VØRINGSFOSS EIGEDOM AS

5785 VØRINGSFOSS

Finances

Share Ownership

Return on Equity

76,2 %

Current Ratio

2,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 397 000	1 166 000	1 086 000	1 177 000
Net Income	759 000	302 000	325 000	213 000
Total Assets	1 530 000	1 429 000	1 508 000	1 636 000
Total Equity	996 000	1 258 000	955 000	630 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 397 000	1 166 000	1 086 000	1 177 000
Expenditure	934 000	218 000	212 000	569 000
Operating Profit	981 000	396 000	464 000	332 000
Financial Income	1 000	2 000	0	0
Financial Costs	9 000	11 000	47 000	59 000
Financial Balance	−8 000	−9 000	−47 000	−59 000
Earnings Before Tax	973 000	387 000	417 000	273 000
Tax	214 000	85 000	92 000	60 000
Net Income	759 000	302 000	325 000	213 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 000	0	0	0
Total Current Assets	1 511 000	1 429 000	1 508 000	1 636 000
Total Assets	1 530 000	1 429 000	1 508 000	1 636 000
Total Retained Equity	896 000	1 158 000	855 000	530 000
Total Equity	996 000	1 258 000	955 000	630 000
Total Long-Term Debt	1 000	0	400 000	860 000
Total Current Debt	533 000	172 000	152 000	146 000
Total Equity and Debt	1 530 000	1 429 000	1 508 000	1 636 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 339 000	1 141 000	1 036 000	1 177 000
Other Income	58 000	25 000	50 000	0
Revenue	2 397 000	1 166 000	1 086 000	1 177 000
Cost of Goods Sold	0	0	0	0
Salary Costs	750 000	168 000	146 000	491 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	934 000	218 000	212 000	569 000
Operating Profit	981 000	396 000	464 000	332 000
Financial Income	1 000	2 000	0	0
Financial Costs	9 000	11 000	47 000	59 000
Financial Balance	−8 000	−9 000	−47 000	−59 000
Dividends	1 020 000	0	0	0
Net Income	759 000	302 000	325 000	213 000

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	19 000	0	0	0
Total Tangible Assets	19 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	19 000	0	0	0
Stock	931 000	1 281 000	1 397 000	1 630 000
Total Investments	0	0	0	0
Cash, Bank	578 000	84 000	110 000	4 000
Total Current Assets	1 511 000	1 429 000	1 508 000	1 636 000
Total Assets	1 530 000	1 429 000	1 508 000	1 636 000
Total Equity	996 000	1 258 000	955 000	630 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	400 000	860 000
Creditors	30 000	3 000	4 000	8 000
Unpaid Taxes	205 000	55 000	41 000	28 000
Dividends	1 020 000	0	0	0
Other Current Debt	85 000	29 000	15 000	49 000
Total Current Debt	533 000	172 000	152 000	146 000
Total Equity and Debt	1 530 000	1 429 000	1 508 000	1 636 000

Financial indicators	2022	2021	2020	2019
Return on Equity	76,2 %	24,01 %	34,03 %	33,81 %
Debt-to-Equity Ratio	0	0	0,42	1,37
Operating Profit Margin	40,93 %	33,96 %	42,73 %	28,21 %
Current Ratio	2,83	8,31	9,92	11,21
Quick Ratio	−3,8	−1,29	−1,21	−1,1
Equity Ratio	0,65	0,88	0,63	0,39
Gross Profit Margin	100 %	100 %	100 %	100 %