VINETUM GROUP AS

1366 LYSAKER

Finances

Return on Equity

22,5 %

Current Ratio

1,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	385 441 000	456 915 000	508 223 000	416 364 000
Net Income	12 099 000	19 577 000	17 504 000	9 044 000
Total Assets	152 515 000	166 085 000	186 117 000	148 263 000
Total Equity	53 774 000	47 333 000	36 998 000	22 976 000

Income (NOK)	2022	2021	2020	2019
Revenue	385 441 000	456 915 000	508 223 000	416 364 000
Expenditure	368 635 000	431 183 000	486 791 000	403 774 000
Operating Profit	16 806 000	25 731 000	21 432 000	12 591 000
Financial Income	1 356 000	1 200 000	4 086 000	649 000
Financial Costs	2 508 000	1 908 000	3 609 000	1 754 000
Financial Balance	−1 152 000	−708 000	477 000	−1 105 000
Earnings Before Tax	15 653 000	25 023 000	21 909 000	11 486 000
Tax	3 554 000	5 446 000	4 405 000	2 443 000
Net Income	12 099 000	19 577 000	17 504 000	9 044 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 663 000	12 704 000	10 924 000	9 886 000
Total Current Assets	139 852 000	153 381 000	175 193 000	138 377 000
Total Assets	152 515 000	166 085 000	186 117 000	148 263 000
Total Retained Equity	53 474 000	47 033 000	36 698 000	22 676 000
Total Equity	53 774 000	47 333 000	36 998 000	22 976 000
Total Long-Term Debt	6 000	4 133 000	5 233 000	5 785 000
Total Current Debt	98 736 000	114 620 000	143 886 000	119 501 000
Total Equity and Debt	152 515 000	166 085 000	186 117 000	148 263 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	384 123 000	454 629 000	504 770 000	416 003 000
Other Income	1 318 000	2 286 000	3 453 000	361 000
Revenue	385 441 000	456 915 000	508 223 000	416 364 000
Cost of Goods Sold	339 798 000	409 933 000	466 576 000	382 125 000
Salary Costs	16 444 000	13 308 000	11 921 000	11 651 000
Depreciation	441 000	481 000	541 000	486 000
Impairment	0	0	0	0
Expenditure	368 635 000	431 183 000	486 791 000	403 774 000
Operating Profit	16 806 000	25 731 000	21 432 000	12 591 000
Financial Income	1 356 000	1 200 000	4 086 000	649 000
Financial Costs	2 508 000	1 908 000	3 609 000	1 754 000
Financial Balance	−1 152 000	−708 000	477 000	−1 105 000
Dividends	7 000 000	8 362 000	4 000 000	5 000 000
Net Income	12 099 000	19 577 000	17 504 000	9 044 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	38 000	48 000	71 000	95 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 359 000	1 811 000	2 031 000	1 589 000
Total Tangible Assets	1 359 000	1 811 000	2 031 000	1 589 000
Total Fiancial Fixed Assets	11 266 000	10 845 000	8 822 000	8 201 000
Total Fixed Assets	12 663 000	12 704 000	10 924 000	9 886 000
Stock	53 058 000	42 520 000	47 011 000	39 843 000
Total Investments	0	0	0	0
Cash, Bank	20 481 000	33 711 000	38 012 000	27 383 000
Total Current Assets	139 852 000	153 381 000	175 193 000	138 377 000
Total Assets	152 515 000	166 085 000	186 117 000	148 263 000
Total Equity	53 774 000	47 333 000	36 998 000	22 976 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 000	4 133 000	5 233 000	5 785 000
Creditors	38 708 000	50 497 000	58 700 000	48 211 000
Unpaid Taxes	30 394 000	36 901 000	42 945 000	34 696 000
Dividends	7 000 000	8 362 000	4 000 000	5 000 000
Other Current Debt	5 822 000	5 185 000	10 956 000	6 838 000
Total Current Debt	98 736 000	114 620 000	143 886 000	119 501 000
Total Equity and Debt	152 515 000	166 085 000	186 117 000	148 263 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,5 %	41,36 %	47,31 %	39,36 %
Debt-to-Equity Ratio	0	0,09	0,14	0,25
Operating Profit Margin	4,36 %	5,63 %	4,22 %	3,02 %
Current Ratio	1,42	1,34	1,22	1,16
Quick Ratio	3,06	2,13	1,81	1,74
Equity Ratio	0,35	0,28	0,2	0,15
Gross Profit Margin	11,84 %	10,28 %	8,19 %	8,22 %