VAMEK AS

8250 ROGNAN

Finances

Share Ownership

Return on Equity

32,54 %

Current Ratio

1,68

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 662 000	6 587 000	9 838 000	8 182 000
Net Income	616 000	−548 000	420 000	−328 000
Total Assets	2 379 000	2 558 000	3 321 000	3 135 000
Total Equity	1 893 000	1 277 000	1 825 000	1 405 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 662 000	6 587 000	9 838 000	8 182 000
Expenditure	5 003 000	7 133 000	9 328 000	8 531 000
Operating Profit	658 000	−547 000	510 000	−349 000
Financial Income	0	17 000	13 000	16 000
Financial Costs	16 000	25 000	30 000	42 000
Financial Balance	−16 000	−8 000	−17 000	−26 000
Earnings Before Tax	642 000	−555 000	493 000	−375 000
Tax	27 000	−8 000	73 000	−47 000
Net Income	616 000	−548 000	420 000	−328 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 635 000	846 000	1 161 000	1 625 000
Total Current Assets	744 000	1 713 000	2 159 000	1 510 000
Total Assets	2 379 000	2 558 000	3 321 000	3 135 000
Total Retained Equity	1 680 000	1 064 000	1 612 000	1 192 000
Total Equity	1 893 000	1 277 000	1 825 000	1 405 000
Total Long-Term Debt	43 000	80 000	152 000	225 000
Total Current Debt	443 000	1 201 000	1 344 000	1 505 000
Total Equity and Debt	2 379 000	2 558 000	3 321 000	3 135 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 893 000	6 502 000	9 647 000	8 085 000
Other Income	2 769 000	85 000	192 000	98 000
Revenue	5 662 000	6 587 000	9 838 000	8 182 000
Cost of Goods Sold	1 242 000	1 820 000	3 400 000	2 445 000
Salary Costs	1 320 000	3 113 000	3 264 000	3 176 000
Depreciation	606 000	228 000	254 000	257 000
Impairment	11 000	0	0	0
Expenditure	5 003 000	7 133 000	9 328 000	8 531 000
Operating Profit	658 000	−547 000	510 000	−349 000
Financial Income	0	17 000	13 000	16 000
Financial Costs	16 000	25 000	30 000	42 000
Financial Balance	−16 000	−8 000	−17 000	−26 000
Dividends	0	0	0	0
Net Income	616 000	−548 000	420 000	−328 000

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	53 000	70 000	12 000
Fixtures	1 628 000	680 000	880 000	1 259 000
Total Tangible Assets	1 628 000	733 000	950 000	1 271 000
Total Fiancial Fixed Assets	7 000	113 000	212 000	354 000
Total Fixed Assets	1 635 000	846 000	1 161 000	1 625 000
Stock	73 000	963 000	971 000	959 000
Total Investments	0	0	0	0
Cash, Bank	230 000	91 000	544 000	138 000
Total Current Assets	744 000	1 713 000	2 159 000	1 510 000
Total Assets	2 379 000	2 558 000	3 321 000	3 135 000
Total Equity	1 893 000	1 277 000	1 825 000	1 405 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	43 000	80 000	152 000	225 000
Creditors	126 000	351 000	305 000	239 000
Unpaid Taxes	49 000	215 000	387 000	330 000
Dividends	0	0	0	0
Other Current Debt	268 000	535 000	587 000	576 000
Total Current Debt	443 000	1 201 000	1 344 000	1 505 000
Total Equity and Debt	2 379 000	2 558 000	3 321 000	3 135 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,54 %	−42,91 %	23,01 %	−23,35 %
Debt-to-Equity Ratio	0,02	0,06	0,08	0,16
Operating Profit Margin	11,62 %	−8,3 %	5,18 %	−4,27 %
Current Ratio	1,68	1,43	1,61	1
Quick Ratio	2,01	7,2	5,79	2,77
Equity Ratio	0,8	0,5	0,55	0,45
Gross Profit Margin	78,06 %	72,37 %	65,44 %	70,12 %