VASSENDGUTANE AS

6154 ØRSTA

Finances

Return on Equity

18,1 %

Current Ratio

4,82

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 106 000	5 128 000	6 387 000	12 489 000
Net Income	2 298 000	309 000	2 807 000	2 703 000
Total Assets	15 365 000	13 895 000	16 261 000	15 539 000
Total Equity	12 698 000	12 038 000	14 150 000	12 999 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 106 000	5 128 000	6 387 000	12 489 000
Expenditure	11 154 000	5 086 000	3 918 000	9 403 000
Operating Profit	2 953 000	43 000	2 469 000	3 085 000
Financial Income	167 000	356 000	910 000	345 000
Financial Costs	106 000	24 000	1 000	2 000
Financial Balance	61 000	332 000	909 000	343 000
Earnings Before Tax	3 014 000	375 000	3 378 000	3 428 000
Tax	716 000	66 000	571 000	725 000
Net Income	2 298 000	309 000	2 807 000	2 703 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 514 000	2 596 000	2 981 000	3 417 000
Total Current Assets	12 851 000	11 300 000	13 280 000	12 122 000
Total Assets	15 365 000	13 895 000	16 261 000	15 539 000
Total Retained Equity	12 298 000	11 638 000	13 750 000	12 599 000
Total Equity	12 698 000	12 038 000	14 150 000	12 999 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 667 000	1 858 000	2 112 000	2 541 000
Total Equity and Debt	15 365 000	13 895 000	16 261 000	15 539 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 795 000	4 484 000	3 506 000	12 311 000
Other Income	312 000	645 000	2 880 000	179 000
Revenue	14 106 000	5 128 000	6 387 000	12 489 000
Cost of Goods Sold	6 058 000	2 083 000	1 229 000	4 424 000
Salary Costs	1 901 000	1 134 000	680 000	1 794 000
Depreciation	376 000	404 000	486 000	550 000
Impairment	0	0	0	0
Expenditure	11 154 000	5 086 000	3 918 000	9 403 000
Operating Profit	2 953 000	43 000	2 469 000	3 085 000
Financial Income	167 000	356 000	910 000	345 000
Financial Costs	106 000	24 000	1 000	2 000
Financial Balance	61 000	332 000	909 000	343 000
Dividends	1 020 000	1 140 000	1 080 000	1 060 000
Net Income	2 298 000	309 000	2 807 000	2 703 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 996 000	2 049 000	2 103 000	2 156 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	519 000	547 000	878 000	1 261 000
Total Tangible Assets	2 514 000	2 596 000	2 981 000	3 417 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 514 000	2 596 000	2 981 000	3 417 000
Stock	491 000	533 000	425 000	545 000
Total Investments	3 994 000	3 855 000	4 364 000	4 066 000
Cash, Bank	7 591 000	6 384 000	7 413 000	6 760 000
Total Current Assets	12 851 000	11 300 000	13 280 000	12 122 000
Total Assets	15 365 000	13 895 000	16 261 000	15 539 000
Total Equity	12 698 000	12 038 000	14 150 000	12 999 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	60 000	92 000	84 000	93 000
Unpaid Taxes	214 000	159 000	40 000	174 000
Dividends	1 020 000	1 140 000	1 080 000	1 060 000
Other Current Debt	657 000	400 000	337 000	489 000
Total Current Debt	2 667 000	1 858 000	2 112 000	2 541 000
Total Equity and Debt	15 365 000	13 895 000	16 261 000	15 539 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,1 %	2,57 %	19,84 %	20,79 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	20,93 %	0,84 %	38,66 %	24,7 %
Current Ratio	4,82	6,08	6,29	4,77
Quick Ratio	5,91	8,53	7,87	6,07
Equity Ratio	0,83	0,87	0,87	0,84
Gross Profit Margin	57,05 %	59,38 %	80,76 %	64,58 %