VATNESENTERET AS

6265 VATNE

Finances

Return on Equity

−4,37 %

Current Ratio

1,22

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 255 000	7 795 000	10 259 000	11 904 000
Net Income	−517 000	113 000	1 039 000	498 000
Total Assets	14 739 000	16 036 000	16 761 000	16 155 000
Total Equity	11 825 000	12 342 000	12 229 000	11 691 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 255 000	7 795 000	10 259 000	11 904 000
Expenditure	7 822 000	7 618 000	8 816 000	11 164 000
Operating Profit	−566 000	177 000	1 443 000	740 000
Financial Income	5 000	26 000	15 000	12 000
Financial Costs	101 000	59 000	127 000	114 000
Financial Balance	−96 000	−33 000	−112 000	−102 000
Earnings Before Tax	−663 000	145 000	1 332 000	639 000
Tax	−146 000	32 000	293 000	141 000
Net Income	−517 000	113 000	1 039 000	498 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 822 000	11 818 000	12 046 000	12 105 000
Total Current Assets	2 918 000	4 217 000	4 715 000	4 050 000
Total Assets	14 739 000	16 036 000	16 761 000	16 155 000
Total Retained Equity	10 291 000	10 808 000	10 695 000	10 156 000
Total Equity	11 825 000	12 342 000	12 229 000	11 691 000
Total Long-Term Debt	513 000	880 000	1 327 000	1 734 000
Total Current Debt	2 401 000	2 814 000	3 204 000	2 730 000
Total Equity and Debt	14 739 000	16 036 000	16 761 000	16 155 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 807 000	7 370 000	9 797 000	11 685 000
Other Income	448 000	425 000	463 000	219 000
Revenue	7 255 000	7 795 000	10 259 000	11 904 000
Cost of Goods Sold	2 352 000	2 254 000	3 029 000	5 404 000
Salary Costs	2 955 000	3 093 000	3 391 000	3 068 000
Depreciation	113 000	148 000	306 000	303 000
Impairment	0	0	0	0
Expenditure	7 822 000	7 618 000	8 816 000	11 164 000
Operating Profit	−566 000	177 000	1 443 000	740 000
Financial Income	5 000	26 000	15 000	12 000
Financial Costs	101 000	59 000	127 000	114 000
Financial Balance	−96 000	−33 000	−112 000	−102 000
Dividends	0	0	500 000	0
Net Income	−517 000	113 000	1 039 000	498 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	294 000	149 000	202 000	222 000
Real Eastate	4 800 000	4 840 000	4 894 000	5 025 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	128 000	200 000	273 000	126 000
Total Tangible Assets	4 928 000	5 040 000	5 167 000	5 151 000
Total Fiancial Fixed Assets	6 599 000	6 629 000	6 676 000	6 732 000
Total Fixed Assets	11 822 000	11 818 000	12 046 000	12 105 000
Stock	381 000	498 000	354 000	255 000
Total Investments	0	0	0	0
Cash, Bank	268 000	1 085 000	967 000	658 000
Total Current Assets	2 918 000	4 217 000	4 715 000	4 050 000
Total Assets	14 739 000	16 036 000	16 761 000	16 155 000
Total Equity	11 825 000	12 342 000	12 229 000	11 691 000
Short-Term Group Debt	1 097 000	1 355 000	1 044 000	1 003 000
Total Long-Term Debt	513 000	880 000	1 327 000	1 734 000
Creditors	446 000	614 000	346 000	788 000
Unpaid Taxes	299 000	474 000	648 000	559 000
Dividends	0	0	500 000	0
Other Current Debt	375 000	371 000	378 000	291 000
Total Current Debt	2 401 000	2 814 000	3 204 000	2 730 000
Total Equity and Debt	14 739 000	16 036 000	16 761 000	16 155 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,37 %	0,92 %	8,5 %	4,26 %
Debt-to-Equity Ratio	0,04	0,07	0,11	0,15
Operating Profit Margin	−7,8 %	2,27 %	14,07 %	6,22 %
Current Ratio	1,22	1,5	1,47	1,48
Quick Ratio	1,44	1,82	1,65	1,64
Equity Ratio	0,8	0,77	0,73	0,72
Gross Profit Margin	67,58 %	71,08 %	70,47 %	54,6 %