BRØDRENE ANDREASSEN VÆRØY AS

8063 VÆRØY

Finances

Return on Equity

20,08 %

Current Ratio

3,15

Debt-to-Equity Ratio

0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	51 099 000	47 808 000	47 058 000	39 136 000
Net Income	9 075 000	2 923 000	1 817 000	5 289 000
Total Assets	73 712 000	58 161 000	61 576 000	61 576 000
Total Equity	45 193 000	36 118 000	33 195 000	40 378 000

Income (NOK)	2022	2021	2020	2019
Revenue	51 099 000	47 808 000	47 058 000	39 136 000
Expenditure	46 613 000	39 656 000	42 791 000	38 672 000
Operating Profit	11 543 000	4 792 000	2 484 000	7 351 000
Financial Income	1 484 000	1 031 000	1 848 000	539 000
Financial Costs	1 388 000	2 166 000	1 902 000	1 105 000
Financial Balance	96 000	−1 135 000	−54 000	−566 000
Earnings Before Tax	11 639 000	3 658 000	2 429 000	6 785 000
Tax	2 563 000	735 000	612 000	1 496 000
Net Income	9 075 000	2 923 000	1 817 000	5 289 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 987 000	15 673 000	13 491 000	15 203 000
Total Current Assets	50 725 000	42 488 000	48 086 000	46 373 000
Total Assets	73 712 000	58 161 000	61 576 000	61 576 000
Total Retained Equity	21 207 000	12 131 000	9 208 000	16 391 000
Total Equity	45 193 000	36 118 000	33 195 000	40 378 000
Total Long-Term Debt	12 417 000	11 536 000	21 218 000	13 060 000
Total Current Debt	16 102 000	10 507 000	7 163 000	8 138 000
Total Equity and Debt	73 712 000	58 161 000	61 576 000	61 576 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	50 928 000	47 524 000	46 923 000	39 136 000
Other Income	171 000	285 000	135 000	0
Revenue	51 099 000	47 808 000	47 058 000	39 136 000
Cost of Goods Sold	34 116 000	27 900 000	28 952 000	27 864 000
Salary Costs	6 204 000	5 713 000	5 141 000	5 111 000
Depreciation	715 000	728 000	717 000	875 000
Impairment	0	0	0	0
Expenditure	46 613 000	39 656 000	42 791 000	38 672 000
Operating Profit	11 543 000	4 792 000	2 484 000	7 351 000
Financial Income	1 484 000	1 031 000	1 848 000	539 000
Financial Costs	1 388 000	2 166 000	1 902 000	1 105 000
Financial Balance	96 000	−1 135 000	−54 000	−566 000
Dividends	0	0	9 000 000	0
Net Income	9 075 000	2 923 000	1 817 000	5 289 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 148 000	1 197 000	1 163 000	1 210 000
Real Eastate	6 589 000	6 746 000	6 951 000	6 664 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 400 000	2 727 000	1 290 000	3 159 000
Total Tangible Assets	8 990 000	9 473 000	8 242 000	9 823 000
Total Fiancial Fixed Assets	12 849 000	5 003 000	4 085 000	4 169 000
Total Fixed Assets	22 987 000	15 673 000	13 491 000	15 203 000
Stock	23 670 000	16 614 000	19 973 000	21 756 000
Total Investments	0	0	331 000	0
Cash, Bank	5 668 000	6 098 000	13 813 000	11 714 000
Total Current Assets	50 725 000	42 488 000	48 086 000	46 373 000
Total Assets	73 712 000	58 161 000	61 576 000	61 576 000
Total Equity	45 193 000	36 118 000	33 195 000	40 378 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 417 000	11 536 000	21 218 000	13 060 000
Creditors	788 000	1 498 000	1 104 000	2 436 000
Unpaid Taxes	1 456 000	1 330 000	1 052 000	1 178 000
Dividends	0	0	9 000 000	0
Other Current Debt	4 309 000	4 363 000	3 919 000	2 985 000
Total Current Debt	16 102 000	10 507 000	7 163 000	8 138 000
Total Equity and Debt	73 712 000	58 161 000	61 576 000	61 576 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,08 %	8,09 %	5,47 %	13,1 %
Debt-to-Equity Ratio	0,27	0,32	0,64	0,32
Operating Profit Margin	22,59 %	10,02 %	5,28 %	18,78 %
Current Ratio	3,15	4,04	6,71	5,7
Quick Ratio	−6,7	−6,96	−3,75	−3,41
Equity Ratio	0,61	0,62	0,54	0,66
Gross Profit Margin	33,24 %	41,64 %	38,48 %	28,8 %