VEBENSTAD ELEKTRO AS

5750 ODDA

Finances

Return on Equity

43,2 %

Current Ratio

1,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 060 000	12 221 000	11 362 000	10 045 000
Net Income	1 698 000	2 029 000	1 465 000	286 000
Total Assets	7 779 000	8 650 000	7 167 000	5 038 000
Total Equity	3 931 000	2 232 000	4 404 000	2 938 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 060 000	12 221 000	11 362 000	10 045 000
Expenditure	11 897 000	10 001 000	9 784 000	9 820 000
Operating Profit	2 164 000	2 221 000	1 577 000	226 000
Financial Income	15 000	305 000	225 000	147 000
Financial Costs	1 000	6 000	5 000	6 000
Financial Balance	14 000	299 000	220 000	141 000
Earnings Before Tax	2 178 000	2 519 000	1 797 000	367 000
Tax	479 000	490 000	331 000	81 000
Net Income	1 698 000	2 029 000	1 465 000	286 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 511 000	1 488 000	1 295 000	1 324 000
Total Current Assets	6 268 000	7 162 000	5 872 000	3 714 000
Total Assets	7 779 000	8 650 000	7 167 000	5 038 000
Total Retained Equity	3 781 000	2 082 000	4 254 000	2 788 000
Total Equity	3 931 000	2 232 000	4 404 000	2 938 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 848 000	6 418 000	2 764 000	2 100 000
Total Equity and Debt	7 779 000	8 650 000	7 167 000	5 038 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 060 000	12 172 000	11 362 000	10 031 000
Other Income	0	49 000	0	13 000
Revenue	14 060 000	12 221 000	11 362 000	10 045 000
Cost of Goods Sold	4 651 000	3 344 000	3 949 000	3 123 000
Salary Costs	5 731 000	5 317 000	4 647 000	5 205 000
Depreciation	74 000	17 000	28 000	25 000
Impairment	0	0	0	0
Expenditure	11 897 000	10 001 000	9 784 000	9 820 000
Operating Profit	2 164 000	2 221 000	1 577 000	226 000
Financial Income	15 000	305 000	225 000	147 000
Financial Costs	1 000	6 000	5 000	6 000
Financial Balance	14 000	299 000	220 000	141 000
Dividends	0	0	0	0
Net Income	1 698 000	2 029 000	1 465 000	286 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	61 000	58 000	69 000	69 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	199 000	238 000	34 000	62 000
Total Tangible Assets	199 000	238 000	34 000	62 000
Total Fiancial Fixed Assets	1 251 000	1 193 000	1 193 000	1 193 000
Total Fixed Assets	1 511 000	1 488 000	1 295 000	1 324 000
Stock	562 000	462 000	396 000	525 000
Total Investments	0	0	0	0
Cash, Bank	2 814 000	3 494 000	1 278 000	1 448 000
Total Current Assets	6 268 000	7 162 000	5 872 000	3 714 000
Total Assets	7 779 000	8 650 000	7 167 000	5 038 000
Total Equity	3 931 000	2 232 000	4 404 000	2 938 000
Short-Term Group Debt	0	3 900 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	461 000	387 000	520 000	245 000
Unpaid Taxes	1 100 000	1 021 000	1 365 000	861 000
Dividends	0	0	0	0
Other Current Debt	1 803 000	631 000	548 000	915 000
Total Current Debt	3 848 000	6 418 000	2 764 000	2 100 000
Total Equity and Debt	7 779 000	8 650 000	7 167 000	5 038 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,2 %	90,91 %	33,27 %	9,73 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15,39 %	18,17 %	13,88 %	2,25 %
Current Ratio	1,63	1,12	2,12	1,77
Quick Ratio	1,91	1,2	2,48	2,36
Equity Ratio	0,51	0,26	0,61	0,58
Gross Profit Margin	66,92 %	72,64 %	65,24 %	68,91 %