VMEK AS

2550 OS I ØSTERDALEN

Finances

Share Ownership

Return on Equity

10,92 %

Current Ratio

1,52

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	5 590 000	4 513 000	1 419 000
Net Income	63 000	266 000	118 000
Total Assets	2 330 000	2 286 000	910 000
Total Equity	577 000	514 000	248 000

Income (NOK)	2022	2021	2020
Revenue	5 590 000	4 513 000	1 419 000
Expenditure	5 446 000	4 129 000	1 245 000
Operating Profit	144 000	383 000	174 000
Financial Income	3 000	0	0
Financial Costs	66 000	41 000	26 000
Financial Balance	−63 000	−41 000	−26 000
Earnings Before Tax	81 000	342 000	147 000
Tax	18 000	76 000	29 000
Net Income	63 000	266 000	118 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	542 000	530 000	316 000
Total Current Assets	1 788 000	1 756 000	595 000
Total Assets	2 330 000	2 286 000	910 000
Total Retained Equity	427 000	364 000	98 000
Total Equity	577 000	514 000	248 000
Total Long-Term Debt	577 000	661 000	426 000
Total Current Debt	1 176 000	1 111 000	236 000
Total Equity and Debt	2 330 000	2 286 000	910 000

Cash flow (NOK)	2022	2021	2020
Sales Income	5 290 000	4 367 000	1 419 000
Other Income	300 000	146 000	0
Revenue	5 590 000	4 513 000	1 419 000
Cost of Goods Sold	1 093 000	1 219 000	340 000
Salary Costs	2 668 000	1 899 000	556 000
Depreciation	117 000	81 000	57 000
Impairment	0	0	0
Expenditure	5 446 000	4 129 000	1 245 000
Operating Profit	144 000	383 000	174 000
Financial Income	3 000	0	0
Financial Costs	66 000	41 000	26 000
Financial Balance	−63 000	−41 000	−26 000
Dividends	0	0	0
Net Income	63 000	266 000	118 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	1 000	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	162 000	163 000	70 000
Fixtures	162 000	217 000	246 000
Total Tangible Assets	324 000	380 000	316 000
Total Fiancial Fixed Assets	217 000	150 000	0
Total Fixed Assets	542 000	530 000	316 000
Stock	119 000	42 000	90 000
Total Investments	0	0	0
Cash, Bank	511 000	1 129 000	296 000
Total Current Assets	1 788 000	1 756 000	595 000
Total Assets	2 330 000	2 286 000	910 000
Total Equity	577 000	514 000	248 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	577 000	661 000	426 000
Creditors	541 000	420 000	83 000
Unpaid Taxes	372 000	329 000	78 000
Dividends	0	0	0
Other Current Debt	236 000	289 000	50 000
Total Current Debt	1 176 000	1 111 000	236 000
Total Equity and Debt	2 330 000	2 286 000	910 000

Financial indicators	2022	2021	2020
Return on Equity	10,92 %	51,75 %	47,58 %
Debt-to-Equity Ratio	1	1,29	1,72
Operating Profit Margin	2,58 %	8,49 %	12,26 %
Current Ratio	1,52	1,58	2,52
Quick Ratio	1,69	1,64	4,08
Equity Ratio	0,25	0,22	0,27
Gross Profit Margin	80,45 %	72,99 %	76,04 %