VAD AS

6250 STORDAL

Finances

Return on Equity

111,15 %

Current Ratio

0,72

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 092 000	22 928 000	21 561 000	28 060 000
Net Income	−3 231 000	2 365 000	−1 759 000	−537 000
Total Assets	8 027 000	11 370 000	10 997 000	14 336 000
Total Equity	−2 907 000	324 000	−2 040 000	−297 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 092 000	22 928 000	21 561 000	28 060 000
Expenditure	20 326 000	20 679 000	22 738 000	28 245 000
Operating Profit	−233 000	2 251 000	−1 176 000	−185 000
Financial Income	108 000	507 000	341 000	321 000
Financial Costs	1 064 000	394 000	924 000	673 000
Financial Balance	−956 000	113 000	−583 000	−352 000
Earnings Before Tax	−1 190 000	2 363 000	−1 759 000	−537 000
Tax	2 042 000	−1 000	0	0
Net Income	−3 231 000	2 365 000	−1 759 000	−537 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	128 000	2 192 000	2 376 000	2 779 000
Total Current Assets	7 900 000	9 178 000	8 621 000	11 558 000
Total Assets	8 027 000	11 370 000	10 997 000	14 336 000
Total Retained Equity	−5 107 000	−1 876 000	−4 240 000	−2 497 000
Total Equity	−2 907 000	324 000	−2 040 000	−297 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	10 934 000	11 046 000	13 038 000	14 633 000
Total Equity and Debt	8 027 000	11 370 000	10 997 000	14 336 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 092 000	22 834 000	21 481 000	28 060 000
Other Income	0	94 000	79 000	0
Revenue	20 092 000	22 928 000	21 561 000	28 060 000
Cost of Goods Sold	10 225 000	11 562 000	12 858 000	14 189 000
Salary Costs	5 866 000	4 951 000	5 439 000	7 635 000
Depreciation	23 000	135 000	248 000	255 000
Impairment	0	0	0	0
Expenditure	20 326 000	20 679 000	22 738 000	28 245 000
Operating Profit	−233 000	2 251 000	−1 176 000	−185 000
Financial Income	108 000	507 000	341 000	321 000
Financial Costs	1 064 000	394 000	924 000	673 000
Financial Balance	−956 000	113 000	−583 000	−352 000
Dividends	0	0	0	0
Net Income	−3 231 000	2 365 000	−1 759 000	−537 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 000	2 057 000	2 196 000	2 342 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	32 000	75 000
Fixtures	0	15 000	108 000	168 000
Total Tangible Assets	0	15 000	140 000	242 000
Total Fiancial Fixed Assets	120 000	120 000	40 000	195 000
Total Fixed Assets	128 000	2 192 000	2 376 000	2 779 000
Stock	1 037 000	1 139 000	1 103 000	2 110 000
Total Investments	0	0	0	0
Cash, Bank	222 000	181 000	195 000	250 000
Total Current Assets	7 900 000	9 178 000	8 621 000	11 558 000
Total Assets	8 027 000	11 370 000	10 997 000	14 336 000
Total Equity	−2 907 000	324 000	−2 040 000	−297 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 524 000	3 842 000	5 808 000	6 199 000
Unpaid Taxes	1 886 000	2 480 000	2 380 000	1 896 000
Dividends	0	0	0	0
Other Current Debt	802 000	570 000	3 617 000	4 721 000
Total Current Debt	10 934 000	11 046 000	13 038 000	14 633 000
Total Equity and Debt	8 027 000	11 370 000	10 997 000	14 336 000

Financial indicators	2022	2021	2020	2019
Return on Equity	111,15 %	729,94 %	86,23 %	180,81 %
Debt-to-Equity Ratio	−0	0	−0	−0
Operating Profit Margin	−1,16 %	9,82 %	−5,45 %	−0,66 %
Current Ratio	0,72	0,83	0,66	0,79
Quick Ratio	0,8	0,93	0,72	0,92
Equity Ratio	−0,36	0,03	−0,19	−0,02
Gross Profit Margin	49,11 %	49,57 %	40,36 %	49,43 %