VATNE SJØMAT AS

3262 LARVIK

Finances

Share Ownership

Return on Equity

105,44 %

Current Ratio

0,6

Debt-to-Equity Ratio

−0,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 309 000	11 451 000	11 492 000	6 025 000
Net Income	−252 000	−58 000	415 000	282 000
Total Assets	1 076 000	961 000	1 792 000	1 437 000
Total Equity	−239 000	13 000	71 000	390 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 309 000	11 451 000	11 492 000	6 025 000
Expenditure	9 554 000	11 508 000	10 956 000	5 662 000
Operating Profit	−245 000	−57 000	536 000	363 000
Financial Income	0	0	1 000	1 000
Financial Costs	7 000	0	2 000	1 000
Financial Balance	−7 000	0	−1 000	0
Earnings Before Tax	−252 000	−58 000	534 000	363 000
Tax	0	0	119 000	80 000
Net Income	−252 000	−58 000	415 000	282 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	345 000	303 000	201 000	193 000
Total Current Assets	731 000	658 000	1 590 000	1 244 000
Total Assets	1 076 000	961 000	1 792 000	1 437 000
Total Retained Equity	−310 000	−58 000	0	135 000
Total Equity	−239 000	13 000	71 000	390 000
Total Long-Term Debt	101 000	0	0	4 000
Total Current Debt	1 215 000	948 000	1 721 000	1 043 000
Total Equity and Debt	1 076 000	961 000	1 792 000	1 437 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 311 000	11 436 000	11 491 000	6 025 000
Other Income	−3 000	15 000	2 000	0
Revenue	9 309 000	11 451 000	11 492 000	6 025 000
Cost of Goods Sold	5 693 000	7 463 000	7 067 000	3 575 000
Salary Costs	2 501 000	2 726 000	2 728 000	1 436 000
Depreciation	89 000	50 000	51 000	25 000
Impairment	0	0	0	0
Expenditure	9 554 000	11 508 000	10 956 000	5 662 000
Operating Profit	−245 000	−57 000	536 000	363 000
Financial Income	0	0	1 000	1 000
Financial Costs	7 000	0	2 000	1 000
Financial Balance	−7 000	0	−1 000	0
Dividends	0	0	734 000	150 000
Net Income	−252 000	−58 000	415 000	282 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	128 000	152 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	217 000	151 000	201 000	193 000
Total Tangible Assets	345 000	303 000	201 000	193 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	345 000	303 000	201 000	193 000
Stock	155 000	197 000	174 000	154 000
Total Investments	0	0	0	0
Cash, Bank	484 000	342 000	1 361 000	1 018 000
Total Current Assets	731 000	658 000	1 590 000	1 244 000
Total Assets	1 076 000	961 000	1 792 000	1 437 000
Total Equity	−239 000	13 000	71 000	390 000
Short-Term Group Debt	0	0	600 000	150 000
Total Long-Term Debt	101 000	0	0	4 000
Creditors	560 000	480 000	510 000	214 000
Unpaid Taxes	257 000	180 000	240 000	249 000
Dividends	0	0	734 000	150 000
Other Current Debt	398 000	288 000	247 000	357 000
Total Current Debt	1 215 000	948 000	1 721 000	1 043 000
Total Equity and Debt	1 076 000	961 000	1 792 000	1 437 000

Financial indicators	2022	2021	2020	2019
Return on Equity	105,44 %	−446,15 %	584,51 %	72,31 %
Debt-to-Equity Ratio	−0,42	0	0	0,01
Operating Profit Margin	−2,63 %	−0,5 %	4,66 %	6,02 %
Current Ratio	0,6	0,69	0,92	1,19
Quick Ratio	0,69	0,88	1,03	1,4
Equity Ratio	−0,22	0,01	0,04	0,27
Gross Profit Margin	38,84 %	34,83 %	38,51 %	40,66 %