VEGSUND KJØKKEN OG INTERIØR AS

6020 ÅLESUND

Finances

Share Ownership

Return on Equity

7 %

Current Ratio

1,88

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 254 000	23 357 000	18 405 000	11 738 000
Net Income	159 000	906 000	154 000	99 000
Total Assets	4 545 000	7 670 000	3 873 000	3 925 000
Total Equity	2 270 000	2 111 000	1 205 000	1 051 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 254 000	23 357 000	18 405 000	11 738 000
Expenditure	22 011 000	22 151 000	18 084 000	11 567 000
Operating Profit	243 000	1 206 000	321 000	171 000
Financial Income	1 000	9 000	101 000	0
Financial Costs	25 000	25 000	222 000	51 000
Financial Balance	−24 000	−16 000	−121 000	−51 000
Earnings Before Tax	219 000	1 190 000	200 000	120 000
Tax	60 000	284 000	46 000	22 000
Net Income	159 000	906 000	154 000	99 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	666 000	549 000	134 000	152 000
Total Current Assets	3 879 000	7 122 000	3 739 000	3 773 000
Total Assets	4 545 000	7 670 000	3 873 000	3 925 000
Total Retained Equity	2 017 000	1 858 000	952 000	798 000
Total Equity	2 270 000	2 111 000	1 205 000	1 051 000
Total Long-Term Debt	210 000	310 000	407 000	479 000
Total Current Debt	2 066 000	5 249 000	2 261 000	2 396 000
Total Equity and Debt	4 545 000	7 670 000	3 873 000	3 925 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 254 000	23 357 000	18 405 000	11 738 000
Other Income	0	0	0	0
Revenue	22 254 000	23 357 000	18 405 000	11 738 000
Cost of Goods Sold	18 292 000	17 966 000	15 255 000	9 350 000
Salary Costs	2 380 000	3 145 000	2 032 000	1 456 000
Depreciation	205 000	62 000	39 000	17 000
Impairment	0	0	0	0
Expenditure	22 011 000	22 151 000	18 084 000	11 567 000
Operating Profit	243 000	1 206 000	321 000	171 000
Financial Income	1 000	9 000	101 000	0
Financial Costs	25 000	25 000	222 000	51 000
Financial Balance	−24 000	−16 000	−121 000	−51 000
Dividends	0	0	0	0
Net Income	159 000	906 000	154 000	99 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	666 000	549 000	134 000	152 000
Total Tangible Assets	666 000	549 000	134 000	152 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	666 000	549 000	134 000	152 000
Stock	1 145 000	850 000	1 335 000	1 253 000
Total Investments	0	0	0	0
Cash, Bank	739 000	4 509 000	2 080 000	1 806 000
Total Current Assets	3 879 000	7 122 000	3 739 000	3 773 000
Total Assets	4 545 000	7 670 000	3 873 000	3 925 000
Total Equity	2 270 000	2 111 000	1 205 000	1 051 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	210 000	310 000	407 000	479 000
Creditors	1 314 000	2 442 000	1 030 000	1 616 000
Unpaid Taxes	232 000	877 000	383 000	222 000
Dividends	0	0	0	0
Other Current Debt	460 000	1 646 000	802 000	536 000
Total Current Debt	2 066 000	5 249 000	2 261 000	2 396 000
Total Equity and Debt	4 545 000	7 670 000	3 873 000	3 925 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7 %	42,92 %	12,78 %	9,42 %
Debt-to-Equity Ratio	0,09	0,15	0,34	0,46
Operating Profit Margin	1,09 %	5,16 %	1,74 %	1,46 %
Current Ratio	1,88	1,36	1,65	1,57
Quick Ratio	4,21	1,62	4,04	3,3
Equity Ratio	0,5	0,28	0,31	0,27
Gross Profit Margin	17,8 %	23,08 %	17,11 %	20,34 %