VANG ØKONOMISERVICE AS

2975 VANG I VALDRES

Finances

Share Ownership

Return on Equity

12,7 %

Current Ratio

1,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 209 000	1 197 000	1 267 000	1 302 000
Net Income	40 000	35 000	−37 000	50 000
Total Assets	1 163 000	1 099 000	1 056 000	1 476 000
Total Equity	315 000	274 000	239 000	277 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 209 000	1 197 000	1 267 000	1 302 000
Expenditure	1 170 000	1 164 000	1 299 000	1 237 000
Operating Profit	40 000	34 000	−32 000	65 000
Financial Income	2 000	1 000	2 000	4 000
Financial Costs	1 000	0	3 000	3 000
Financial Balance	1 000	1 000	−1 000	1 000
Earnings Before Tax	40 000	35 000	−32 000	66 000
Tax	0	0	5 000	16 000
Net Income	40 000	35 000	−37 000	50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	1 000	1 000	1 000
Total Current Assets	1 163 000	1 098 000	1 055 000	1 475 000
Total Assets	1 163 000	1 099 000	1 056 000	1 476 000
Total Retained Equity	215 000	174 000	139 000	177 000
Total Equity	315 000	274 000	239 000	277 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	849 000	825 000	817 000	1 199 000
Total Equity and Debt	1 163 000	1 099 000	1 056 000	1 476 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 209 000	1 197 000	1 266 000	1 302 000
Other Income	0	0	1 000	0
Revenue	1 209 000	1 197 000	1 267 000	1 302 000
Cost of Goods Sold	10 000	10 000	8 000	5 000
Salary Costs	750 000	797 000	818 000	853 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 170 000	1 164 000	1 299 000	1 237 000
Operating Profit	40 000	34 000	−32 000	65 000
Financial Income	2 000	1 000	2 000	4 000
Financial Costs	1 000	0	3 000	3 000
Financial Balance	1 000	1 000	−1 000	1 000
Dividends	0	0	0	0
Net Income	40 000	35 000	−37 000	50 000

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	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	1 000	1 000	1 000
Total Fixed Assets	0	1 000	1 000	1 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	122 000	93 000	94 000	79 000
Total Current Assets	1 163 000	1 098 000	1 055 000	1 475 000
Total Assets	1 163 000	1 099 000	1 056 000	1 476 000
Total Equity	315 000	274 000	239 000	277 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	59 000	24 000	32 000	28 000
Unpaid Taxes	281 000	221 000	216 000	296 000
Dividends	0	0	0	0
Other Current Debt	509 000	580 000	564 000	859 000
Total Current Debt	849 000	825 000	817 000	1 199 000
Total Equity and Debt	1 163 000	1 099 000	1 056 000	1 476 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,7 %	12,77 %	−15,48 %	18,05 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,31 %	2,84 %	−2,53 %	4,99 %
Current Ratio	1,37	1,33	1,29	1,23
Quick Ratio	1,37	1,33	1,29	1,23
Equity Ratio	0,27	0,25	0,23	0,19
Gross Profit Margin	99,17 %	99,16 %	99,37 %	99,62 %