VÆRØY HANDLING AS

8063 VÆRØY

Finances

Share Ownership

Return on Equity

7,7 %

Current Ratio

4,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 704 000	1 706 000	1 690 000	1 746 000
Net Income	127 000	146 000	206 000	217 000
Total Assets	2 155 000	2 180 000	2 184 000	2 139 000
Total Equity	1 649 000	1 672 000	1 676 000	1 620 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 704 000	1 706 000	1 690 000	1 746 000
Expenditure	1 540 000	1 519 000	1 423 000	1 467 000
Operating Profit	163 000	187 000	267 000	279 000
Financial Income	0	0	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	1 000
Earnings Before Tax	163 000	187 000	267 000	280 000
Tax	36 000	41 000	61 000	63 000
Net Income	127 000	146 000	206 000	217 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	2 155 000	2 180 000	2 184 000	2 139 000
Total Assets	2 155 000	2 180 000	2 184 000	2 139 000
Total Retained Equity	1 549 000	1 572 000	1 576 000	1 520 000
Total Equity	1 649 000	1 672 000	1 676 000	1 620 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	505 000	508 000	507 000	519 000
Total Equity and Debt	2 155 000	2 180 000	2 184 000	2 139 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 704 000	1 706 000	1 690 000	1 746 000
Other Income	0	0	0	0
Revenue	1 704 000	1 706 000	1 690 000	1 746 000
Cost of Goods Sold	0	2 000	0	0
Salary Costs	1 514 000	1 453 000	1 375 000	1 415 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 540 000	1 519 000	1 423 000	1 467 000
Operating Profit	163 000	187 000	267 000	279 000
Financial Income	0	0	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	1 000
Dividends	150 000	150 000	150 000	155 000
Net Income	127 000	146 000	206 000	217 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 977 000	2 003 000	2 006 000	1 964 000
Total Current Assets	2 155 000	2 180 000	2 184 000	2 139 000
Total Assets	2 155 000	2 180 000	2 184 000	2 139 000
Total Equity	1 649 000	1 672 000	1 676 000	1 620 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	164 000	172 000	158 000	158 000
Dividends	150 000	150 000	150 000	155 000
Other Current Debt	155 000	145 000	138 000	143 000
Total Current Debt	505 000	508 000	507 000	519 000
Total Equity and Debt	2 155 000	2 180 000	2 184 000	2 139 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,7 %	8,73 %	12,29 %	13,4 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,57 %	10,96 %	15,8 %	15,98 %
Current Ratio	4,27	4,29	4,31	4,12
Quick Ratio	4,27	4,29	4,31	4,12
Equity Ratio	0,77	0,77	0,77	0,76
Gross Profit Margin	100 %	99,88 %	100 %	100 %