VEGARD HOLMEN HOLDING AS

3050 MJØNDALEN

Finances

Return on Equity

53,6 %

Current Ratio

1,77

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	605 927 000	442 829 000	373 611 000	329 336 000
Net Income	77 213 000	51 647 000	22 588 000	11 788 000
Total Assets	299 245 000	240 749 000	127 231 000	128 976 000
Total Equity	144 054 000	90 341 000	62 044 000	50 706 000

Income (NOK)	2022	2021	2020	2019
Revenue	605 927 000	442 829 000	373 611 000	329 336 000
Expenditure	501 405 000	377 920 000	341 475 000	312 116 000
Operating Profit	104 523 000	64 908 000	32 137 000	17 221 000
Financial Income	9 013 000	9 278 000	10 805 000	3 915 000
Financial Costs	14 220 000	6 422 000	12 383 000	4 355 000
Financial Balance	−5 207 000	2 856 000	−1 578 000	−440 000
Earnings Before Tax	99 316 000	67 763 000	30 558 000	16 780 000
Tax	22 103 000	16 116 000	7 970 000	4 992 000
Net Income	77 213 000	51 647 000	22 588 000	11 788 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 027 000	4 113 000	8 335 000	12 535 000
Total Current Assets	274 218 000	236 636 000	118 896 000	116 442 000
Total Assets	299 245 000	240 749 000	127 231 000	128 976 000
Total Retained Equity	144 024 000	90 311 000	62 014 000	33 597 000
Total Equity	144 054 000	90 341 000	62 044 000	50 706 000
Total Long-Term Debt	0	1 834 000	5 318 000	8 315 000
Total Current Debt	155 191 000	148 574 000	59 869 000	69 956 000
Total Equity and Debt	299 245 000	240 749 000	127 231 000	128 976 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	600 849 000	436 244 000	368 766 000	324 456 000
Other Income	5 079 000	6 585 000	4 845 000	4 880 000
Revenue	605 927 000	442 829 000	373 611 000	329 336 000
Cost of Goods Sold	487 190 000	360 360 000	325 655 000	296 250 000
Salary Costs	8 522 000	7 759 000	7 407 000	7 149 000
Depreciation	243 000	5 325 000	5 257 000	5 157 000
Impairment	0	0	0	0
Expenditure	501 405 000	377 920 000	341 475 000	312 116 000
Operating Profit	104 523 000	64 908 000	32 137 000	17 221 000
Financial Income	9 013 000	9 278 000	10 805 000	3 915 000
Financial Costs	14 220 000	6 422 000	12 383 000	4 355 000
Financial Balance	−5 207 000	2 856 000	−1 578 000	−440 000
Dividends	0	0	0	0
Net Income	77 213 000	51 647 000	22 588 000	11 788 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	5 112 000	10 223 000
Total Intangible Assets	0	0	5 112 000	10 223 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 381 000	774 000	930 000	53 000
Total Tangible Assets	1 381 000	774 000	930 000	53 000
Total Fiancial Fixed Assets	23 646 000	3 340 000	2 294 000	2 258 000
Total Fixed Assets	25 027 000	4 113 000	8 335 000	12 535 000
Stock	169 653 000	153 922 000	63 480 000	84 705 000
Total Investments	0	0	0	0
Cash, Bank	20 134 000	922 000	26 938 000	1 240 000
Total Current Assets	274 218 000	236 636 000	118 896 000	116 442 000
Total Assets	299 245 000	240 749 000	127 231 000	128 976 000
Total Equity	144 054 000	90 341 000	62 044 000	50 706 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 834 000	5 318 000	8 315 000
Creditors	78 387 000	56 831 000	22 882 000	37 863 000
Unpaid Taxes	21 942 000	24 857 000	17 332 000	9 419 000
Dividends	0	0	0	0
Other Current Debt	2 711 000	10 309 000	6 499 000	2 275 000
Total Current Debt	155 191 000	148 574 000	59 869 000	69 956 000
Total Equity and Debt	299 245 000	240 749 000	127 231 000	128 976 000

Financial indicators	2022	2021	2020	2019
Return on Equity	53,6 %	57,17 %	36,41 %	23,25 %
Debt-to-Equity Ratio	0	0,02	0,09	0,16
Operating Profit Margin	17,25 %	14,66 %	8,6 %	5,23 %
Current Ratio	1,77	1,59	1,99	1,66
Quick Ratio	−18,96	−44,25	−32,93	−7,89
Equity Ratio	0,48	0,38	0,49	0,39
Gross Profit Margin	19,6 %	18,62 %	12,84 %	10,05 %