VEKTEK AS

4343 ORRE

Finances

Return on Equity

75,47 %

Current Ratio

1,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 808 000	27 746 000	25 062 000	23 074 000
Net Income	2 360 000	1 801 000	2 113 000	2 154 000
Total Assets	12 550 000	15 520 000	9 566 000	9 437 000
Total Equity	3 127 000	2 766 000	2 966 000	2 852 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 808 000	27 746 000	25 062 000	23 074 000
Expenditure	26 718 000	25 477 000	22 346 000	20 316 000
Operating Profit	3 037 000	2 271 000	2 717 000	2 757 000
Financial Income	30 000	72 000	26 000	35 000
Financial Costs	41 000	34 000	33 000	31 000
Financial Balance	−11 000	38 000	−7 000	4 000
Earnings Before Tax	3 026 000	2 309 000	2 710 000	2 762 000
Tax	666 000	508 000	596 000	608 000
Net Income	2 360 000	1 801 000	2 113 000	2 154 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	106 000	113 000	170 000	147 000
Total Current Assets	12 444 000	15 407 000	9 396 000	9 290 000
Total Assets	12 550 000	15 520 000	9 566 000	9 437 000
Total Retained Equity	2 827 000	2 466 000	2 666 000	2 552 000
Total Equity	3 127 000	2 766 000	2 966 000	2 852 000
Total Long-Term Debt	0	5 000	0	0
Total Current Debt	9 423 000	12 748 000	6 601 000	6 585 000
Total Equity and Debt	12 550 000	15 520 000	9 566 000	9 437 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 808 000	27 653 000	25 062 000	23 074 000
Other Income	0	93 000	0	0
Revenue	29 808 000	27 746 000	25 062 000	23 074 000
Cost of Goods Sold	15 290 000	14 416 000	11 860 000	10 943 000
Salary Costs	8 140 000	8 334 000	7 847 000	6 919 000
Depreciation	41 000	49 000	43 000	58 000
Impairment	0	0	0	0
Expenditure	26 718 000	25 477 000	22 346 000	20 316 000
Operating Profit	3 037 000	2 271 000	2 717 000	2 757 000
Financial Income	30 000	72 000	26 000	35 000
Financial Costs	41 000	34 000	33 000	31 000
Financial Balance	−11 000	38 000	−7 000	4 000
Dividends	2 000 000	2 000 000	2 000 000	1 500 000
Net Income	2 360 000	1 801 000	2 113 000	2 154 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	17 000	0	8 000	10 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	80 000	103 000	152 000	128 000
Total Tangible Assets	80 000	103 000	152 000	128 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	106 000	113 000	170 000	147 000
Stock	3 997 000	3 470 000	2 790 000	2 772 000
Total Investments	0	0	0	0
Cash, Bank	301 000	349 000	654 000	1 496 000
Total Current Assets	12 444 000	15 407 000	9 396 000	9 290 000
Total Assets	12 550 000	15 520 000	9 566 000	9 437 000
Total Equity	3 127 000	2 766 000	2 966 000	2 852 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	5 000	0	0
Creditors	3 312 000	3 308 000	1 201 000	2 109 000
Unpaid Taxes	1 850 000	2 674 000	1 763 000	1 487 000
Dividends	2 000 000	2 000 000	2 000 000	1 500 000
Other Current Debt	1 288 000	4 026 000	1 042 000	878 000
Total Current Debt	9 423 000	12 748 000	6 601 000	6 585 000
Total Equity and Debt	12 550 000	15 520 000	9 566 000	9 437 000

Financial indicators	2022	2021	2020	2019
Return on Equity	75,47 %	65,11 %	71,24 %	75,53 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,19 %	8,18 %	10,84 %	11,95 %
Current Ratio	1,32	1,21	1,42	1,41
Quick Ratio	2,29	1,66	2,47	2,44
Equity Ratio	0,25	0,18	0,31	0,3
Gross Profit Margin	48,71 %	48,04 %	52,68 %	52,57 %