VANG ENERGIVERK AS

2975 VANG I VALDRES

Finances

Return on Equity

13,82 %

Current Ratio

0,78

Debt-to-Equity Ratio

0,22

Key figures (NOK)	2022	2021	2020
Revenue	34 641 000	24 909 000	25 264 000
Net Income	8 963 000	902 000	−123 000
Total Assets	126 983 000	102 388 000	87 007 000
Total Equity	64 857 000	55 894 000	54 992 000

Income (NOK)	2022	2021	2020
Revenue	34 641 000	24 909 000	25 264 000
Expenditure	48 510 000	38 613 000	24 926 000
Operating Profit	12 230 000	1 762 000	338 000
Financial Income	147 000	31 000	105 000
Financial Costs	875 000	624 000	587 000
Financial Balance	−728 000	−593 000	−482 000
Earnings Before Tax	11 502 000	1 168 000	−145 000
Tax	2 539 000	267 000	−22 000
Net Income	8 963 000	902 000	−123 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	89 327 000	75 422 000	61 591 000
Total Current Assets	37 656 000	26 966 000	25 416 000
Total Assets	126 983 000	102 388 000	87 007 000
Total Retained Equity	56 390 000	47 426 000	47 960 000
Total Equity	64 857 000	55 894 000	54 992 000
Total Long-Term Debt	14 000 000	14 000 000	14 000 000
Total Current Debt	48 126 000	32 494 000	18 015 000
Total Equity and Debt	126 983 000	102 388 000	87 007 000

Cash flow (NOK)	2022	2021	2020
Sales Income	31 113 000	21 752 000	20 629 000
Other Income	3 528 000	3 156 000	4 635 000
Revenue	34 641 000	24 909 000	25 264 000
Cost of Goods Sold	9 559 000	6 479 000	5 223 000
Salary Costs	8 454 000	9 734 000	8 425 000
Depreciation	3 346 000	2 514 000	2 130 000
Impairment	321 000	131 000	39 000
Expenditure	48 510 000	38 613 000	24 926 000
Operating Profit	12 230 000	1 762 000	338 000
Financial Income	147 000	31 000	105 000
Financial Costs	875 000	624 000	587 000
Financial Balance	−728 000	−593 000	−482 000
Dividends	0	0	0
Net Income	8 963 000	902 000	−123 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	209 000	1 200 000	1 255 000
Real Eastate	4 377 000	4 613 000	57 279 000
Machinery and Plant Facilities	80 650 000	66 391 000	0
Fixtures	3 043 000	2 241 000	2 146 000
Total Tangible Assets	88 070 000	73 245 000	59 425 000
Total Fiancial Fixed Assets	1 047 000	976 000	911 000
Total Fixed Assets	89 327 000	75 422 000	61 591 000
Stock	3 205 000	2 847 000	1 959 000
Total Investments	0	0	0
Cash, Bank	9 265 000	12 040 000	11 838 000
Total Current Assets	37 656 000	26 966 000	25 416 000
Total Assets	126 983 000	102 388 000	87 007 000
Total Equity	64 857 000	55 894 000	54 992 000
Short-Term Group Debt	39 972 000	24 352 000	7 869 000
Total Long-Term Debt	14 000 000	14 000 000	14 000 000
Creditors	2 293 000	2 679 000	3 010 000
Unpaid Taxes	2 410 000	3 255 000	2 789 000
Dividends	0	0	0
Other Current Debt	1 904 000	1 997 000	4 348 000
Total Current Debt	48 126 000	32 494 000	18 015 000
Total Equity and Debt	126 983 000	102 388 000	87 007 000

Financial indicators	2022	2021	2020
Return on Equity	13,82 %	1,61 %	−0,22 %
Debt-to-Equity Ratio	0,22	0,25	0,25
Operating Profit Margin	35,3 %	7,07 %	1,34 %
Current Ratio	0,78	0,83	1,41
Quick Ratio	0,84	0,91	1,58
Equity Ratio	0,51	0,55	0,63
Gross Profit Margin	72,41 %	73,99 %	79,33 %