VATNE DEKKSERVICE AS

6153 ØRSTA

Finances

Return on Equity

34,97 %

Current Ratio

2,19

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 243 000	13 332 000	9 829 000	7 038 000
Net Income	1 721 000	1 044 000	1 100 000	600 000
Total Assets	8 123 000	5 829 000	4 320 000	2 220 000
Total Equity	4 922 000	2 873 000	2 429 000	1 329 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 243 000	13 332 000	9 829 000	7 038 000
Expenditure	15 022 000	11 977 000	8 398 000	6 247 000
Operating Profit	2 221 000	1 356 000	1 433 000	790 000
Financial Income	5 000	5 000	1 000	1 000
Financial Costs	15 000	21 000	23 000	28 000
Financial Balance	−10 000	−16 000	−22 000	−27 000
Earnings Before Tax	2 211 000	1 339 000	1 411 000	762 000
Tax	490 000	295 000	311 000	163 000
Net Income	1 721 000	1 044 000	1 100 000	600 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 367 000	932 000	918 000	527 000
Total Current Assets	6 756 000	4 896 000	3 403 000	1 693 000
Total Assets	8 123 000	5 829 000	4 320 000	2 220 000
Total Retained Equity	4 462 000	2 771 000	2 327 000	1 227 000
Total Equity	4 922 000	2 873 000	2 429 000	1 329 000
Total Long-Term Debt	111 000	223 000	341 000	432 000
Total Current Debt	3 090 000	2 733 000	1 550 000	459 000
Total Equity and Debt	8 123 000	5 829 000	4 320 000	2 220 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 213 000	13 216 000	9 823 000	6 918 000
Other Income	30 000	116 000	7 000	119 000
Revenue	17 243 000	13 332 000	9 829 000	7 038 000
Cost of Goods Sold	10 367 000	8 236 000	5 990 000	4 440 000
Salary Costs	2 762 000	2 202 000	1 292 000	876 000
Depreciation	425 000	292 000	199 000	151 000
Impairment	0	0	0	0
Expenditure	15 022 000	11 977 000	8 398 000	6 247 000
Operating Profit	2 221 000	1 356 000	1 433 000	790 000
Financial Income	5 000	5 000	1 000	1 000
Financial Costs	15 000	21 000	23 000	28 000
Financial Balance	−10 000	−16 000	−22 000	−27 000
Dividends	0	600 000	0	0
Net Income	1 721 000	1 044 000	1 100 000	600 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	81 000	128 000	135 000
Fixtures	1 342 000	826 000	765 000	367 000
Total Tangible Assets	1 342 000	907 000	893 000	502 000
Total Fiancial Fixed Assets	25 000	25 000	25 000	25 000
Total Fixed Assets	1 367 000	932 000	918 000	527 000
Stock	1 212 000	1 025 000	503 000	350 000
Total Investments	0	0	0	0
Cash, Bank	4 176 000	2 945 000	2 092 000	1 203 000
Total Current Assets	6 756 000	4 896 000	3 403 000	1 693 000
Total Assets	8 123 000	5 829 000	4 320 000	2 220 000
Total Equity	4 922 000	2 873 000	2 429 000	1 329 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	111 000	223 000	341 000	432 000
Creditors	1 295 000	631 000	658 000	0
Unpaid Taxes	940 000	743 000	444 000	169 000
Dividends	0	600 000	0	0
Other Current Debt	352 000	449 000	149 000	139 000
Total Current Debt	3 090 000	2 733 000	1 550 000	459 000
Total Equity and Debt	8 123 000	5 829 000	4 320 000	2 220 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,97 %	36,34 %	45,29 %	45,15 %
Debt-to-Equity Ratio	0,02	0,08	0,14	0,33
Operating Profit Margin	12,88 %	10,17 %	14,58 %	11,22 %
Current Ratio	2,19	1,79	2,2	3,69
Quick Ratio	3,6	2,87	3,25	15,53
Equity Ratio	0,61	0,49	0,56	0,6
Gross Profit Margin	39,88 %	38,22 %	39,06 %	36,91 %