VAK NORGE AS

3173 VEAR

Finances

Share Ownership

Return on Equity

7,88 %

Current Ratio

0,96

Debt-to-Equity Ratio

−1,15

Key figures (NOK)	2022	2021	2020
Revenue	28 429 000	13 358 000	0
Net Income	−49 000	−479 000	−183 000
Total Assets	5 759 000	4 425 000	430 000
Total Equity	−622 000	−574 000	−95 000

Income (NOK)	2022	2021	2020
Revenue	28 429 000	13 358 000	0
Expenditure	28 342 000	13 982 000	238 000
Operating Profit	86 000	−624 000	−238 000
Financial Income	0	24 000	0
Financial Costs	149 000	14 000	0
Financial Balance	−149 000	10 000	0
Earnings Before Tax	−63 000	−614 000	−238 000
Tax	−14 000	−135 000	−55 000
Net Income	−49 000	−479 000	−183 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	306 000	358 000	145 000
Total Current Assets	5 453 000	4 068 000	285 000
Total Assets	5 759 000	4 425 000	430 000
Total Retained Equity	−711 000	−662 000	−183 000
Total Equity	−622 000	−574 000	−95 000
Total Long-Term Debt	713 000	663 000	0
Total Current Debt	5 668 000	4 336 000	525 000
Total Equity and Debt	5 759 000	4 425 000	430 000

Cash flow (NOK)	2022	2021	2020
Sales Income	28 429 000	13 358 000	0
Other Income	0	0	0
Revenue	28 429 000	13 358 000	0
Cost of Goods Sold	26 139 000	12 502 000	0
Salary Costs	1 036 000	991 000	177 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	28 342 000	13 982 000	238 000
Operating Profit	86 000	−624 000	−238 000
Financial Income	0	24 000	0
Financial Costs	149 000	14 000	0
Financial Balance	−149 000	10 000	0
Dividends	0	0	0
Net Income	−49 000	−479 000	−183 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	204 000	190 000	55 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	102 000	168 000	90 000
Total Fixed Assets	306 000	358 000	145 000
Stock	3 737 000	1 607 000	0
Total Investments	0	0	0
Cash, Bank	897 000	2 353 000	253 000
Total Current Assets	5 453 000	4 068 000	285 000
Total Assets	5 759 000	4 425 000	430 000
Total Equity	−622 000	−574 000	−95 000
Short-Term Group Debt	46 000	44 000	368 000
Total Long-Term Debt	713 000	663 000	0
Creditors	3 812 000	3 675 000	29 000
Unpaid Taxes	1 683 000	495 000	59 000
Dividends	0	0	0
Other Current Debt	128 000	123 000	69 000
Total Current Debt	5 668 000	4 336 000	525 000
Total Equity and Debt	5 759 000	4 425 000	430 000

Financial indicators	2022	2021	2020
Return on Equity	7,88 %	83,45 %	192,63 %
Debt-to-Equity Ratio	−1,15	−1,16	−0
Operating Profit Margin	0,3 %	−4,67 %	-
Current Ratio	0,96	0,94	0,54
Quick Ratio	2,82	1,49	0,54
Equity Ratio	−0,11	−0,13	−0,22
Gross Profit Margin	8,06 %	6,41 %	-