VÆRØY BUNKER AS

8063 VÆRØY

Finances

Return on Equity

17,74 %

Current Ratio

3,58

Debt-to-Equity Ratio

0,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	35 616 000	24 162 000	15 893 000	16 955 000
Net Income	713 000	158 000	481 000	246 000
Total Assets	6 618 000	6 725 000	6 492 000	3 770 000
Total Equity	4 020 000	3 301 000	3 142 000	2 661 000

Income (NOK)	2022	2021	2020	2019
Revenue	35 616 000	24 162 000	15 893 000	16 955 000
Expenditure	34 609 000	23 774 000	15 137 000	16 618 000
Operating Profit	1 007 000	388 000	756 000	336 000
Financial Income	27 000	0	4 000	7 000
Financial Costs	121 000	186 000	143 000	28 000
Financial Balance	−94 000	−186 000	−139 000	−21 000
Earnings Before Tax	913 000	203 000	617 000	316 000
Tax	201 000	45 000	136 000	70 000
Net Income	713 000	158 000	481 000	246 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 073 000	2 237 000	2 327 000	737 000
Total Current Assets	4 546 000	4 488 000	4 165 000	3 033 000
Total Assets	6 618 000	6 725 000	6 492 000	3 770 000
Total Retained Equity	3 870 000	3 151 000	2 992 000	2 511 000
Total Equity	4 020 000	3 301 000	3 142 000	2 661 000
Total Long-Term Debt	1 328 000	1 444 000	0	0
Total Current Debt	1 270 000	1 980 000	3 350 000	1 109 000
Total Equity and Debt	6 618 000	6 725 000	6 492 000	3 770 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 603 000	24 138 000	15 877 000	16 938 000
Other Income	13 000	24 000	15 000	17 000
Revenue	35 616 000	24 162 000	15 893 000	16 955 000
Cost of Goods Sold	32 652 000	21 950 000	13 582 000	15 282 000
Salary Costs	491 000	490 000	300 000	396 000
Depreciation	177 000	176 000	131 000	99 000
Impairment	0	0	0	0
Expenditure	34 609 000	23 774 000	15 137 000	16 618 000
Operating Profit	1 007 000	388 000	756 000	336 000
Financial Income	27 000	0	4 000	7 000
Financial Costs	121 000	186 000	143 000	28 000
Financial Balance	−94 000	−186 000	−139 000	−21 000
Dividends	0	0	0	0
Net Income	713 000	158 000	481 000	246 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	139 000	127 000	117 000	121 000
Real Eastate	113 000	1 933 000	2 013 000	395 000
Machinery and Plant Facilities	1 795 000	152 000	156 000	181 000
Fixtures	0	0	0	0
Total Tangible Assets	1 908 000	2 085 000	2 170 000	577 000
Total Fiancial Fixed Assets	25 000	25 000	40 000	40 000
Total Fixed Assets	2 073 000	2 237 000	2 327 000	737 000
Stock	2 926 000	2 923 000	2 408 000	934 000
Total Investments	0	0	0	0
Cash, Bank	593 000	171 000	639 000	991 000
Total Current Assets	4 546 000	4 488 000	4 165 000	3 033 000
Total Assets	6 618 000	6 725 000	6 492 000	3 770 000
Total Equity	4 020 000	3 301 000	3 142 000	2 661 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 328 000	1 444 000	0	0
Creditors	991 000	1 854 000	1 644 000	615 000
Unpaid Taxes	24 000	24 000	1 564 000	382 000
Dividends	0	0	0	0
Other Current Debt	43 000	48 000	10 000	37 000
Total Current Debt	1 270 000	1 980 000	3 350 000	1 109 000
Total Equity and Debt	6 618 000	6 725 000	6 492 000	3 770 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,74 %	4,79 %	15,31 %	9,24 %
Debt-to-Equity Ratio	0,33	0,44	0	0
Operating Profit Margin	2,83 %	1,61 %	4,76 %	1,98 %
Current Ratio	3,58	2,27	1,24	2,73
Quick Ratio	−2,75	−4,76	4,42	17,33
Equity Ratio	0,61	0,49	0,48	0,71
Gross Profit Margin	8,32 %	9,15 %	14,54 %	9,87 %