VOSS OF NORWAY AS

4730 VATNESTRØM

Finances

Return on Equity

114,33 %

Current Ratio

0,38

Debt-to-Equity Ratio

−0

Key figures (USD)	2021	2020	2019	2018
Revenue	72 943 000	53 647 000	58 567 000	64 194 000
Net Income	−36 867 000	−32 814 000	−26 993 000	−22 406 000
Total Assets	102 851 000	115 634 000	98 241 000	95 522 000
Total Equity	−32 247 000	4 603 000	20 256 000	47 793 000

Income (USD)	2021	2020	2019	2018
Revenue	72 943 000	53 647 000	58 567 000	64 194 000
Expenditure	93 108 000	73 385 000	80 414 000	87 332 000
Operating Profit	−16 951 000	−20 712 000	−20 740 000	−19 915 000
Financial Income	−1 739 000	−2 237 000	−2 300 000	−138 000
Financial Costs	13 129 000	9 890 000	3 905 000	1 400 000
Financial Balance	−14 868 000	−12 127 000	−6 205 000	−1 538 000
Earnings Before Tax	−31 819 000	−32 839 000	−26 945 000	−21 453 000
Tax	5 048 000	−25 000	48 000	953 000
Net Income	−36 867 000	−32 814 000	−26 993 000	−22 406 000

Balance (USD)	2021	2020	2019	2018
Total Fixed Assets	51 496 000	61 141 000	63 284 000	65 998 000
Total Current Assets	51 355 000	54 493 000	34 957 000	29 524 000
Total Assets	102 851 000	115 634 000	98 241 000	95 522 000
Total Retained Equity	−99 368 000	−62 518 000	−46 865 000	−19 328 000
Total Equity	−32 247 000	4 603 000	20 256 000	47 793 000
Total Long-Term Debt	15 000	76 000	13 946 000	13 501 000
Total Current Debt	135 083 000	110 955 000	64 039 000	34 228 000
Total Equity and Debt	102 851 000	115 634 000	98 241 000	95 522 000

Cash flow (USD)	2021	2020	2019	2018
Sales Income	72 943 000	53 647 000	58 567 000	64 194 000
Other Income	0	0	0	0
Revenue	72 943 000	53 647 000	58 567 000	64 194 000
Cost of Goods Sold	43 123 000	24 173 000	26 831 000	50 643 000
Salary Costs	16 024 000	16 319 000	15 400 000	19 469 000
Depreciation	4 873 000	4 547 000	4 419 000	4 228 000
Impairment	0	0	0	0
Expenditure	93 108 000	73 385 000	80 414 000	87 332 000
Operating Profit	−16 951 000	−20 712 000	−20 740 000	−19 915 000
Financial Income	−1 739 000	−2 237 000	−2 300 000	−138 000
Financial Costs	13 129 000	9 890 000	3 905 000	1 400 000
Financial Balance	−14 868 000	−12 127 000	−6 205 000	−1 538 000
Dividends	0	0	0	0
Net Income	−36 867 000	−32 814 000	−26 993 000	−22 406 000

Balance details (USD)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	15 347 000	22 060 000	22 009 000	19 951 000
Real Eastate	22 149 000	23 807 000	25 152 000	26 889 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	22 149 000	23 807 000	25 152 000	26 889 000
Total Fiancial Fixed Assets	14 000 000	15 274 000	16 123 000	19 158 000
Total Fixed Assets	51 496 000	61 141 000	63 284 000	65 998 000
Stock	17 168 000	13 954 000	14 928 000	13 821 000
Total Investments	0	0	0	0
Cash, Bank	10 514 000	21 576 000	3 813 000	2 743 000
Total Current Assets	51 355 000	54 493 000	34 957 000	29 524 000
Total Assets	102 851 000	115 634 000	98 241 000	95 522 000
Total Equity	−32 247 000	4 603 000	20 256 000	47 793 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 000	76 000	13 946 000	13 501 000
Creditors	12 634 000	13 638 000	18 890 000	10 862 000
Unpaid Taxes	502 000	435 000	493 000	348 000
Dividends	0	0	0	0
Other Current Debt	121 913 000	96 882 000	44 656 000	22 865 000
Total Current Debt	135 083 000	110 955 000	64 039 000	34 228 000
Total Equity and Debt	102 851 000	115 634 000	98 241 000	95 522 000

Financial indicators	2021	2020	2019	2018
Return on Equity	114,33 %	−712,88 %	−133,26 %	−46,88 %
Debt-to-Equity Ratio	−0	0,02	0,69	0,28
Operating Profit Margin	−23,24 %	−38,61 %	−35,41 %	−31,02 %
Current Ratio	0,38	0,49	0,55	0,86
Quick Ratio	0,44	0,56	0,71	1,45
Equity Ratio	−0,31	0,04	0,21	0,5
Gross Profit Margin	40,88 %	54,94 %	54,19 %	21,11 %