VADSØ BIL OG MOTOR AS

9801 VADSØ

Finances

Share Ownership

Return on Equity

16,89 %

Current Ratio

3,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 297 000	15 117 000	11 939 000	10 799 000
Net Income	932 000	1 527 000	885 000	230 000
Total Assets	7 456 000	6 875 000	5 485 000	4 167 000
Total Equity	5 517 000	4 585 000	3 808 000	2 922 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 297 000	15 117 000	11 939 000	10 799 000
Expenditure	12 074 000	13 164 000	10 774 000	10 498 000
Operating Profit	1 222 000	1 953 000	1 163 000	302 000
Financial Income	7 000	6 000	8 000	9 000
Financial Costs	33 000	22 000	17 000	21 000
Financial Balance	−26 000	−16 000	−9 000	−12 000
Earnings Before Tax	1 197 000	1 937 000	1 154 000	290 000
Tax	265 000	410 000	269 000	60 000
Net Income	932 000	1 527 000	885 000	230 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 624 000	1 708 000	1 647 000	1 776 000
Total Current Assets	5 833 000	5 167 000	3 838 000	2 390 000
Total Assets	7 456 000	6 875 000	5 485 000	4 167 000
Total Retained Equity	5 316 000	4 384 000	3 607 000	2 722 000
Total Equity	5 517 000	4 585 000	3 808 000	2 922 000
Total Long-Term Debt	6 000	10 000	0	0
Total Current Debt	1 934 000	2 280 000	1 677 000	1 244 000
Total Equity and Debt	7 456 000	6 875 000	5 485 000	4 167 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 297 000	15 117 000	11 939 000	10 799 000
Other Income	0	0	0	0
Revenue	13 297 000	15 117 000	11 939 000	10 799 000
Cost of Goods Sold	7 325 000	8 370 000	6 138 000	5 300 000
Salary Costs	3 338 000	3 453 000	3 164 000	3 541 000
Depreciation	137 000	114 000	129 000	138 000
Impairment	0	0	0	0
Expenditure	12 074 000	13 164 000	10 774 000	10 498 000
Operating Profit	1 222 000	1 953 000	1 163 000	302 000
Financial Income	7 000	6 000	8 000	9 000
Financial Costs	33 000	22 000	17 000	21 000
Financial Balance	−26 000	−16 000	−9 000	−12 000
Dividends	0	0	0	300 000
Net Income	932 000	1 527 000	885 000	230 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 450 000	1 503 000	1 556 000	1 609 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	173 000	205 000	90 000	167 000
Total Tangible Assets	1 623 000	1 708 000	1 647 000	1 776 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 624 000	1 708 000	1 647 000	1 776 000
Stock	1 569 000	2 564 000	1 453 000	961 000
Total Investments	0	0	0	0
Cash, Bank	3 926 000	2 204 000	2 022 000	1 102 000
Total Current Assets	5 833 000	5 167 000	3 838 000	2 390 000
Total Assets	7 456 000	6 875 000	5 485 000	4 167 000
Total Equity	5 517 000	4 585 000	3 808 000	2 922 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 000	10 000	0	0
Creditors	568 000	536 000	348 000	304 000
Unpaid Taxes	454 000	435 000	494 000	219 000
Dividends	0	0	0	300 000
Other Current Debt	643 000	910 000	565 000	362 000
Total Current Debt	1 934 000	2 280 000	1 677 000	1 244 000
Total Equity and Debt	7 456 000	6 875 000	5 485 000	4 167 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,89 %	33,3 %	23,24 %	7,87 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,19 %	12,92 %	9,74 %	2,8 %
Current Ratio	3,02	2,27	2,29	1,92
Quick Ratio	15,98	−18,19	17,13	8,45
Equity Ratio	0,74	0,67	0,69	0,7
Gross Profit Margin	44,91 %	44,63 %	48,59 %	50,92 %