VATVEDT AS

1739 BORGENHAUGEN

Finances

Return on Equity

65,11 %

Current Ratio

1,02

Debt-to-Equity Ratio

0,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 491 000	2 054 000	63 694 000	140 183 000
Net Income	2 381 000	−738 000	−9 681 000	−83 107 000
Total Assets	6 355 000	33 692 000	77 078 000	91 422 000
Total Equity	3 657 000	1 275 000	12 600 000	−47 780 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 491 000	2 054 000	63 694 000	140 183 000
Expenditure	2 153 000	1 923 000	70 755 000	174 338 000
Operating Profit	3 338 000	130 000	−7 061 000	−34 154 000
Financial Income	2 000	0	113 000	119 000
Financial Costs	287 000	1 070 000	2 953 000	53 741 000
Financial Balance	−285 000	−1 070 000	−2 840 000	−53 622 000
Earnings Before Tax	3 053 000	−940 000	−9 901 000	−87 776 000
Tax	672 000	−201 000	−219 000	−4 670 000
Net Income	2 381 000	−738 000	−9 681 000	−83 107 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 901 000	32 940 000	48 834 000	53 633 000
Total Current Assets	1 454 000	752 000	28 243 000	37 789 000
Total Assets	6 355 000	33 692 000	77 078 000	91 422 000
Total Retained Equity	3 557 000	1 175 000	12 500 000	−47 880 000
Total Equity	3 657 000	1 275 000	12 600 000	−47 780 000
Total Long-Term Debt	1 268 000	28 405 000	26 484 000	27 219 000
Total Current Debt	1 430 000	4 011 000	37 994 000	111 983 000
Total Equity and Debt	6 355 000	33 692 000	77 078 000	91 422 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	63 299 000	140 183 000
Other Income	5 491 000	2 054 000	395 000	0
Revenue	5 491 000	2 054 000	63 694 000	140 183 000
Cost of Goods Sold	1 357 000	23 000	19 367 000	105 120 000
Salary Costs	0	0	31 334 000	50 900 000
Depreciation	149 000	1 053 000	5 245 000	4 746 000
Impairment	0	0	0	0
Expenditure	2 153 000	1 923 000	70 755 000	174 338 000
Operating Profit	3 338 000	130 000	−7 061 000	−34 154 000
Financial Income	2 000	0	113 000	119 000
Financial Costs	287 000	1 070 000	2 953 000	53 741 000
Financial Balance	−285 000	−1 070 000	−2 840 000	−53 622 000
Dividends	0	0	0	0
Net Income	2 381 000	−738 000	−9 681 000	−83 107 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	4 067 000	6 800 000
Real Eastate	0	30 610 000	31 503 000	32 396 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	880 000	13 265 000	14 437 000
Total Tangible Assets	0	31 490 000	44 767 000	46 833 000
Total Fiancial Fixed Assets	4 901 000	1 450 000	0	0
Total Fixed Assets	4 901 000	32 940 000	48 834 000	53 633 000
Stock	0	0	1 617 000	2 053 000
Total Investments	0	0	0	0
Cash, Bank	222 000	0	1 872 000	3 421 000
Total Current Assets	1 454 000	752 000	28 243 000	37 789 000
Total Assets	6 355 000	33 692 000	77 078 000	91 422 000
Total Equity	3 657 000	1 275 000	12 600 000	−47 780 000
Short-Term Group Debt	529 000	3 396 000	0	0
Total Long-Term Debt	1 268 000	28 405 000	26 484 000	27 219 000
Creditors	745 000	331 000	5 010 000	30 154 000
Unpaid Taxes	127 000	72 000	3 143 000	9 273 000
Dividends	0	0	0	0
Other Current Debt	29 000	213 000	13 527 000	62 292 000
Total Current Debt	1 430 000	4 011 000	37 994 000	111 983 000
Total Equity and Debt	6 355 000	33 692 000	77 078 000	91 422 000

Financial indicators	2022	2021	2020	2019
Return on Equity	65,11 %	−57,88 %	−76,83 %	173,94 %
Debt-to-Equity Ratio	0,35	22,28	2,1	−0,57
Operating Profit Margin	60,79 %	6,33 %	−11,09 %	−24,36 %
Current Ratio	1,02	0,19	0,74	0,34
Quick Ratio	1,02	0,19	0,78	0,34
Equity Ratio	0,58	0,04	0,16	−0,52
Gross Profit Margin	75,29 %	98,88 %	69,59 %	25,01 %