VSS MAGNE AS

4610 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

27,72 %

Current Ratio

0,29

Debt-to-Equity Ratio

Key figures (USD)	2022	2021	2020	2019
Revenue	11 531 000	7 217 000	3 492 000	2 269 000
Net Income	5 557 000	787 000	−2 607 000	−123 000
Total Assets	48 595 000	46 568 000	43 469 000	46 684 000
Total Equity	20 050 000	14 494 000	13 707 000	45 120 000

Income (USD)	2022	2021	2020	2019
Revenue	11 531 000	7 217 000	3 492 000	2 269 000
Expenditure	8 834 000	7 232 000	5 741 000	1 830 000
Operating Profit	2 696 000	−15 000	−2 249 000	439 000
Financial Income	6 866 000	4 768 000	102 000	48 000
Financial Costs	4 002 000	3 967 000	460 000	586 000
Financial Balance	2 864 000	801 000	−358 000	−538 000
Earnings Before Tax	5 560 000	787 000	−2 607 000	−100 000
Tax	3 000	0	0	23 000
Net Income	5 557 000	787 000	−2 607 000	−123 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	40 363 000	41 012 000	42 637 000	44 406 000
Total Current Assets	8 232 000	5 555 000	833 000	2 278 000
Total Assets	48 595 000	46 568 000	43 469 000	46 684 000
Total Retained Equity	6 344 000	787 000	0	−125 000
Total Equity	20 050 000	14 494 000	13 707 000	45 120 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	28 544 000	32 074 000	29 762 000	1 564 000
Total Equity and Debt	48 595 000	46 568 000	43 469 000	46 684 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	11 531 000	7 217 000	3 492 000	2 269 000
Other Income	0	0	0	0
Revenue	11 531 000	7 217 000	3 492 000	2 269 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 885 000	1 810 000	1 796 000	438 000
Impairment	0	0	0	0
Expenditure	8 834 000	7 232 000	5 741 000	1 830 000
Operating Profit	2 696 000	−15 000	−2 249 000	439 000
Financial Income	6 866 000	4 768 000	102 000	48 000
Financial Costs	4 002 000	3 967 000	460 000	586 000
Financial Balance	2 864 000	801 000	−358 000	−538 000
Dividends	0	0	28 822 000	0
Net Income	5 557 000	787 000	−2 607 000	−123 000

Balance details (USD)	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	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	40 363 000	41 012 000	42 637 000	44 406 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	40 363 000	41 012 000	42 637 000	44 406 000
Stock	494 000	531 000	187 000	439 000
Total Investments	0	0	0	0
Cash, Bank	0	2 415 000	206 000	486 000
Total Current Assets	8 232 000	5 555 000	833 000	2 278 000
Total Assets	48 595 000	46 568 000	43 469 000	46 684 000
Total Equity	20 050 000	14 494 000	13 707 000	45 120 000
Short-Term Group Debt	28 316 000	31 558 000	878 000	1 199 000
Total Long-Term Debt	0	0	0	0
Creditors	213 000	499 000	23 000	315 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	28 822 000	0
Other Current Debt	12 000	17 000	39 000	27 000
Total Current Debt	28 544 000	32 074 000	29 762 000	1 564 000
Total Equity and Debt	48 595 000	46 568 000	43 469 000	46 684 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,72 %	5,43 %	−19,02 %	−0,27 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	23,38 %	−0,21 %	−64,4 %	19,35 %
Current Ratio	0,29	0,17	0,03	1,46
Quick Ratio	0,29	0,18	0,03	2,02
Equity Ratio	0,41	0,31	0,32	0,97
Gross Profit Margin	100 %	100 %	100 %	100 %