VENDO AS

3126 TØNSBERG

Finances

Return on Equity

37,8 %

Current Ratio

1,72

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 040 000	5 373 000	5 456 000	5 258 000
Net Income	561 000	486 000	655 000	518 000
Total Assets	3 510 000	3 130 000	3 315 000	2 632 000
Total Equity	1 484 000	1 974 000	1 826 000	1 493 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 040 000	5 373 000	5 456 000	5 258 000
Expenditure	4 490 000	4 875 000	4 637 000	4 703 000
Operating Profit	550 000	497 000	819 000	554 000
Financial Income	14 000	0	3 000	3 000
Financial Costs	2 000	10 000	0	1 000
Financial Balance	12 000	−10 000	3 000	2 000
Earnings Before Tax	561 000	486 000	821 000	555 000
Tax	0	0	166 000	38 000
Net Income	561 000	486 000	655 000	518 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 000	9 000	18 000	52 000
Total Current Assets	3 486 000	3 122 000	3 297 000	2 580 000
Total Assets	3 510 000	3 130 000	3 315 000	2 632 000
Total Retained Equity	988 000	1 478 000	1 333 000	1 003 000
Total Equity	1 484 000	1 974 000	1 826 000	1 493 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 026 000	1 156 000	1 489 000	1 139 000
Total Equity and Debt	3 510 000	3 130 000	3 315 000	2 632 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 040 000	5 183 000	5 345 000	5 258 000
Other Income	0	189 000	111 000	0
Revenue	5 040 000	5 373 000	5 456 000	5 258 000
Cost of Goods Sold	0	0	0	441 000
Salary Costs	3 541 000	3 624 000	3 305 000	3 345 000
Depreciation	8 000	9 000	34 000	30 000
Impairment	0	0	0	0
Expenditure	4 490 000	4 875 000	4 637 000	4 703 000
Operating Profit	550 000	497 000	819 000	554 000
Financial Income	14 000	0	3 000	3 000
Financial Costs	2 000	10 000	0	1 000
Financial Balance	12 000	−10 000	3 000	2 000
Dividends	1 051 000	350 000	350 000	292 000
Net Income	561 000	486 000	655 000	518 000

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	0	0	0
Fixtures	22 000	7 000	16 000	50 000
Total Tangible Assets	22 000	7 000	16 000	50 000
Total Fiancial Fixed Assets	2 000	2 000	2 000	2 000
Total Fixed Assets	24 000	9 000	18 000	52 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	761 000	157 000	810 000	565 000
Total Current Assets	3 486 000	3 122 000	3 297 000	2 580 000
Total Assets	3 510 000	3 130 000	3 315 000	2 632 000
Total Equity	1 484 000	1 974 000	1 826 000	1 493 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	148 000	53 000	35 000	34 000
Unpaid Taxes	334 000	283 000	285 000	333 000
Dividends	1 051 000	350 000	350 000	292 000
Other Current Debt	493 000	471 000	653 000	443 000
Total Current Debt	2 026 000	1 156 000	1 489 000	1 139 000
Total Equity and Debt	3 510 000	3 130 000	3 315 000	2 632 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,8 %	24,62 %	35,87 %	34,7 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,91 %	9,25 %	15,01 %	10,54 %
Current Ratio	1,72	2,7	2,21	2,27
Quick Ratio	1,72	2,7	2,21	2,27
Equity Ratio	0,42	0,63	0,55	0,57
Gross Profit Margin	100 %	100 %	100 %	91,61 %