VINNFORD AS

3238 SANDEFJORD

Finances

Share Ownership

Return on Equity

7,52 %

Current Ratio

6,88

Debt-to-Equity Ratio

2,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 607 000	1 513 000	1 114 000	297 000
Net Income	33 000	207 000	−183 000	−161 000
Total Assets	1 771 000	1 326 000	1 076 000	1 165 000
Total Equity	439 000	406 000	198 000	−588 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 607 000	1 513 000	1 114 000	297 000
Expenditure	1 573 000	1 308 000	1 300 000	458 000
Operating Profit	33 000	205 000	−186 000	−161 000
Financial Income	0	6 000	6 000	0
Financial Costs	0	4 000	4 000	0
Financial Balance	0	2 000	2 000	0
Earnings Before Tax	33 000	207 000	−183 000	−161 000
Tax	0	0	0	0
Net Income	33 000	207 000	−183 000	−161 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 000	14 000	18 000	0
Total Current Assets	1 762 000	1 313 000	1 058 000	1 165 000
Total Assets	1 771 000	1 326 000	1 076 000	1 165 000
Total Retained Equity	−561 000	−594 000	−802 000	−618 000
Total Equity	439 000	406 000	198 000	−588 000
Total Long-Term Debt	1 075 000	839 000	690 000	1 627 000
Total Current Debt	256 000	82 000	187 000	126 000
Total Equity and Debt	1 771 000	1 326 000	1 076 000	1 165 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 607 000	1 513 000	1 114 000	297 000
Other Income	0	0	−1 000	1 000
Revenue	1 607 000	1 513 000	1 114 000	297 000
Cost of Goods Sold	884 000	695 000	730 000	149 000
Salary Costs	0	0	0	0
Depreciation	4 000	4 000	4 000	0
Impairment	0	0	0	0
Expenditure	1 573 000	1 308 000	1 300 000	458 000
Operating Profit	33 000	205 000	−186 000	−161 000
Financial Income	0	6 000	6 000	0
Financial Costs	0	4 000	4 000	0
Financial Balance	0	2 000	2 000	0
Dividends	0	0	0	0
Net Income	33 000	207 000	−183 000	−161 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	9 000	14 000	18 000	0
Total Tangible Assets	9 000	14 000	18 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 000	14 000	18 000	0
Stock	1 019 000	840 000	736 000	939 000
Total Investments	0	0	0	0
Cash, Bank	533 000	250 000	201 000	110 000
Total Current Assets	1 762 000	1 313 000	1 058 000	1 165 000
Total Assets	1 771 000	1 326 000	1 076 000	1 165 000
Total Equity	439 000	406 000	198 000	−588 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 075 000	839 000	690 000	1 627 000
Creditors	176 000	40 000	154 000	106 000
Unpaid Taxes	42 000	42 000	33 000	20 000
Dividends	0	0	0	0
Other Current Debt	38 000	0	0	0
Total Current Debt	256 000	82 000	187 000	126 000
Total Equity and Debt	1 771 000	1 326 000	1 076 000	1 165 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,52 %	50,99 %	−92,42 %	27,38 %
Debt-to-Equity Ratio	2,45	2,07	3,48	−2,77
Operating Profit Margin	2,05 %	13,55 %	−16,7 %	−54,21 %
Current Ratio	6,88	16,01	5,66	9,25
Quick Ratio	−2,31	−1,73	−1,93	−1,43
Equity Ratio	0,25	0,31	0,18	−0,5
Gross Profit Margin	44,99 %	54,06 %	34,47 %	49,83 %