VIGELAND LARSEN AS

4515 MANDAL

Finances

Share Ownership

Return on Equity

23,21 %

Current Ratio

4,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 996 000	6 199 000	5 884 000	4 384 000
Net Income	1 673 000	973 000	1 360 000	223 000
Total Assets	9 297 000	7 691 000	6 497 000	7 403 000
Total Equity	7 209 000	5 536 000	5 062 000	4 853 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 996 000	6 199 000	5 884 000	4 384 000
Expenditure	4 849 000	4 953 000	4 157 000	4 129 000
Operating Profit	2 147 000	1 247 000	1 727 000	254 000
Financial Income	9 000	4 000	19 000	33 000
Financial Costs	11 000	2 000	2 000	2 000
Financial Balance	−2 000	2 000	17 000	31 000
Earnings Before Tax	2 145 000	1 248 000	1 743 000	285 000
Tax	472 000	275 000	383 000	63 000
Net Income	1 673 000	973 000	1 360 000	223 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	704 000	873 000	1 149 000	1 918 000
Total Current Assets	8 593 000	6 817 000	5 348 000	5 485 000
Total Assets	9 297 000	7 691 000	6 497 000	7 403 000
Total Retained Equity	6 709 000	5 036 000	4 562 000	4 353 000
Total Equity	7 209 000	5 536 000	5 062 000	4 853 000
Total Long-Term Debt	22 000	29 000	40 000	35 000
Total Current Debt	2 065 000	2 126 000	1 394 000	2 516 000
Total Equity and Debt	9 297 000	7 691 000	6 497 000	7 403 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 971 000	6 077 000	5 305 000	4 384 000
Other Income	25 000	123 000	579 000	0
Revenue	6 996 000	6 199 000	5 884 000	4 384 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 958 000	1 843 000	1 964 000	1 791 000
Depreciation	213 000	276 000	472 000	666 000
Impairment	0	0	0	0
Expenditure	4 849 000	4 953 000	4 157 000	4 129 000
Operating Profit	2 147 000	1 247 000	1 727 000	254 000
Financial Income	9 000	4 000	19 000	33 000
Financial Costs	11 000	2 000	2 000	2 000
Financial Balance	−2 000	2 000	17 000	31 000
Dividends	0	500 000	150 000	60 000
Net Income	1 673 000	973 000	1 360 000	223 000

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	704 000	873 000	1 149 000	1 918 000
Total Tangible Assets	704 000	873 000	1 149 000	1 918 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	704 000	873 000	1 149 000	1 918 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 940 000	5 297 000	3 386 000	3 788 000
Total Current Assets	8 593 000	6 817 000	5 348 000	5 485 000
Total Assets	9 297 000	7 691 000	6 497 000	7 403 000
Total Equity	7 209 000	5 536 000	5 062 000	4 853 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	22 000	29 000	40 000	35 000
Creditors	132 000	252 000	112 000	1 829 000
Unpaid Taxes	251 000	205 000	250 000	124 000
Dividends	0	500 000	150 000	60 000
Other Current Debt	1 203 000	882 000	505 000	412 000
Total Current Debt	2 065 000	2 126 000	1 394 000	2 516 000
Total Equity and Debt	9 297 000	7 691 000	6 497 000	7 403 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,21 %	17,58 %	26,87 %	4,6 %
Debt-to-Equity Ratio	0	0,01	0,01	0,01
Operating Profit Margin	30,69 %	20,12 %	29,35 %	5,79 %
Current Ratio	4,16	3,21	3,84	2,18
Quick Ratio	4,16	3,21	3,84	2,18
Equity Ratio	0,78	0,72	0,78	0,66
Gross Profit Margin	100 %	100 %	100 %	100 %