VÅGEN BÅTLAG AS

6296 HARØY

Finances

Share Ownership

Return on Equity

32,86 %

Current Ratio

1,62

Debt-to-Equity Ratio

−1,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	208 000	124 000	48 000	35 000
Net Income	−69 000	−93 000	−69 000	−71 000
Total Assets	273 000	49 000	24 000	23 000
Total Equity	−210 000	−141 000	−48 000	21 000

Income (NOK)	2022	2021	2020	2019
Revenue	208 000	124 000	48 000	35 000
Expenditure	257 000	217 000	116 000	106 000
Operating Profit	−49 000	−93 000	−68 000	−70 000
Financial Income	0	0	0	0
Financial Costs	20 000	0	2 000	0
Financial Balance	−20 000	0	−2 000	0
Earnings Before Tax	−69 000	−93 000	−69 000	−71 000
Tax	0	0	0	0
Net Income	−69 000	−93 000	−69 000	−71 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 000	43 000	59 000	19 000
Total Current Assets	243 000	6 000	−35 000	4 000
Total Assets	273 000	49 000	24 000	23 000
Total Retained Equity	−738 000	−669 000	−576 000	−506 000
Total Equity	−210 000	−141 000	−48 000	21 000
Total Long-Term Debt	333 000	0	0	0
Total Current Debt	150 000	190 000	71 000	2 000
Total Equity and Debt	273 000	49 000	24 000	23 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	83 000	24 000	48 000	35 000
Other Income	125 000	100 000	0	0
Revenue	208 000	124 000	48 000	35 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	12 000	12 000	6 000	3 000
Impairment	0	0	0	0
Expenditure	257 000	217 000	116 000	106 000
Operating Profit	−49 000	−93 000	−68 000	−70 000
Financial Income	0	0	0	0
Financial Costs	20 000	0	2 000	0
Financial Balance	−20 000	0	−2 000	0
Dividends	0	0	0	0
Net Income	−69 000	−93 000	−69 000	−71 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 000	12 000	15 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	12 000	18 000	28 000	0
Total Tangible Assets	22 000	31 000	44 000	19 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	30 000	43 000	59 000	19 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 000	4 000	1 000	2 000
Total Current Assets	243 000	6 000	−35 000	4 000
Total Assets	273 000	49 000	24 000	23 000
Total Equity	−210 000	−141 000	−48 000	21 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	333 000	0	0	0
Creditors	150 000	11 000	71 000	2 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	179 000	0	0
Total Current Debt	150 000	190 000	71 000	2 000
Total Equity and Debt	273 000	49 000	24 000	23 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,86 %	65,96 %	143,75 %	−338,1 %
Debt-to-Equity Ratio	−1,59	−0	−0	0
Operating Profit Margin	−23,56 %	−75 %	−141,67 %	−200 %
Current Ratio	1,62	0,03	−0,49	2
Quick Ratio	1,62	0,03	−0,49	2
Equity Ratio	−0,77	−2,88	−2	0,91
Gross Profit Margin	100 %	100 %	100 %	100 %