VATNES AUTO AS

6150 ØRSTA

Finances

Share Ownership

Return on Equity

240,7 %

Current Ratio

0,55

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 712 000	3 214 000	1 959 000	1 802 000
Net Income	−207 000	133 000	−8 000	−113 000
Total Assets	277 000	189 000	596 000	631 000
Total Equity	−86 000	121 000	−12 000	−4 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 712 000	3 214 000	1 959 000	1 802 000
Expenditure	2 949 000	3 033 000	1 969 000	1 947 000
Operating Profit	−237 000	181 000	−9 000	−144 000
Financial Income	0	0	0	0
Financial Costs	29 000	10 000	0	0
Financial Balance	−29 000	−10 000	0	0
Earnings Before Tax	−266 000	171 000	−9 000	−144 000
Tax	−59 000	38 000	−2 000	−32 000
Net Income	−207 000	133 000	−8 000	−113 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	77 000	28 000	45 000	51 000
Total Current Assets	200 000	161 000	552 000	580 000
Total Assets	277 000	189 000	596 000	631 000
Total Retained Equity	−116 000	91 000	−42 000	−34 000
Total Equity	−86 000	121 000	−12 000	−4 000
Total Long-Term Debt	0	0	580 000	580 000
Total Current Debt	363 000	68 000	28 000	55 000
Total Equity and Debt	277 000	189 000	596 000	631 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 712 000	3 214 000	1 939 000	1 802 000
Other Income	0	0	21 000	0
Revenue	2 712 000	3 214 000	1 959 000	1 802 000
Cost of Goods Sold	2 164 000	2 654 000	1 500 000	1 365 000
Salary Costs	403 000	5 000	117 000	275 000
Depreciation	10 000	6 000	6 000	6 000
Impairment	0	0	0	0
Expenditure	2 949 000	3 033 000	1 969 000	1 947 000
Operating Profit	−237 000	181 000	−9 000	−144 000
Financial Income	0	0	0	0
Financial Costs	29 000	10 000	0	0
Financial Balance	−29 000	−10 000	0	0
Dividends	0	0	0	0
Net Income	−207 000	133 000	−8 000	−113 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	59 000	0	31 000	31 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 000	5 000	9 000	13 000
Fixtures	17 000	23 000	5 000	7 000
Total Tangible Assets	18 000	28 000	14 000	20 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	77 000	28 000	45 000	51 000
Stock	102 000	113 000	283 000	243 000
Total Investments	0	0	0	0
Cash, Bank	41 000	12 000	249 000	296 000
Total Current Assets	200 000	161 000	552 000	580 000
Total Assets	277 000	189 000	596 000	631 000
Total Equity	−86 000	121 000	−12 000	−4 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	580 000	580 000
Creditors	37 000	45 000	35 000	12 000
Unpaid Taxes	41 000	0	−18 000	18 000
Dividends	0	0	0	0
Other Current Debt	48 000	0	11 000	26 000
Total Current Debt	363 000	68 000	28 000	55 000
Total Equity and Debt	277 000	189 000	596 000	631 000

Financial indicators	2022	2021	2020	2019
Return on Equity	240,7 %	109,92 %	66,67 %	2 825 %
Debt-to-Equity Ratio	−0	0	−48,33	−145
Operating Profit Margin	−8,74 %	5,63 %	−0,46 %	−7,99 %
Current Ratio	0,55	2,37	19,71	10,55
Quick Ratio	0,77	−3,58	−2,16	−3,09
Equity Ratio	−0,31	0,64	−0,02	−0,01
Gross Profit Margin	20,21 %	17,42 %	23,43 %	24,25 %