VAHOLMEN VOC RECOVERY AS

4876 GRIMSTAD

Finances

Return on Equity

−132,41 %

Current Ratio

0,87

Debt-to-Equity Ratio

3,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 489 000	756 000	1 011 000	580 000
Net Income	−1 005 000	−2 039 000	−271 000	−1 837 000
Total Assets	5 229 000	4 619 000	879 000	459 000
Total Equity	759 000	1 764 000	703 000	168 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 489 000	756 000	1 011 000	580 000
Expenditure	4 006 000	2 768 000	1 290 000	2 411 000
Operating Profit	−2 517 000	−2 012 000	−279 000	−1 831 000
Financial Income	47 000	8 000	13 000	1 000
Financial Costs	48 000	34 000	5 000	6 000
Financial Balance	−1 000	−26 000	8 000	−5 000
Earnings Before Tax	−2 518 000	−2 039 000	−271 000	−1 837 000
Tax	−1 513 000	0	0	0
Net Income	−1 005 000	−2 039 000	−271 000	−1 837 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 435 000	1 595 000	418 000	0
Total Current Assets	1 794 000	3 024 000	461 000	459 000
Total Assets	5 229 000	4 619 000	879 000	459 000
Total Retained Equity	−5 378 000	−4 373 000	−2 334 000	−2 063 000
Total Equity	759 000	1 764 000	703 000	168 000
Total Long-Term Debt	2 400 000	2 400 000	0	0
Total Current Debt	2 071 000	454 000	176 000	291 000
Total Equity and Debt	5 229 000	4 619 000	879 000	459 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 139 000	616 000	451 000	0
Other Income	350 000	140 000	560 000	580 000
Revenue	1 489 000	756 000	1 011 000	580 000
Cost of Goods Sold	522 000	0	0	0
Salary Costs	0	0	211 000	725 000
Depreciation	561 000	395 000	105 000	0
Impairment	0	0	0	0
Expenditure	4 006 000	2 768 000	1 290 000	2 411 000
Operating Profit	−2 517 000	−2 012 000	−279 000	−1 831 000
Financial Income	47 000	8 000	13 000	1 000
Financial Costs	48 000	34 000	5 000	6 000
Financial Balance	−1 000	−26 000	8 000	−5 000
Dividends	0	0	0	0
Net Income	−1 005 000	−2 039 000	−271 000	−1 837 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 255 000	1 475 000	418 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	180 000	120 000	0	0
Total Fixed Assets	3 435 000	1 595 000	418 000	0
Stock	1 296 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	19 000	2 942 000	196 000	459 000
Total Current Assets	1 794 000	3 024 000	461 000	459 000
Total Assets	5 229 000	4 619 000	879 000	459 000
Total Equity	759 000	1 764 000	703 000	168 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 400 000	2 400 000	0	0
Creditors	380 000	638 000	256 000	99 000
Unpaid Taxes	0	−290 000	−178 000	38 000
Dividends	0	0	0	0
Other Current Debt	1 691 000	106 000	98 000	154 000
Total Current Debt	2 071 000	454 000	176 000	291 000
Total Equity and Debt	5 229 000	4 619 000	879 000	459 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−132,41 %	−115,59 %	−38,55 %	−1 093,45 %
Debt-to-Equity Ratio	3,16	1,36	0	0
Operating Profit Margin	−169,04 %	−266,14 %	−27,6 %	−315,69 %
Current Ratio	0,87	6,66	2,62	1,58
Quick Ratio	2,31	6,66	2,62	1,58
Equity Ratio	0,15	0,38	0,8	0,37
Gross Profit Margin	64,94 %	100 %	100 %	100 %