VENGÅKRAFT AS

0160 OSLO

Finances

Share Ownership

Return on Equity

−35,68 %

Current Ratio

13,45

Debt-to-Equity Ratio

9,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 164 000	4 204 000	1 236 000	5 083 000
Net Income	−1 477 000	572 000	−1 920 000	967 000
Total Assets	45 002 000	45 361 000	44 208 000	46 596 000
Total Equity	4 140 000	5 617 000	5 045 000	6 965 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 164 000	4 204 000	1 236 000	5 083 000
Expenditure	2 590 000	1 996 000	2 233 000	2 453 000
Operating Profit	−426 000	2 208 000	−997 000	2 631 000
Financial Income	1 000	0	0	1 000
Financial Costs	1 469 000	1 475 000	1 465 000	1 392 000
Financial Balance	−1 468 000	−1 475 000	−1 465 000	−1 391 000
Earnings Before Tax	−1 893 000	733 000	−2 462 000	1 239 000
Tax	−417 000	161 000	−542 000	273 000
Net Income	−1 477 000	572 000	−1 920 000	967 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	42 515 000	42 702 000	43 843 000	44 241 000
Total Current Assets	2 488 000	2 659 000	364 000	2 355 000
Total Assets	45 002 000	45 361 000	44 208 000	46 596 000
Total Retained Equity	−2 760 000	−1 283 000	−1 855 000	65 000
Total Equity	4 140 000	5 617 000	5 045 000	6 965 000
Total Long-Term Debt	40 677 000	39 409 000	39 009 000	39 223 000
Total Current Debt	185 000	334 000	153 000	407 000
Total Equity and Debt	45 002 000	45 361 000	44 208 000	46 596 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 824 000	4 204 000	1 236 000	5 083 000
Other Income	340 000	0	0	0
Revenue	2 164 000	4 204 000	1 236 000	5 083 000
Cost of Goods Sold	541 000	262 000	272 000	348 000
Salary Costs	0	0	0	0
Depreciation	989 000	980 000	979 000	979 000
Impairment	0	0	0	0
Expenditure	2 590 000	1 996 000	2 233 000	2 453 000
Operating Profit	−426 000	2 208 000	−997 000	2 631 000
Financial Income	1 000	0	0	1 000
Financial Costs	1 469 000	1 475 000	1 465 000	1 392 000
Financial Balance	−1 468 000	−1 475 000	−1 465 000	−1 391 000
Dividends	0	0	0	0
Net Income	−1 477 000	572 000	−1 920 000	967 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	798 000	382 000	543 000	1 000
Real Eastate	41 717 000	42 321 000	43 300 000	44 239 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	41 717 000	42 321 000	43 300 000	44 239 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	42 515 000	42 702 000	43 843 000	44 241 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 457 000	2 494 000	278 000	2 125 000
Total Current Assets	2 488 000	2 659 000	364 000	2 355 000
Total Assets	45 002 000	45 361 000	44 208 000	46 596 000
Total Equity	4 140 000	5 617 000	5 045 000	6 965 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	40 677 000	39 409 000	39 009 000	39 223 000
Creditors	70 000	227 000	71 000	81 000
Unpaid Taxes	0	58 000	14 000	27 000
Dividends	0	0	0	0
Other Current Debt	115 000	49 000	69 000	300 000
Total Current Debt	185 000	334 000	153 000	407 000
Total Equity and Debt	45 002 000	45 361 000	44 208 000	46 596 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−35,68 %	10,18 %	−38,06 %	13,88 %
Debt-to-Equity Ratio	9,83	7,02	7,73	5,63
Operating Profit Margin	−19,69 %	52,52 %	−80,66 %	51,76 %
Current Ratio	13,45	7,96	2,38	5,79
Quick Ratio	13,45	7,96	2,38	5,79
Equity Ratio	0,09	0,12	0,11	0,15
Gross Profit Margin	75 %	93,77 %	77,99 %	93,15 %