VÅRVIK OG WIIG AS

7093 TILLER

Finances

Share Ownership

Return on Equity

27,5 %

Current Ratio

1,7

Debt-to-Equity Ratio

0,91

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 889 000	8 996 000	8 284 000	7 769 000
Net Income	519 000	500 000	232 000	476 000
Total Assets	5 430 000	4 383 000	4 621 000	4 635 000
Total Equity	1 887 000	1 568 000	1 268 000	1 136 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 889 000	8 996 000	8 284 000	7 769 000
Expenditure	9 202 000	8 329 000	7 955 000	7 137 000
Operating Profit	687 000	667 000	329 000	632 000
Financial Income	0	0	0	1 000
Financial Costs	21 000	24 000	30 000	20 000
Financial Balance	−21 000	−24 000	−30 000	−19 000
Earnings Before Tax	666 000	643 000	299 000	612 000
Tax	147 000	144 000	66 000	136 000
Net Income	519 000	500 000	232 000	476 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 326 000	989 000	1 132 000	1 562 000
Total Current Assets	3 104 000	3 394 000	3 489 000	3 074 000
Total Assets	5 430 000	4 383 000	4 621 000	4 635 000
Total Retained Equity	1 787 000	1 468 000	1 168 000	1 036 000
Total Equity	1 887 000	1 568 000	1 268 000	1 136 000
Total Long-Term Debt	1 712 000	392 000	714 000	1 039 000
Total Current Debt	1 831 000	2 423 000	2 638 000	2 460 000
Total Equity and Debt	5 430 000	4 383 000	4 621 000	4 635 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 337 000	8 635 000	8 284 000	7 769 000
Other Income	552 000	361 000	0	0
Revenue	9 889 000	8 996 000	8 284 000	7 769 000
Cost of Goods Sold	3 744 000	3 445 000	2 747 000	2 592 000
Salary Costs	3 455 000	3 168 000	3 789 000	3 069 000
Depreciation	689 000	507 000	463 000	452 000
Impairment	0	0	0	0
Expenditure	9 202 000	8 329 000	7 955 000	7 137 000
Operating Profit	687 000	667 000	329 000	632 000
Financial Income	0	0	0	1 000
Financial Costs	21 000	24 000	30 000	20 000
Financial Balance	−21 000	−24 000	−30 000	−19 000
Dividends	200 000	200 000	100 000	100 000
Net Income	519 000	500 000	232 000	476 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	16 000	34 000	0
Real Eastate	33 000	64 000	106 000	147 000
Machinery and Plant Facilities	406 000	51 000	128 000	205 000
Fixtures	1 886 000	858 000	864 000	1 209 000
Total Tangible Assets	2 326 000	973 000	1 098 000	1 562 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 326 000	989 000	1 132 000	1 562 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 300 000	1 751 000	1 612 000	850 000
Total Current Assets	3 104 000	3 394 000	3 489 000	3 074 000
Total Assets	5 430 000	4 383 000	4 621 000	4 635 000
Total Equity	1 887 000	1 568 000	1 268 000	1 136 000
Short-Term Group Debt	88 000	3 000	34 000	610 000
Total Long-Term Debt	1 712 000	392 000	714 000	1 039 000
Creditors	521 000	1 043 000	1 219 000	391 000
Unpaid Taxes	505 000	628 000	642 000	595 000
Dividends	200 000	200 000	100 000	100 000
Other Current Debt	450 000	423 000	538 000	608 000
Total Current Debt	1 831 000	2 423 000	2 638 000	2 460 000
Total Equity and Debt	5 430 000	4 383 000	4 621 000	4 635 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,5 %	31,89 %	18,3 %	41,9 %
Debt-to-Equity Ratio	0,91	0,25	0,56	0,91
Operating Profit Margin	6,95 %	7,41 %	3,97 %	8,13 %
Current Ratio	1,7	1,4	1,32	1,25
Quick Ratio	1,7	1,4	1,32	1,25
Equity Ratio	0,35	0,36	0,27	0,25
Gross Profit Margin	62,14 %	61,71 %	66,84 %	66,64 %