VINGE MASKIN AS

7633 FROSTA

Finances

Share Ownership

Return on Equity

1,57 %

Current Ratio

1,7

Debt-to-Equity Ratio

1,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 246 000	29 352 000	24 385 000	30 609 000
Net Income	63 000	1 354 000	1 238 000	457 000
Total Assets	16 264 000	14 486 000	17 096 000	14 349 000
Total Equity	4 018 000	3 955 000	2 602 000	1 363 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 246 000	29 352 000	24 385 000	30 609 000
Expenditure	28 743 000	27 566 000	22 686 000	29 491 000
Operating Profit	503 000	1 786 000	1 699 000	1 117 000
Financial Income	80 000	276 000	388 000	20 000
Financial Costs	501 000	326 000	500 000	550 000
Financial Balance	−421 000	−50 000	−112 000	−530 000
Earnings Before Tax	81 000	1 736 000	1 588 000	587 000
Tax	18 000	382 000	349 000	130 000
Net Income	63 000	1 354 000	1 238 000	457 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 313 000	3 456 000	3 571 000	3 013 000
Total Current Assets	12 951 000	11 030 000	13 525 000	11 336 000
Total Assets	16 264 000	14 486 000	17 096 000	14 349 000
Total Retained Equity	2 917 000	2 854 000	1 501 000	262 000
Total Equity	4 018 000	3 955 000	2 602 000	1 363 000
Total Long-Term Debt	4 610 000	5 396 000	6 515 000	4 457 000
Total Current Debt	7 636 000	5 134 000	7 980 000	8 528 000
Total Equity and Debt	16 264 000	14 486 000	17 096 000	14 349 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 246 000	29 352 000	24 066 000	30 609 000
Other Income	0	0	319 000	0
Revenue	29 246 000	29 352 000	24 385 000	30 609 000
Cost of Goods Sold	23 379 000	22 713 000	17 797 000	23 816 000
Salary Costs	3 004 000	2 794 000	2 883 000	3 260 000
Depreciation	124 000	128 000	112 000	85 000
Impairment	0	0	0	0
Expenditure	28 743 000	27 566 000	22 686 000	29 491 000
Operating Profit	503 000	1 786 000	1 699 000	1 117 000
Financial Income	80 000	276 000	388 000	20 000
Financial Costs	501 000	326 000	500 000	550 000
Financial Balance	−421 000	−50 000	−112 000	−530 000
Dividends	0	0	0	0
Net Income	63 000	1 354 000	1 238 000	457 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 000	0	0	184 000
Real Eastate	3 085 000	3 175 000	3 250 000	2 692 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	169 000	203 000	220 000	64 000
Total Tangible Assets	3 254 000	3 378 000	3 470 000	2 755 000
Total Fiancial Fixed Assets	54 000	78 000	101 000	73 000
Total Fixed Assets	3 313 000	3 456 000	3 571 000	3 013 000
Stock	11 664 000	8 276 000	10 048 000	6 805 000
Total Investments	0	0	0	0
Cash, Bank	97 000	1 368 000	2 038 000	1 556 000
Total Current Assets	12 951 000	11 030 000	13 525 000	11 336 000
Total Assets	16 264 000	14 486 000	17 096 000	14 349 000
Total Equity	4 018 000	3 955 000	2 602 000	1 363 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 610 000	5 396 000	6 515 000	4 457 000
Creditors	5 093 000	3 346 000	6 020 000	6 301 000
Unpaid Taxes	642 000	572 000	1 016 000	1 467 000
Dividends	0	0	0	0
Other Current Debt	757 000	811 000	803 000	760 000
Total Current Debt	7 636 000	5 134 000	7 980 000	8 528 000
Total Equity and Debt	16 264 000	14 486 000	17 096 000	14 349 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,57 %	34,24 %	47,58 %	33,53 %
Debt-to-Equity Ratio	1,15	1,36	2,5	3,27
Operating Profit Margin	1,72 %	6,08 %	6,97 %	3,65 %
Current Ratio	1,7	2,15	1,69	1,33
Quick Ratio	−3,22	−3,51	−6,54	6,58
Equity Ratio	0,25	0,27	0,15	0,09
Gross Profit Margin	20,06 %	22,62 %	27,02 %	22,19 %