VÆRØY AUTO AS

8063 VÆRØY

Finances

Share Ownership

Return on Equity

18,58 %

Current Ratio

1,24

Debt-to-Equity Ratio

1,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 073 000	1 017 000	1 001 000	846 000
Net Income	21 000	7 000	9 000	5 000
Total Assets	469 000	459 000	509 000	608 000
Total Equity	113 000	84 000	78 000	69 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 073 000	1 017 000	1 001 000	846 000
Expenditure	1 030 000	995 000	983 000	803 000
Operating Profit	43 000	22 000	18 000	42 000
Financial Income	0	0	0	0
Financial Costs	16 000	14 000	7 000	35 000
Financial Balance	−16 000	−14 000	−7 000	−35 000
Earnings Before Tax	27 000	8 000	12 000	7 000
Tax	6 000	2 000	3 000	2 000
Net Income	21 000	7 000	9 000	5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	187 000	162 000	129 000	170 000
Total Current Assets	282 000	297 000	380 000	437 000
Total Assets	469 000	459 000	509 000	608 000
Total Retained Equity	12 000	−17 000	−23 000	−32 000
Total Equity	113 000	84 000	78 000	69 000
Total Long-Term Debt	128 000	143 000	24 000	148 000
Total Current Debt	228 000	233 000	407 000	391 000
Total Equity and Debt	469 000	459 000	509 000	608 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 046 000	888 000	956 000	798 000
Other Income	27 000	128 000	45 000	48 000
Revenue	1 073 000	1 017 000	1 001 000	846 000
Cost of Goods Sold	411 000	341 000	423 000	283 000
Salary Costs	282 000	165 000	208 000	285 000
Depreciation	18 000	19 000	38 000	44 000
Impairment	0	0	0	0
Expenditure	1 030 000	995 000	983 000	803 000
Operating Profit	43 000	22 000	18 000	42 000
Financial Income	0	0	0	0
Financial Costs	16 000	14 000	7 000	35 000
Financial Balance	−16 000	−14 000	−7 000	−35 000
Dividends	0	0	0	0
Net Income	21 000	7 000	9 000	5 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	65 000	71 000	73 000	76 000
Real Eastate	50 000	50 000	56 000	63 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	72 000	41 000	0	31 000
Total Tangible Assets	121 000	91 000	56 000	94 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	187 000	162 000	129 000	170 000
Stock	182 000	193 000	204 000	253 000
Total Investments	0	0	0	0
Cash, Bank	21 000	44 000	5 000	26 000
Total Current Assets	282 000	297 000	380 000	437 000
Total Assets	469 000	459 000	509 000	608 000
Total Equity	113 000	84 000	78 000	69 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	128 000	143 000	24 000	148 000
Creditors	52 000	38 000	102 000	140 000
Unpaid Taxes	19 000	34 000	29 000	30 000
Dividends	0	0	0	0
Other Current Debt	158 000	160 000	276 000	220 000
Total Current Debt	228 000	233 000	407 000	391 000
Total Equity and Debt	469 000	459 000	509 000	608 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,58 %	8,33 %	11,54 %	7,25 %
Debt-to-Equity Ratio	1,13	1,7	0,31	2,14
Operating Profit Margin	4,01 %	2,16 %	1,8 %	4,96 %
Current Ratio	1,24	1,27	0,93	1,12
Quick Ratio	6,13	7,43	1,87	3,17
Equity Ratio	0,24	0,18	0,15	0,11
Gross Profit Margin	61,7 %	66,47 %	57,74 %	66,55 %