VENDLA AS

5384 TORANGSVÅG

Finances

Return on Equity

17,58 %

Current Ratio

3,51

Debt-to-Equity Ratio

2,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	100 506 000	85 387 000	90 086 000	67 949 000
Net Income	11 704 000	9 805 000	15 482 000	3 935 000
Total Assets	243 537 000	241 809 000	245 158 000	232 346 000
Total Equity	66 590 000	59 886 000	55 081 000	47 599 000

Income (NOK)	2022	2021	2020	2019
Revenue	100 506 000	85 387 000	90 086 000	67 949 000
Expenditure	81 722 000	69 500 000	65 951 000	57 825 000
Operating Profit	18 784 000	15 888 000	24 135 000	10 125 000
Financial Income	1 247 000	259 000	236 000	420 000
Financial Costs	4 964 000	3 533 000	4 490 000	5 469 000
Financial Balance	−3 717 000	−3 274 000	−4 254 000	−5 049 000
Earnings Before Tax	15 067 000	12 613 000	19 881 000	5 076 000
Tax	3 363 000	2 808 000	4 399 000	1 141 000
Net Income	11 704 000	9 805 000	15 482 000	3 935 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	161 770 000	172 685 000	184 345 000	188 935 000
Total Current Assets	81 767 000	69 125 000	60 813 000	43 411 000
Total Assets	243 537 000	241 809 000	245 158 000	232 346 000
Total Retained Equity	63 526 000	56 822 000	52 017 000	44 535 000
Total Equity	66 590 000	59 886 000	55 081 000	47 599 000
Total Long-Term Debt	153 675 000	164 238 000	172 086 000	172 843 000
Total Current Debt	23 271 000	17 685 000	17 991 000	11 904 000
Total Equity and Debt	243 537 000	241 809 000	245 158 000	232 346 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	100 056 000	85 387 000	90 086 000	67 949 000
Other Income	450 000	0	0	0
Revenue	100 506 000	85 387 000	90 086 000	67 949 000
Cost of Goods Sold	0	0	0	0
Salary Costs	32 705 000	28 853 000	31 225 000	24 314 000
Depreciation	16 575 000	16 339 000	15 807 000	15 539 000
Impairment	0	0	0	0
Expenditure	81 722 000	69 500 000	65 951 000	57 825 000
Operating Profit	18 784 000	15 888 000	24 135 000	10 125 000
Financial Income	1 247 000	259 000	236 000	420 000
Financial Costs	4 964 000	3 533 000	4 490 000	5 469 000
Financial Balance	−3 717 000	−3 274 000	−4 254 000	−5 049 000
Dividends	5 000 000	5 000 000	8 000 000	3 000 000
Net Income	11 704 000	9 805 000	15 482 000	3 935 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	19 377 000	22 695 000	26 012 000	29 330 000
Real Eastate	467 000	549 000	631 000	713 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 290 000	2 312 000	2 773 000	752 000
Total Tangible Assets	141 893 000	149 490 000	157 833 000	159 605 000
Total Fiancial Fixed Assets	500 000	500 000	500 000	0
Total Fixed Assets	161 770 000	172 685 000	184 345 000	188 935 000
Stock	1 190 000	1 450 000	700 000	565 000
Total Investments	0	0	0	0
Cash, Bank	79 080 000	66 180 000	58 828 000	41 511 000
Total Current Assets	81 767 000	69 125 000	60 813 000	43 411 000
Total Assets	243 537 000	241 809 000	245 158 000	232 346 000
Total Equity	66 590 000	59 886 000	55 081 000	47 599 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	153 675 000	164 238 000	172 086 000	172 843 000
Creditors	3 893 000	1 487 000	1 974 000	1 493 000
Unpaid Taxes	9 824 000	10 328 000	7 475 000	6 504 000
Dividends	5 000 000	5 000 000	8 000 000	3 000 000
Other Current Debt	1 285 000	871 000	542 000	907 000
Total Current Debt	23 271 000	17 685 000	17 991 000	11 904 000
Total Equity and Debt	243 537 000	241 809 000	245 158 000	232 346 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,58 %	16,37 %	28,11 %	8,27 %
Debt-to-Equity Ratio	2,31	2,74	3,12	3,63
Operating Profit Margin	18,69 %	18,61 %	26,79 %	14,9 %
Current Ratio	3,51	3,91	3,38	3,65
Quick Ratio	3,7	4,26	3,52	3,83
Equity Ratio	0,27	0,25	0,22	0,2
Gross Profit Margin	100 %	100 %	100 %	100 %