VULKEN MARITIM AS

4029 STAVANGER

Finances

Share Ownership

Return on Equity

361,02 %

Current Ratio

1,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	33 033 000	27 375 000	27 644 000	25 692 000
Net Income	5 668 000	4 506 000	4 523 000	4 282 000
Total Assets	11 469 000	9 850 000	9 407 000	10 575 000
Total Equity	1 570 000	1 502 000	1 496 000	1 473 000

Income (NOK)	2022	2021	2020	2019
Revenue	33 033 000	27 375 000	27 644 000	25 692 000
Expenditure	25 754 000	21 601 000	21 882 000	20 279 000
Operating Profit	7 279 000	5 774 000	5 761 000	5 413 000
Financial Income	12 000	6 000	45 000	81 000
Financial Costs	20 000	3 000	6 000	3 000
Financial Balance	−8 000	3 000	39 000	78 000
Earnings Before Tax	7 271 000	5 778 000	5 800 000	5 492 000
Tax	1 603 000	1 272 000	1 277 000	1 210 000
Net Income	5 668 000	4 506 000	4 523 000	4 282 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	787 000	618 000	412 000	193 000
Total Current Assets	10 682 000	9 232 000	8 995 000	10 382 000
Total Assets	11 469 000	9 850 000	9 407 000	10 575 000
Total Retained Equity	1 470 000	1 402 000	1 396 000	1 373 000
Total Equity	1 570 000	1 502 000	1 496 000	1 473 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	9 899 000	8 348 000	7 911 000	9 102 000
Total Equity and Debt	11 469 000	9 850 000	9 407 000	10 575 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	33 033 000	27 375 000	27 644 000	25 692 000
Other Income	0	0	0	0
Revenue	33 033 000	27 375 000	27 644 000	25 692 000
Cost of Goods Sold	10 821 000	9 362 000	10 805 000	8 862 000
Salary Costs	9 704 000	7 668 000	6 903 000	7 240 000
Depreciation	134 000	73 000	64 000	43 000
Impairment	0	0	0	0
Expenditure	25 754 000	21 601 000	21 882 000	20 279 000
Operating Profit	7 279 000	5 774 000	5 761 000	5 413 000
Financial Income	12 000	6 000	45 000	81 000
Financial Costs	20 000	3 000	6 000	3 000
Financial Balance	−8 000	3 000	39 000	78 000
Dividends	5 600 000	4 500 000	4 500 000	4 200 000
Net Income	5 668 000	4 506 000	4 523 000	4 282 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	104 000	119 000	141 000	158 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	509 000	429 000	222 000	31 000
Fixtures	173 000	71 000	49 000	4 000
Total Tangible Assets	682 000	500 000	271 000	35 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	787 000	618 000	412 000	193 000
Stock	276 000	138 000	209 000	128 000
Total Investments	0	0	0	0
Cash, Bank	4 342 000	6 008 000	7 574 000	7 937 000
Total Current Assets	10 682 000	9 232 000	8 995 000	10 382 000
Total Assets	11 469 000	9 850 000	9 407 000	10 575 000
Total Equity	1 570 000	1 502 000	1 496 000	1 473 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 076 000	1 172 000	987 000	745 000
Unpaid Taxes	486 000	539 000	435 000	489 000
Dividends	5 600 000	4 500 000	4 500 000	4 200 000
Other Current Debt	1 148 000	888 000	729 000	784 000
Total Current Debt	9 899 000	8 348 000	7 911 000	9 102 000
Total Equity and Debt	11 469 000	9 850 000	9 407 000	10 575 000

Financial indicators	2022	2021	2020	2019
Return on Equity	361,02 %	300 %	302,34 %	290,7 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	22,04 %	21,09 %	20,84 %	21,07 %
Current Ratio	1,08	1,11	1,14	1,14
Quick Ratio	1,11	1,12	1,17	1,16
Equity Ratio	0,14	0,15	0,16	0,14
Gross Profit Margin	67,24 %	65,8 %	60,91 %	65,51 %