VABUA UTVIKLING AS

4610 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

−4,3 %

Current Ratio

0,63

Debt-to-Equity Ratio

3,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 472 000	603 000	185 000	185 000
Net Income	−411 000	−1 332 000	−494 000	−641 000
Total Assets	47 031 000	42 307 000	11 670 000	11 464 000
Total Equity	9 554 000	9 614 000	1 307 000	−299 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 472 000	603 000	185 000	185 000
Expenditure	1 481 000	1 042 000	358 000	448 000
Operating Profit	−9 000	−439 000	−173 000	−264 000
Financial Income	0	0	0	0
Financial Costs	1 710 000	894 000	321 000	377 000
Financial Balance	−1 710 000	−894 000	−321 000	−377 000
Earnings Before Tax	−1 719 000	−1 332 000	−494 000	−641 000
Tax	−1 308 000	0	0	0
Net Income	−411 000	−1 332 000	−494 000	−641 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	46 207 000	41 329 000	11 334 000	11 314 000
Total Current Assets	824 000	978 000	336 000	150 000
Total Assets	47 031 000	42 307 000	11 670 000	11 464 000
Total Retained Equity	−4 286 000	−4 226 000	−2 893 000	−2 399 000
Total Equity	9 554 000	9 614 000	1 307 000	−299 000
Total Long-Term Debt	36 176 000	30 780 000	10 320 000	11 720 000
Total Current Debt	1 300 000	1 912 000	43 000	43 000
Total Equity and Debt	47 031 000	42 307 000	11 670 000	11 464 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 472 000	603 000	185 000	185 000
Revenue	1 472 000	603 000	185 000	185 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 481 000	1 042 000	358 000	448 000
Operating Profit	−9 000	−439 000	−173 000	−264 000
Financial Income	0	0	0	0
Financial Costs	1 710 000	894 000	321 000	377 000
Financial Balance	−1 710 000	−894 000	−321 000	−377 000
Dividends	0	0	0	0
Net Income	−411 000	−1 332 000	−494 000	−641 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	46 207 000	27 699 000	11 334 000	11 314 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	46 207 000	27 699 000	11 334 000	11 314 000
Total Fiancial Fixed Assets	0	13 630 000	0	0
Total Fixed Assets	46 207 000	41 329 000	11 334 000	11 314 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	669 000	370 000	283 000	98 000
Total Current Assets	824 000	978 000	336 000	150 000
Total Assets	47 031 000	42 307 000	11 670 000	11 464 000
Total Equity	9 554 000	9 614 000	1 307 000	−299 000
Short-Term Group Debt	0	212 000	0	0
Total Long-Term Debt	36 176 000	30 780 000	10 320 000	11 720 000
Creditors	229 000	688 000	8 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 071 000	1 013 000	35 000	43 000
Total Current Debt	1 300 000	1 912 000	43 000	43 000
Total Equity and Debt	47 031 000	42 307 000	11 670 000	11 464 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,3 %	−13,85 %	−37,8 %	214,38 %
Debt-to-Equity Ratio	3,79	3,2	7,9	−39,2
Operating Profit Margin	−0,61 %	−72,8 %	−93,51 %	−142,7 %
Current Ratio	0,63	0,51	7,81	3,49
Quick Ratio	0,63	0,51	7,81	3,49
Equity Ratio	0,2	0,23	0,11	−0,03
Gross Profit Margin	100 %	100 %	100 %	100 %