VOSS SPAREBANK

5700 VOSS

Finances

Return on Equity

7,29 %

Current Ratio

1,15

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	130 877 000	99 562 000	102 383 000	115 493 000
Net Income	72 117 000	59 638 000	37 166 000	49 119 000
Total Assets	5 708 246 000	5 344 766 000	5 122 691 000	4 802 740 000
Total Equity	989 715 000	922 598 000	867 961 000	762 135 000

Income (NOK)	2022	2021	2020	2019
Revenue	130 877 000	99 562 000	102 383 000	115 493 000
Expenditure	54 119 000	50 180 000	50 102 000	49 152 000
Operating Profit	85 985 000	57 894 000	52 281 000	66 341 000
Financial Income	0	0	0	0
Financial Costs	8 904 000	−607 000	2 759 000	820 000
Financial Balance	−8 904 000	607 000	−2 759 000	−820 000
Earnings Before Tax	77 081 000	58 501 000	49 522 000	65 521 000
Tax	−17 997 000	−12 074 000	12 356 000	16 402 000
Net Income	72 117 000	59 638 000	37 166 000	49 119 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	253 326 000	218 923 000	175 628 000	108 899 000
Total Current Assets	5 366 690 000	5 035 958 000	4 947 063 000	4 693 841 000
Total Assets	5 708 246 000	5 344 766 000	5 122 691 000	4 802 740 000
Total Retained Equity	989 715 000	922 598 000	867 961 000	762 135 000
Total Equity	989 715 000	922 598 000	867 961 000	762 135 000
Total Long-Term Debt	21 194 000	15 460 000	1 147 000	1 096 000
Total Current Debt	4 656 231 000	4 364 304 000	4 253 583 000	4 039 509 000
Total Equity and Debt	5 708 246 000	5 344 766 000	76 000 000	50 000 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	130 877 000	99 562 000	102 383 000	115 493 000
Cost of Goods Sold	0	0	0	0
Salary Costs	24 493 000	23 533 000	22 912 000	23 616 000
Depreciation	3 062 000	3 142 000	131 000	345 000
Impairment	0	0	0	0
Expenditure	54 119 000	50 180 000	50 102 000	49 152 000
Operating Profit	85 985 000	57 894 000	52 281 000	66 341 000
Financial Income	0	0	0	0
Financial Costs	8 904 000	−607 000	2 759 000	820 000
Financial Balance	−8 904 000	607 000	−2 759 000	−820 000
Dividends	0	0	0	0
Net Income	72 117 000	59 638 000	37 166 000	49 119 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	350 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	80 000	211 000
Total Tangible Assets	27 457 000	29 863 000	2 369 000	211 000
Total Fiancial Fixed Assets	225 869 000	189 060 000	173 259 000	108 338 000
Total Fixed Assets	253 326 000	218 923 000	175 628 000	108 899 000
Stock	0	0	0	0
Total Investments	695 189 000	381 964 000	227 392 000	134 779 000
Cash, Bank	0	0	0	0
Total Current Assets	5 366 690 000	5 035 958 000	4 947 063 000	4 693 841 000
Total Assets	5 708 246 000	5 344 766 000	5 122 691 000	4 802 740 000
Total Equity	989 715 000	922 598 000	867 961 000	762 135 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	21 194 000	15 460 000	1 147 000	1 096 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	4 695 433 000	4 406 048 000	4 252 899 000	3 938 484 000
Total Current Debt	4 656 231 000	4 364 304 000	4 253 583 000	4 039 509 000
Total Equity and Debt	5 708 246 000	5 344 766 000	76 000 000	50 000 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,29 %	6,46 %	4,28 %	6,44 %
Debt-to-Equity Ratio	0,02	0,02	0	0
Operating Profit Margin	65,7 %	58,15 %	51,06 %	57,44 %
Current Ratio	1,15	1,15	1,16	1,16
Quick Ratio	1,15	1,15	1,16	1,16
Equity Ratio	0,17	0,17	0,17	0,16
Gross Profit Margin	100 %	100 %	100 %	100 %