VACO RØR AS

4306 SANDNES

Finances

Return on Equity

−2 709,29 %

Current Ratio

0,56

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019
Revenue	18 329 000	25 082 000	7 570 000
Net Income	−3 793 000	2 944 000	789 000
Total Assets	6 429 000	7 934 000	9 057 000
Total Equity	140 000	4 133 000	1 189 000

Income (NOK)	2021	2020	2019
Revenue	18 329 000	25 082 000	7 570 000
Expenditure	22 118 000	21 297 000	6 557 000
Operating Profit	−3 789 000	3 784 000	1 013 000
Financial Income	1 000	2 000	0
Financial Costs	5 000	7 000	1 000
Financial Balance	−4 000	−5 000	−1 000
Earnings Before Tax	−3 793 000	3 779 000	1 012 000
Tax	0	835 000	223 000
Net Income	−3 793 000	2 944 000	789 000

Balance (NOK)	2021	2020	2019
Total Fixed Assets	2 886 000	2 425 000	0
Total Current Assets	3 543 000	5 509 000	9 057 000
Total Assets	6 429 000	7 934 000	9 057 000
Total Retained Equity	−220 000	3 733 000	789 000
Total Equity	140 000	4 133 000	1 189 000
Total Long-Term Debt	0	0	33 000
Total Current Debt	6 289 000	3 801 000	7 835 000
Total Equity and Debt	6 429 000	7 934 000	9 057 000

Cash flow (NOK)	2021	2020	2019
Sales Income	18 329 000	25 082 000	7 570 000
Other Income	0	0	0
Revenue	18 329 000	25 082 000	7 570 000
Cost of Goods Sold	9 747 000	8 009 000	4 801 000
Salary Costs	9 921 000	11 626 000	1 308 000
Depreciation	10 000	4 000	0
Impairment	0	0	0
Expenditure	22 118 000	21 297 000	6 557 000
Operating Profit	−3 789 000	3 784 000	1 013 000
Financial Income	1 000	2 000	0
Financial Costs	5 000	7 000	1 000
Financial Balance	−4 000	−5 000	−1 000
Dividends	0	0	0
Net Income	−3 793 000	2 944 000	789 000

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	46 000	25 000	0
Total Tangible Assets	46 000	25 000	0
Total Fiancial Fixed Assets	2 840 000	2 400 000	0
Total Fixed Assets	2 886 000	2 425 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 566 000	2 000 000	1 553 000
Total Current Assets	3 543 000	5 509 000	9 057 000
Total Assets	6 429 000	7 934 000	9 057 000
Total Equity	140 000	4 133 000	1 189 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	33 000
Creditors	2 245 000	1 563 000	4 425 000
Unpaid Taxes	779 000	442 000	1 127 000
Dividends	0	0	0
Other Current Debt	3 264 000	928 000	2 093 000
Total Current Debt	6 289 000	3 801 000	7 835 000
Total Equity and Debt	6 429 000	7 934 000	9 057 000

Financial indicators	2021	2020	2019
Return on Equity	−2 709,29 %	71,23 %	66,36 %
Debt-to-Equity Ratio	0	0	0,03
Operating Profit Margin	−20,67 %	15,09 %	13,38 %
Current Ratio	0,56	1,45	1,16
Quick Ratio	0,56	1,45	1,16
Equity Ratio	0,02	0,52	0,13
Gross Profit Margin	46,82 %	68,07 %	36,58 %