VÆRØY ISANLEGG AS

8063 VÆRØY

Finances

Return on Equity

20,4 %

Current Ratio

7,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 476 000	964 000	893 000	1 004 000
Net Income	534 000	261 000	−6 000	222 000
Total Assets	3 017 000	2 239 000	1 058 000	971 000
Total Equity	2 618 000	2 084 000	798 000	804 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 476 000	964 000	893 000	1 004 000
Expenditure	896 000	702 000	901 000	782 000
Operating Profit	581 000	262 000	−8 000	221 000
Financial Income	0	1 000	2 000	1 000
Financial Costs	0	1 000	0	1 000
Financial Balance	0	0	2 000	0
Earnings Before Tax	581 000	261 000	−6 000	222 000
Tax	47 000	0	0	0
Net Income	534 000	261 000	−6 000	222 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	118 000	109 000	195 000	280 000
Total Current Assets	2 899 000	2 129 000	863 000	691 000
Total Assets	3 017 000	2 239 000	1 058 000	971 000
Total Retained Equity	289 000	−245 000	−506 000	−500 000
Total Equity	2 618 000	2 084 000	798 000	804 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	400 000	155 000	260 000	168 000
Total Equity and Debt	3 017 000	2 239 000	1 058 000	971 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 476 000	964 000	893 000	1 004 000
Other Income	0	0	0	0
Revenue	1 476 000	964 000	893 000	1 004 000
Cost of Goods Sold	0	0	0	0
Salary Costs	24 000	28 000	28 000	18 000
Depreciation	89 000	85 000	85 000	85 000
Impairment	0	0	0	0
Expenditure	896 000	702 000	901 000	782 000
Operating Profit	581 000	262 000	−8 000	221 000
Financial Income	0	1 000	2 000	1 000
Financial Costs	0	1 000	0	1 000
Financial Balance	0	0	2 000	0
Dividends	0	0	0	0
Net Income	534 000	261 000	−6 000	222 000

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	118 000	109 000	195 000	280 000
Fixtures	0	0	0	0
Total Tangible Assets	118 000	109 000	195 000	280 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	118 000	109 000	195 000	280 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 067 000	118 000	547 000	154 000
Total Current Assets	2 899 000	2 129 000	863 000	691 000
Total Assets	3 017 000	2 239 000	1 058 000	971 000
Total Equity	2 618 000	2 084 000	798 000	804 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	252 000	44 000	153 000	23 000
Unpaid Taxes	0	11 000	8 000	45 000
Dividends	0	0	0	0
Other Current Debt	100 000	100 000	100 000	100 000
Total Current Debt	400 000	155 000	260 000	168 000
Total Equity and Debt	3 017 000	2 239 000	1 058 000	971 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,4 %	12,52 %	−0,75 %	27,61 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	39,36 %	27,18 %	−0,9 %	22,01 %
Current Ratio	7,25	13,74	3,32	4,11
Quick Ratio	7,25	13,74	3,32	4,11
Equity Ratio	0,87	0,93	0,75	0,83
Gross Profit Margin	100 %	100 %	100 %	100 %