VLS MASKIN AS

6884 ØVRE ÅRDAL

Finances

Share Ownership

Return on Equity

21,79 %

Current Ratio

2,23

Debt-to-Equity Ratio

0,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 205 000	10 464 000	11 000 000	8 350 000
Net Income	807 000	565 000	896 000	669 000
Total Assets	8 560 000	7 871 000	6 884 000	5 462 000
Total Equity	3 703 000	2 896 000	2 332 000	1 436 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 205 000	10 464 000	11 000 000	8 350 000
Expenditure	12 010 000	9 593 000	9 716 000	7 357 000
Operating Profit	1 194 000	872 000	1 285 000	993 000
Financial Income	0	0	0	1 000
Financial Costs	156 000	146 000	133 000	134 000
Financial Balance	−156 000	−146 000	−133 000	−133 000
Earnings Before Tax	1 039 000	726 000	1 152 000	861 000
Tax	232 000	161 000	256 000	191 000
Net Income	807 000	565 000	896 000	669 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 044 000	3 286 000	3 624 000	2 694 000
Total Current Assets	5 516 000	4 586 000	3 260 000	2 768 000
Total Assets	8 560 000	7 871 000	6 884 000	5 462 000
Total Retained Equity	3 253 000	2 446 000	1 882 000	986 000
Total Equity	3 703 000	2 896 000	2 332 000	1 436 000
Total Long-Term Debt	2 380 000	2 983 000	2 620 000	2 603 000
Total Current Debt	2 477 000	1 992 000	1 933 000	1 423 000
Total Equity and Debt	8 560 000	7 871 000	6 884 000	5 462 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 923 000	10 225 000	10 961 000	8 237 000
Other Income	282 000	239 000	40 000	113 000
Revenue	13 205 000	10 464 000	11 000 000	8 350 000
Cost of Goods Sold	2 360 000	1 616 000	2 193 000	1 693 000
Salary Costs	4 922 000	4 257 000	4 275 000	3 308 000
Depreciation	1 198 000	1 061 000	786 000	601 000
Impairment	0	0	0	0
Expenditure	12 010 000	9 593 000	9 716 000	7 357 000
Operating Profit	1 194 000	872 000	1 285 000	993 000
Financial Income	0	0	0	1 000
Financial Costs	156 000	146 000	133 000	134 000
Financial Balance	−156 000	−146 000	−133 000	−133 000
Dividends	0	0	0	0
Net Income	807 000	565 000	896 000	669 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	37 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	900 000	1 286 000	1 804 000	2 013 000
Fixtures	2 108 000	2 000 000	1 821 000	681 000
Total Tangible Assets	3 007 000	3 286 000	3 624 000	2 694 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 044 000	3 286 000	3 624 000	2 694 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 816 000	3 080 000	1 925 000	1 249 000
Total Current Assets	5 516 000	4 586 000	3 260 000	2 768 000
Total Assets	8 560 000	7 871 000	6 884 000	5 462 000
Total Equity	3 703 000	2 896 000	2 332 000	1 436 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 380 000	2 983 000	2 620 000	2 603 000
Creditors	501 000	246 000	389 000	186 000
Unpaid Taxes	813 000	909 000	706 000	570 000
Dividends	0	0	0	0
Other Current Debt	853 000	629 000	608 000	487 000
Total Current Debt	2 477 000	1 992 000	1 933 000	1 423 000
Total Equity and Debt	8 560 000	7 871 000	6 884 000	5 462 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,79 %	19,51 %	38,42 %	46,59 %
Debt-to-Equity Ratio	0,64	1,03	1,12	1,81
Operating Profit Margin	9,04 %	8,33 %	11,68 %	11,89 %
Current Ratio	2,23	2,3	1,69	1,95
Quick Ratio	2,23	2,3	1,69	1,95
Equity Ratio	0,43	0,37	0,34	0,26
Gross Profit Margin	82,13 %	84,56 %	80,06 %	79,72 %