VANNSCOOTER SERVICE AS

3023 DRAMMEN

Finances

Share Ownership

Return on Equity

33,37 %

Current Ratio

2,96

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 926 000	3 580 000	1 241 000	79 000
Net Income	540 000	762 000	300 000	−14 000
Total Assets	2 239 000	1 514 000	425 000	30 000
Total Equity	1 618 000	1 078 000	316 000	16 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 926 000	3 580 000	1 241 000	79 000
Expenditure	3 176 000	2 653 000	863 000	92 000
Operating Profit	750 000	928 000	379 000	−14 000
Financial Income	23 000	39 000	3 000	0
Financial Costs	68 000	1 000	1 000	0
Financial Balance	−45 000	38 000	2 000	0
Earnings Before Tax	706 000	966 000	381 000	−14 000
Tax	166 000	204 000	82 000	0
Net Income	540 000	762 000	300 000	−14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	417 000	433 000	13 000	0
Total Current Assets	1 822 000	1 081 000	412 000	30 000
Total Assets	2 239 000	1 514 000	425 000	30 000
Total Retained Equity	1 588 000	1 048 000	286 000	−14 000
Total Equity	1 618 000	1 078 000	316 000	16 000
Total Long-Term Debt	6 000	8 000	0	0
Total Current Debt	615 000	429 000	108 000	13 000
Total Equity and Debt	2 239 000	1 514 000	425 000	30 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 926 000	3 579 000	1 240 000	79 000
Other Income	0	1 000	1 000	0
Revenue	3 926 000	3 580 000	1 241 000	79 000
Cost of Goods Sold	1 613 000	1 568 000	588 000	64 000
Salary Costs	697 000	285 000	0	0
Depreciation	123 000	83 000	4 000	0
Impairment	0	0	0	0
Expenditure	3 176 000	2 653 000	863 000	92 000
Operating Profit	750 000	928 000	379 000	−14 000
Financial Income	23 000	39 000	3 000	0
Financial Costs	68 000	1 000	1 000	0
Financial Balance	−45 000	38 000	2 000	0
Dividends	0	0	0	0
Net Income	540 000	762 000	300 000	−14 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 000	12 000	0	0
Machinery and Plant Facilities	208 000	152 000	0	0
Fixtures	202 000	268 000	13 000	0
Total Tangible Assets	417 000	433 000	13 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	417 000	433 000	13 000	0
Stock	729 000	226 000	155 000	0
Total Investments	391 000	420 000	123 000	0
Cash, Bank	480 000	231 000	44 000	15 000
Total Current Assets	1 822 000	1 081 000	412 000	30 000
Total Assets	2 239 000	1 514 000	425 000	30 000
Total Equity	1 618 000	1 078 000	316 000	16 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 000	8 000	0	0
Creditors	214 000	50 000	6 000	0
Unpaid Taxes	144 000	72 000	21 000	0
Dividends	0	0	0	0
Other Current Debt	89 000	109 000	0	13 000
Total Current Debt	615 000	429 000	108 000	13 000
Total Equity and Debt	2 239 000	1 514 000	425 000	30 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,37 %	70,69 %	94,94 %	−87,5 %
Debt-to-Equity Ratio	0	0,01	0	0
Operating Profit Margin	19,1 %	25,92 %	30,54 %	−17,72 %
Current Ratio	2,96	2,52	3,81	2,31
Quick Ratio	−15,98	5,33	−8,77	2,31
Equity Ratio	0,72	0,71	0,74	0,53
Gross Profit Margin	58,91 %	56,2 %	52,62 %	18,99 %