VAZELINA BILOPPHUGGERI AS

2827 HUNNDALEN

Finances

Return on Equity

15,9 %

Current Ratio

9,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 785 000	9 711 000	9 237 000	8 209 000
Net Income	2 127 000	1 859 000	1 837 000	1 423 000
Total Assets	14 450 000	12 481 000	10 542 000	8 175 000
Total Equity	13 376 000	11 249 000	9 390 000	7 553 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 785 000	9 711 000	9 237 000	8 209 000
Expenditure	9 054 000	7 317 000	6 881 000	6 383 000
Operating Profit	2 730 000	2 393 000	2 357 000	1 826 000
Financial Income	0	0	2 000	2 000
Financial Costs	2 000	8 000	3 000	3 000
Financial Balance	−2 000	−8 000	−1 000	−1 000
Earnings Before Tax	2 728 000	2 385 000	2 356 000	1 825 000
Tax	601 000	526 000	519 000	402 000
Net Income	2 127 000	1 859 000	1 837 000	1 423 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 740 000	3 924 000	3 275 000	3 403 000
Total Current Assets	10 709 000	8 557 000	7 267 000	4 772 000
Total Assets	14 450 000	12 481 000	10 542 000	8 175 000
Total Retained Equity	12 776 000	10 649 000	8 790 000	6 953 000
Total Equity	13 376 000	11 249 000	9 390 000	7 553 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 074 000	1 232 000	1 152 000	621 000
Total Equity and Debt	14 450 000	12 481 000	10 542 000	8 175 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 778 000	9 591 000	9 237 000	8 209 000
Other Income	6 000	119 000	0	0
Revenue	11 785 000	9 711 000	9 237 000	8 209 000
Cost of Goods Sold	3 439 000	1 713 000	2 328 000	2 988 000
Salary Costs	2 525 000	2 855 000	1 950 000	1 708 000
Depreciation	530 000	484 000	412 000	395 000
Impairment	0	0	0	0
Expenditure	9 054 000	7 317 000	6 881 000	6 383 000
Operating Profit	2 730 000	2 393 000	2 357 000	1 826 000
Financial Income	0	0	2 000	2 000
Financial Costs	2 000	8 000	3 000	3 000
Financial Balance	−2 000	−8 000	−1 000	−1 000
Dividends	0	0	0	0
Net Income	2 127 000	1 859 000	1 837 000	1 423 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	115 000	90 000	53 000	10 000
Real Eastate	2 150 000	2 185 000	2 206 000	2 018 000
Machinery and Plant Facilities	267 000	387 000	84 000	128 000
Fixtures	1 198 000	1 251 000	921 000	1 187 000
Total Tangible Assets	3 614 000	3 823 000	3 211 000	3 333 000
Total Fiancial Fixed Assets	11 000	11 000	11 000	59 000
Total Fixed Assets	3 740 000	3 924 000	3 275 000	3 403 000
Stock	289 000	299 000	301 000	301 000
Total Investments	0	0	0	0
Cash, Bank	10 074 000	7 792 000	6 258 000	4 408 000
Total Current Assets	10 709 000	8 557 000	7 267 000	4 772 000
Total Assets	14 450 000	12 481 000	10 542 000	8 175 000
Total Equity	13 376 000	11 249 000	9 390 000	7 553 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−29 000	52 000	39 000	1 000
Unpaid Taxes	248 000	360 000	316 000	134 000
Dividends	0	0	0	0
Other Current Debt	229 000	257 000	235 000	128 000
Total Current Debt	1 074 000	1 232 000	1 152 000	621 000
Total Equity and Debt	14 450 000	12 481 000	10 542 000	8 175 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,9 %	16,53 %	19,56 %	18,84 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	23,17 %	24,64 %	25,52 %	22,24 %
Current Ratio	9,97	6,95	6,31	7,68
Quick Ratio	13,64	9,17	8,54	14,91
Equity Ratio	0,93	0,9	0,89	0,92
Gross Profit Margin	70,82 %	82,36 %	74,8 %	63,6 %