VÅGSNES AS

3126 TØNSBERG

Finances

Share Ownership

Return on Equity

105,79 %

Current Ratio

4,08

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	142 659 000	50 000	0	0
Net Income	21 161 000	−1 384 000	−363 000	−260 000
Total Assets	33 938 000	73 808 000	19 500 000	12 948 000
Total Equity	20 002 000	−1 158 000	226 000	589 000

Income (NOK)	2022	2021	2020	2019
Revenue	142 659 000	50 000	0	0
Expenditure	1 157 000	433 000	86 000	49 000
Operating Profit	29 132 000	−383 000	−86 000	−49 000
Financial Income	592 000	0	0	0
Financial Costs	1 907 000	1 445 000	380 000	285 000
Financial Balance	−1 315 000	−1 445 000	−380 000	−285 000
Earnings Before Tax	27 817 000	−1 829 000	−466 000	−334 000
Tax	6 657 000	−445 000	−103 000	−73 000
Net Income	21 161 000	−1 384 000	−363 000	−260 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	42 000	1 067 000	631 000	97 000
Total Current Assets	33 896 000	72 740 000	18 869 000	12 851 000
Total Assets	33 938 000	73 808 000	19 500 000	12 948 000
Total Retained Equity	19 902 000	−1 258 000	126 000	489 000
Total Equity	20 002 000	−1 158 000	226 000	589 000
Total Long-Term Debt	5 631 000	11 341 000	18 126 000	11 325 000
Total Current Debt	8 305 000	63 625 000	1 148 000	1 033 000
Total Equity and Debt	33 938 000	73 808 000	19 500 000	12 948 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	142 659 000	0	0	0
Other Income	0	50 000	0	0
Revenue	142 659 000	50 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	6 000	7 000	7 000
Impairment	0	0	0	0
Expenditure	1 157 000	433 000	86 000	49 000
Operating Profit	29 132 000	−383 000	−86 000	−49 000
Financial Income	592 000	0	0	0
Financial Costs	1 907 000	1 445 000	380 000	285 000
Financial Balance	−1 315 000	−1 445 000	−380 000	−285 000
Dividends	0	0	0	0
Net Income	21 161 000	−1 384 000	−363 000	−260 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	42 000	1 067 000	623 000	81 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	6 000	13 000
Fixtures	0	0	0	0
Total Tangible Assets	0	0	6 000	13 000
Total Fiancial Fixed Assets	0	0	2 000	2 000
Total Fixed Assets	42 000	1 067 000	631 000	97 000
Stock	9 007 000	72 701 000	18 866 000	12 847 000
Total Investments	0	0	0	0
Cash, Bank	3 000	39 000	3 000	4 000
Total Current Assets	33 896 000	72 740 000	18 869 000	12 851 000
Total Assets	33 938 000	73 808 000	19 500 000	12 948 000
Total Equity	20 002 000	−1 158 000	226 000	589 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 631 000	11 341 000	18 126 000	11 325 000
Creditors	232 000	9 879 000	1 038 000	922 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	73 000	58 000	111 000	111 000
Total Current Debt	8 305 000	63 625 000	1 148 000	1 033 000
Total Equity and Debt	33 938 000	73 808 000	19 500 000	12 948 000

Financial indicators	2022	2021	2020	2019
Return on Equity	105,79 %	119,52 %	−160,62 %	−44,14 %
Debt-to-Equity Ratio	0,28	−9,79	80,2	19,23
Operating Profit Margin	20,42 %	−766 %	-	-
Current Ratio	4,08	1,14	16,44	12,44
Quick Ratio	−48,28	−8,01	−1,06	−1,09
Equity Ratio	0,59	−0,02	0,01	0,05
Gross Profit Margin	100 %	100 %	-	-