VÅGAN BLIKK AS

8300 SVOLVÆR

Finances

Share Ownership

Return on Equity

3,59 %

Current Ratio

1,27

Debt-to-Equity Ratio

1,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 246 000	5 186 000	4 295 000	4 503 000
Net Income	30 000	149 000	180 000	280 000
Total Assets	2 521 000	1 565 000	1 356 000	1 253 000
Total Equity	836 000	806 000	657 000	477 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 246 000	5 186 000	4 295 000	4 503 000
Expenditure	5 187 000	4 990 000	4 054 000	4 124 000
Operating Profit	58 000	197 000	241 000	379 000
Financial Income	0	0	0	0
Financial Costs	19 000	5 000	11 000	20 000
Financial Balance	−19 000	−5 000	−11 000	−20 000
Earnings Before Tax	39 000	191 000	230 000	359 000
Tax	9 000	42 000	51 000	79 000
Net Income	30 000	149 000	180 000	280 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 543 000	302 000	64 000	51 000
Total Current Assets	978 000	1 263 000	1 292 000	1 202 000
Total Assets	2 521 000	1 565 000	1 356 000	1 253 000
Total Retained Equity	806 000	776 000	627 000	447 000
Total Equity	836 000	806 000	657 000	477 000
Total Long-Term Debt	915 000	91 000	0	0
Total Current Debt	771 000	667 000	699 000	776 000
Total Equity and Debt	2 521 000	1 565 000	1 356 000	1 253 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 242 000	5 186 000	4 295 000	4 503 000
Other Income	3 000	0	0	0
Revenue	5 246 000	5 186 000	4 295 000	4 503 000
Cost of Goods Sold	2 039 000	1 815 000	1 222 000	1 275 000
Salary Costs	2 637 000	2 556 000	2 247 000	2 123 000
Depreciation	116 000	−98 000	12 000	14 000
Impairment	0	0	0	0
Expenditure	5 187 000	4 990 000	4 054 000	4 124 000
Operating Profit	58 000	197 000	241 000	379 000
Financial Income	0	0	0	0
Financial Costs	19 000	5 000	11 000	20 000
Financial Balance	−19 000	−5 000	−11 000	−20 000
Dividends	0	0	0	0
Net Income	30 000	149 000	180 000	280 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	9 000	12 000
Real Eastate	0	50 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 543 000	252 000	49 000	26 000
Total Tangible Assets	1 543 000	302 000	49 000	26 000
Total Fiancial Fixed Assets	0	0	6 000	14 000
Total Fixed Assets	1 543 000	302 000	64 000	51 000
Stock	443 000	571 000	563 000	438 000
Total Investments	0	0	0	0
Cash, Bank	1 000	380 000	93 000	135 000
Total Current Assets	978 000	1 263 000	1 292 000	1 202 000
Total Assets	2 521 000	1 565 000	1 356 000	1 253 000
Total Equity	836 000	806 000	657 000	477 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	915 000	91 000	0	0
Creditors	60 000	111 000	15 000	91 000
Unpaid Taxes	368 000	305 000	277 000	380 000
Dividends	0	0	0	0
Other Current Debt	248 000	239 000	285 000	266 000
Total Current Debt	771 000	667 000	699 000	776 000
Total Equity and Debt	2 521 000	1 565 000	1 356 000	1 253 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,59 %	18,49 %	27,4 %	58,7 %
Debt-to-Equity Ratio	1,09	0,11	0	0
Operating Profit Margin	1,11 %	3,8 %	5,61 %	8,42 %
Current Ratio	1,27	1,89	1,85	1,55
Quick Ratio	2,98	13,16	9,5	3,56
Equity Ratio	0,33	0,52	0,48	0,38
Gross Profit Margin	61,13 %	65 %	71,55 %	71,69 %