OLE VIGSGATE 7 AS

5164 LAKSEVÅG

Finances

Share Ownership

Return on Equity

88,58 %

Current Ratio

2,97

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	944 000	827 000	783 000	801 000
Net Income	388 000	91 000	173 000	−188 000
Total Assets	608 000	393 000	495 000	316 000
Total Equity	438 000	350 000	489 000	316 000

Income (NOK)	2022	2021	2020	2019
Revenue	944 000	827 000	783 000	801 000
Expenditure	451 000	714 000	605 000	1 000 000
Operating Profit	493 000	112 000	178 000	−198 000
Financial Income	5 000	5 000	1 000	0
Financial Costs	0	0	0	1 000
Financial Balance	5 000	5 000	1 000	−1 000
Earnings Before Tax	498 000	117 000	179 000	−199 000
Tax	110 000	26 000	6 000	−10 000
Net Income	388 000	91 000	173 000	−188 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	130 000	137 000	144 000	157 000
Total Current Assets	478 000	256 000	351 000	159 000
Total Assets	608 000	393 000	495 000	316 000
Total Retained Equity	332 000	244 000	382 000	209 000
Total Equity	438 000	350 000	489 000	316 000
Total Long-Term Debt	8 000	13 000	6 000	0
Total Current Debt	161 000	30 000	0	0
Total Equity and Debt	608 000	393 000	495 000	316 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	944 000	827 000	783 000	801 000
Revenue	944 000	827 000	783 000	801 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	7 000	7 000	13 000	21 000
Impairment	0	0	0	0
Expenditure	451 000	714 000	605 000	1 000 000
Operating Profit	493 000	112 000	178 000	−198 000
Financial Income	5 000	5 000	1 000	0
Financial Costs	0	0	0	1 000
Financial Balance	5 000	5 000	1 000	−1 000
Dividends	60 000	0	0	0
Net Income	388 000	91 000	173 000	−188 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	130 000	137 000	144 000	157 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	130 000	137 000	144 000	157 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	130 000	137 000	144 000	157 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	378 000	231 000	324 000	137 000
Total Current Assets	478 000	256 000	351 000	159 000
Total Assets	608 000	393 000	495 000	316 000
Total Equity	438 000	350 000	489 000	316 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 000	13 000	6 000	0
Creditors	−18 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	60 000	0	0	0
Other Current Debt	8 000	8 000	0	0
Total Current Debt	161 000	30 000	0	0
Total Equity and Debt	608 000	393 000	495 000	316 000

Financial indicators	2022	2021	2020	2019
Return on Equity	88,58 %	26 %	35,38 %	−59,49 %
Debt-to-Equity Ratio	0,02	0,04	0,01	0
Operating Profit Margin	52,22 %	13,54 %	22,73 %	−24,72 %
Current Ratio	2,97	8,53	-	-
Quick Ratio	2,97	8,53	-	-
Equity Ratio	0,72	0,89	0,99	1
Gross Profit Margin	100 %	100 %	100 %	100 %