VINSNESBAKK ELEKTRO AS

7387 SINGSÅS

Finances

Return on Equity

1,36 %

Current Ratio

2,71

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 489 000	4 509 000	4 550 000	3 695 000
Net Income	39 000	371 000	550 000	−44 000
Total Assets	4 440 000	4 176 000	3 793 000	2 876 000
Total Equity	2 874 000	2 835 000	2 464 000	2 114 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 489 000	4 509 000	4 550 000	3 695 000
Expenditure	4 410 000	4 021 000	3 838 000	3 752 000
Operating Profit	79 000	488 000	711 000	−56 000
Financial Income	8 000	0	1 000	4 000
Financial Costs	30 000	12 000	7 000	5 000
Financial Balance	−22 000	−12 000	−6 000	−1 000
Earnings Before Tax	58 000	475 000	705 000	−57 000
Tax	18 000	105 000	155 000	−12 000
Net Income	39 000	371 000	550 000	−44 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	300 000	403 000	312 000	355 000
Total Current Assets	4 140 000	3 773 000	3 481 000	2 521 000
Total Assets	4 440 000	4 176 000	3 793 000	2 876 000
Total Retained Equity	2 774 000	2 734 000	2 364 000	2 013 000
Total Equity	2 874 000	2 835 000	2 464 000	2 114 000
Total Long-Term Debt	38 000	51 000	58 000	15 000
Total Current Debt	1 528 000	1 290 000	1 271 000	747 000
Total Equity and Debt	4 440 000	4 176 000	3 793 000	2 876 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 488 000	4 463 000	4 411 000	3 530 000
Other Income	0	46 000	139 000	165 000
Revenue	4 489 000	4 509 000	4 550 000	3 695 000
Cost of Goods Sold	1 839 000	1 488 000	1 372 000	1 542 000
Salary Costs	1 690 000	1 753 000	1 608 000	1 513 000
Depreciation	54 000	51 000	30 000	60 000
Impairment	0	0	0	0
Expenditure	4 410 000	4 021 000	3 838 000	3 752 000
Operating Profit	79 000	488 000	711 000	−56 000
Financial Income	8 000	0	1 000	4 000
Financial Costs	30 000	12 000	7 000	5 000
Financial Balance	−22 000	−12 000	−6 000	−1 000
Dividends	0	0	200 000	0
Net Income	39 000	371 000	550 000	−44 000

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	90 000	118 000	0	0
Fixtures	211 000	236 000	264 000	325 000
Total Tangible Assets	300 000	354 000	264 000	325 000
Total Fiancial Fixed Assets	0	49 000	49 000	30 000
Total Fixed Assets	300 000	403 000	312 000	355 000
Stock	353 000	316 000	283 000	212 000
Total Investments	1 000	1 000	1 000	1 000
Cash, Bank	764 000	1 237 000	804 000	640 000
Total Current Assets	4 140 000	3 773 000	3 481 000	2 521 000
Total Assets	4 440 000	4 176 000	3 793 000	2 876 000
Total Equity	2 874 000	2 835 000	2 464 000	2 114 000
Short-Term Group Debt	0	0	24 000	0
Total Long-Term Debt	38 000	51 000	58 000	15 000
Creditors	596 000	369 000	254 000	243 000
Unpaid Taxes	749 000	656 000	564 000	381 000
Dividends	0	0	200 000	0
Other Current Debt	152 000	153 000	122 000	124 000
Total Current Debt	1 528 000	1 290 000	1 271 000	747 000
Total Equity and Debt	4 440 000	4 176 000	3 793 000	2 876 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,36 %	13,09 %	22,32 %	−2,08 %
Debt-to-Equity Ratio	0,01	0,02	0,02	0,01
Operating Profit Margin	1,76 %	10,82 %	15,63 %	−1,52 %
Current Ratio	2,71	2,92	2,74	3,37
Quick Ratio	3,52	3,87	3,52	4,71
Equity Ratio	0,65	0,68	0,65	0,74
Gross Profit Margin	59,03 %	67 %	69,85 %	58,27 %