VANOR AS

2380 BRUMUNDDAL

Finances

Share Ownership

Return on Equity

75,71 %

Current Ratio

1,35

Debt-to-Equity Ratio

7,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 185 000	8 186 000	7 302 000	4 522 000
Net Income	371 000	−808 000	−331 000	−447 000
Total Assets	14 959 000	6 491 000	5 554 000	4 890 000
Total Equity	490 000	−2 881 000	−2 073 000	−1 742 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 185 000	8 186 000	7 302 000	4 522 000
Expenditure	21 588 000	8 888 000	7 530 000	4 886 000
Operating Profit	597 000	−701 000	−227 000	−364 000
Financial Income	1 000	2 000	5 000	0
Financial Costs	227 000	109 000	110 000	83 000
Financial Balance	−226 000	−107 000	−105 000	−83 000
Earnings Before Tax	371 000	−808 000	−331 000	−447 000
Tax	0	0	0	0
Net Income	371 000	−808 000	−331 000	−447 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	410 000	498 000	585 000	564 000
Total Current Assets	14 550 000	5 993 000	4 969 000	4 326 000
Total Assets	14 959 000	6 491 000	5 554 000	4 890 000
Total Retained Equity	0	−2 981 000	−2 173 000	−1 842 000
Total Equity	490 000	−2 881 000	−2 073 000	−1 742 000
Total Long-Term Debt	3 726 000	6 116 000	6 314 000	5 091 000
Total Current Debt	10 743 000	3 256 000	1 313 000	1 541 000
Total Equity and Debt	14 959 000	6 491 000	5 554 000	4 890 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 185 000	8 186 000	7 302 000	4 522 000
Other Income	0	0	0	0
Revenue	22 185 000	8 186 000	7 302 000	4 522 000
Cost of Goods Sold	18 324 000	5 517 000	5 160 000	3 072 000
Salary Costs	1 707 000	1 748 000	1 308 000	1 083 000
Depreciation	88 000	88 000	83 000	107 000
Impairment	0	0	0	0
Expenditure	21 588 000	8 888 000	7 530 000	4 886 000
Operating Profit	597 000	−701 000	−227 000	−364 000
Financial Income	1 000	2 000	5 000	0
Financial Costs	227 000	109 000	110 000	83 000
Financial Balance	−226 000	−107 000	−105 000	−83 000
Dividends	0	0	0	0
Net Income	371 000	−808 000	−331 000	−447 000

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	410 000	498 000	585 000	564 000
Total Tangible Assets	410 000	498 000	585 000	564 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	410 000	498 000	585 000	564 000
Stock	5 576 000	5 660 000	4 202 000	4 134 000
Total Investments	0	0	0	0
Cash, Bank	2 830 000	177 000	588 000	66 000
Total Current Assets	14 550 000	5 993 000	4 969 000	4 326 000
Total Assets	14 959 000	6 491 000	5 554 000	4 890 000
Total Equity	490 000	−2 881 000	−2 073 000	−1 742 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 726 000	6 116 000	6 314 000	5 091 000
Creditors	9 725 000	2 719 000	867 000	1 297 000
Unpaid Taxes	176 000	354 000	312 000	152 000
Dividends	0	0	0	0
Other Current Debt	842 000	183 000	135 000	93 000
Total Current Debt	10 743 000	3 256 000	1 313 000	1 541 000
Total Equity and Debt	14 959 000	6 491 000	5 554 000	4 890 000

Financial indicators	2022	2021	2020	2019
Return on Equity	75,71 %	28,05 %	15,97 %	25,66 %
Debt-to-Equity Ratio	7,6	−2,12	−3,05	−2,92
Operating Profit Margin	2,69 %	−8,56 %	−3,11 %	−8,05 %
Current Ratio	1,35	1,84	3,78	2,81
Quick Ratio	2,82	−2,49	−1,72	−1,67
Equity Ratio	0,03	−0,44	−0,37	−0,36
Gross Profit Margin	17,4 %	32,6 %	29,33 %	32,07 %