VIDAR ANDREASSEN AS

3046 DRAMMEN

Finances

Share Ownership

Return on Equity

16,91 %

Current Ratio

2,54

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 947 000	1 644 000	1 542 000	1 787 000
Net Income	70 000	−11 000	−34 000	18 000
Total Assets	682 000	649 000	975 000	893 000
Total Equity	414 000	394 000	455 000	490 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 947 000	1 644 000	1 542 000	1 787 000
Expenditure	1 869 000	1 639 000	1 568 000	1 753 000
Operating Profit	78 000	5 000	−26 000	34 000
Financial Income	0	0	0	5 000
Financial Costs	1 000	5 000	8 000	11 000
Financial Balance	−1 000	−5 000	−8 000	−6 000
Earnings Before Tax	77 000	0	−34 000	28 000
Tax	7 000	11 000	0	9 000
Net Income	70 000	−11 000	−34 000	18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	103 000	205 000
Total Current Assets	682 000	649 000	872 000	688 000
Total Assets	682 000	649 000	975 000	893 000
Total Retained Equity	314 000	294 000	355 000	390 000
Total Equity	414 000	394 000	455 000	490 000
Total Long-Term Debt	0	39 000	104 000	165 000
Total Current Debt	268 000	216 000	416 000	239 000
Total Equity and Debt	682 000	649 000	975 000	893 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 947 000	1 644 000	1 542 000	1 787 000
Other Income	0	0	0	0
Revenue	1 947 000	1 644 000	1 542 000	1 787 000
Cost of Goods Sold	1 001 000	752 000	751 000	738 000
Salary Costs	548 000	483 000	452 000	652 000
Depreciation	0	103 000	103 000	103 000
Impairment	0	0	0	0
Expenditure	1 869 000	1 639 000	1 568 000	1 753 000
Operating Profit	78 000	5 000	−26 000	34 000
Financial Income	0	0	0	5 000
Financial Costs	1 000	5 000	8 000	11 000
Financial Balance	−1 000	−5 000	−8 000	−6 000
Dividends	0	0	0	0
Net Income	70 000	−11 000	−34 000	18 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	103 000	205 000
Total Tangible Assets	0	0	103 000	205 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	103 000	205 000
Stock	77 000	82 000	38 000	58 000
Total Investments	0	0	0	0
Cash, Bank	373 000	409 000	437 000	545 000
Total Current Assets	682 000	649 000	872 000	688 000
Total Assets	682 000	649 000	975 000	893 000
Total Equity	414 000	394 000	455 000	490 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	39 000	104 000	165 000
Creditors	74 000	15 000	247 000	28 000
Unpaid Taxes	83 000	92 000	125 000	133 000
Dividends	0	0	0	0
Other Current Debt	52 000	46 000	44 000	63 000
Total Current Debt	268 000	216 000	416 000	239 000
Total Equity and Debt	682 000	649 000	975 000	893 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,91 %	−2,79 %	−7,47 %	3,67 %
Debt-to-Equity Ratio	0	0,1	0,23	0,34
Operating Profit Margin	4,01 %	0,3 %	−1,69 %	1,9 %
Current Ratio	2,54	3	2,1	2,88
Quick Ratio	3,57	4,84	2,31	3,8
Equity Ratio	0,61	0,61	0,47	0,55
Gross Profit Margin	48,59 %	54,26 %	51,3 %	58,7 %