VINDEX AS

6444 FARSTAD

Finances

Return on Equity

−2,59 %

Current Ratio

1,77

Debt-to-Equity Ratio

0,99

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 614 000	18 087 000	18 559 000	16 337 000
Net Income	−70 000	684 000	1 064 000	434 000
Total Assets	8 778 000	8 929 000	7 790 000	6 372 000
Total Equity	2 698 000	2 768 000	2 084 000	1 020 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 614 000	18 087 000	18 559 000	16 337 000
Expenditure	17 478 000	19 386 000	17 315 000	15 342 000
Operating Profit	446 000	1 175 000	1 564 000	737 000
Financial Income	2 000	10 000	6 000	42 000
Financial Costs	536 000	305 000	198 000	221 000
Financial Balance	−534 000	−295 000	−192 000	−179 000
Earnings Before Tax	−88 000	879 000	1 372 000	558 000
Tax	−18 000	195 000	308 000	124 000
Net Income	−70 000	684 000	1 064 000	434 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 732 000	2 852 000	2 648 000	2 723 000
Total Current Assets	6 046 000	6 077 000	5 143 000	3 649 000
Total Assets	8 778 000	8 929 000	7 790 000	6 372 000
Total Retained Equity	2 350 000	2 419 000	1 735 000	671 000
Total Equity	2 698 000	2 768 000	2 084 000	1 020 000
Total Long-Term Debt	2 661 000	3 007 000	3 017 000	3 626 000
Total Current Debt	3 419 000	3 155 000	2 690 000	1 726 000
Total Equity and Debt	8 778 000	8 929 000	7 790 000	6 372 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 814 000	18 077 000	18 535 000	16 320 000
Other Income	800 000	11 000	24 000	18 000
Revenue	17 614 000	18 087 000	18 559 000	16 337 000
Cost of Goods Sold	7 104 000	8 584 000	7 453 000	6 095 000
Salary Costs	5 947 000	5 857 000	5 326 000	5 534 000
Depreciation	180 000	182 000	172 000	157 000
Impairment	0	0	0	0
Expenditure	17 478 000	19 386 000	17 315 000	15 342 000
Operating Profit	446 000	1 175 000	1 564 000	737 000
Financial Income	2 000	10 000	6 000	42 000
Financial Costs	536 000	305 000	198 000	221 000
Financial Balance	−534 000	−295 000	−192 000	−179 000
Dividends	0	0	0	0
Net Income	−70 000	684 000	1 064 000	434 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	70 000	52 000	40 000	57 000
Real Eastate	2 325 000	2 337 000	2 421 000	2 511 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	290 000	391 000	152 000	155 000
Total Tangible Assets	2 615 000	2 728 000	2 573 000	2 666 000
Total Fiancial Fixed Assets	47 000	73 000	35 000	0
Total Fixed Assets	2 732 000	2 852 000	2 648 000	2 723 000
Stock	5 142 000	4 833 000	2 359 000	2 040 000
Total Investments	0	0	0	0
Cash, Bank	137 000	179 000	414 000	729 000
Total Current Assets	6 046 000	6 077 000	5 143 000	3 649 000
Total Assets	8 778 000	8 929 000	7 790 000	6 372 000
Total Equity	2 698 000	2 768 000	2 084 000	1 020 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 661 000	3 007 000	3 017 000	3 626 000
Creditors	431 000	466 000	343 000	172 000
Unpaid Taxes	533 000	398 000	811 000	538 000
Dividends	0	0	0	0
Other Current Debt	733 000	876 000	637 000	692 000
Total Current Debt	3 419 000	3 155 000	2 690 000	1 726 000
Total Equity and Debt	8 778 000	8 929 000	7 790 000	6 372 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,59 %	24,71 %	51,06 %	42,55 %
Debt-to-Equity Ratio	0,99	1,09	1,45	3,55
Operating Profit Margin	2,53 %	6,5 %	8,43 %	4,51 %
Current Ratio	1,77	1,93	1,91	2,11
Quick Ratio	−3,51	−3,62	15,54	−11,62
Equity Ratio	0,31	0,31	0,27	0,16
Gross Profit Margin	59,67 %	52,54 %	59,84 %	62,69 %