BRØDRENE VATNE AS

4900 TVEDESTRAND

Finances

Return on Equity

40,12 %

Current Ratio

2,88

Debt-to-Equity Ratio

0,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 060 000	17 680 000	13 903 000	11 878 000
Net Income	2 722 000	1 712 000	907 000	437 000
Total Assets	13 257 000	10 049 000	9 754 000	8 278 000
Total Equity	6 785 000	4 063 000	6 703 000	5 795 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 060 000	17 680 000	13 903 000	11 878 000
Expenditure	15 488 000	15 452 000	12 828 000	11 321 000
Operating Profit	3 571 000	2 228 000	1 075 000	558 000
Financial Income	21 000	31 000	73 000	9 000
Financial Costs	102 000	70 000	2 000	2 000
Financial Balance	−81 000	−39 000	71 000	7 000
Earnings Before Tax	3 489 000	2 190 000	1 145 000	564 000
Tax	768 000	477 000	238 000	127 000
Net Income	2 722 000	1 712 000	907 000	437 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	264 000	238 000	104 000	136 000
Total Current Assets	12 993 000	9 811 000	9 650 000	8 141 000
Total Assets	13 257 000	10 049 000	9 754 000	8 278 000
Total Retained Equity	6 752 000	4 030 000	6 603 000	5 695 000
Total Equity	6 785 000	4 063 000	6 703 000	5 795 000
Total Long-Term Debt	1 953 000	2 266 000	0	0
Total Current Debt	4 519 000	3 720 000	3 051 000	2 483 000
Total Equity and Debt	13 257 000	10 049 000	9 754 000	8 278 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 060 000	17 670 000	13 848 000	11 783 000
Other Income	0	11 000	55 000	95 000
Revenue	19 060 000	17 680 000	13 903 000	11 878 000
Cost of Goods Sold	7 335 000	7 253 000	5 623 000	4 332 000
Salary Costs	6 621 000	5 845 000	5 615 000	5 490 000
Depreciation	21 000	49 000	40 000	51 000
Impairment	0	0	0	0
Expenditure	15 488 000	15 452 000	12 828 000	11 321 000
Operating Profit	3 571 000	2 228 000	1 075 000	558 000
Financial Income	21 000	31 000	73 000	9 000
Financial Costs	102 000	70 000	2 000	2 000
Financial Balance	−81 000	−39 000	71 000	7 000
Dividends	0	0	0	0
Net Income	2 722 000	1 712 000	907 000	437 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	82 000	159 000	66 000	52 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	161 000	0	0	0
Fixtures	0	58 000	37 000	77 000
Total Tangible Assets	161 000	58 000	37 000	77 000
Total Fiancial Fixed Assets	21 000	21 000	1 000	7 000
Total Fixed Assets	264 000	238 000	104 000	136 000
Stock	1 552 000	1 210 000	1 219 000	1 179 000
Total Investments	0	0	0	0
Cash, Bank	4 682 000	2 127 000	3 763 000	3 314 000
Total Current Assets	12 993 000	9 811 000	9 650 000	8 141 000
Total Assets	13 257 000	10 049 000	9 754 000	8 278 000
Total Equity	6 785 000	4 063 000	6 703 000	5 795 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 953 000	2 266 000	0	0
Creditors	1 403 000	953 000	925 000	519 000
Unpaid Taxes	1 797 000	1 379 000	869 000	920 000
Dividends	0	0	0	0
Other Current Debt	627 000	819 000	1 006 000	937 000
Total Current Debt	4 519 000	3 720 000	3 051 000	2 483 000
Total Equity and Debt	13 257 000	10 049 000	9 754 000	8 278 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,12 %	42,14 %	13,53 %	7,54 %
Debt-to-Equity Ratio	0,29	0,56	0	0
Operating Profit Margin	18,74 %	12,6 %	7,73 %	4,7 %
Current Ratio	2,88	2,64	3,16	3,28
Quick Ratio	4,38	3,91	5,27	6,24
Equity Ratio	0,51	0,4	0,69	0,7
Gross Profit Margin	61,52 %	58,98 %	59,56 %	63,53 %