VIDAR NORLAND MEKANISKE AS

4308 SANDNES

Finances

Share Ownership

Return on Equity

19,53 %

Current Ratio

7,68

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	175 000	71 000	669 000	1 689 000
Net Income	50 000	−3 000	34 000	89 000
Total Assets	278 000	364 000	510 000	604 000
Total Equity	256 000	207 000	359 000	420 000

Income (NOK)	2022	2021	2020	2019
Revenue	175 000	71 000	669 000	1 689 000
Expenditure	110 000	72 000	624 000	1 588 000
Operating Profit	65 000	−1 000	46 000	101 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	65 000	−1 000	46 000	101 000
Tax	16 000	2 000	12 000	12 000
Net Income	50 000	−3 000	34 000	89 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	109 000	133 000	159 000	186 000
Total Current Assets	169 000	231 000	351 000	418 000
Total Assets	278 000	364 000	510 000	604 000
Total Retained Equity	156 000	107 000	259 000	320 000
Total Equity	256 000	207 000	359 000	420 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	22 000	158 000	151 000	184 000
Total Equity and Debt	278 000	364 000	510 000	604 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	175 000	71 000	669 000	1 689 000
Other Income	0	0	0	0
Revenue	175 000	71 000	669 000	1 689 000
Cost of Goods Sold	3 000	0	9 000	476 000
Salary Costs	0	8 000	365 000	701 000
Depreciation	24 000	27 000	27 000	27 000
Impairment	0	0	0	0
Expenditure	110 000	72 000	624 000	1 588 000
Operating Profit	65 000	−1 000	46 000	101 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	150 000	95 000	0
Net Income	50 000	−3 000	34 000	89 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	103 000	111 000	119 000	127 000
Machinery and Plant Facilities	6 000	22 000	40 000	59 000
Fixtures	0	0	0	0
Total Tangible Assets	109 000	133 000	159 000	186 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	109 000	133 000	159 000	186 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	162 000	228 000	344 000	276 000
Total Current Assets	169 000	231 000	351 000	418 000
Total Assets	278 000	364 000	510 000	604 000
Total Equity	256 000	207 000	359 000	420 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	8 000	−1 000	14 000	26 000
Unpaid Taxes	−1 000	7 000	0	82 000
Dividends	0	150 000	95 000	0
Other Current Debt	0	0	29 000	63 000
Total Current Debt	22 000	158 000	151 000	184 000
Total Equity and Debt	278 000	364 000	510 000	604 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,53 %	−1,45 %	9,47 %	21,19 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	37,14 %	−1,41 %	6,88 %	5,98 %
Current Ratio	7,68	1,46	2,32	2,27
Quick Ratio	7,68	1,46	2,32	2,27
Equity Ratio	0,92	0,57	0,7	0,7
Gross Profit Margin	98,29 %	100 %	98,65 %	71,82 %