VATVEDT INDUSTRI AS

1739 BORGENHAUGEN

Finances

Share Ownership

Return on Equity

90,17 %

Current Ratio

0,91

Debt-to-Equity Ratio

12,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	51 232 000	49 582 000	61 541 000	63 807 000
Net Income	1 036 000	−6 658 000	132 000	1 486 000
Total Assets	34 457 000	32 481 000	26 934 000	30 407 000
Total Equity	1 149 000	113 000	6 771 000	6 613 000

Income (NOK)	2022	2021	2020	2019
Revenue	51 232 000	49 582 000	61 541 000	63 807 000
Expenditure	48 721 000	55 743 000	60 928 000	61 877 000
Operating Profit	2 512 000	−6 162 000	613 000	1 929 000
Financial Income	67 000	65 000	81 000	70 000
Financial Costs	1 543 000	1 009 000	524 000	94 000
Financial Balance	−1 476 000	−944 000	−443 000	−24 000
Earnings Before Tax	1 036 000	−7 107 000	170 000	1 905 000
Tax	0	−448 000	38 000	419 000
Net Income	1 036 000	−6 658 000	132 000	1 486 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 015 000	18 760 000	15 483 000	12 557 000
Total Current Assets	17 442 000	13 720 000	11 451 000	17 850 000
Total Assets	34 457 000	32 481 000	26 934 000	30 407 000
Total Retained Equity	−8 815 000	−9 851 000	−3 092 000	−3 250 000
Total Equity	1 149 000	113 000	6 771 000	6 613 000
Total Long-Term Debt	14 180 000	5 105 000	448 000	1 366 000
Total Current Debt	19 127 000	27 262 000	19 714 000	22 429 000
Total Equity and Debt	34 457 000	32 481 000	26 934 000	30 407 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	51 232 000	48 917 000	61 386 000	63 807 000
Other Income	0	664 000	155 000	0
Revenue	51 232 000	49 582 000	61 541 000	63 807 000
Cost of Goods Sold	18 080 000	25 924 000	29 311 000	27 167 000
Salary Costs	18 007 000	17 489 000	16 768 000	24 006 000
Depreciation	1 746 000	1 760 000	1 306 000	1 893 000
Impairment	0	0	0	0
Expenditure	48 721 000	55 743 000	60 928 000	61 877 000
Operating Profit	2 512 000	−6 162 000	613 000	1 929 000
Financial Income	67 000	65 000	81 000	70 000
Financial Costs	1 543 000	1 009 000	524 000	94 000
Financial Balance	−1 476 000	−944 000	−443 000	−24 000
Dividends	0	0	200 000	0
Net Income	1 036 000	−6 658 000	132 000	1 486 000

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	17 015 000	18 760 000	11 893 000	12 557 000
Total Tangible Assets	17 015 000	18 760 000	11 893 000	12 557 000
Total Fiancial Fixed Assets	0	0	3 590 000	0
Total Fixed Assets	17 015 000	18 760 000	15 483 000	12 557 000
Stock	5 549 000	3 814 000	1 617 000	2 053 000
Total Investments	0	0	0	0
Cash, Bank	2 009 000	1 146 000	1 254 000	2 347 000
Total Current Assets	17 442 000	13 720 000	11 451 000	17 850 000
Total Assets	34 457 000	32 481 000	26 934 000	30 407 000
Total Equity	1 149 000	113 000	6 771 000	6 613 000
Short-Term Group Debt	0	0	0	1 080 000
Total Long-Term Debt	14 180 000	5 105 000	448 000	1 366 000
Creditors	6 485 000	8 059 000	4 269 000	7 034 000
Unpaid Taxes	3 033 000	3 491 000	1 770 000	4 989 000
Dividends	0	0	200 000	0
Other Current Debt	9 609 000	5 515 000	5 051 000	9 007 000
Total Current Debt	19 127 000	27 262 000	19 714 000	22 429 000
Total Equity and Debt	34 457 000	32 481 000	26 934 000	30 407 000

Financial indicators	2022	2021	2020	2019
Return on Equity	90,17 %	−5 892,04 %	1,95 %	22,47 %
Debt-to-Equity Ratio	12,34	45,18	0,07	0,21
Operating Profit Margin	4,9 %	−12,43 %	1 %	3,02 %
Current Ratio	0,91	0,5	0,58	0,8
Quick Ratio	1,28	0,59	0,63	0,88
Equity Ratio	0,03	0	0,25	0,22
Gross Profit Margin	64,71 %	47,71 %	52,37 %	57,42 %