VABAKKEN INVEST AS

5411 STORD

Finances

Share Ownership

Return on Equity

38,96 %

Current Ratio

14,06

Debt-to-Equity Ratio

43,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 788 000	2 251 000	761 000	0
Net Income	644 000	−623 000	−506 000	3 854 000
Total Assets	77 779 000	73 982 000	53 823 000	39 237 000
Total Equity	1 653 000	1 010 000	−368 000	138 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 788 000	2 251 000	761 000	0
Expenditure	22 914 000	3 032 000	1 001 000	92 000
Operating Profit	1 874 000	−780 000	−240 000	−92 000
Financial Income	27 000	5 000	4 000	4 065 000
Financial Costs	1 033 000	2 000	413 000	179 000
Financial Balance	−1 006 000	3 000	−409 000	3 886 000
Earnings Before Tax	868 000	−777 000	−648 000	3 794 000
Tax	224 000	−155 000	−143 000	−60 000
Net Income	644 000	−623 000	−506 000	3 854 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 932 000	20 003 000	19 978 000	12 374 000
Total Current Assets	57 848 000	53 978 000	33 845 000	26 862 000
Total Assets	77 779 000	73 982 000	53 823 000	39 237 000
Total Retained Equity	−447 000	−1 090 000	−468 000	38 000
Total Equity	1 653 000	1 010 000	−368 000	138 000
Total Long-Term Debt	72 012 000	72 405 000	50 035 000	33 031 000
Total Current Debt	4 113 000	567 000	4 156 000	6 067 000
Total Equity and Debt	77 779 000	73 982 000	53 823 000	39 237 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 442 000	1 261 000	0	0
Other Income	8 346 000	990 000	761 000	0
Revenue	24 788 000	2 251 000	761 000	0
Cost of Goods Sold	20 700 000	1 158 000	0	0
Salary Costs	0	0	0	0
Depreciation	844 000	552 000	395 000	0
Impairment	0	0	0	0
Expenditure	22 914 000	3 032 000	1 001 000	92 000
Operating Profit	1 874 000	−780 000	−240 000	−92 000
Financial Income	27 000	5 000	4 000	4 065 000
Financial Costs	1 033 000	2 000	413 000	179 000
Financial Balance	−1 006 000	3 000	−409 000	3 886 000
Dividends	0	0	0	3 800 000
Net Income	644 000	−623 000	−506 000	3 854 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	50 000	166 000	11 000	64 000
Real Eastate	19 813 000	19 816 000	19 967 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	69 000	22 000	0	0
Total Tangible Assets	19 882 000	19 838 000	19 967 000	0
Total Fiancial Fixed Assets	0	0	0	12 310 000
Total Fixed Assets	19 932 000	20 003 000	19 978 000	12 374 000
Stock	49 675 000	51 252 000	30 796 000	26 481 000
Total Investments	0	0	0	0
Cash, Bank	213 000	2 387 000	2 860 000	381 000
Total Current Assets	57 848 000	53 978 000	33 845 000	26 862 000
Total Assets	77 779 000	73 982 000	53 823 000	39 237 000
Total Equity	1 653 000	1 010 000	−368 000	138 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	72 012 000	72 405 000	50 035 000	33 031 000
Creditors	3 734 000	419 000	1 785 000	2 221 000
Unpaid Taxes	0	8 000	23 000	0
Dividends	0	0	0	3 800 000
Other Current Debt	379 000	140 000	2 348 000	47 000
Total Current Debt	4 113 000	567 000	4 156 000	6 067 000
Total Equity and Debt	77 779 000	73 982 000	53 823 000	39 237 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,96 %	−61,68 %	137,5 %	2 792,75 %
Debt-to-Equity Ratio	43,56	71,69	−135,96	239,36
Operating Profit Margin	7,56 %	−34,65 %	−31,54 %	-
Current Ratio	14,06	95,2	8,14	4,43
Quick Ratio	−1,27	−1,06	−1,27	−1,32
Equity Ratio	0,02	0,01	−0,01	0
Gross Profit Margin	16,49 %	48,56 %	100 %	-