OTTO VEFLEN MASKINENTREPRENØR AS

2100 SKARNES

Finances

Return on Equity

17,69 %

Current Ratio

0,8

Debt-to-Equity Ratio

0,9

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 017 000	12 001 000	13 013 000	12 837 000
Net Income	6 202 000	2 241 000	20 565 000	724 000
Total Assets	72 556 000	53 974 000	61 393 000	43 380 000
Total Equity	35 057 000	28 855 000	30 348 000	11 045 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 017 000	12 001 000	13 013 000	12 837 000
Expenditure	8 166 000	8 405 000	12 140 000	8 373 000
Operating Profit	3 851 000	3 596 000	874 000	4 464 000
Financial Income	974 000	549 000	20 775 000	574 000
Financial Costs	−2 195 000	700 000	963 000	3 396 000
Financial Balance	3 169 000	−151 000	19 812 000	−2 822 000
Earnings Before Tax	7 020 000	3 444 000	20 686 000	1 642 000
Tax	818 000	1 204 000	121 000	918 000
Net Income	6 202 000	2 241 000	20 565 000	724 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	67 798 000	48 307 000	58 155 000	40 990 000
Total Current Assets	4 757 000	5 667 000	3 238 000	2 390 000
Total Assets	72 556 000	53 974 000	61 393 000	43 380 000
Total Retained Equity	32 590 000	26 388 000	27 427 000	8 125 000
Total Equity	35 057 000	28 855 000	30 348 000	11 045 000
Total Long-Term Debt	31 530 000	19 317 000	26 463 000	25 728 000
Total Current Debt	5 969 000	5 802 000	4 582 000	6 606 000
Total Equity and Debt	72 556 000	53 974 000	61 393 000	43 380 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 017 000	12 001 000	13 013 000	12 837 000
Other Income	0	0	0	0
Revenue	12 017 000	12 001 000	13 013 000	12 837 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	7 560 000	7 986 000	8 961 000	8 316 000
Impairment	0	0	2 027 000	0
Expenditure	8 166 000	8 405 000	12 140 000	8 373 000
Operating Profit	3 851 000	3 596 000	874 000	4 464 000
Financial Income	974 000	549 000	20 775 000	574 000
Financial Costs	−2 195 000	700 000	963 000	3 396 000
Financial Balance	3 169 000	−151 000	19 812 000	−2 822 000
Dividends	0	0	1 000 000	0
Net Income	6 202 000	2 241 000	20 565 000	724 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	256 000	284 000	4 091 000	6 174 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	27 674 000	14 517 000	21 594 000	17 873 000
Total Tangible Assets	27 930 000	14 801 000	25 685 000	24 047 000
Total Fiancial Fixed Assets	39 868 000	33 505 000	32 470 000	16 942 000
Total Fixed Assets	67 798 000	48 307 000	58 155 000	40 990 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	79 000	767 000	388 000	47 000
Total Current Assets	4 757 000	5 667 000	3 238 000	2 390 000
Total Assets	72 556 000	53 974 000	61 393 000	43 380 000
Total Equity	35 057 000	28 855 000	30 348 000	11 045 000
Short-Term Group Debt	3 857 000	4 501 000	2 821 000	4 318 000
Total Long-Term Debt	31 530 000	19 317 000	26 463 000	25 728 000
Creditors	2 037 000	1 203 000	1 645 000	1 483 000
Unpaid Taxes	0	56 000	16 000	266 000
Dividends	0	0	1 000 000	0
Other Current Debt	75 000	42 000	100 000	540 000
Total Current Debt	5 969 000	5 802 000	4 582 000	6 606 000
Total Equity and Debt	72 556 000	53 974 000	61 393 000	43 380 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,69 %	7,77 %	67,76 %	6,56 %
Debt-to-Equity Ratio	0,9	0,67	0,87	2,33
Operating Profit Margin	32,05 %	29,96 %	6,72 %	34,77 %
Current Ratio	0,8	0,98	0,71	0,36
Quick Ratio	0,8	0,98	0,71	0,36
Equity Ratio	0,48	0,53	0,49	0,25
Gross Profit Margin	100 %	100 %	100 %	100 %