VORMSTAD BIL AS

7300 ORKANGER

Finances

Return on Equity

184,58 %

Current Ratio

1,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 367 000	9 177 000	9 179 000	8 332 000
Net Income	1 556 000	1 797 000	2 048 000	2 226 000
Total Assets	5 861 000	5 150 000	4 331 000	3 977 000
Total Equity	843 000	2 508 000	1 858 000	740 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 367 000	9 177 000	9 179 000	8 332 000
Expenditure	8 323 000	6 868 000	6 584 000	5 528 000
Operating Profit	1 996 000	2 304 000	2 626 000	2 853 000
Financial Income	0	0	1 000	4 000
Financial Costs	0	1 000	1 000	1 000
Financial Balance	0	−1 000	0	3 000
Earnings Before Tax	1 996 000	2 303 000	2 626 000	2 855 000
Tax	440 000	507 000	578 000	629 000
Net Income	1 556 000	1 797 000	2 048 000	2 226 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	174 000	184 000	194 000	190 000
Total Current Assets	5 686 000	4 966 000	4 137 000	3 787 000
Total Assets	5 861 000	5 150 000	4 331 000	3 977 000
Total Retained Equity	743 000	2 408 000	1 758 000	640 000
Total Equity	843 000	2 508 000	1 858 000	740 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 017 000	2 642 000	2 473 000	3 237 000
Total Equity and Debt	5 861 000	5 150 000	4 331 000	3 977 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 358 000	9 166 000	9 133 000	8 325 000
Other Income	9 000	12 000	46 000	7 000
Revenue	10 367 000	9 177 000	9 179 000	8 332 000
Cost of Goods Sold	3 242 000	2 795 000	2 810 000	2 405 000
Salary Costs	3 819 000	2 938 000	2 651 000	2 085 000
Depreciation	61 000	60 000	54 000	31 000
Impairment	0	0	0	0
Expenditure	8 323 000	6 868 000	6 584 000	5 528 000
Operating Profit	1 996 000	2 304 000	2 626 000	2 853 000
Financial Income	0	0	1 000	4 000
Financial Costs	0	1 000	1 000	1 000
Financial Balance	0	−1 000	0	3 000
Dividends	3 200 000	0	900 000	1 785 000
Net Income	1 556 000	1 797 000	2 048 000	2 226 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	18 000	12 000	14 000	19 000
Real Eastate	5 000	5 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	152 000	167 000	180 000	170 000
Total Tangible Assets	157 000	172 000	180 000	170 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	174 000	184 000	194 000	190 000
Stock	84 000	133 000	137 000	106 000
Total Investments	1 000	1 000	1 000	1 000
Cash, Bank	5 408 000	4 769 000	3 917 000	3 596 000
Total Current Assets	5 686 000	4 966 000	4 137 000	3 787 000
Total Assets	5 861 000	5 150 000	4 331 000	3 977 000
Total Equity	843 000	2 508 000	1 858 000	740 000
Short-Term Group Debt	27 000	27 000	39 000	89 000
Total Long-Term Debt	0	0	0	0
Creditors	358 000	262 000	240 000	231 000
Unpaid Taxes	659 000	471 000	503 000	352 000
Dividends	3 200 000	0	900 000	1 785 000
Other Current Debt	333 000	257 000	227 000	178 000
Total Current Debt	5 017 000	2 642 000	2 473 000	3 237 000
Total Equity and Debt	5 861 000	5 150 000	4 331 000	3 977 000

Financial indicators	2022	2021	2020	2019
Return on Equity	184,58 %	71,65 %	110,23 %	300,81 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	19,25 %	25,11 %	28,61 %	34,24 %
Current Ratio	1,13	1,88	1,67	1,17
Quick Ratio	1,15	1,98	1,77	1,21
Equity Ratio	0,14	0,49	0,43	0,19
Gross Profit Margin	68,73 %	69,54 %	69,39 %	71,14 %