VAVIK OG TØNNESSEN AS

4636 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

33 %

Current Ratio

1,67

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	128 675 000	137 073 000	149 244 000	194 033 000
Net Income	4 223 000	−914 000	1 350 000	2 878 000
Total Assets	31 143 000	54 278 000	46 342 000	57 522 000
Total Equity	12 797 000	8 574 000	9 488 000	8 138 000

Income (NOK)	2022	2021	2020	2019
Revenue	128 675 000	137 073 000	149 244 000	194 033 000
Expenditure	123 136 000	138 093 000	147 420 000	190 133 000
Operating Profit	5 539 000	−1 020 000	1 823 000	3 900 000
Financial Income	9 000	28 000	45 000	19 000
Financial Costs	120 000	171 000	130 000	224 000
Financial Balance	−111 000	−143 000	−85 000	−205 000
Earnings Before Tax	5 428 000	−1 164 000	1 739 000	3 695 000
Tax	1 205 000	−250 000	388 000	817 000
Net Income	4 223 000	−914 000	1 350 000	2 878 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 211 000	1 352 000	1 377 000	1 483 000
Total Current Assets	29 931 000	52 926 000	44 965 000	56 039 000
Total Assets	31 143 000	54 278 000	46 342 000	57 522 000
Total Retained Equity	9 091 000	4 868 000	5 782 000	4 432 000
Total Equity	12 797 000	8 574 000	9 488 000	8 138 000
Total Long-Term Debt	375 000	1 327 000	1 578 000	3 550 000
Total Current Debt	17 971 000	44 376 000	35 276 000	45 835 000
Total Equity and Debt	31 143 000	54 278 000	46 342 000	57 522 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	128 675 000	137 073 000	149 244 000	194 033 000
Revenue	128 675 000	137 073 000	149 244 000	194 033 000
Cost of Goods Sold	91 923 000	107 250 000	118 836 000	161 624 000
Salary Costs	22 911 000	22 812 000	21 154 000	20 788 000
Depreciation	474 000	473 000	517 000	474 000
Impairment	0	0	0	0
Expenditure	123 136 000	138 093 000	147 420 000	190 133 000
Operating Profit	5 539 000	−1 020 000	1 823 000	3 900 000
Financial Income	9 000	28 000	45 000	19 000
Financial Costs	120 000	171 000	130 000	224 000
Financial Balance	−111 000	−143 000	−85 000	−205 000
Dividends	0	0	0	0
Net Income	4 223 000	−914 000	1 350 000	2 878 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	9 000	13 000	17 000	28 000
Fixtures	1 202 000	1 339 000	1 360 000	1 456 000
Total Tangible Assets	1 211 000	1 352 000	1 377 000	1 483 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 211 000	1 352 000	1 377 000	1 483 000
Stock	421 000	398 000	463 000	463 000
Total Investments	0	0	0	0
Cash, Bank	2 402 000	1 032 000	9 253 000	5 746 000
Total Current Assets	29 931 000	52 926 000	44 965 000	56 039 000
Total Assets	31 143 000	54 278 000	46 342 000	57 522 000
Total Equity	12 797 000	8 574 000	9 488 000	8 138 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	375 000	1 327 000	1 578 000	3 550 000
Creditors	7 103 000	21 662 000	16 132 000	26 582 000
Unpaid Taxes	3 296 000	1 540 000	3 031 000	3 832 000
Dividends	0	0	0	0
Other Current Debt	5 414 000	16 686 000	13 752 000	15 421 000
Total Current Debt	17 971 000	44 376 000	35 276 000	45 835 000
Total Equity and Debt	31 143 000	54 278 000	46 342 000	57 522 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33 %	−10,66 %	14,23 %	35,36 %
Debt-to-Equity Ratio	0,03	0,15	0,17	0,44
Operating Profit Margin	4,3 %	−0,74 %	1,22 %	2,01 %
Current Ratio	1,67	1,19	1,27	1,22
Quick Ratio	1,71	1,2	1,29	1,24
Equity Ratio	0,41	0,16	0,2	0,14
Gross Profit Margin	28,56 %	21,76 %	20,37 %	16,7 %