VÅGSMOANE III

5003 BERGEN

Finances

Share Ownership

Return on Equity

14,63 %

Current Ratio

24,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	541 000	521 000	469 000	443 000
Net Income	61 000	62 000	31 000	45 000
Total Assets	434 000	374 000	303 000	276 000
Total Equity	417 000	356 000	294 000	263 000

Income (NOK)	2022	2021	2020	2019
Revenue	541 000	521 000	469 000	443 000
Expenditure	463 000	442 000	430 000	386 000
Operating Profit	78 000	80 000	39 000	57 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	78 000	80 000	39 000	57 000
Tax	17 000	18 000	9 000	13 000
Net Income	61 000	62 000	31 000	45 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 000	0	0	0
Total Current Assets	412 000	374 000	303 000	276 000
Total Assets	434 000	374 000	303 000	276 000
Total Retained Equity	387 000	0	264 000	233 000
Total Equity	417 000	356 000	294 000	263 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	17 000	18 000	9 000	13 000
Total Equity and Debt	434 000	374 000	303 000	276 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	541 000	497 000	469 000	443 000
Other Income	0	24 000	0	0
Revenue	541 000	521 000	469 000	443 000
Cost of Goods Sold	0	0	430 000	0
Salary Costs	0	0	0	0
Depreciation	5 000	0	0	0
Impairment	0	0	0	0
Expenditure	463 000	442 000	430 000	386 000
Operating Profit	78 000	80 000	39 000	57 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	61 000	62 000	31 000	45 000

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	0	0	0	0
Fixtures	22 000	0	0	0
Total Tangible Assets	22 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	22 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	354 000	350 000	279 000	257 000
Total Current Assets	412 000	374 000	303 000	276 000
Total Assets	434 000	374 000	303 000	276 000
Total Equity	417 000	356 000	294 000	263 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	17 000	18 000	9 000	13 000
Total Equity and Debt	434 000	374 000	303 000	276 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,63 %	17,42 %	10,54 %	17,11 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,42 %	15,36 %	8,32 %	12,87 %
Current Ratio	24,24	20,78	33,67	21,23
Quick Ratio	24,24	20,78	33,67	21,23
Equity Ratio	0,96	0,95	0,97	0,95
Gross Profit Margin	100 %	100 %	8,32 %	100 %