VETLE BJØRTUFT AS

3658 MILAND

Finances

Return on Equity

39,26 %

Current Ratio

2,41

Debt-to-Equity Ratio

0,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 702 000	3 520 000	2 331 000	2 241 000
Net Income	665 000	279 000	70 000	−126 000
Total Assets	3 163 000	1 684 000	1 115 000	1 125 000
Total Equity	1 694 000	1 029 000	750 000	680 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 702 000	3 520 000	2 331 000	2 241 000
Expenditure	3 813 000	3 158 000	2 239 000	2 402 000
Operating Profit	888 000	362 000	93 000	−161 000
Financial Income	1 000	0	2 000	3 000
Financial Costs	36 000	4 000	6 000	3 000
Financial Balance	−35 000	−4 000	−4 000	0
Earnings Before Tax	853 000	358 000	89 000	−162 000
Tax	188 000	79 000	20 000	−36 000
Net Income	665 000	279 000	70 000	−126 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	803 000	240 000	116 000	115 000
Total Current Assets	2 361 000	1 444 000	999 000	1 011 000
Total Assets	3 163 000	1 684 000	1 115 000	1 125 000
Total Retained Equity	1 664 000	999 000	720 000	650 000
Total Equity	1 694 000	1 029 000	750 000	680 000
Total Long-Term Debt	488 000	7 000	0	0
Total Current Debt	981 000	648 000	366 000	445 000
Total Equity and Debt	3 163 000	1 684 000	1 115 000	1 125 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 702 000	3 520 000	2 331 000	2 241 000
Other Income	0	0	0	0
Revenue	4 702 000	3 520 000	2 331 000	2 241 000
Cost of Goods Sold	1 315 000	1 237 000	424 000	602 000
Salary Costs	1 839 000	1 303 000	1 281 000	1 275 000
Depreciation	152 000	41 000	26 000	27 000
Impairment	0	0	0	0
Expenditure	3 813 000	3 158 000	2 239 000	2 402 000
Operating Profit	888 000	362 000	93 000	−161 000
Financial Income	1 000	0	2 000	3 000
Financial Costs	36 000	4 000	6 000	3 000
Financial Balance	−35 000	−4 000	−4 000	0
Dividends	0	0	0	0
Net Income	665 000	279 000	70 000	−126 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	9 000	29 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	703 000	240 000	107 000	86 000
Total Tangible Assets	703 000	240 000	107 000	86 000
Total Fiancial Fixed Assets	100 000	0	0	0
Total Fixed Assets	803 000	240 000	116 000	115 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 241 000	566 000	444 000	551 000
Total Current Assets	2 361 000	1 444 000	999 000	1 011 000
Total Assets	3 163 000	1 684 000	1 115 000	1 125 000
Total Equity	1 694 000	1 029 000	750 000	680 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	488 000	7 000	0	0
Creditors	335 000	232 000	100 000	162 000
Unpaid Taxes	282 000	236 000	153 000	172 000
Dividends	0	0	0	0
Other Current Debt	185 000	116 000	112 000	112 000
Total Current Debt	981 000	648 000	366 000	445 000
Total Equity and Debt	3 163 000	1 684 000	1 115 000	1 125 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,26 %	27,11 %	9,33 %	−18,53 %
Debt-to-Equity Ratio	0,29	0,01	0	0
Operating Profit Margin	18,89 %	10,28 %	3,99 %	−7,18 %
Current Ratio	2,41	2,23	2,73	2,27
Quick Ratio	2,41	2,23	2,73	2,27
Equity Ratio	0,54	0,61	0,67	0,6
Gross Profit Margin	72,03 %	64,86 %	81,81 %	73,14 %