VA SYSTEMER AS

2680 VÅGÅ

Finances

Share Ownership

Return on Equity

25,36 %

Current Ratio

6,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 472 000	11 560 000	9 573 000	7 405 000
Net Income	2 343 000	118 000	1 468 000	−81 000
Total Assets	10 769 000	8 126 000	9 924 000	8 476 000
Total Equity	9 239 000	6 896 000	8 818 000	7 554 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 472 000	11 560 000	9 573 000	7 405 000
Expenditure	7 458 000	11 407 000	7 703 000	7 512 000
Operating Profit	3 014 000	155 000	1 869 000	−107 000
Financial Income	11 000	4 000	15 000	5 000
Financial Costs	1 000	0	0	1 000
Financial Balance	10 000	4 000	15 000	4 000
Earnings Before Tax	3 023 000	159 000	1 883 000	−103 000
Tax	680 000	40 000	415 000	−22 000
Net Income	2 343 000	118 000	1 468 000	−81 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	454 000	602 000	248 000	356 000
Total Current Assets	10 315 000	7 523 000	9 676 000	8 119 000
Total Assets	10 769 000	8 126 000	9 924 000	8 476 000
Total Retained Equity	9 137 000	6 794 000	8 716 000	7 452 000
Total Equity	9 239 000	6 896 000	8 818 000	7 554 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 530 000	1 229 000	1 106 000	922 000
Total Equity and Debt	10 769 000	8 126 000	9 924 000	8 476 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 398 000	11 540 000	9 573 000	7 405 000
Other Income	74 000	20 000	0	0
Revenue	10 472 000	11 560 000	9 573 000	7 405 000
Cost of Goods Sold	2 593 000	6 686 000	3 813 000	3 243 000
Salary Costs	2 739 000	2 690 000	2 236 000	2 505 000
Depreciation	183 000	142 000	85 000	77 000
Impairment	0	0	0	0
Expenditure	7 458 000	11 407 000	7 703 000	7 512 000
Operating Profit	3 014 000	155 000	1 869 000	−107 000
Financial Income	11 000	4 000	15 000	5 000
Financial Costs	1 000	0	0	1 000
Financial Balance	10 000	4 000	15 000	4 000
Dividends	0	2 040 000	204 000	0
Net Income	2 343 000	118 000	1 468 000	−81 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	13 000	36 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	404 000	537 000	0	0
Fixtures	50 000	65 000	235 000	320 000
Total Tangible Assets	454 000	602 000	235 000	320 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	454 000	602 000	248 000	356 000
Stock	6 557 000	4 981 000	5 443 000	5 175 000
Total Investments	0	0	0	0
Cash, Bank	2 596 000	1 203 000	3 879 000	2 149 000
Total Current Assets	10 315 000	7 523 000	9 676 000	8 119 000
Total Assets	10 769 000	8 126 000	9 924 000	8 476 000
Total Equity	9 239 000	6 896 000	8 818 000	7 554 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	309 000	494 000	349 000	349 000
Unpaid Taxes	227 000	423 000	117 000	281 000
Dividends	0	2 040 000	204 000	0
Other Current Debt	314 000	285 000	247 000	292 000
Total Current Debt	1 530 000	1 229 000	1 106 000	922 000
Total Equity and Debt	10 769 000	8 126 000	9 924 000	8 476 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,36 %	1,71 %	16,65 %	−1,07 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	28,78 %	1,34 %	19,52 %	−1,44 %
Current Ratio	6,74	6,12	8,75	8,81
Quick Ratio	−2,05	−2,01	−2,23	−1,91
Equity Ratio	0,86	0,85	0,89	0,89
Gross Profit Margin	75,24 %	42,16 %	60,17 %	56,21 %