VIDAR ØVREVIK AS

5582 ØLENSVÅG

Finances

Return on Equity

40,69 %

Current Ratio

12,49

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 702 000	5 367 000	6 370 000	8 287 000
Net Income	5 046 000	−492 000	815 000	1 778 000
Total Assets	13 218 000	8 935 000	8 628 000	8 491 000
Total Equity	12 402 000	7 356 000	7 848 000	7 034 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 702 000	5 367 000	6 370 000	8 287 000
Expenditure	4 538 000	5 967 000	5 419 000	6 309 000
Operating Profit	164 000	−600 000	950 000	1 979 000
Financial Income	4 935 000	2 000	78 000	241 000
Financial Costs	21 000	33 000	4 000	5 000
Financial Balance	4 914 000	−31 000	74 000	236 000
Earnings Before Tax	5 078 000	−631 000	1 024 000	2 216 000
Tax	32 000	−139 000	209 000	438 000
Net Income	5 046 000	−492 000	815 000	1 778 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 811 000	4 253 000	3 841 000	2 006 000
Total Current Assets	9 407 000	4 682 000	4 787 000	6 485 000
Total Assets	13 218 000	8 935 000	8 628 000	8 491 000
Total Retained Equity	12 301 000	7 255 000	7 747 000	6 933 000
Total Equity	12 402 000	7 356 000	7 848 000	7 034 000
Total Long-Term Debt	63 000	961 000	170 000	0
Total Current Debt	753 000	618 000	610 000	1 457 000
Total Equity and Debt	13 218 000	8 935 000	8 628 000	8 491 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 702 000	5 367 000	5 848 000	8 287 000
Other Income	0	0	522 000	0
Revenue	4 702 000	5 367 000	6 370 000	8 287 000
Cost of Goods Sold	781 000	1 599 000	784 000	1 457 000
Salary Costs	1 611 000	1 670 000	1 737 000	1 685 000
Depreciation	554 000	614 000	470 000	426 000
Impairment	0	0	0	0
Expenditure	4 538 000	5 967 000	5 419 000	6 309 000
Operating Profit	164 000	−600 000	950 000	1 979 000
Financial Income	4 935 000	2 000	78 000	241 000
Financial Costs	21 000	33 000	4 000	5 000
Financial Balance	4 914 000	−31 000	74 000	236 000
Dividends	0	0	0	0
Net Income	5 046 000	−492 000	815 000	1 778 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	194 000
Real Eastate	1 026 000	1 026 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 476 000	2 769 000	3 383 000	1 504 000
Total Tangible Assets	3 502 000	3 795 000	3 383 000	1 504 000
Total Fiancial Fixed Assets	309 000	458 000	458 000	308 000
Total Fixed Assets	3 811 000	4 253 000	3 841 000	2 006 000
Stock	2 068 000	2 017 000	2 667 000	0
Total Investments	0	0	0	0
Cash, Bank	5 244 000	844 000	734 000	4 334 000
Total Current Assets	9 407 000	4 682 000	4 787 000	6 485 000
Total Assets	13 218 000	8 935 000	8 628 000	8 491 000
Total Equity	12 402 000	7 356 000	7 848 000	7 034 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	63 000	961 000	170 000	0
Creditors	58 000	214 000	224 000	157 000
Unpaid Taxes	447 000	222 000	130 000	611 000
Dividends	0	0	0	0
Other Current Debt	248 000	181 000	256 000	257 000
Total Current Debt	753 000	618 000	610 000	1 457 000
Total Equity and Debt	13 218 000	8 935 000	8 628 000	8 491 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,69 %	−6,69 %	10,38 %	25,28 %
Debt-to-Equity Ratio	0,01	0,13	0,02	0
Operating Profit Margin	3,49 %	−11,18 %	14,91 %	23,88 %
Current Ratio	12,49	7,58	7,85	4,45
Quick Ratio	−7,15	−3,35	−2,33	4,45
Equity Ratio	0,94	0,82	0,91	0,83
Gross Profit Margin	83,39 %	70,21 %	87,69 %	82,42 %