AS VAAGEN 35

4006 STAVANGER

Finances

Share Ownership

Return on Equity

83,52 %

Current Ratio

0,4

Debt-to-Equity Ratio

74,91

Key figures (NOK)	2022	2021	2020	2019
Revenue	41 000	64 000	126 000	0
Net Income	76 000	−48 000	−361 000	−34 000
Total Assets	8 462 000	7 652 000	7 654 000	7 640 000
Total Equity	91 000	−418 000	−415 000	−413 000

Income (NOK)	2022	2021	2020	2019
Revenue	41 000	64 000	126 000	0
Expenditure	37 000	100 000	29 000	42 000
Operating Profit	5 000	−36 000	97 000	−42 000
Financial Income	0	0	0	0
Financial Costs	51 000	25 000	559 000	0
Financial Balance	−51 000	−25 000	−559 000	0
Earnings Before Tax	−46 000	−60 000	−462 000	−42 000
Tax	−122 000	−13 000	−101 000	−8 000
Net Income	76 000	−48 000	−361 000	−34 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 846 000	7 594 000	7 194 000	6 795 000
Total Current Assets	616 000	58 000	459 000	845 000
Total Assets	8 462 000	7 652 000	7 654 000	7 640 000
Total Retained Equity	−9 000	−518 000	−2 566 000	−2 205 000
Total Equity	91 000	−418 000	−415 000	−413 000
Total Long-Term Debt	6 817 000	6 817 000	7 276 000	7 983 000
Total Current Debt	1 555 000	1 254 000	793 000	70 000
Total Equity and Debt	8 462 000	7 652 000	7 654 000	7 640 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	41 000	64 000	126 000	0
Other Income	0	0	0	0
Revenue	41 000	64 000	126 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	4 000	4 000	4 000	3 000
Impairment	0	0	0	0
Expenditure	37 000	100 000	29 000	42 000
Operating Profit	5 000	−36 000	97 000	−42 000
Financial Income	0	0	0	0
Financial Costs	51 000	25 000	559 000	0
Financial Balance	−51 000	−25 000	−559 000	0
Dividends	0	0	0	0
Net Income	76 000	−48 000	−361 000	−34 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 784 000	6 788 000	6 791 000	6 795 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 062 000	806 000	403 000	0
Total Tangible Assets	7 846 000	7 594 000	7 194 000	6 795 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 846 000	7 594 000	7 194 000	6 795 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	5 000
Total Current Assets	616 000	58 000	459 000	845 000
Total Assets	8 462 000	7 652 000	7 654 000	7 640 000
Total Equity	91 000	−418 000	−415 000	−413 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 817 000	6 817 000	7 276 000	7 983 000
Creditors	0	0	108 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 555 000	1 254 000	685 000	70 000
Total Current Debt	1 555 000	1 254 000	793 000	70 000
Total Equity and Debt	8 462 000	7 652 000	7 654 000	7 640 000

Financial indicators	2022	2021	2020	2019
Return on Equity	83,52 %	11,48 %	86,99 %	8,23 %
Debt-to-Equity Ratio	74,91	−16,31	−17,53	−19,33
Operating Profit Margin	12,2 %	−56,25 %	76,98 %	-
Current Ratio	0,4	0,05	0,58	12,07
Quick Ratio	0,4	0,05	0,58	12,07
Equity Ratio	0,01	−0,05	−0,05	−0,05
Gross Profit Margin	100 %	100 %	100 %	-