VSP AS

6018 ÅLESUND

Finances

Share Ownership

Return on Equity

20,56 %

Current Ratio

1,77

Debt-to-Equity Ratio

7,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 279 000	20 259 000	18 427 000	21 040 000
Net Income	235 000	−89 000	−2 332 000	879 000
Total Assets	15 176 000	17 389 000	14 027 000	16 205 000
Total Equity	1 143 000	908 000	997 000	3 328 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 279 000	20 259 000	18 427 000	21 040 000
Expenditure	16 327 000	19 517 000	20 591 000	19 553 000
Operating Profit	952 000	741 000	−2 164 000	1 487 000
Financial Income	123 000	51 000	30 000	37 000
Financial Costs	628 000	782 000	858 000	399 000
Financial Balance	−505 000	−731 000	−828 000	−362 000
Earnings Before Tax	447 000	9 000	−2 993 000	1 125 000
Tax	212 000	98 000	−661 000	246 000
Net Income	235 000	−89 000	−2 332 000	879 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 217 000	5 284 000	4 890 000	4 670 000
Total Current Assets	8 959 000	12 104 000	9 136 000	11 535 000
Total Assets	15 176 000	17 389 000	14 027 000	16 205 000
Total Retained Equity	1 043 000	808 000	897 000	3 228 000
Total Equity	1 143 000	908 000	997 000	3 328 000
Total Long-Term Debt	8 971 000	9 102 000	8 054 000	3 144 000
Total Current Debt	5 062 000	7 379 000	4 975 000	9 732 000
Total Equity and Debt	15 176 000	17 389 000	14 027 000	16 205 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 281 000	20 420 000	18 135 000	21 326 000
Other Income	−2 000	−161 000	292 000	−285 000
Revenue	17 279 000	20 259 000	18 427 000	21 040 000
Cost of Goods Sold	5 142 000	7 324 000	9 643 000	9 301 000
Salary Costs	4 835 000	6 388 000	5 943 000	5 619 000
Depreciation	1 905 000	1 404 000	1 184 000	833 000
Impairment	0	0	0	0
Expenditure	16 327 000	19 517 000	20 591 000	19 553 000
Operating Profit	952 000	741 000	−2 164 000	1 487 000
Financial Income	123 000	51 000	30 000	37 000
Financial Costs	628 000	782 000	858 000	399 000
Financial Balance	−505 000	−731 000	−828 000	−362 000
Dividends	0	0	0	0
Net Income	235 000	−89 000	−2 332 000	879 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 397 000	4 009 000	3 017 000	3 200 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	817 000	1 206 000	1 786 000	1 339 000
Total Tangible Assets	817 000	1 206 000	1 786 000	1 339 000
Total Fiancial Fixed Assets	3 000	69 000	87 000	131 000
Total Fixed Assets	6 217 000	5 284 000	4 890 000	4 670 000
Stock	1 399 000	1 458 000	1 130 000	1 468 000
Total Investments	0	0	0	0
Cash, Bank	108 000	537 000	37 000	383 000
Total Current Assets	8 959 000	12 104 000	9 136 000	11 535 000
Total Assets	15 176 000	17 389 000	14 027 000	16 205 000
Total Equity	1 143 000	908 000	997 000	3 328 000
Short-Term Group Debt	0	520 000	16 000	16 000
Total Long-Term Debt	8 971 000	9 102 000	8 054 000	3 144 000
Creditors	1 193 000	1 841 000	696 000	1 566 000
Unpaid Taxes	975 000	2 481 000	1 393 000	3 042 000
Dividends	0	0	0	0
Other Current Debt	849 000	926 000	1 080 000	1 786 000
Total Current Debt	5 062 000	7 379 000	4 975 000	9 732 000
Total Equity and Debt	15 176 000	17 389 000	14 027 000	16 205 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,56 %	−9,8 %	−233,9 %	26,41 %
Debt-to-Equity Ratio	7,85	10,02	8,08	0,94
Operating Profit Margin	5,51 %	3,66 %	−11,74 %	7,07 %
Current Ratio	1,77	1,64	1,84	1,19
Quick Ratio	2,45	2,04	2,38	1,4
Equity Ratio	0,08	0,05	0,07	0,21
Gross Profit Margin	70,24 %	63,85 %	47,67 %	55,79 %