VAMEC AS

7125 VANVIKAN

Finances

Share Ownership

Return on Equity

37,93 %

Current Ratio

1,88

Debt-to-Equity Ratio

0,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 606 000	15 455 000	13 970 000	11 627 000
Net Income	1 713 000	1 086 000	983 000	1 092 000
Total Assets	13 334 000	10 606 000	9 114 000	9 192 000
Total Equity	4 516 000	4 303 000	3 567 000	2 818 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 606 000	15 455 000	13 970 000	11 627 000
Expenditure	16 318 000	13 985 000	12 625 000	10 113 000
Operating Profit	2 288 000	1 469 000	1 345 000	1 514 000
Financial Income	11 000	5 000	16 000	19 000
Financial Costs	101 000	82 000	101 000	132 000
Financial Balance	−90 000	−77 000	−85 000	−113 000
Earnings Before Tax	2 197 000	1 392 000	1 260 000	1 400 000
Tax	485 000	306 000	277 000	308 000
Net Income	1 713 000	1 086 000	983 000	1 092 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 234 000	1 150 000	1 040 000	700 000
Total Current Assets	12 100 000	9 457 000	8 074 000	8 492 000
Total Assets	13 334 000	10 606 000	9 114 000	9 192 000
Total Retained Equity	4 216 000	4 003 000	3 267 000	2 518 000
Total Equity	4 516 000	4 303 000	3 567 000	2 818 000
Total Long-Term Debt	2 382 000	2 671 000	2 964 000	3 239 000
Total Current Debt	6 436 000	3 633 000	2 583 000	3 134 000
Total Equity and Debt	13 334 000	10 606 000	9 114 000	9 192 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 606 000	15 455 000	13 618 000	11 627 000
Other Income	0	0	352 000	0
Revenue	18 606 000	15 455 000	13 970 000	11 627 000
Cost of Goods Sold	3 536 000	3 580 000	3 423 000	2 533 000
Salary Costs	8 062 000	6 352 000	5 658 000	4 803 000
Depreciation	229 000	176 000	159 000	197 000
Impairment	0	0	0	0
Expenditure	16 318 000	13 985 000	12 625 000	10 113 000
Operating Profit	2 288 000	1 469 000	1 345 000	1 514 000
Financial Income	11 000	5 000	16 000	19 000
Financial Costs	101 000	82 000	101 000	132 000
Financial Balance	−90 000	−77 000	−85 000	−113 000
Dividends	1 500 000	350 000	0	270 000
Net Income	1 713 000	1 086 000	983 000	1 092 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	23 000	38 000	44 000	49 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	318 000	415 000	305 000	319 000
Fixtures	599 000	285 000	162 000	92 000
Total Tangible Assets	917 000	700 000	467 000	411 000
Total Fiancial Fixed Assets	294 000	411 000	529 000	240 000
Total Fixed Assets	1 234 000	1 150 000	1 040 000	700 000
Stock	2 136 000	1 113 000	810 000	859 000
Total Investments	0	0	0	0
Cash, Bank	4 651 000	6 045 000	4 508 000	4 487 000
Total Current Assets	12 100 000	9 457 000	8 074 000	8 492 000
Total Assets	13 334 000	10 606 000	9 114 000	9 192 000
Total Equity	4 516 000	4 303 000	3 567 000	2 818 000
Short-Term Group Debt	337 000	323 000	577 000	791 000
Total Long-Term Debt	2 382 000	2 671 000	2 964 000	3 239 000
Creditors	845 000	687 000	343 000	526 000
Unpaid Taxes	1 548 000	1 202 000	894 000	737 000
Dividends	1 500 000	350 000	0	270 000
Other Current Debt	1 736 000	771 000	564 000	498 000
Total Current Debt	6 436 000	3 633 000	2 583 000	3 134 000
Total Equity and Debt	13 334 000	10 606 000	9 114 000	9 192 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,93 %	25,24 %	27,56 %	38,75 %
Debt-to-Equity Ratio	0,53	0,62	0,83	1,15
Operating Profit Margin	12,3 %	9,51 %	9,63 %	13,02 %
Current Ratio	1,88	2,6	3,13	2,71
Quick Ratio	2,81	3,75	4,55	3,73
Equity Ratio	0,34	0,41	0,39	0,31
Gross Profit Margin	81 %	76,84 %	75,5 %	78,21 %