VORSET TS AS

3626 ROLLAG

Finances

Return on Equity

18 %

Current Ratio

28,67

Debt-to-Equity Ratio

0,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	939 000	0	2 405 000	849 000
Net Income	171 000	−286 000	811 000	153 000
Total Assets	1 759 000	1 836 000	2 217 000	1 926 000
Total Equity	950 000	779 000	1 065 000	853 000

Income (NOK)	2022	2021	2020	2019
Revenue	939 000	0	2 405 000	849 000
Expenditure	741 000	256 000	1 353 000	623 000
Operating Profit	198 000	−256 000	1 052 000	226 000
Financial Income	6 000	0	1 000	5 000
Financial Costs	33 000	30 000	12 000	35 000
Financial Balance	−27 000	−30 000	−11 000	−30 000
Earnings Before Tax	171 000	−286 000	1 040 000	196 000
Tax	0	0	229 000	43 000
Net Income	171 000	−286 000	811 000	153 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 000	10 000	10 000	10 000
Total Current Assets	1 749 000	1 826 000	2 207 000	1 916 000
Total Assets	1 759 000	1 836 000	2 217 000	1 926 000
Total Retained Equity	850 000	679 000	965 000	753 000
Total Equity	950 000	779 000	1 065 000	853 000
Total Long-Term Debt	748 000	985 000	265 000	916 000
Total Current Debt	61 000	72 000	887 000	157 000
Total Equity and Debt	1 759 000	1 836 000	2 217 000	1 926 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	939 000	0	2 405 000	849 000
Other Income	0	0	0	0
Revenue	939 000	0	2 405 000	849 000
Cost of Goods Sold	638 000	143 000	1 089 000	453 000
Salary Costs	0	0	85 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	741 000	256 000	1 353 000	623 000
Operating Profit	198 000	−256 000	1 052 000	226 000
Financial Income	6 000	0	1 000	5 000
Financial Costs	33 000	30 000	12 000	35 000
Financial Balance	−27 000	−30 000	−11 000	−30 000
Dividends	0	0	0	0
Net Income	171 000	−286 000	811 000	153 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	10 000	10 000	10 000	10 000
Stock	1 400 000	1 603 000	203 000	831 000
Total Investments	0	0	0	0
Cash, Bank	349 000	223 000	1 161 000	242 000
Total Current Assets	1 749 000	1 826 000	2 207 000	1 916 000
Total Assets	1 759 000	1 836 000	2 217 000	1 926 000
Total Equity	950 000	779 000	1 065 000	853 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	748 000	985 000	265 000	916 000
Creditors	15 000	27 000	14 000	4 000
Unpaid Taxes	4 000	4 000	4 000	4 000
Dividends	0	0	0	0
Other Current Debt	41 000	41 000	640 000	106 000
Total Current Debt	61 000	72 000	887 000	157 000
Total Equity and Debt	1 759 000	1 836 000	2 217 000	1 926 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18 %	−36,71 %	76,15 %	17,94 %
Debt-to-Equity Ratio	0,79	1,26	0,25	1,07
Operating Profit Margin	21,09 %	-	43,74 %	26,62 %
Current Ratio	28,67	25,36	2,49	12,2
Quick Ratio	−1,31	−1,19	3,23	−2,84
Equity Ratio	0,54	0,42	0,48	0,44
Gross Profit Margin	32,06 %	-	54,72 %	46,64 %