VORN EQUIPMENT AS

4031 STAVANGER

Finances

Share Ownership

Return on Equity

−2,12 %

Current Ratio

7,79

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 751 000	17 599 000	18 176 000	14 684 000
Net Income	−190 000	1 469 000	3 141 000	568 000
Total Assets	12 190 000	12 518 000	12 758 000	8 654 000
Total Equity	8 960 000	9 126 000	8 132 000	4 992 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 751 000	17 599 000	18 176 000	14 684 000
Expenditure	17 892 000	15 376 000	13 921 000	13 623 000
Operating Profit	−141 000	2 223 000	4 255 000	1 061 000
Financial Income	632 000	110 000	249 000	310 000
Financial Costs	682 000	592 000	498 000	371 000
Financial Balance	−50 000	−482 000	−249 000	−61 000
Earnings Before Tax	−190 000	1 741 000	4 006 000	999 000
Tax	0	272 000	865 000	431 000
Net Income	−190 000	1 469 000	3 141 000	568 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	657 000	288 000	1 048 000	1 115 000
Total Current Assets	11 533 000	12 230 000	11 710 000	7 540 000
Total Assets	12 190 000	12 518 000	12 758 000	8 654 000
Total Retained Equity	2 971 000	3 137 000	2 143 000	−997 000
Total Equity	8 960 000	9 126 000	8 132 000	4 992 000
Total Long-Term Debt	1 750 000	2 125 000	2 500 000	2 500 000
Total Current Debt	1 480 000	1 267 000	2 125 000	1 163 000
Total Equity and Debt	12 190 000	12 518 000	12 758 000	8 654 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 751 000	17 047 000	17 828 000	14 684 000
Other Income	0	552 000	348 000	0
Revenue	17 751 000	17 599 000	18 176 000	14 684 000
Cost of Goods Sold	9 216 000	9 213 000	9 733 000	8 001 000
Salary Costs	4 801 000	2 476 000	2 164 000	2 564 000
Depreciation	188 000	68 000	74 000	78 000
Impairment	0	0	0	45 000
Expenditure	17 892 000	15 376 000	13 921 000	13 623 000
Operating Profit	−141 000	2 223 000	4 255 000	1 061 000
Financial Income	632 000	110 000	249 000	310 000
Financial Costs	682 000	592 000	498 000	371 000
Financial Balance	−50 000	−482 000	−249 000	−61 000
Dividends	0	476 000	0	0
Net Income	−190 000	1 469 000	3 141 000	568 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	612 000	275 000	320 000	366 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	45 000	14 000	36 000	46 000
Total Tangible Assets	45 000	14 000	36 000	46 000
Total Fiancial Fixed Assets	0	0	691 000	702 000
Total Fixed Assets	657 000	288 000	1 048 000	1 115 000
Stock	8 234 000	885 000	4 578 000	2 379 000
Total Investments	0	0	0	0
Cash, Bank	97 000	7 919 000	4 927 000	2 949 000
Total Current Assets	11 533 000	12 230 000	11 710 000	7 540 000
Total Assets	12 190 000	12 518 000	12 758 000	8 654 000
Total Equity	8 960 000	9 126 000	8 132 000	4 992 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 750 000	2 125 000	2 500 000	2 500 000
Creditors	804 000	506 000	193 000	205 000
Unpaid Taxes	296 000	181 000	566 000	73 000
Dividends	0	476 000	0	0
Other Current Debt	379 000	581 000	502 000	454 000
Total Current Debt	1 480 000	1 267 000	2 125 000	1 163 000
Total Equity and Debt	12 190 000	12 518 000	12 758 000	8 654 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,12 %	16,1 %	38,63 %	11,38 %
Debt-to-Equity Ratio	0,2	0,23	0,31	0,5
Operating Profit Margin	−0,79 %	12,63 %	23,41 %	7,23 %
Current Ratio	7,79	9,65	5,51	6,48
Quick Ratio	−1,71	32,02	−4,77	−6,2
Equity Ratio	0,74	0,73	0,64	0,58
Gross Profit Margin	48,08 %	47,65 %	46,45 %	45,51 %