VETPHARMA AS

1395 HVALSTAD

Finances

Return on Equity

43,02 %

Current Ratio

1,95

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 730 000	19 908 000	10 963 000	8 820 000
Net Income	8 981 000	4 860 000	2 096 000	2 253 000
Total Assets	31 272 000	24 855 000	22 506 000	22 205 000
Total Equity	20 876 000	18 345 000	17 985 000	17 989 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 730 000	19 908 000	10 963 000	8 820 000
Expenditure	16 168 000	13 960 000	8 113 000	5 935 000
Operating Profit	4 563 000	5 948 000	2 849 000	2 885 000
Financial Income	6 351 000	1 444 000	186 000	49 000
Financial Costs	1 050 000	1 226 000	386 000	45 000
Financial Balance	5 301 000	218 000	−200 000	4 000
Earnings Before Tax	9 864 000	6 166 000	2 649 000	2 889 000
Tax	883 000	1 306 000	553 000	636 000
Net Income	8 981 000	4 860 000	2 096 000	2 253 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 986 000	13 453 000	14 061 000	12 753 000
Total Current Assets	20 286 000	11 402 000	8 445 000	9 451 000
Total Assets	31 272 000	24 855 000	22 506 000	22 205 000
Total Retained Equity	16 726 000	14 195 000	13 835 000	13 839 000
Total Equity	20 876 000	18 345 000	17 985 000	17 989 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	10 396 000	6 511 000	4 521 000	4 216 000
Total Equity and Debt	31 272 000	24 855 000	22 506 000	22 205 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 730 000	19 908 000	10 963 000	8 820 000
Other Income	0	0	0	0
Revenue	20 730 000	19 908 000	10 963 000	8 820 000
Cost of Goods Sold	12 667 000	12 223 000	6 754 000	4 931 000
Salary Costs	1 121 000	128 000	0	0
Depreciation	260 000	236 000	0	0
Impairment	0	0	0	0
Expenditure	16 168 000	13 960 000	8 113 000	5 935 000
Operating Profit	4 563 000	5 948 000	2 849 000	2 885 000
Financial Income	6 351 000	1 444 000	186 000	49 000
Financial Costs	1 050 000	1 226 000	386 000	45 000
Financial Balance	5 301 000	218 000	−200 000	4 000
Dividends	6 450 000	4 500 000	2 100 000	2 100 000
Net Income	8 981 000	4 860 000	2 096 000	2 253 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 076 000	2 336 000	1 312 000	4 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	8 909 000	11 118 000	12 749 000	12 749 000
Total Fixed Assets	10 986 000	13 453 000	14 061 000	12 753 000
Stock	4 946 000	2 885 000	4 631 000	2 329 000
Total Investments	2 318 000	1 990 000	0	1 009 000
Cash, Bank	8 468 000	4 610 000	1 458 000	4 740 000
Total Current Assets	20 286 000	11 402 000	8 445 000	9 451 000
Total Assets	31 272 000	24 855 000	22 506 000	22 205 000
Total Equity	20 876 000	18 345 000	17 985 000	17 989 000
Short-Term Group Debt	0	0	0	980 000
Total Long-Term Debt	0	0	0	0
Creditors	2 269 000	97 000	1 374 000	214 000
Unpaid Taxes	674 000	526 000	463 000	242 000
Dividends	6 450 000	4 500 000	2 100 000	2 100 000
Other Current Debt	121 000	4 584 000	31 000	47 000
Total Current Debt	10 396 000	6 511 000	4 521 000	4 216 000
Total Equity and Debt	31 272 000	24 855 000	22 506 000	22 205 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,02 %	26,49 %	11,65 %	12,52 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	22,01 %	29,88 %	25,99 %	32,71 %
Current Ratio	1,95	1,75	1,87	2,24
Quick Ratio	3,72	3,14	−76,77	5,01
Equity Ratio	0,67	0,74	0,8	0,81
Gross Profit Margin	38,9 %	38,6 %	38,39 %	44,09 %