VATAN ENGROS AS

0580 OSLO

Finances

Share Ownership

Return on Equity

90,78 %

Current Ratio

1,48

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	169 868 000	153 459 000	136 215 000	85 619 000
Net Income	17 141 000	6 459 000	5 089 000	2 933 000
Total Assets	61 617 000	51 663 000	37 814 000	35 677 000
Total Equity	18 882 000	3 950 000	775 000	−3 436 000

Income (NOK)	2022	2021	2020	2019
Revenue	169 868 000	153 459 000	136 215 000	85 619 000
Expenditure	147 454 000	145 525 000	130 037 000	82 474 000
Operating Profit	22 413 000	7 933 000	6 179 000	3 145 000
Financial Income	121 000	121 000	133 000	133 000
Financial Costs	294 000	237 000	468 000	345 000
Financial Balance	−173 000	−116 000	−335 000	−212 000
Earnings Before Tax	22 240 000	7 817 000	5 844 000	2 933 000
Tax	5 099 000	1 358 000	755 000	0
Net Income	17 141 000	6 459 000	5 089 000	2 933 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 454 000	1 474 000	1 760 000	2 911 000
Total Current Assets	60 163 000	50 189 000	36 054 000	32 767 000
Total Assets	61 617 000	51 663 000	37 814 000	35 677 000
Total Retained Equity	18 782 000	3 850 000	675 000	−3 536 000
Total Equity	18 882 000	3 950 000	775 000	−3 436 000
Total Long-Term Debt	2 103 000	1 988 000	2 151 000	2 764 000
Total Current Debt	40 632 000	45 724 000	34 889 000	36 349 000
Total Equity and Debt	61 617 000	51 663 000	37 814 000	35 677 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	169 597 000	153 309 000	134 951 000	81 724 000
Other Income	272 000	150 000	1 264 000	3 895 000
Revenue	169 868 000	153 459 000	136 215 000	85 619 000
Cost of Goods Sold	124 532 000	125 359 000	111 425 000	63 735 000
Salary Costs	10 835 000	10 547 000	9 427 000	8 456 000
Depreciation	336 000	576 000	1 151 000	1 473 000
Impairment	0	0	0	0
Expenditure	147 454 000	145 525 000	130 037 000	82 474 000
Operating Profit	22 413 000	7 933 000	6 179 000	3 145 000
Financial Income	121 000	121 000	133 000	133 000
Financial Costs	294 000	237 000	468 000	345 000
Financial Balance	−173 000	−116 000	−335 000	−212 000
Dividends	0	0	0	0
Net Income	17 141 000	6 459 000	5 089 000	2 933 000

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	0	0	0	0
Fixtures	1 454 000	1 474 000	1 760 000	2 911 000
Total Tangible Assets	1 454 000	1 474 000	1 760 000	2 911 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 454 000	1 474 000	1 760 000	2 911 000
Stock	41 647 000	36 593 000	25 286 000	22 568 000
Total Investments	0	0	0	0
Cash, Bank	1 269 000	741 000	943 000	1 354 000
Total Current Assets	60 163 000	50 189 000	36 054 000	32 767 000
Total Assets	61 617 000	51 663 000	37 814 000	35 677 000
Total Equity	18 882 000	3 950 000	775 000	−3 436 000
Short-Term Group Debt	2 833 000	4 226 000	1 200 000	0
Total Long-Term Debt	2 103 000	1 988 000	2 151 000	2 764 000
Creditors	24 864 000	30 670 000	22 950 000	27 825 000
Unpaid Taxes	4 789 000	7 026 000	5 985 000	4 836 000
Dividends	0	0	0	0
Other Current Debt	2 158 000	2 250 000	2 731 000	2 159 000
Total Current Debt	40 632 000	45 724 000	34 889 000	36 349 000
Total Equity and Debt	61 617 000	51 663 000	37 814 000	35 677 000

Financial indicators	2022	2021	2020	2019
Return on Equity	90,78 %	163,52 %	656,65 %	−85,36 %
Debt-to-Equity Ratio	0,11	0,5	2,78	−0,8
Operating Profit Margin	13,19 %	5,17 %	4,54 %	3,67 %
Current Ratio	1,48	1,1	1,03	0,9
Quick Ratio	−59,27	5,5	3,75	2,38
Equity Ratio	0,31	0,08	0,02	−0,1
Gross Profit Margin	26,69 %	18,31 %	18,2 %	25,56 %