VANGSNES MASKIN AS

6895 FEIOS

Finances

Share Ownership

Return on Equity

15,5 %

Current Ratio

1,34

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 507 000	19 480 000	9 009 000	6 211 000
Net Income	916 000	1 550 000	996 000	−22 000
Total Assets	12 979 000	10 867 000	7 759 000	5 309 000
Total Equity	5 908 000	4 992 000	3 848 000	2 852 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 507 000	19 480 000	9 009 000	6 211 000
Expenditure	24 215 000	17 224 000	7 679 000	6 219 000
Operating Profit	1 292 000	2 256 000	1 330 000	−9 000
Financial Income	32 000	25 000	20 000	19 000
Financial Costs	144 000	243 000	74 000	58 000
Financial Balance	−112 000	−218 000	−54 000	−39 000
Earnings Before Tax	1 180 000	2 037 000	1 276 000	−47 000
Tax	264 000	487 000	281 000	−25 000
Net Income	916 000	1 550 000	996 000	−22 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 109 000	5 569 000	5 664 000	3 921 000
Total Current Assets	7 871 000	5 298 000	2 095 000	1 389 000
Total Assets	12 979 000	10 867 000	7 759 000	5 309 000
Total Retained Equity	5 808 000	4 892 000	3 748 000	2 752 000
Total Equity	5 908 000	4 992 000	3 848 000	2 852 000
Total Long-Term Debt	1 198 000	1 710 000	1 949 000	1 658 000
Total Current Debt	5 873 000	4 164 000	1 962 000	799 000
Total Equity and Debt	12 979 000	10 867 000	7 759 000	5 309 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 212 000	18 503 000	8 899 000	5 602 000
Other Income	295 000	977 000	110 000	609 000
Revenue	25 507 000	19 480 000	9 009 000	6 211 000
Cost of Goods Sold	15 665 000	9 736 000	2 653 000	1 744 000
Salary Costs	815 000	909 000	921 000	883 000
Depreciation	1 351 000	1 287 000	924 000	780 000
Impairment	0	0	0	0
Expenditure	24 215 000	17 224 000	7 679 000	6 219 000
Operating Profit	1 292 000	2 256 000	1 330 000	−9 000
Financial Income	32 000	25 000	20 000	19 000
Financial Costs	144 000	243 000	74 000	58 000
Financial Balance	−112 000	−218 000	−54 000	−39 000
Dividends	0	0	0	0
Net Income	916 000	1 550 000	996 000	−22 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	329 000	103 000	112 000	122 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 485 000	4 535 000	3 874 000	2 653 000
Total Tangible Assets	4 814 000	4 638 000	3 987 000	2 775 000
Total Fiancial Fixed Assets	295 000	931 000	1 678 000	1 146 000
Total Fixed Assets	5 109 000	5 569 000	5 664 000	3 921 000
Stock	400 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	378 000	470 000	987 000	39 000
Total Current Assets	7 871 000	5 298 000	2 095 000	1 389 000
Total Assets	12 979 000	10 867 000	7 759 000	5 309 000
Total Equity	5 908 000	4 992 000	3 848 000	2 852 000
Short-Term Group Debt	0	655 000	643 000	0
Total Long-Term Debt	1 198 000	1 710 000	1 949 000	1 658 000
Creditors	4 484 000	2 366 000	750 000	408 000
Unpaid Taxes	197 000	587 000	194 000	80 000
Dividends	0	0	0	0
Other Current Debt	271 000	265 000	273 000	312 000
Total Current Debt	5 873 000	4 164 000	1 962 000	799 000
Total Equity and Debt	12 979 000	10 867 000	7 759 000	5 309 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,5 %	31,05 %	25,88 %	−0,77 %
Debt-to-Equity Ratio	0,2	0,34	0,51	0,58
Operating Profit Margin	5,07 %	11,58 %	14,76 %	−0,14 %
Current Ratio	1,34	1,27	1,07	1,74
Quick Ratio	1,44	1,27	1,07	1,74
Equity Ratio	0,46	0,46	0,5	0,54
Gross Profit Margin	38,59 %	50,02 %	70,55 %	71,92 %