VENGSØYVÆRING AS

9120 VENGSØY

Finances

Share Ownership

Return on Equity

28,05 %

Current Ratio

11,22

Debt-to-Equity Ratio

1,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 345 000	5 032 000	4 585 000	2 987 000
Net Income	1 059 000	1 643 000	572 000	451 000
Total Assets	10 439 000	11 586 000	11 812 000	1 181 000
Total Equity	3 776 000	2 718 000	1 074 000	487 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 345 000	5 032 000	4 585 000	2 987 000
Expenditure	3 800 000	2 645 000	3 783 000	2 406 000
Operating Profit	1 545 000	2 387 000	803 000	582 000
Financial Income	37 000	16 000	21 000	2 000
Financial Costs	225 000	295 000	90 000	5 000
Financial Balance	−188 000	−279 000	−69 000	−3 000
Earnings Before Tax	1 357 000	2 107 000	733 000	579 000
Tax	299 000	464 000	161 000	127 000
Net Income	1 059 000	1 643 000	572 000	451 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	453 000	524 000	579 000	721 000
Total Current Assets	9 986 000	11 063 000	11 233 000	460 000
Total Assets	10 439 000	11 586 000	11 812 000	1 181 000
Total Retained Equity	3 746 000	2 688 000	1 044 000	457 000
Total Equity	3 776 000	2 718 000	1 074 000	487 000
Total Long-Term Debt	5 774 000	7 356 000	9 600 000	0
Total Current Debt	890 000	1 513 000	1 137 000	695 000
Total Equity and Debt	10 439 000	11 586 000	11 812 000	1 181 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 249 000	4 916 000	4 514 000	2 926 000
Other Income	96 000	117 000	71 000	61 000
Revenue	5 345 000	5 032 000	4 585 000	2 987 000
Cost of Goods Sold	27 000	0	113 000	3 000
Salary Costs	1 204 000	1 516 000	2 050 000	1 403 000
Depreciation	72 000	70 000	151 000	143 000
Impairment	0	0	0	0
Expenditure	3 800 000	2 645 000	3 783 000	2 406 000
Operating Profit	1 545 000	2 387 000	803 000	582 000
Financial Income	37 000	16 000	21 000	2 000
Financial Costs	225 000	295 000	90 000	5 000
Financial Balance	−188 000	−279 000	−69 000	−3 000
Dividends	0	0	0	0
Net Income	1 059 000	1 643 000	572 000	451 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	20 000	19 000	29 000	20 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	416 000	482 000	550 000	632 000
Fixtures	17 000	22 000	0	0
Total Tangible Assets	433 000	504 000	550 000	701 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	453 000	524 000	579 000	721 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	263 000	1 247 000	1 528 000	81 000
Total Current Assets	9 986 000	11 063 000	11 233 000	460 000
Total Assets	10 439 000	11 586 000	11 812 000	1 181 000
Total Equity	3 776 000	2 718 000	1 074 000	487 000
Short-Term Group Debt	0	0	450 000	450 000
Total Long-Term Debt	5 774 000	7 356 000	9 600 000	0
Creditors	56 000	208 000	130 000	235 000
Unpaid Taxes	338 000	219 000	187 000	−111 000
Dividends	0	0	0	0
Other Current Debt	196 000	632 000	200 000	92 000
Total Current Debt	890 000	1 513 000	1 137 000	695 000
Total Equity and Debt	10 439 000	11 586 000	11 812 000	1 181 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,05 %	60,45 %	53,26 %	92,61 %
Debt-to-Equity Ratio	1,53	2,71	8,94	0
Operating Profit Margin	28,91 %	47,44 %	17,51 %	19,48 %
Current Ratio	11,22	7,31	9,88	0,66
Quick Ratio	11,22	7,31	9,88	0,66
Equity Ratio	0,36	0,23	0,09	0,41
Gross Profit Margin	99,49 %	100 %	97,54 %	99,9 %