THE VANKER BROTHERS AS

0164 OSLO

Finances

Share Ownership

Return on Equity

−14,96 %

Current Ratio

1,09

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019
Revenue	48 243 000	53 171 000	12 297 000
Net Income	−76 000	455 000	104 000
Total Assets	4 369 000	8 642 000	3 009 000
Total Equity	508 000	584 000	129 000

Income (NOK)	2021	2020	2019
Revenue	48 243 000	53 171 000	12 297 000
Expenditure	48 355 000	52 827 000	11 950 000
Operating Profit	−112 000	345 000	346 000
Financial Income	24 000	41 000	0
Financial Costs	−10 000	15 000	1 000
Financial Balance	34 000	26 000	−1 000
Earnings Before Tax	−79 000	371 000	346 000
Tax	−3 000	−84 000	242 000
Net Income	−76 000	455 000	104 000

Balance (NOK)	2021	2020	2019
Total Fixed Assets	146 000	218 000	0
Total Current Assets	4 223 000	8 424 000	3 009 000
Total Assets	4 369 000	8 642 000	3 009 000
Total Retained Equity	484 000	559 000	104 000
Total Equity	508 000	584 000	129 000
Total Long-Term Debt	0	3 000	0
Total Current Debt	3 861 000	8 055 000	2 881 000
Total Equity and Debt	4 369 000	8 642 000	3 009 000

Cash flow (NOK)	2021	2020	2019
Sales Income	48 243 000	52 381 000	13 087 000
Other Income	0	790 000	−790 000
Revenue	48 243 000	53 171 000	12 297 000
Cost of Goods Sold	46 765 000	51 523 000	11 407 000
Salary Costs	760 000	729 000	440 000
Depreciation	87 000	43 000	0
Impairment	0	0	0
Expenditure	48 355 000	52 827 000	11 950 000
Operating Profit	−112 000	345 000	346 000
Financial Income	24 000	41 000	0
Financial Costs	−10 000	15 000	1 000
Financial Balance	34 000	26 000	−1 000
Dividends	0	0	0
Net Income	−76 000	455 000	104 000

Balance details (NOK)	2021	2020	2019
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	146 000	218 000	0
Total Tangible Assets	146 000	218 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	146 000	218 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	2 480 000	567 000	253 000
Total Current Assets	4 223 000	8 424 000	3 009 000
Total Assets	4 369 000	8 642 000	3 009 000
Total Equity	508 000	584 000	129 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	3 000	0
Creditors	3 739 000	7 913 000	1 778 000
Unpaid Taxes	54 000	52 000	31 000
Dividends	0	0	0
Other Current Debt	69 000	91 000	829 000
Total Current Debt	3 861 000	8 055 000	2 881 000
Total Equity and Debt	4 369 000	8 642 000	3 009 000

Financial indicators	2021	2020	2019
Return on Equity	−14,96 %	77,91 %	80,62 %
Debt-to-Equity Ratio	0	0,01	0
Operating Profit Margin	−0,23 %	0,65 %	2,81 %
Current Ratio	1,09	1,05	1,04
Quick Ratio	1,09	1,05	1,04
Equity Ratio	0,12	0,07	0,04
Gross Profit Margin	3,06 %	3,1 %	7,24 %