R. VÅGE AS

2008 FJERDINGBY

Finances

Share Ownership

Return on Equity

77,78 %

Current Ratio

0,72

Debt-to-Equity Ratio

−3,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 928 000	5 482 000	4 419 000	3 696 000
Net Income	−133 000	165 000	157 000	−126 000
Total Assets	1 287 000	1 234 000	824 000	392 000
Total Equity	−171 000	−38 000	−221 000	−315 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 928 000	5 482 000	4 419 000	3 696 000
Expenditure	6 066 000	5 242 000	4 207 000	3 844 000
Operating Profit	−137 000	239 000	212 000	−148 000
Financial Income	0	0	0	2 000
Financial Costs	33 000	27 000	11 000	14 000
Financial Balance	−33 000	−27 000	−11 000	−12 000
Earnings Before Tax	−170 000	212 000	202 000	−160 000
Tax	−37 000	47 000	45 000	−34 000
Net Income	−133 000	165 000	157 000	−126 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	629 000	720 000	512 000	270 000
Total Current Assets	658 000	514 000	312 000	123 000
Total Assets	1 287 000	1 234 000	824 000	392 000
Total Retained Equity	−201 000	−68 000	−251 000	−345 000
Total Equity	−171 000	−38 000	−221 000	−315 000
Total Long-Term Debt	544 000	690 000	602 000	204 000
Total Current Debt	915 000	583 000	443 000	503 000
Total Equity and Debt	1 287 000	1 234 000	824 000	392 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 928 000	5 482 000	4 242 000	3 696 000
Other Income	0	0	177 000	0
Revenue	5 928 000	5 482 000	4 419 000	3 696 000
Cost of Goods Sold	2 514 000	2 698 000	1 999 000	1 998 000
Salary Costs	2 800 000	1 924 000	1 684 000	1 383 000
Depreciation	184 000	148 000	42 000	93 000
Impairment	0	0	0	0
Expenditure	6 066 000	5 242 000	4 207 000	3 844 000
Operating Profit	−137 000	239 000	212 000	−148 000
Financial Income	0	0	0	2 000
Financial Costs	33 000	27 000	11 000	14 000
Financial Balance	−33 000	−27 000	−11 000	−12 000
Dividends	0	0	0	0
Net Income	−133 000	165 000	157 000	−126 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	40 000	2 000	50 000	95 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	589 000	718 000	463 000	93 000
Total Tangible Assets	589 000	718 000	463 000	93 000
Total Fiancial Fixed Assets	0	0	−1 000	82 000
Total Fixed Assets	629 000	720 000	512 000	270 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	351 000	434 000	292 000	79 000
Total Current Assets	658 000	514 000	312 000	123 000
Total Assets	1 287 000	1 234 000	824 000	392 000
Total Equity	−171 000	−38 000	−221 000	−315 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	544 000	690 000	602 000	204 000
Creditors	282 000	62 000	38 000	178 000
Unpaid Taxes	325 000	319 000	228 000	184 000
Dividends	0	0	0	0
Other Current Debt	308 000	201 000	177 000	141 000
Total Current Debt	915 000	583 000	443 000	503 000
Total Equity and Debt	1 287 000	1 234 000	824 000	392 000

Financial indicators	2022	2021	2020	2019
Return on Equity	77,78 %	−434,21 %	−71,04 %	40 %
Debt-to-Equity Ratio	−3,18	−18,16	−2,72	−0,65
Operating Profit Margin	−2,31 %	4,36 %	4,8 %	−4 %
Current Ratio	0,72	0,88	0,7	0,24
Quick Ratio	0,72	0,88	0,7	0,24
Equity Ratio	−0,13	−0,03	−0,27	−0,8
Gross Profit Margin	57,59 %	50,78 %	54,76 %	45,94 %