VGF AS

7047 TRONDHEIM

Finances

Share Ownership

Return on Equity

357,13 %

Current Ratio

1,35

Debt-to-Equity Ratio

−4,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	53 635 000	66 576 000	73 285 000	88 254 000
Net Income	−7 464 000	−2 399 000	−2 190 000	1 864 000
Total Assets	11 672 000	10 925 000	8 113 000	7 696 000
Total Equity	−2 090 000	1 178 000	1 126 000	1 046 000

Income (NOK)	2022	2021	2020	2019
Revenue	53 635 000	66 576 000	73 285 000	88 254 000
Expenditure	59 669 000	69 022 000	75 761 000	86 464 000
Operating Profit	−7 221 000	−2 306 000	−2 340 000	2 336 000
Financial Income	40 000	49 000	196 000	205 000
Financial Costs	283 000	142 000	45 000	34 000
Financial Balance	−243 000	−93 000	151 000	171 000
Earnings Before Tax	−7 464 000	−2 399 000	−2 190 000	2 508 000
Tax	0	0	0	644 000
Net Income	−7 464 000	−2 399 000	−2 190 000	1 864 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 824 000	3 951 000	4 076 000	3 096 000
Total Current Assets	4 848 000	6 974 000	4 037 000	4 600 000
Total Assets	11 672 000	10 925 000	8 113 000	7 696 000
Total Retained Equity	−2 120 000	1 148 000	1 096 000	1 016 000
Total Equity	−2 090 000	1 178 000	1 126 000	1 046 000
Total Long-Term Debt	10 172 000	5 413 000	1 634 000	0
Total Current Debt	3 591 000	4 333 000	5 352 000	6 649 000
Total Equity and Debt	11 672 000	10 925 000	8 113 000	7 696 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	53 057 000	65 708 000	71 928 000	86 698 000
Other Income	578 000	869 000	1 357 000	1 556 000
Revenue	53 635 000	66 576 000	73 285 000	88 254 000
Cost of Goods Sold	45 838 000	55 732 000	63 243 000	76 947 000
Salary Costs	7 761 000	6 617 000	5 764 000	5 438 000
Depreciation	295 000	268 000	164 000	83 000
Impairment	0	0	0	0
Expenditure	59 669 000	69 022 000	75 761 000	86 464 000
Operating Profit	−7 221 000	−2 306 000	−2 340 000	2 336 000
Financial Income	40 000	49 000	196 000	205 000
Financial Costs	283 000	142 000	45 000	34 000
Financial Balance	−243 000	−93 000	151 000	171 000
Dividends	0	0	0	0
Net Income	−7 464 000	−2 399 000	−2 190 000	1 864 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	548 000	735 000	655 000	0
Machinery and Plant Facilities	329 000	455 000	691 000	258 000
Fixtures	263 000	311 000	119 000	32 000
Total Tangible Assets	1 140 000	1 500 000	1 466 000	291 000
Total Fiancial Fixed Assets	5 684 000	2 451 000	2 611 000	2 805 000
Total Fixed Assets	6 824 000	3 951 000	4 076 000	3 096 000
Stock	812 000	2 826 000	1 439 000	1 454 000
Total Investments	0	0	0	0
Cash, Bank	1 246 000	1 088 000	297 000	1 672 000
Total Current Assets	4 848 000	6 974 000	4 037 000	4 600 000
Total Assets	11 672 000	10 925 000	8 113 000	7 696 000
Total Equity	−2 090 000	1 178 000	1 126 000	1 046 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 172 000	5 413 000	1 634 000	0
Creditors	184 000	1 041 000	2 872 000	1 082 000
Unpaid Taxes	458 000	460 000	331 000	268 000
Dividends	0	0	0	0
Other Current Debt	2 949 000	2 832 000	2 149 000	5 066 000
Total Current Debt	3 591 000	4 333 000	5 352 000	6 649 000
Total Equity and Debt	11 672 000	10 925 000	8 113 000	7 696 000

Financial indicators	2022	2021	2020	2019
Return on Equity	357,13 %	−203,65 %	−194,49 %	178,2 %
Debt-to-Equity Ratio	−4,87	4,6	1,45	0
Operating Profit Margin	−13,46 %	−3,46 %	−3,19 %	2,65 %
Current Ratio	1,35	1,61	0,75	0,69
Quick Ratio	1,74	4,63	1,03	0,89
Equity Ratio	−0,18	0,11	0,14	0,14
Gross Profit Margin	14,54 %	16,29 %	13,7 %	12,81 %