VASET TURISTSERVICE AS

2960 RØN

Finances

Share Ownership

Return on Equity

9,14 %

Current Ratio

1,55

Debt-to-Equity Ratio

0,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 375 000	3 238 000	2 995 000	3 041 000
Net Income	266 000	231 000	281 000	−13 000
Total Assets	6 002 000	5 705 000	5 872 000	5 692 000
Total Equity	2 911 000	2 644 000	2 413 000	2 133 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 375 000	3 238 000	2 995 000	3 041 000
Expenditure	3 920 000	2 846 000	2 521 000	2 938 000
Operating Profit	455 000	393 000	475 000	102 000
Financial Income	15 000	15 000	15 000	15 000
Financial Costs	116 000	99 000	114 000	130 000
Financial Balance	−101 000	−84 000	−99 000	−115 000
Earnings Before Tax	353 000	309 000	376 000	−13 000
Tax	87 000	78 000	95 000	0
Net Income	266 000	231 000	281 000	−13 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 388 000	4 648 000	4 919 000	5 191 000
Total Current Assets	1 614 000	1 057 000	952 000	501 000
Total Assets	6 002 000	5 705 000	5 872 000	5 692 000
Total Retained Equity	2 811 000	2 544 000	2 313 000	2 033 000
Total Equity	2 911 000	2 644 000	2 413 000	2 133 000
Total Long-Term Debt	2 049 000	2 253 000	2 458 000	2 616 000
Total Current Debt	1 043 000	807 000	1 001 000	944 000
Total Equity and Debt	6 002 000	5 705 000	5 872 000	5 692 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 407 000	2 719 000	2 482 000	2 562 000
Other Income	968 000	519 000	513 000	478 000
Revenue	4 375 000	3 238 000	2 995 000	3 041 000
Cost of Goods Sold	1 160 000	865 000	785 000	889 000
Salary Costs	1 642 000	1 134 000	820 000	1 104 000
Depreciation	259 000	272 000	272 000	267 000
Impairment	0	0	0	0
Expenditure	3 920 000	2 846 000	2 521 000	2 938 000
Operating Profit	455 000	393 000	475 000	102 000
Financial Income	15 000	15 000	15 000	15 000
Financial Costs	116 000	99 000	114 000	130 000
Financial Balance	−101 000	−84 000	−99 000	−115 000
Dividends	0	0	0	0
Net Income	266 000	231 000	281 000	−13 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 301 000	4 520 000	4 740 000	4 959 000
Machinery and Plant Facilities	0	1 000	3 000	5 000
Fixtures	77 000	116 000	166 000	217 000
Total Tangible Assets	4 378 000	4 637 000	4 909 000	5 181 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	4 388 000	4 648 000	4 919 000	5 191 000
Stock	103 000	152 000	105 000	73 000
Total Investments	0	0	0	0
Cash, Bank	1 134 000	751 000	674 000	313 000
Total Current Assets	1 614 000	1 057 000	952 000	501 000
Total Assets	6 002 000	5 705 000	5 872 000	5 692 000
Total Equity	2 911 000	2 644 000	2 413 000	2 133 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 049 000	2 253 000	2 458 000	2 616 000
Creditors	393 000	352 000	473 000	355 000
Unpaid Taxes	163 000	99 000	76 000	126 000
Dividends	0	0	0	0
Other Current Debt	401 000	279 000	356 000	444 000
Total Current Debt	1 043 000	807 000	1 001 000	944 000
Total Equity and Debt	6 002 000	5 705 000	5 872 000	5 692 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,14 %	8,74 %	11,65 %	−0,61 %
Debt-to-Equity Ratio	0,7	0,85	1,02	1,23
Operating Profit Margin	10,4 %	12,14 %	15,86 %	3,35 %
Current Ratio	1,55	1,31	0,95	0,53
Quick Ratio	1,72	1,61	1,06	0,58
Equity Ratio	0,49	0,46	0,41	0,37
Gross Profit Margin	73,49 %	73,29 %	73,79 %	70,77 %