VATNE MØBLER AS

6265 VATNE

Finances

Share Ownership

Return on Equity

−5,38 %

Current Ratio

6,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 463 000	5 954 000	3 244 000	3 301 000
Net Income	−89 000	1 726 000	381 000	432 000
Total Assets	1 894 000	3 738 000	2 788 000	2 578 000
Total Equity	1 654 000	1 743 000	1 142 000	761 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 463 000	5 954 000	3 244 000	3 301 000
Expenditure	1 430 000	3 819 000	2 813 000	2 834 000
Operating Profit	−87 000	2 135 000	431 000	496 000
Financial Income	0	6 000	4 000	1 000
Financial Costs	2 000	30 000	54 000	65 000
Financial Balance	−2 000	−24 000	−50 000	−64 000
Earnings Before Tax	−89 000	2 111 000	381 000	432 000
Tax	0	385 000	0	0
Net Income	−89 000	1 726 000	381 000	432 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	444 000	492 000	453 000	476 000
Total Current Assets	1 450 000	3 247 000	2 335 000	2 103 000
Total Assets	1 894 000	3 738 000	2 788 000	2 578 000
Total Retained Equity	654 000	743 000	142 000	−239 000
Total Equity	1 654 000	1 743 000	1 142 000	761 000
Total Long-Term Debt	0	0	1 196 000	1 334 000
Total Current Debt	240 000	1 995 000	450 000	483 000
Total Equity and Debt	1 894 000	3 738 000	2 788 000	2 578 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 465 000	5 954 000	3 231 000	3 301 000
Other Income	−2 000	0	13 000	0
Revenue	1 463 000	5 954 000	3 244 000	3 301 000
Cost of Goods Sold	472 000	2 353 000	1 486 000	1 524 000
Salary Costs	669 000	1 078 000	845 000	757 000
Depreciation	47 000	49 000	40 000	38 000
Impairment	0	0	0	0
Expenditure	1 430 000	3 819 000	2 813 000	2 834 000
Operating Profit	−87 000	2 135 000	431 000	496 000
Financial Income	0	6 000	4 000	1 000
Financial Costs	2 000	30 000	54 000	65 000
Financial Balance	−2 000	−24 000	−50 000	−64 000
Dividends	0	1 125 000	0	0
Net Income	−89 000	1 726 000	381 000	432 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	404 000	440 000	436 000	468 000
Machinery and Plant Facilities	40 000	0	0	0
Fixtures	0	52 000	16 000	8 000
Total Tangible Assets	444 000	492 000	453 000	476 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	444 000	492 000	453 000	476 000
Stock	203 000	322 000	916 000	838 000
Total Investments	0	0	0	0
Cash, Bank	1 013 000	2 660 000	913 000	869 000
Total Current Assets	1 450 000	3 247 000	2 335 000	2 103 000
Total Assets	1 894 000	3 738 000	2 788 000	2 578 000
Total Equity	1 654 000	1 743 000	1 142 000	761 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 196 000	1 334 000
Creditors	65 000	205 000	122 000	192 000
Unpaid Taxes	106 000	166 000	197 000	149 000
Dividends	0	1 125 000	0	0
Other Current Debt	69 000	115 000	132 000	142 000
Total Current Debt	240 000	1 995 000	450 000	483 000
Total Equity and Debt	1 894 000	3 738 000	2 788 000	2 578 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,38 %	99,02 %	33,36 %	56,77 %
Debt-to-Equity Ratio	0	0	1,05	1,75
Operating Profit Margin	−5,95 %	35,86 %	13,29 %	15,03 %
Current Ratio	6,04	1,63	5,19	4,35
Quick Ratio	39,19	1,94	−5,01	−5,92
Equity Ratio	0,87	0,47	0,41	0,3
Gross Profit Margin	67,74 %	60,48 %	54,19 %	53,83 %