JH VANG AS

8646 KORGEN

Finances

Share Ownership

Return on Equity

434 %

Current Ratio

0,37

Debt-to-Equity Ratio

0,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	527 000	367 000	268 000	358 000
Net Income	217 000	165 000	−41 000	13 000
Total Assets	408 000	167 000	217 000	357 000
Total Equity	50 000	25 000	120 000	161 000

Income (NOK)	2022	2021	2020	2019
Revenue	527 000	367 000	268 000	358 000
Expenditure	249 000	169 000	309 000	341 000
Operating Profit	277 000	198 000	−41 000	16 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	1 000	1 000
Earnings Before Tax	278 000	199 000	−40 000	17 000
Tax	61 000	34 000	1 000	4 000
Net Income	217 000	165 000	−41 000	13 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	283 000	39 000	139 000	224 000
Total Current Assets	125 000	129 000	78 000	134 000
Total Assets	408 000	167 000	217 000	357 000
Total Retained Equity	0	−25 000	70 000	111 000
Total Equity	50 000	25 000	120 000	161 000
Total Long-Term Debt	22 000	26 000	0	4 000
Total Current Debt	336 000	116 000	97 000	193 000
Total Equity and Debt	408 000	167 000	217 000	357 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	527 000	158 000	268 000	358 000
Other Income	0	208 000	0	0
Revenue	527 000	367 000	268 000	358 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	52 000	47 000
Depreciation	10 000	24 000	107 000	115 000
Impairment	0	0	0	0
Expenditure	249 000	169 000	309 000	341 000
Operating Profit	277 000	198 000	−41 000	16 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	1 000	1 000
Dividends	192 000	0	0	0
Net Income	217 000	165 000	−41 000	13 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	25 000	0	119 000	219 000
Fixtures	31 000	39 000	19 000	5 000
Total Tangible Assets	55 000	39 000	139 000	224 000
Total Fiancial Fixed Assets	227 000	0	0	0
Total Fixed Assets	283 000	39 000	139 000	224 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	109 000	129 000	54 000	119 000
Total Current Assets	125 000	129 000	78 000	134 000
Total Assets	408 000	167 000	217 000	357 000
Total Equity	50 000	25 000	120 000	161 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	22 000	26 000	0	4 000
Creditors	0	12 000	2 000	0
Unpaid Taxes	70 000	79 000	7 000	32 000
Dividends	192 000	0	0	0
Other Current Debt	9 000	17 000	83 000	145 000
Total Current Debt	336 000	116 000	97 000	193 000
Total Equity and Debt	408 000	167 000	217 000	357 000

Financial indicators	2022	2021	2020	2019
Return on Equity	434 %	660 %	−34,17 %	8,07 %
Debt-to-Equity Ratio	0,44	1,04	0	0,02
Operating Profit Margin	52,56 %	53,95 %	−15,3 %	4,47 %
Current Ratio	0,37	1,11	0,8	0,69
Quick Ratio	0,37	1,11	0,8	0,69
Equity Ratio	0,12	0,15	0,55	0,45
Gross Profit Margin	100 %	100 %	100 %	100 %