VHG INNREDNINGER AS

5542 KARMSUND

Finances

Share Ownership

Return on Equity

49,23 %

Current Ratio

1,49

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 881 000	21 689 000	17 681 000	12 985 000
Net Income	1 283 000	847 000	−451 000	175 000
Total Assets	7 423 000	5 765 000	6 325 000	3 444 000
Total Equity	2 606 000	1 323 000	476 000	927 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 881 000	21 689 000	17 681 000	12 985 000
Expenditure	24 220 000	20 606 000	18 237 000	12 751 000
Operating Profit	1 661 000	1 083 000	−556 000	234 000
Financial Income	7 000	18 000	12 000	7 000
Financial Costs	10 000	10 000	29 000	13 000
Financial Balance	−3 000	8 000	−17 000	−6 000
Earnings Before Tax	1 657 000	1 090 000	−573 000	228 000
Tax	374 000	244 000	−122 000	53 000
Net Income	1 283 000	847 000	−451 000	175 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	253 000	255 000	365 000	486 000
Total Current Assets	7 170 000	5 510 000	5 960 000	2 958 000
Total Assets	7 423 000	5 765 000	6 325 000	3 444 000
Total Retained Equity	2 456 000	1 173 000	326 000	777 000
Total Equity	2 606 000	1 323 000	476 000	927 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 817 000	4 442 000	5 848 000	2 516 000
Total Equity and Debt	7 423 000	5 765 000	6 325 000	3 444 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 881 000	21 689 000	17 681 000	12 982 000
Other Income	0	0	0	2 000
Revenue	25 881 000	21 689 000	17 681 000	12 985 000
Cost of Goods Sold	17 453 000	16 286 000	14 185 000	9 037 000
Salary Costs	4 398 000	2 443 000	1 966 000	1 941 000
Depreciation	74 000	113 000	170 000	180 000
Impairment	0	0	0	0
Expenditure	24 220 000	20 606 000	18 237 000	12 751 000
Operating Profit	1 661 000	1 083 000	−556 000	234 000
Financial Income	7 000	18 000	12 000	7 000
Financial Costs	10 000	10 000	29 000	13 000
Financial Balance	−3 000	8 000	−17 000	−6 000
Dividends	0	0	0	0
Net Income	1 283 000	847 000	−451 000	175 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	30 000	27 000	24 000	2 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	178 000	228 000	341 000	484 000
Total Tangible Assets	178 000	228 000	341 000	484 000
Total Fiancial Fixed Assets	45 000	0	0	0
Total Fixed Assets	253 000	255 000	365 000	486 000
Stock	340 000	303 000	439 000	174 000
Total Investments	0	0	0	0
Cash, Bank	389 000	583 000	409 000	549 000
Total Current Assets	7 170 000	5 510 000	5 960 000	2 958 000
Total Assets	7 423 000	5 765 000	6 325 000	3 444 000
Total Equity	2 606 000	1 323 000	476 000	927 000
Short-Term Group Debt	0	0	500 000	0
Total Long-Term Debt	0	0	0	0
Creditors	2 615 000	2 819 000	4 820 000	1 640 000
Unpaid Taxes	930 000	341 000	282 000	289 000
Dividends	0	0	0	0
Other Current Debt	758 000	946 000	247 000	514 000
Total Current Debt	4 817 000	4 442 000	5 848 000	2 516 000
Total Equity and Debt	7 423 000	5 765 000	6 325 000	3 444 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,23 %	64,02 %	−94,75 %	18,88 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,42 %	4,99 %	−3,14 %	1,8 %
Current Ratio	1,49	1,24	1,02	1,18
Quick Ratio	1,6	1,33	1,1	1,26
Equity Ratio	0,35	0,23	0,08	0,27
Gross Profit Margin	32,56 %	24,91 %	19,77 %	30,4 %