AS VEMI VALDRES ELEKTROMEKANISKE INDUSTRI

2960 RØN

Finances

Share Ownership

Return on Equity

−75,89 %

Current Ratio

2,06

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	56 000	551 000	630 000	1 029 000
Net Income	−107 000	131 000	112 000	466 000
Total Assets	237 000	397 000	649 000	863 000
Total Equity	141 000	248 000	518 000	706 000

Income (NOK)	2021	2020	2019	2018
Revenue	56 000	551 000	630 000	1 029 000
Expenditure	152 000	377 000	491 000	545 000
Operating Profit	−102 000	174 000	125 000	471 000
Financial Income	0	1 000	0	0
Financial Costs	6 000	6 000	5 000	6 000
Financial Balance	−6 000	−5 000	−5 000	−6 000
Earnings Before Tax	−107 000	168 000	120 000	466 000
Tax	0	37 000	8 000	0
Net Income	−107 000	131 000	112 000	466 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	38 000	38 000	38 000	38 000
Total Current Assets	198 000	358 000	611 000	825 000
Total Assets	237 000	397 000	649 000	863 000
Total Retained Equity	41 000	148 000	418 000	606 000
Total Equity	141 000	248 000	518 000	706 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	96 000	149 000	132 000	158 000
Total Equity and Debt	237 000	397 000	649 000	863 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	56 000	543 000	584 000	971 000
Other Income	0	8 000	46 000	58 000
Revenue	56 000	551 000	630 000	1 029 000
Cost of Goods Sold	63 000	188 000	291 000	352 000
Salary Costs	10 000	6 000	5 000	7 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	152 000	377 000	491 000	545 000
Operating Profit	−102 000	174 000	125 000	471 000
Financial Income	0	1 000	0	0
Financial Costs	6 000	6 000	5 000	6 000
Financial Balance	−6 000	−5 000	−5 000	−6 000
Dividends	0	0	0	0
Net Income	−107 000	131 000	112 000	466 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	14 000	14 000	14 000	14 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	24 000	24 000	24 000	24 000
Total Tangible Assets	38 000	38 000	38 000	38 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	38 000	38 000	38 000	38 000
Stock	138 000	178 000	135 000	208 000
Total Investments	0	0	0	0
Cash, Bank	15 000	96 000	326 000	467 000
Total Current Assets	198 000	358 000	611 000	825 000
Total Assets	237 000	397 000	649 000	863 000
Total Equity	141 000	248 000	518 000	706 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−1 000	49 000	41 000	40 000
Unpaid Taxes	0	45 000	64 000	95 000
Dividends	0	0	0	0
Other Current Debt	67 000	17 000	19 000	23 000
Total Current Debt	96 000	149 000	132 000	158 000
Total Equity and Debt	237 000	397 000	649 000	863 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−75,89 %	52,82 %	21,62 %	66,01 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−182,14 %	31,58 %	19,84 %	45,77 %
Current Ratio	2,06	2,4	4,63	5,22
Quick Ratio	−4,71	−12,34	−203,67	−16,5
Equity Ratio	0,59	0,62	0,8	0,82
Gross Profit Margin	−12,5 %	65,88 %	53,81 %	65,79 %