VOSS MØBEL OG TREVAREVERKSTAD AS

5709 VOSS

Finances

Return on Equity

20,48 %

Current Ratio

1,66

Debt-to-Equity Ratio

2,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	38 848 000	35 508 000	32 783 000	31 266 000
Net Income	1 685 000	974 000	225 000	−427 000
Total Assets	32 448 000	32 711 000	31 063 000	33 518 000
Total Equity	8 229 000	7 252 000	6 693 000	7 959 000

Income (NOK)	2022	2021	2020	2019
Revenue	38 848 000	35 508 000	32 783 000	31 266 000
Expenditure	35 961 000	33 380 000	31 506 000	30 873 000
Operating Profit	2 887 000	2 128 000	1 278 000	393 000
Financial Income	13 000	22 000	2 000	26 000
Financial Costs	960 000	899 000	990 000	964 000
Financial Balance	−947 000	−877 000	−988 000	−938 000
Earnings Before Tax	1 941 000	1 250 000	290 000	−545 000
Tax	256 000	276 000	65 000	−118 000
Net Income	1 685 000	974 000	225 000	−427 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 674 000	21 577 000	22 429 000	24 402 000
Total Current Assets	11 775 000	11 134 000	8 634 000	9 115 000
Total Assets	32 448 000	32 711 000	31 063 000	33 518 000
Total Retained Equity	1 761 000	784 000	225 000	0
Total Equity	8 229 000	7 252 000	6 693 000	7 959 000
Total Long-Term Debt	17 120 000	18 827 000	18 597 000	19 364 000
Total Current Debt	7 100 000	6 632 000	5 773 000	6 195 000
Total Equity and Debt	32 448 000	32 711 000	31 063 000	33 518 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	38 428 000	35 508 000	32 783 000	31 256 000
Other Income	420 000	0	0	10 000
Revenue	38 848 000	35 508 000	32 783 000	31 266 000
Cost of Goods Sold	17 808 000	16 048 000	14 895 000	13 781 000
Salary Costs	10 347 000	10 578 000	9 730 000	9 790 000
Depreciation	898 000	945 000	944 000	943 000
Impairment	0	0	0	0
Expenditure	35 961 000	33 380 000	31 506 000	30 873 000
Operating Profit	2 887 000	2 128 000	1 278 000	393 000
Financial Income	13 000	22 000	2 000	26 000
Financial Costs	960 000	899 000	990 000	964 000
Financial Balance	−947 000	−877 000	−988 000	−938 000
Dividends	0	0	0	0
Net Income	1 685 000	974 000	225 000	−427 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	500 000	500 000	500 000	500 000
Real Eastate	19 824 000	20 517 000	21 162 000	23 110 000
Machinery and Plant Facilities	54 000	107 000	259 000	381 000
Fixtures	141 000	215 000	220 000	267 000
Total Tangible Assets	20 019 000	20 839 000	21 641 000	23 758 000
Total Fiancial Fixed Assets	154 000	238 000	288 000	145 000
Total Fixed Assets	20 674 000	21 577 000	22 429 000	24 402 000
Stock	5 447 000	4 308 000	3 087 000	3 331 000
Total Investments	0	0	0	0
Cash, Bank	662 000	605 000	551 000	487 000
Total Current Assets	11 775 000	11 134 000	8 634 000	9 115 000
Total Assets	32 448 000	32 711 000	31 063 000	33 518 000
Total Equity	8 229 000	7 252 000	6 693 000	7 959 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 120 000	18 827 000	18 597 000	19 364 000
Creditors	1 979 000	1 327 000	609 000	739 000
Unpaid Taxes	824 000	779 000	749 000	692 000
Dividends	0	0	0	0
Other Current Debt	1 409 000	1 574 000	1 573 000	2 289 000
Total Current Debt	7 100 000	6 632 000	5 773 000	6 195 000
Total Equity and Debt	32 448 000	32 711 000	31 063 000	33 518 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,48 %	13,43 %	3,36 %	−5,36 %
Debt-to-Equity Ratio	2,08	2,6	2,78	2,43
Operating Profit Margin	7,43 %	5,99 %	3,9 %	1,26 %
Current Ratio	1,66	1,68	1,5	1,47
Quick Ratio	7,12	4,79	3,21	3,18
Equity Ratio	0,25	0,22	0,22	0,24
Gross Profit Margin	54,16 %	54,8 %	54,56 %	55,92 %