VEGÅRSHEI RØRLEGGERSERVICE AS

4985 VEGÅRSHEI

Finances

Return on Equity

31,76 %

Current Ratio

2,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 237 000	3 031 000	2 192 000	2 318 000
Net Income	472 000	510 000	70 000	287 000
Total Assets	2 658 000	1 727 000	1 042 000	839 000
Total Equity	1 486 000	1 015 000	705 000	635 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 237 000	3 031 000	2 192 000	2 318 000
Expenditure	3 622 000	2 374 000	2 114 000	2 030 000
Operating Profit	616 000	657 000	79 000	288 000
Financial Income	2 000	0	0	0
Financial Costs	1 000	6 000	1 000	1 000
Financial Balance	1 000	−6 000	−1 000	−1 000
Earnings Before Tax	617 000	651 000	78 000	287 000
Tax	146 000	141 000	8 000	0
Net Income	472 000	510 000	70 000	287 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	81 000	49 000	49 000	54 000
Total Current Assets	2 578 000	1 678 000	993 000	785 000
Total Assets	2 658 000	1 727 000	1 042 000	839 000
Total Retained Equity	1 286 000	815 000	505 000	435 000
Total Equity	1 486 000	1 015 000	705 000	635 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 172 000	712 000	338 000	205 000
Total Equity and Debt	2 658 000	1 727 000	1 042 000	839 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 234 000	3 016 000	2 188 000	2 318 000
Other Income	4 000	15 000	4 000	0
Revenue	4 237 000	3 031 000	2 192 000	2 318 000
Cost of Goods Sold	1 780 000	1 097 000	909 000	815 000
Salary Costs	1 157 000	613 000	582 000	561 000
Depreciation	16 000	6 000	5 000	5 000
Impairment	0	0	0	0
Expenditure	3 622 000	2 374 000	2 114 000	2 030 000
Operating Profit	616 000	657 000	79 000	288 000
Financial Income	2 000	0	0	0
Financial Costs	1 000	6 000	1 000	1 000
Financial Balance	1 000	−6 000	−1 000	−1 000
Dividends	0	200 000	0	0
Net Income	472 000	510 000	70 000	287 000

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	61 000	29 000	13 000	18 000
Total Tangible Assets	61 000	29 000	13 000	18 000
Total Fiancial Fixed Assets	20 000	20 000	36 000	36 000
Total Fixed Assets	81 000	49 000	49 000	54 000
Stock	375 000	186 000	151 000	115 000
Total Investments	0	0	0	0
Cash, Bank	73 000	18 000	123 000	143 000
Total Current Assets	2 578 000	1 678 000	993 000	785 000
Total Assets	2 658 000	1 727 000	1 042 000	839 000
Total Equity	1 486 000	1 015 000	705 000	635 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	328 000	113 000	105 000	−42 000
Unpaid Taxes	340 000	297 000	155 000	183 000
Dividends	0	200 000	0	0
Other Current Debt	359 000	112 000	69 000	63 000
Total Current Debt	1 172 000	712 000	338 000	205 000
Total Equity and Debt	2 658 000	1 727 000	1 042 000	839 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,76 %	50,25 %	9,93 %	45,2 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,54 %	21,68 %	3,6 %	12,42 %
Current Ratio	2,2	2,36	2,94	3,83
Quick Ratio	3,23	3,19	5,31	8,72
Equity Ratio	0,56	0,59	0,68	0,76
Gross Profit Margin	57,99 %	63,81 %	58,53 %	64,84 %