VÆRLANDET FISKEREDSKAP AS

6986 VÆRLANDET

Finances

Return on Equity

67,56 %

Current Ratio

2,18

Debt-to-Equity Ratio

1,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 875 000	6 351 000	8 272 000	10 071 000
Net Income	883 000	−629 000	237 000	−2 465 000
Total Assets	5 398 000	4 014 000	4 198 000	5 020 000
Total Equity	1 307 000	−1 475 000	−846 000	−1 084 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 875 000	6 351 000	8 272 000	10 071 000
Expenditure	7 686 000	6 719 000	7 667 000	11 343 000
Operating Profit	1 189 000	−368 000	605 000	−1 272 000
Financial Income	13 000	51 000	12 000	7 000
Financial Costs	319 000	312 000	380 000	1 200 000
Financial Balance	−306 000	−261 000	−368 000	−1 193 000
Earnings Before Tax	883 000	−629 000	237 000	−2 465 000
Tax	0	0	0	0
Net Income	883 000	−629 000	237 000	−2 465 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	356 000	69 000	130 000	298 000
Total Current Assets	5 042 000	3 945 000	4 068 000	4 722 000
Total Assets	5 398 000	4 014 000	4 198 000	5 020 000
Total Retained Equity	−1 651 000	−2 533 000	−1 904 000	−2 142 000
Total Equity	1 307 000	−1 475 000	−846 000	−1 084 000
Total Long-Term Debt	1 780 000	2 041 000	1 275 000	1 443 000
Total Current Debt	2 311 000	3 447 000	3 769 000	4 661 000
Total Equity and Debt	5 398 000	4 014 000	4 198 000	5 020 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 848 000	6 340 000	8 272 000	10 071 000
Other Income	27 000	11 000	0	0
Revenue	8 875 000	6 351 000	8 272 000	10 071 000
Cost of Goods Sold	4 287 000	4 015 000	4 598 000	7 366 000
Salary Costs	1 760 000	1 118 000	1 424 000	1 939 000
Depreciation	37 000	61 000	117 000	106 000
Impairment	0	0	0	0
Expenditure	7 686 000	6 719 000	7 667 000	11 343 000
Operating Profit	1 189 000	−368 000	605 000	−1 272 000
Financial Income	13 000	51 000	12 000	7 000
Financial Costs	319 000	312 000	380 000	1 200 000
Financial Balance	−306 000	−261 000	−368 000	−1 193 000
Dividends	0	0	0	0
Net Income	883 000	−629 000	237 000	−2 465 000

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	19 000	27 000	55 000	84 000
Fixtures	329 000	24 000	57 000	145 000
Total Tangible Assets	348 000	51 000	112 000	229 000
Total Fiancial Fixed Assets	8 000	18 000	18 000	69 000
Total Fixed Assets	356 000	69 000	130 000	298 000
Stock	3 650 000	3 401 000	2 406 000	2 740 000
Total Investments	0	0	0	0
Cash, Bank	63 000	30 000	56 000	64 000
Total Current Assets	5 042 000	3 945 000	4 068 000	4 722 000
Total Assets	5 398 000	4 014 000	4 198 000	5 020 000
Total Equity	1 307 000	−1 475 000	−846 000	−1 084 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 780 000	2 041 000	1 275 000	1 443 000
Creditors	1 372 000	753 000	803 000	1 359 000
Unpaid Taxes	413 000	283 000	337 000	340 000
Dividends	0	0	0	0
Other Current Debt	317 000	2 021 000	715 000	944 000
Total Current Debt	2 311 000	3 447 000	3 769 000	4 661 000
Total Equity and Debt	5 398 000	4 014 000	4 198 000	5 020 000

Financial indicators	2022	2021	2020	2019
Return on Equity	67,56 %	42,64 %	−28,01 %	227,4 %
Debt-to-Equity Ratio	1,36	−1,38	−1,51	−1,33
Operating Profit Margin	13,4 %	−5,79 %	7,31 %	−12,63 %
Current Ratio	2,18	1,14	1,08	1,01
Quick Ratio	−3,77	85,76	2,98	2,46
Equity Ratio	0,24	−0,37	−0,2	−0,22
Gross Profit Margin	51,7 %	36,78 %	44,41 %	26,86 %