VÆRÅS BRØNNBORING AS

3370 VIKERSUND

Finances

Share Ownership

Return on Equity

9,88 %

Current Ratio

1,9

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	42 894 000	36 216 000	31 188 000	27 620 000
Net Income	3 879 000	3 850 000	3 926 000	2 099 000
Total Assets	57 839 000	46 584 000	42 780 000	39 280 000
Total Equity	39 274 000	35 395 000	38 045 000	34 119 000

Income (NOK)	2022	2021	2020	2019
Revenue	42 894 000	36 216 000	31 188 000	27 620 000
Expenditure	38 026 000	31 358 000	26 280 000	25 111 000
Operating Profit	4 866 000	4 857 000	4 908 000	2 508 000
Financial Income	113 000	83 000	129 000	188 000
Financial Costs	6 000	4 000	3 000	5 000
Financial Balance	107 000	79 000	126 000	183 000
Earnings Before Tax	4 973 000	4 936 000	5 033 000	2 691 000
Tax	1 094 000	1 086 000	1 108 000	593 000
Net Income	3 879 000	3 850 000	3 926 000	2 099 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 946 000	17 272 000	17 317 000	13 088 000
Total Current Assets	34 893 000	29 312 000	25 463 000	26 192 000
Total Assets	57 839 000	46 584 000	42 780 000	39 280 000
Total Retained Equity	39 174 000	35 295 000	37 945 000	34 019 000
Total Equity	39 274 000	35 395 000	38 045 000	34 119 000
Total Long-Term Debt	184 000	0	0	0
Total Current Debt	18 381 000	11 189 000	4 735 000	5 161 000
Total Equity and Debt	57 839 000	46 584 000	42 780 000	39 280 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	42 894 000	33 991 000	28 421 000	27 579 000
Other Income	0	2 225 000	2 767 000	41 000
Revenue	42 894 000	36 216 000	31 188 000	27 620 000
Cost of Goods Sold	11 727 000	10 130 000	6 851 000	7 184 000
Salary Costs	9 824 000	7 912 000	7 776 000	6 812 000
Depreciation	5 563 000	5 111 000	4 387 000	3 337 000
Impairment	0	0	0	0
Expenditure	38 026 000	31 358 000	26 280 000	25 111 000
Operating Profit	4 866 000	4 857 000	4 908 000	2 508 000
Financial Income	113 000	83 000	129 000	188 000
Financial Costs	6 000	4 000	3 000	5 000
Financial Balance	107 000	79 000	126 000	183 000
Dividends	0	0	0	0
Net Income	3 879 000	3 850 000	3 926 000	2 099 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	20 000	303 000	776 000
Real Eastate	1 279 000	1 292 000	1 354 000	578 000
Machinery and Plant Facilities	1 886 000	2 627 000	3 654 000	3 175 000
Fixtures	19 781 000	13 333 000	12 006 000	8 559 000
Total Tangible Assets	22 946 000	17 252 000	17 014 000	12 312 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	22 946 000	17 272 000	17 317 000	13 088 000
Stock	3 079 000	2 600 000	605 000	605 000
Total Investments	0	0	0	0
Cash, Bank	22 903 000	20 618 000	18 319 000	18 533 000
Total Current Assets	34 893 000	29 312 000	25 463 000	26 192 000
Total Assets	57 839 000	46 584 000	42 780 000	39 280 000
Total Equity	39 274 000	35 395 000	38 045 000	34 119 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	184 000	0	0	0
Creditors	9 470 000	2 152 000	1 701 000	2 398 000
Unpaid Taxes	419 000	645 000	1 387 000	1 350 000
Dividends	0	0	0	0
Other Current Debt	7 601 000	7 589 000	1 012 000	801 000
Total Current Debt	18 381 000	11 189 000	4 735 000	5 161 000
Total Equity and Debt	57 839 000	46 584 000	42 780 000	39 280 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,88 %	10,88 %	10,32 %	6,15 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,34 %	13,41 %	15,74 %	9,08 %
Current Ratio	1,9	2,62	5,38	5,07
Quick Ratio	2,28	3,41	6,17	5,75
Equity Ratio	0,68	0,76	0,89	0,87
Gross Profit Margin	72,66 %	72,03 %	78,03 %	73,99 %