VANGSNES AS

4200 SAUDA

Finances

Return on Equity

19,36 %

Current Ratio

0,17

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 056 000	1 016 000	964 000	874 000
Net Income	259 000	326 000	161 000	44 000
Total Assets	9 439 000	12 488 000	12 746 000	12 411 000
Total Equity	1 338 000	1 257 000	3 820 000	3 163 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 056 000	1 016 000	964 000	874 000
Expenditure	454 000	410 000	470 000	427 000
Operating Profit	602 000	606 000	493 000	446 000
Financial Income	72 000	49 000	62 000	52 000
Financial Costs	341 000	236 000	349 000	442 000
Financial Balance	−269 000	−187 000	−287 000	−390 000
Earnings Before Tax	332 000	418 000	206 000	56 000
Tax	73 000	92 000	46 000	12 000
Net Income	259 000	326 000	161 000	44 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 118 000	8 147 000	8 387 000	8 876 000
Total Current Assets	1 321 000	4 340 000	4 359 000	3 535 000
Total Assets	9 439 000	12 488 000	12 746 000	12 411 000
Total Retained Equity	81 000	0	0	−3 211 000
Total Equity	1 338 000	1 257 000	3 820 000	3 163 000
Total Long-Term Debt	177 000	7 858 000	8 187 000	9 104 000
Total Current Debt	7 923 000	3 373 000	739 000	144 000
Total Equity and Debt	9 439 000	12 488 000	12 746 000	12 411 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 056 000	1 016 000	964 000	874 000
Other Income	0	0	0	0
Revenue	1 056 000	1 016 000	964 000	874 000
Cost of Goods Sold	0	0	0	0
Salary Costs	10 000	0	0	0
Depreciation	245 000	240 000	240 000	240 000
Impairment	0	0	0	0
Expenditure	454 000	410 000	470 000	427 000
Operating Profit	602 000	606 000	493 000	446 000
Financial Income	72 000	49 000	62 000	52 000
Financial Costs	341 000	236 000	349 000	442 000
Financial Balance	−269 000	−187 000	−287 000	−390 000
Dividends	0	2 900 000	0	0
Net Income	259 000	326 000	161 000	44 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	250 000
Real Eastate	8 117 000	8 136 000	8 370 000	8 604 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	11 000	17 000	23 000
Total Tangible Assets	8 117 000	8 146 000	8 386 000	8 626 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	0
Total Fixed Assets	8 118 000	8 147 000	8 387 000	8 876 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	749 000	906 000	919 000	270 000
Total Current Assets	1 321 000	4 340 000	4 359 000	3 535 000
Total Assets	9 439 000	12 488 000	12 746 000	12 411 000
Total Equity	1 338 000	1 257 000	3 820 000	3 163 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	177 000	7 858 000	8 187 000	9 104 000
Creditors	55 000	32 000	45 000	53 000
Unpaid Taxes	15 000	15 000	15 000	0
Dividends	0	2 900 000	0	0
Other Current Debt	575 000	352 000	653 000	91 000
Total Current Debt	7 923 000	3 373 000	739 000	144 000
Total Equity and Debt	9 439 000	12 488 000	12 746 000	12 411 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,36 %	25,93 %	4,21 %	1,39 %
Debt-to-Equity Ratio	0,13	6,25	2,14	2,88
Operating Profit Margin	57,01 %	59,65 %	51,14 %	51,03 %
Current Ratio	0,17	1,29	5,9	24,55
Quick Ratio	0,17	1,29	5,9	24,55
Equity Ratio	0,14	0,1	0,3	0,25
Gross Profit Margin	100 %	100 %	100 %	100 %