VAKRE VENE AS

9405 HARSTAD

Finances

Return on Equity

19,53 %

Current Ratio

1,05

Debt-to-Equity Ratio

2,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	88 808 000	72 532 000	46 320 000	22 712 000
Net Income	1 799 000	1 532 000	3 168 000	122 000
Total Assets	52 944 000	39 184 000	19 725 000	6 328 000
Total Equity	9 211 000	7 412 000	4 280 000	1 112 000

Income (NOK)	2022	2021	2020	2019
Revenue	88 808 000	72 532 000	46 320 000	22 712 000
Expenditure	85 043 000	69 705 000	47 263 000	23 043 000
Operating Profit	3 765 000	2 827 000	4 344 000	297 000
Financial Income	534 000	25 000	24 000	3 000
Financial Costs	2 110 000	880 000	316 000	151 000
Financial Balance	−1 576 000	−855 000	−292 000	−148 000
Earnings Before Tax	2 190 000	1 972 000	4 053 000	149 000
Tax	391 000	440 000	885 000	28 000
Net Income	1 799 000	1 532 000	3 168 000	122 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	31 477 000	22 187 000	8 343 000	210 000
Total Current Assets	21 467 000	16 996 000	11 382 000	6 118 000
Total Assets	52 944 000	39 184 000	19 725 000	6 328 000
Total Retained Equity	7 361 000	5 562 000	4 030 000	862 000
Total Equity	9 211 000	7 412 000	4 280 000	1 112 000
Total Long-Term Debt	23 247 000	11 882 000	9 101 000	270 000
Total Current Debt	20 486 000	19 889 000	6 344 000	4 946 000
Total Equity and Debt	52 944 000	39 184 000	19 725 000	6 328 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	88 551 000	72 444 000	46 320 000	22 712 000
Other Income	258 000	87 000	0	0
Revenue	88 808 000	72 532 000	46 320 000	22 712 000
Cost of Goods Sold	50 145 000	40 366 000	28 464 000	12 659 000
Salary Costs	9 985 000	10 006 000	5 707 000	4 156 000
Depreciation	1 096 000	509 000	124 000	68 000
Impairment	0	0	0	0
Expenditure	85 043 000	69 705 000	47 263 000	23 043 000
Operating Profit	3 765 000	2 827 000	4 344 000	297 000
Financial Income	534 000	25 000	24 000	3 000
Financial Costs	2 110 000	880 000	316 000	151 000
Financial Balance	−1 576 000	−855 000	−292 000	−148 000
Dividends	0	0	0	0
Net Income	1 799 000	1 532 000	3 168 000	122 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	25 390 000	16 980 000	8 096 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	425 000	227 000	194 000	156 000
Total Tangible Assets	25 816 000	17 207 000	8 290 000	156 000
Total Fiancial Fixed Assets	5 662 000	4 980 000	54 000	54 000
Total Fixed Assets	31 477 000	22 187 000	8 343 000	210 000
Stock	19 257 000	15 577 000	10 381 000	5 095 000
Total Investments	0	0	0	0
Cash, Bank	400 000	403 000	347 000	187 000
Total Current Assets	21 467 000	16 996 000	11 382 000	6 118 000
Total Assets	52 944 000	39 184 000	19 725 000	6 328 000
Total Equity	9 211 000	7 412 000	4 280 000	1 112 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	23 247 000	11 882 000	9 101 000	270 000
Creditors	6 168 000	5 707 000	2 047 000	1 474 000
Unpaid Taxes	2 930 000	1 593 000	1 611 000	1 044 000
Dividends	0	0	0	0
Other Current Debt	1 283 000	7 908 000	941 000	614 000
Total Current Debt	20 486 000	19 889 000	6 344 000	4 946 000
Total Equity and Debt	52 944 000	39 184 000	19 725 000	6 328 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,53 %	20,67 %	74,02 %	10,97 %
Debt-to-Equity Ratio	2,52	1,6	2,13	0,24
Operating Profit Margin	4,24 %	3,9 %	9,38 %	1,31 %
Current Ratio	1,05	0,85	1,79	1,24
Quick Ratio	17,47	3,94	−2,82	−41,06
Equity Ratio	0,17	0,19	0,22	0,18
Gross Profit Margin	43,54 %	44,35 %	38,55 %	44,26 %