VINSEN AS

5430 BREMNES

Finances

Share Ownership

Return on Equity

30,38 %

Current Ratio

2,51

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	568 000	413 000	369 000	285 000
Net Income	315 000	170 000	78 000	129 000
Total Assets	1 702 000	778 000	629 000	505 000
Total Equity	1 037 000	721 000	551 000	473 000

Income (NOK)	2022	2021	2020	2019
Revenue	568 000	413 000	369 000	285 000
Expenditure	228 000	247 000	294 000	160 000
Operating Profit	340 000	166 000	75 000	125 000
Financial Income	4 000	4 000	3 000	4 000
Financial Costs	0	0	0	0
Financial Balance	4 000	4 000	3 000	4 000
Earnings Before Tax	343 000	170 000	78 000	129 000
Tax	28 000	0	0	0
Net Income	315 000	170 000	78 000	129 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	32 000	0	0	0
Total Current Assets	1 670 000	778 000	629 000	505 000
Total Assets	1 702 000	778 000	629 000	505 000
Total Retained Equity	607 000	292 000	122 000	44 000
Total Equity	1 037 000	721 000	551 000	473 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	665 000	57 000	78 000	32 000
Total Equity and Debt	1 702 000	778 000	629 000	505 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	568 000	299 000	0	0
Other Income	0	114 000	369 000	285 000
Revenue	568 000	413 000	369 000	285 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 000	0	0	0
Impairment	0	0	0	0
Expenditure	228 000	247 000	294 000	160 000
Operating Profit	340 000	166 000	75 000	125 000
Financial Income	4 000	4 000	3 000	4 000
Financial Costs	0	0	0	0
Financial Balance	4 000	4 000	3 000	4 000
Dividends	0	0	0	0
Net Income	315 000	170 000	78 000	129 000

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	32 000	0	0	0
Total Tangible Assets	32 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	32 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	85 000	766 000	622 000	505 000
Total Current Assets	1 670 000	778 000	629 000	505 000
Total Assets	1 702 000	778 000	629 000	505 000
Total Equity	1 037 000	721 000	551 000	473 000
Short-Term Group Debt	500 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	28 000	14 000	0	0
Unpaid Taxes	84 000	43 000	20 000	32 000
Dividends	0	0	0	0
Other Current Debt	25 000	0	57 000	0
Total Current Debt	665 000	57 000	78 000	32 000
Total Equity and Debt	1 702 000	778 000	629 000	505 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,38 %	23,58 %	14,16 %	27,27 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	59,86 %	40,19 %	20,33 %	43,86 %
Current Ratio	2,51	13,65	8,06	15,78
Quick Ratio	2,51	13,65	8,06	15,78
Equity Ratio	0,61	0,93	0,88	0,94
Gross Profit Margin	100 %	100 %	100 %	100 %