VÅGÅ TRENINGSSENTER AS

2680 VÅGÅ

Finances

Share Ownership

Return on Equity

19,63 %

Current Ratio

17,66

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 153 000	1 032 000	766 000	907 000
Net Income	593 000	536 000	263 000	392 000
Total Assets	3 201 000	2 664 000	1 984 000	1 921 000
Total Equity	3 021 000	2 428 000	1 892 000	1 630 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 153 000	1 032 000	766 000	907 000
Expenditure	392 000	345 000	429 000	405 000
Operating Profit	762 000	687 000	336 000	502 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	2 000	1 000	0	0
Financial Balance	−1 000	0	1 000	1 000
Earnings Before Tax	760 000	687 000	337 000	503 000
Tax	168 000	151 000	74 000	111 000
Net Income	593 000	536 000	263 000	392 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 000	31 000	41 000	0
Total Current Assets	3 179 000	2 633 000	1 943 000	1 921 000
Total Assets	3 201 000	2 664 000	1 984 000	1 921 000
Total Retained Equity	2 991 000	2 398 000	1 862 000	1 600 000
Total Equity	3 021 000	2 428 000	1 892 000	1 630 000
Total Long-Term Debt	0	0	1 000	8 000
Total Current Debt	180 000	235 000	91 000	282 000
Total Equity and Debt	3 201 000	2 664 000	1 984 000	1 921 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	928 000	962 000	731 000	907 000
Other Income	225 000	70 000	35 000	0
Revenue	1 153 000	1 032 000	766 000	907 000
Cost of Goods Sold	0	0	0	0
Salary Costs	106 000	106 000	106 000	106 000
Depreciation	10 000	10 000	7 000	0
Impairment	0	0	0	0
Expenditure	392 000	345 000	429 000	405 000
Operating Profit	762 000	687 000	336 000	502 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	2 000	1 000	0	0
Financial Balance	−1 000	0	1 000	1 000
Dividends	0	0	0	0
Net Income	593 000	536 000	263 000	392 000

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	31 000	41 000	0
Total Tangible Assets	22 000	31 000	41 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	22 000	31 000	41 000	0
Stock	24 000	24 000	24 000	24 000
Total Investments	0	0	0	0
Cash, Bank	2 000	1 000	232 000	890 000
Total Current Assets	3 179 000	2 633 000	1 943 000	1 921 000
Total Assets	3 201 000	2 664 000	1 984 000	1 921 000
Total Equity	3 021 000	2 428 000	1 892 000	1 630 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 000	8 000
Creditors	5 000	4 000	11 000	12 000
Unpaid Taxes	6 000	0	6 000	0
Dividends	0	0	0	0
Other Current Debt	0	80 000	0	160 000
Total Current Debt	180 000	235 000	91 000	282 000
Total Equity and Debt	3 201 000	2 664 000	1 984 000	1 921 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,63 %	22,08 %	13,9 %	24,05 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	66,09 %	66,57 %	43,86 %	55,35 %
Current Ratio	17,66	11,2	21,35	6,81
Quick Ratio	20,38	12,48	29	7,45
Equity Ratio	0,94	0,91	0,95	0,85
Gross Profit Margin	100 %	100 %	100 %	100 %