VÆRØY FRYSELAGER AS

8063 VÆRØY

Finances

Share Ownership

Return on Equity

4,74 %

Current Ratio

0,95

Debt-to-Equity Ratio

1,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 502 000	7 717 000	7 571 000	7 281 000
Net Income	536 000	160 000	716 000	677 000
Total Assets	33 048 000	18 130 000	19 563 000	19 068 000
Total Equity	11 300 000	10 764 000	10 604 000	9 888 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 502 000	7 717 000	7 571 000	7 281 000
Expenditure	6 390 000	7 316 000	6 409 000	6 064 000
Operating Profit	1 114 000	402 000	1 161 000	1 218 000
Financial Income	43 000	20 000	19 000	8 000
Financial Costs	470 000	212 000	259 000	357 000
Financial Balance	−427 000	−192 000	−240 000	−349 000
Earnings Before Tax	687 000	209 000	921 000	869 000
Tax	151 000	49 000	206 000	191 000
Net Income	536 000	160 000	716 000	677 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 246 000	10 819 000	11 356 000	12 336 000
Total Current Assets	2 803 000	7 311 000	8 208 000	6 732 000
Total Assets	33 048 000	18 130 000	19 563 000	19 068 000
Total Retained Equity	6 356 000	5 820 000	5 660 000	4 944 000
Total Equity	11 300 000	10 764 000	10 604 000	9 888 000
Total Long-Term Debt	18 811 000	5 694 000	6 615 000	8 392 000
Total Current Debt	2 938 000	1 673 000	2 344 000	788 000
Total Equity and Debt	33 048 000	18 130 000	19 563 000	19 068 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 340 000	7 318 000	6 965 000	7 172 000
Other Income	162 000	399 000	606 000	109 000
Revenue	7 502 000	7 717 000	7 571 000	7 281 000
Cost of Goods Sold	0	0	0	0
Salary Costs	6 000	17 000	16 000	0
Depreciation	1 178 000	1 049 000	1 065 000	1 122 000
Impairment	0	0	0	0
Expenditure	6 390 000	7 316 000	6 409 000	6 064 000
Operating Profit	1 114 000	402 000	1 161 000	1 218 000
Financial Income	43 000	20 000	19 000	8 000
Financial Costs	470 000	212 000	259 000	357 000
Financial Balance	−427 000	−192 000	−240 000	−349 000
Dividends	0	0	0	0
Net Income	536 000	160 000	716 000	677 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	562 000	706 000	637 000	579 000
Real Eastate	29 034 000	9 322 000	9 737 000	10 579 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	650 000	791 000	982 000	1 178 000
Total Tangible Assets	29 684 000	10 113 000	10 719 000	11 757 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	30 246 000	10 819 000	11 356 000	12 336 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 685 000	1 085 000	890 000	828 000
Total Current Assets	2 803 000	7 311 000	8 208 000	6 732 000
Total Assets	33 048 000	18 130 000	19 563 000	19 068 000
Total Equity	11 300 000	10 764 000	10 604 000	9 888 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	18 811 000	5 694 000	6 615 000	8 392 000
Creditors	1 971 000	539 000	1 079 000	377 000
Unpaid Taxes	46 000	85 000	87 000	156 000
Dividends	0	0	0	0
Other Current Debt	8 000	930 000	915 000	11 000
Total Current Debt	2 938 000	1 673 000	2 344 000	788 000
Total Equity and Debt	33 048 000	18 130 000	19 563 000	19 068 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,74 %	1,49 %	6,75 %	6,85 %
Debt-to-Equity Ratio	1,66	0,53	0,62	0,85
Operating Profit Margin	14,85 %	5,21 %	15,33 %	16,73 %
Current Ratio	0,95	4,37	3,5	8,54
Quick Ratio	0,95	4,37	3,5	8,54
Equity Ratio	0,34	0,59	0,54	0,52
Gross Profit Margin	100 %	100 %	100 %	100 %