VORNES KYSTFISKE AS

8430 MYRE

Finances

Share Ownership

Return on Equity

16,26 %

Current Ratio

1,31

Debt-to-Equity Ratio

3,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 380 000	7 342 000	10 304 000	11 498 000
Net Income	1 505 000	746 000	1 691 000	1 831 000
Total Assets	41 239 000	29 927 000	31 687 000	26 223 000
Total Equity	9 254 000	7 749 000	7 003 000	5 312 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 380 000	7 342 000	10 304 000	11 498 000
Expenditure	8 912 000	5 862 000	7 564 000	8 583 000
Operating Profit	2 468 000	1 480 000	2 740 000	2 915 000
Financial Income	305 000	16 000	14 000	2 000
Financial Costs	896 000	540 000	585 000	568 000
Financial Balance	−591 000	−524 000	−571 000	−566 000
Earnings Before Tax	1 877 000	957 000	2 169 000	2 349 000
Tax	372 000	210 000	479 000	518 000
Net Income	1 505 000	746 000	1 691 000	1 831 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	36 472 000	25 387 000	25 464 000	21 964 000
Total Current Assets	4 768 000	4 540 000	6 223 000	4 258 000
Total Assets	41 239 000	29 927 000	31 687 000	26 223 000
Total Retained Equity	8 759 000	7 252 000	6 506 000	4 815 000
Total Equity	9 254 000	7 749 000	7 003 000	5 312 000
Total Long-Term Debt	28 336 000	20 018 000	21 190 000	17 355 000
Total Current Debt	3 649 000	2 161 000	3 495 000	3 555 000
Total Equity and Debt	41 239 000	29 927 000	31 687 000	26 223 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 872 000	7 290 000	10 254 000	13 058 000
Other Income	−492 000	52 000	50 000	−1 560 000
Revenue	11 380 000	7 342 000	10 304 000	11 498 000
Cost of Goods Sold	427 000	378 000	447 000	135 000
Salary Costs	4 952 000	3 112 000	4 653 000	5 579 000
Depreciation	883 000	928 000	643 000	748 000
Impairment	0	0	0	0
Expenditure	8 912 000	5 862 000	7 564 000	8 583 000
Operating Profit	2 468 000	1 480 000	2 740 000	2 915 000
Financial Income	305 000	16 000	14 000	2 000
Financial Costs	896 000	540 000	585 000	568 000
Financial Balance	−591 000	−524 000	−571 000	−566 000
Dividends	0	0	0	0
Net Income	1 505 000	746 000	1 691 000	1 831 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	26 225 000	15 400 000	15 575 000	8 000 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	124 000	653 000	807 000	857 000
Fixtures	801 000	777 000	749 000	601 000
Total Tangible Assets	7 769 000	6 732 000	6 650 000	10 725 000
Total Fiancial Fixed Assets	2 478 000	3 255 000	3 239 000	3 239 000
Total Fixed Assets	36 472 000	25 387 000	25 464 000	21 964 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 525 000	2 483 000	4 287 000	2 597 000
Total Current Assets	4 768 000	4 540 000	6 223 000	4 258 000
Total Assets	41 239 000	29 927 000	31 687 000	26 223 000
Total Equity	9 254 000	7 749 000	7 003 000	5 312 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	28 336 000	20 018 000	21 190 000	17 355 000
Creditors	1 311 000	756 000	558 000	649 000
Unpaid Taxes	1 548 000	678 000	2 044 000	2 048 000
Dividends	0	0	0	0
Other Current Debt	445 000	495 000	457 000	525 000
Total Current Debt	3 649 000	2 161 000	3 495 000	3 555 000
Total Equity and Debt	41 239 000	29 927 000	31 687 000	26 223 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,26 %	9,63 %	24,15 %	34,47 %
Debt-to-Equity Ratio	3,06	2,58	3,03	3,27
Operating Profit Margin	21,69 %	20,16 %	26,59 %	25,35 %
Current Ratio	1,31	2,1	1,78	1,2
Quick Ratio	1,31	2,1	1,78	1,2
Equity Ratio	0,22	0,26	0,22	0,2
Gross Profit Margin	96,25 %	94,85 %	95,66 %	98,83 %