VANGEN HARSTAD AS

9409 HARSTAD

Finances

Return on Equity

16,41 %

Current Ratio

6,29

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 944 000	9 114 000	9 543 000	8 833 000
Net Income	180 000	294 000	282 000	9 000
Total Assets	1 556 000	2 926 000	3 239 000	2 813 000
Total Equity	1 097 000	917 000	605 000	353 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 944 000	9 114 000	9 543 000	8 833 000
Expenditure	1 645 000	8 584 000	9 094 000	8 734 000
Operating Profit	298 000	531 000	448 000	100 000
Financial Income	1 000	3 000	2 000	1 000
Financial Costs	41 000	60 000	67 000	81 000
Financial Balance	−40 000	−57 000	−65 000	−80 000
Earnings Before Tax	258 000	475 000	383 000	19 000
Tax	78 000	180 000	101 000	10 000
Net Income	180 000	294 000	282 000	9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	361 000	655 000	1 115 000	1 273 000
Total Current Assets	1 196 000	2 271 000	2 124 000	1 540 000
Total Assets	1 556 000	2 926 000	3 239 000	2 813 000
Total Retained Equity	1 050 000	870 000	575 000	323 000
Total Equity	1 097 000	917 000	605 000	353 000
Total Long-Term Debt	270 000	615 000	1 079 000	1 120 000
Total Current Debt	190 000	1 395 000	1 554 000	1 340 000
Total Equity and Debt	1 556 000	2 926 000	3 239 000	2 813 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 942 000	9 111 000	9 481 000	8 830 000
Other Income	2 000	3 000	62 000	3 000
Revenue	1 944 000	9 114 000	9 543 000	8 833 000
Cost of Goods Sold	434 000	2 888 000	3 378 000	3 636 000
Salary Costs	3 000	3 578 000	3 784 000	3 206 000
Depreciation	294 000	460 000	464 000	443 000
Impairment	0	0	0	0
Expenditure	1 645 000	8 584 000	9 094 000	8 734 000
Operating Profit	298 000	531 000	448 000	100 000
Financial Income	1 000	3 000	2 000	1 000
Financial Costs	41 000	60 000	67 000	81 000
Financial Balance	−40 000	−57 000	−65 000	−80 000
Dividends	0	0	30 000	0
Net Income	180 000	294 000	282 000	9 000

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	38 000	51 000	43 000
Fixtures	305 000	587 000	1 033 000	1 200 000
Total Tangible Assets	331 000	625 000	1 085 000	1 243 000
Total Fiancial Fixed Assets	30 000	30 000	30 000	30 000
Total Fixed Assets	361 000	655 000	1 115 000	1 273 000
Stock	0	409 000	269 000	235 000
Total Investments	0	0	0	0
Cash, Bank	289 000	1 216 000	797 000	432 000
Total Current Assets	1 196 000	2 271 000	2 124 000	1 540 000
Total Assets	1 556 000	2 926 000	3 239 000	2 813 000
Total Equity	1 097 000	917 000	605 000	353 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	270 000	615 000	1 079 000	1 120 000
Creditors	80 000	225 000	390 000	410 000
Unpaid Taxes	31 000	388 000	407 000	326 000
Dividends	0	0	30 000	0
Other Current Debt	1 000	601 000	627 000	577 000
Total Current Debt	190 000	1 395 000	1 554 000	1 340 000
Total Equity and Debt	1 556 000	2 926 000	3 239 000	2 813 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,41 %	32,06 %	46,61 %	2,55 %
Debt-to-Equity Ratio	0,25	0,67	1,78	3,17
Operating Profit Margin	15,33 %	5,83 %	4,69 %	1,13 %
Current Ratio	6,29	1,63	1,37	1,15
Quick Ratio	6,29	2,3	1,65	1,39
Equity Ratio	0,71	0,31	0,19	0,13
Gross Profit Margin	77,67 %	68,31 %	64,6 %	58,84 %