VANPEE NORGE AS

2013 SKJETTEN

Finances

Share Ownership

Return on Equity

27,42 %

Current Ratio

1,19

Debt-to-Equity Ratio

Key figures (NOK)	2023	2022	2021	2020
Revenue	65 120 000	64 941 000	77 016 000	80 699 000
Net Income	2 109 000	3 367 000	5 368 000	8 395 000
Total Assets	23 948 000	32 908 000	38 763 000	36 701 000
Total Equity	7 692 000	9 583 000	13 216 000	11 678 000

Income (NOK)	2023	2022	2021	2020
Revenue	65 120 000	64 941 000	77 016 000	80 699 000
Expenditure	61 656 000	61 058 000	69 629 000	68 915 000
Operating Profit	3 464 000	3 882 000	7 387 000	11 784 000
Financial Income	299 000	761 000	965 000	338 000
Financial Costs	1 022 000	818 000	1 194 000	1 352 000
Financial Balance	−723 000	−57 000	−229 000	−1 014 000
Earnings Before Tax	2 740 000	3 826 000	7 158 000	10 770 000
Tax	631 000	459 000	1 789 000	2 375 000
Net Income	2 109 000	3 367 000	5 368 000	8 395 000

Balance (NOK)	2023	2022	2021	2020
Total Fixed Assets	4 597 000	4 645 000	2 294 000	2 845 000
Total Current Assets	19 351 000	28 264 000	36 469 000	33 856 000
Total Assets	23 948 000	32 908 000	38 763 000	36 701 000
Total Retained Equity	7 392 000	9 283 000	12 916 000	11 478 000
Total Equity	7 692 000	9 583 000	13 216 000	11 678 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	16 256 000	23 325 000	25 547 000	25 023 000
Total Equity and Debt	23 948 000	32 908 000	38 763 000	36 701 000

Cash flow (NOK)	2023	2022	2021	2020
Sales Income	65 116 000	64 938 000	77 004 000	82 626 000
Other Income	4 000	3 000	12 000	−1 927 000
Revenue	65 120 000	64 941 000	77 016 000	80 699 000
Cost of Goods Sold	29 149 000	29 306 000	35 106 000	34 371 000
Salary Costs	18 665 000	18 115 000	19 963 000	18 898 000
Depreciation	680 000	665 000	1 091 000	517 000
Impairment	0	0	0	0
Expenditure	61 656 000	61 058 000	69 629 000	68 915 000
Operating Profit	3 464 000	3 882 000	7 387 000	11 784 000
Financial Income	299 000	761 000	965 000	338 000
Financial Costs	1 022 000	818 000	1 194 000	1 352 000
Financial Balance	−723 000	−57 000	−229 000	−1 014 000
Dividends	4 000 000	7 000 000	8 000 000	0
Net Income	2 109 000	3 367 000	5 368 000	8 395 000

Balance details (NOK)	2023	2022	2021	2020
Goodwill	0	0	0	0
Total Intangible Assets	2 282 000	1 966 000	649 000	1 099 000
Real Eastate	0	0	0	1 305 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	554 000	892 000	1 272 000	67 000
Total Tangible Assets	554 000	892 000	1 272 000	1 371 000
Total Fiancial Fixed Assets	1 760 000	1 787 000	373 000	375 000
Total Fixed Assets	4 597 000	4 645 000	2 294 000	2 845 000
Stock	10 462 000	12 175 000	13 436 000	9 479 000
Total Investments	0	0	0	0
Cash, Bank	642 000	1 159 000	14 763 000	12 354 000
Total Current Assets	19 351 000	28 264 000	36 469 000	33 856 000
Total Assets	23 948 000	32 908 000	38 763 000	36 701 000
Total Equity	7 692 000	9 583 000	13 216 000	11 678 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 478 000	3 148 000	3 246 000	5 106 000
Unpaid Taxes	4 258 000	4 166 000	4 625 000	4 732 000
Dividends	4 000 000	7 000 000	8 000 000	0
Other Current Debt	2 520 000	2 527 000	2 548 000	5 545 000
Total Current Debt	16 256 000	23 325 000	25 547 000	25 023 000
Total Equity and Debt	23 948 000	32 908 000	38 763 000	36 701 000

Financial indicators	2023	2022	2021	2020
Return on Equity	27,42 %	35,14 %	40,62 %	71,89 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,32 %	5,98 %	9,59 %	14,6 %
Current Ratio	1,19	1,21	1,43	1,35
Quick Ratio	3,34	2,53	3,01	2,18
Equity Ratio	0,32	0,29	0,34	0,32
Gross Profit Margin	55,24 %	54,87 %	54,42 %	57,41 %