VINK NORWAY AS

1266 OSLO

Finances

Share Ownership

Return on Equity

64,82 %

Current Ratio

1,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	194 392 000	173 110 000	168 666 000	168 040 000
Net Income	9 999 000	6 741 000	4 148 000	5 699 000
Total Assets	72 415 000	64 193 000	60 949 000	55 173 000
Total Equity	15 426 000	15 427 000	18 686 000	24 538 000

Income (NOK)	2022	2021	2020	2019
Revenue	194 392 000	173 110 000	168 666 000	168 040 000
Expenditure	180 349 000	165 181 000	162 117 000	160 867 000
Operating Profit	14 043 000	7 928 000	6 549 000	7 173 000
Financial Income	2 590 000	743 000	−1 213 000	178 000
Financial Costs	3 799 000	11 000	11 000	12 000
Financial Balance	−1 209 000	732 000	−1 224 000	166 000
Earnings Before Tax	12 834 000	8 660 000	5 325 000	7 339 000
Tax	2 835 000	1 919 000	1 176 000	1 640 000
Net Income	9 999 000	6 741 000	4 148 000	5 699 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 000 000	1 230 000	1 021 000	545 000
Total Current Assets	71 415 000	62 964 000	59 929 000	54 628 000
Total Assets	72 415 000	64 193 000	60 949 000	55 173 000
Total Retained Equity	11 126 000	11 127 000	14 386 000	20 238 000
Total Equity	15 426 000	15 427 000	18 686 000	24 538 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	56 989 000	48 766 000	42 263 000	30 635 000
Total Equity and Debt	72 415 000	64 193 000	60 949 000	55 173 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	194 392 000	173 110 000	168 666 000	168 040 000
Other Income	0	0	0	0
Revenue	194 392 000	173 110 000	168 666 000	168 040 000
Cost of Goods Sold	134 107 000	123 206 000	120 214 000	118 096 000
Salary Costs	28 501 000	25 770 000	25 005 000	25 469 000
Depreciation	117 000	161 000	137 000	157 000
Impairment	0	0	0	0
Expenditure	180 349 000	165 181 000	162 117 000	160 867 000
Operating Profit	14 043 000	7 928 000	6 549 000	7 173 000
Financial Income	2 590 000	743 000	−1 213 000	178 000
Financial Costs	3 799 000	11 000	11 000	12 000
Financial Balance	−1 209 000	732 000	−1 224 000	166 000
Dividends	0	0	0	0
Net Income	9 999 000	6 741 000	4 148 000	5 699 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	701 000	813 000	493 000	339 000
Real Eastate	28 000	40 000	52 000	0
Machinery and Plant Facilities	272 000	362 000	428 000	105 000
Fixtures	0	15 000	43 000	79 000
Total Tangible Assets	300 000	417 000	528 000	206 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 000 000	1 230 000	1 021 000	545 000
Stock	26 970 000	18 164 000	20 724 000	18 950 000
Total Investments	0	0	0	0
Cash, Bank	23 225 000	21 338 000	15 782 000	13 199 000
Total Current Assets	71 415 000	62 964 000	59 929 000	54 628 000
Total Assets	72 415 000	64 193 000	60 949 000	55 173 000
Total Equity	15 426 000	15 427 000	18 686 000	24 538 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	27 499 000	21 988 000	18 111 000	16 621 000
Unpaid Taxes	4 793 000	8 163 000	6 564 000	7 011 000
Dividends	0	0	0	0
Other Current Debt	11 974 000	6 376 000	6 258 000	5 248 000
Total Current Debt	56 989 000	48 766 000	42 263 000	30 635 000
Total Equity and Debt	72 415 000	64 193 000	60 949 000	55 173 000

Financial indicators	2022	2021	2020	2019
Return on Equity	64,82 %	43,7 %	22,2 %	23,23 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,22 %	4,58 %	3,88 %	4,27 %
Current Ratio	1,25	1,29	1,42	1,78
Quick Ratio	2,38	2,06	2,78	4,68
Equity Ratio	0,21	0,24	0,31	0,44
Gross Profit Margin	31,01 %	28,83 %	28,73 %	29,72 %