VEDAVÅGEN RØR AS

4276 VEAVÅGEN

Finances

Share Ownership

Return on Equity

11,11 %

Current Ratio

2,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 412 000	25 090 000	21 800 000	21 598 000
Net Income	641 000	756 000	−52 000	−460 000
Total Assets	9 981 000	9 614 000	8 036 000	7 484 000
Total Equity	5 770 000	5 206 000	4 450 000	4 279 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 412 000	25 090 000	21 800 000	21 598 000
Expenditure	27 999 000	24 144 000	21 893 000	22 226 000
Operating Profit	412 000	947 000	−94 000	−629 000
Financial Income	385 000	23 000	29 000	49 000
Financial Costs	61 000	3 000	3 000	9 000
Financial Balance	324 000	20 000	26 000	40 000
Earnings Before Tax	736 000	967 000	−68 000	−589 000
Tax	94 000	210 000	−16 000	−129 000
Net Income	641 000	756 000	−52 000	−460 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 296 000	1 732 000	1 464 000	1 511 000
Total Current Assets	8 685 000	7 882 000	6 572 000	5 973 000
Total Assets	9 981 000	9 614 000	8 036 000	7 484 000
Total Retained Equity	5 020 000	4 456 000	3 700 000	3 752 000
Total Equity	5 770 000	5 206 000	4 450 000	4 279 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 211 000	4 408 000	3 586 000	3 205 000
Total Equity and Debt	9 981 000	9 614 000	8 036 000	7 484 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 412 000	25 084 000	21 800 000	21 422 000
Other Income	0	5 000	0	176 000
Revenue	28 412 000	25 090 000	21 800 000	21 598 000
Cost of Goods Sold	15 166 000	11 790 000	10 166 000	9 537 000
Salary Costs	8 785 000	8 617 000	8 107 000	8 576 000
Depreciation	60 000	46 000	21 000	23 000
Impairment	0	0	0	0
Expenditure	27 999 000	24 144 000	21 893 000	22 226 000
Operating Profit	412 000	947 000	−94 000	−629 000
Financial Income	385 000	23 000	29 000	49 000
Financial Costs	61 000	3 000	3 000	9 000
Financial Balance	324 000	20 000	26 000	40 000
Dividends	0	0	0	0
Net Income	641 000	756 000	−52 000	−460 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	31 000	23 000	23 000	69 000
Real Eastate	990 000	990 000	990 000	990 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	275 000	335 000	67 000	68 000
Total Tangible Assets	1 265 000	1 325 000	1 057 000	1 058 000
Total Fiancial Fixed Assets	0	384 000	384 000	384 000
Total Fixed Assets	1 296 000	1 732 000	1 464 000	1 511 000
Stock	1 826 000	1 743 000	1 478 000	1 411 000
Total Investments	0	56 000	56 000	56 000
Cash, Bank	1 555 000	1 572 000	1 454 000	1 524 000
Total Current Assets	8 685 000	7 882 000	6 572 000	5 973 000
Total Assets	9 981 000	9 614 000	8 036 000	7 484 000
Total Equity	5 770 000	5 206 000	4 450 000	4 279 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 209 000	2 388 000	1 829 000	1 316 000
Unpaid Taxes	961 000	990 000	994 000	1 098 000
Dividends	0	0	0	0
Other Current Debt	961 000	819 000	763 000	792 000
Total Current Debt	4 211 000	4 408 000	3 586 000	3 205 000
Total Equity and Debt	9 981 000	9 614 000	8 036 000	7 484 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,11 %	14,52 %	−1,17 %	−10,75 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,45 %	3,77 %	−0,43 %	−2,91 %
Current Ratio	2,06	1,79	1,83	1,86
Quick Ratio	3,64	2,96	3,12	3,33
Equity Ratio	0,58	0,54	0,55	0,57
Gross Profit Margin	46,62 %	53,01 %	53,37 %	55,84 %