VANGEN BIL AS

5179 GODVIK

Finances

Return on Equity

5,36 %

Current Ratio

8,28

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 143 000	39 435 000	31 160 000	27 427 000
Net Income	565 000	2 437 000	839 000	1 331 000
Total Assets	12 362 000	11 723 000	8 286 000	9 596 000
Total Equity	10 544 000	9 979 000	7 542 000	7 004 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 143 000	39 435 000	31 160 000	27 427 000
Expenditure	22 446 000	36 380 000	30 125 000	25 734 000
Operating Profit	697 000	3 055 000	1 034 000	1 694 000
Financial Income	97 000	93 000	115 000	125 000
Financial Costs	51 000	25 000	66 000	105 000
Financial Balance	46 000	68 000	49 000	20 000
Earnings Before Tax	743 000	3 123 000	1 083 000	1 714 000
Tax	178 000	687 000	245 000	383 000
Net Income	565 000	2 437 000	839 000	1 331 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 113 000	2 514 000	1 200 000	1 200 000
Total Current Assets	9 249 000	9 209 000	7 086 000	8 396 000
Total Assets	12 362 000	11 723 000	8 286 000	9 596 000
Total Retained Equity	7 278 000	6 713 000	4 276 000	3 737 000
Total Equity	10 544 000	9 979 000	7 542 000	7 004 000
Total Long-Term Debt	700 000	904 000	73 000	1 708 000
Total Current Debt	1 117 000	840 000	670 000	884 000
Total Equity and Debt	12 362 000	11 723 000	8 286 000	9 596 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 143 000	39 435 000	31 160 000	27 424 000
Other Income	0	0	0	3 000
Revenue	23 143 000	39 435 000	31 160 000	27 427 000
Cost of Goods Sold	21 282 000	35 219 000	28 725 000	24 532 000
Salary Costs	737 000	721 000	664 000	729 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	22 446 000	36 380 000	30 125 000	25 734 000
Operating Profit	697 000	3 055 000	1 034 000	1 694 000
Financial Income	97 000	93 000	115 000	125 000
Financial Costs	51 000	25 000	66 000	105 000
Financial Balance	46 000	68 000	49 000	20 000
Dividends	0	0	0	0
Net Income	565 000	2 437 000	839 000	1 331 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	11 000	0	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	3 113 000	2 503 000	1 200 000	1 200 000
Total Fixed Assets	3 113 000	2 514 000	1 200 000	1 200 000
Stock	5 393 000	2 954 000	2 637 000	4 548 000
Total Investments	0	0	0	0
Cash, Bank	992 000	3 277 000	2 519 000	1 086 000
Total Current Assets	9 249 000	9 209 000	7 086 000	8 396 000
Total Assets	12 362 000	11 723 000	8 286 000	9 596 000
Total Equity	10 544 000	9 979 000	7 542 000	7 004 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	700 000	904 000	73 000	1 708 000
Creditors	783 000	0	0	5 000
Unpaid Taxes	92 000	72 000	60 000	73 000
Dividends	0	0	0	0
Other Current Debt	75 000	70 000	66 000	124 000
Total Current Debt	1 117 000	840 000	670 000	884 000
Total Equity and Debt	12 362 000	11 723 000	8 286 000	9 596 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,36 %	24,42 %	11,12 %	19 %
Debt-to-Equity Ratio	0,07	0,09	0,01	0,24
Operating Profit Margin	3,01 %	7,75 %	3,32 %	6,18 %
Current Ratio	8,28	10,96	10,58	9,5
Quick Ratio	−2,16	−4,36	−3,6	−2,29
Equity Ratio	0,85	0,85	0,91	0,73
Gross Profit Margin	8,04 %	10,69 %	7,81 %	10,56 %