VANS OF NORWAY AS

8312 HENNINGSVÆR

Finances

Share Ownership

Return on Equity

36,74 %

Current Ratio

5,14

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 092 000	1 345 000	893 000	1 312 000
Net Income	259 000	367 000	−205 000	161 000
Total Assets	877 000	739 000	971 000	1 200 000
Total Equity	705 000	445 000	78 000	283 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 092 000	1 345 000	893 000	1 312 000
Expenditure	769 000	872 000	1 151 000	1 077 000
Operating Profit	324 000	472 000	−258 000	235 000
Financial Income	11 000	0	0	0
Financial Costs	0	0	3 000	2 000
Financial Balance	11 000	0	−3 000	−2 000
Earnings Before Tax	334 000	472 000	−260 000	233 000
Tax	75 000	105 000	−55 000	71 000
Net Income	259 000	367 000	−205 000	161 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	615 000	484 000	782 000	923 000
Total Current Assets	262 000	255 000	189 000	277 000
Total Assets	877 000	739 000	971 000	1 200 000
Total Retained Equity	675 000	415 000	48 000	253 000
Total Equity	705 000	445 000	78 000	283 000
Total Long-Term Debt	121 000	67 000	771 000	754 000
Total Current Debt	51 000	226 000	122 000	163 000
Total Equity and Debt	877 000	739 000	971 000	1 200 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	610 000	1 057 000	885 000	1 266 000
Other Income	482 000	288 000	8 000	45 000
Revenue	1 092 000	1 345 000	893 000	1 312 000
Cost of Goods Sold	81 000	97 000	92 000	108 000
Salary Costs	67 000	12 000	69 000	0
Depreciation	93 000	155 000	174 000	131 000
Impairment	0	0	0	0
Expenditure	769 000	872 000	1 151 000	1 077 000
Operating Profit	324 000	472 000	−258 000	235 000
Financial Income	11 000	0	0	0
Financial Costs	0	0	3 000	2 000
Financial Balance	11 000	0	−3 000	−2 000
Dividends	0	0	0	0
Net Income	259 000	367 000	−205 000	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	65 000	484 000	782 000	923 000
Total Tangible Assets	65 000	484 000	782 000	923 000
Total Fiancial Fixed Assets	550 000	0	0	0
Total Fixed Assets	615 000	484 000	782 000	923 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	212 000	237 000	87 000	227 000
Total Current Assets	262 000	255 000	189 000	277 000
Total Assets	877 000	739 000	971 000	1 200 000
Total Equity	705 000	445 000	78 000	283 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	121 000	67 000	771 000	754 000
Creditors	24 000	7 000	47 000	17 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	6 000	162 000	75 000	107 000
Total Current Debt	51 000	226 000	122 000	163 000
Total Equity and Debt	877 000	739 000	971 000	1 200 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,74 %	82,47 %	−262,82 %	56,89 %
Debt-to-Equity Ratio	0,17	0,15	9,88	2,66
Operating Profit Margin	29,67 %	35,09 %	−28,89 %	17,91 %
Current Ratio	5,14	1,13	1,55	1,7
Quick Ratio	5,14	1,13	1,55	1,7
Equity Ratio	0,8	0,6	0,08	0,24
Gross Profit Margin	92,58 %	92,79 %	89,7 %	91,77 %