VINGESPENN AS

0475 OSLO

Finances

Return on Equity

77,78 %

Current Ratio

3,4

Debt-to-Equity Ratio

0,55

Key figures (NOK)	2021	2020	2019	2018
Revenue	0	296 000	2 450 000	244 000
Net Income	917 000	−13 000	975 000	−142 000
Total Assets	2 537 000	1 065 000	1 392 000	278 000
Total Equity	1 179 000	262 000	705 000	−269 000

Income (NOK)	2021	2020	2019	2018
Revenue	0	296 000	2 450 000	244 000
Expenditure	2 473 000	380 000	1 777 000	386 000
Operating Profit	−2 473 000	−85 000	673 000	−142 000
Financial Income	3 484 000	0	380 000	0
Financial Costs	15 000	7 000	0	0
Financial Balance	3 469 000	−7 000	380 000	0
Earnings Before Tax	996 000	−92 000	1 054 000	−142 000
Tax	79 000	−79 000	79 000	0
Net Income	917 000	−13 000	975 000	−142 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	116 000	1 016 000	443 000	21 000
Total Current Assets	2 421 000	49 000	949 000	258 000
Total Assets	2 537 000	1 065 000	1 392 000	278 000
Total Retained Equity	1 149 000	232 000	675 000	−299 000
Total Equity	1 179 000	262 000	705 000	−269 000
Total Long-Term Debt	646 000	691 000	65 000	160 000
Total Current Debt	712 000	112 000	622 000	388 000
Total Equity and Debt	2 537 000	1 065 000	1 392 000	278 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	296 000	2 450 000	244 000
Other Income	0	0	0	0
Revenue	0	296 000	2 450 000	244 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 137 000	331 000	1 700 000	250 000
Depreciation	1 000	0	0	0
Impairment	0	0	0	0
Expenditure	2 473 000	380 000	1 777 000	386 000
Operating Profit	−2 473 000	−85 000	673 000	−142 000
Financial Income	3 484 000	0	380 000	0
Financial Costs	15 000	7 000	0	0
Financial Balance	3 469 000	−7 000	380 000	0
Dividends	0	430 000	0	0
Net Income	917 000	−13 000	975 000	−142 000

Balance details (NOK)	2021	2020	2019	2018
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	18 000	0	0	0
Total Tangible Assets	18 000	0	0	0
Total Fiancial Fixed Assets	98 000	1 016 000	443 000	21 000
Total Fixed Assets	116 000	1 016 000	443 000	21 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 172 000	17 000	355 000	220 000
Total Current Assets	2 421 000	49 000	949 000	258 000
Total Assets	2 537 000	1 065 000	1 392 000	278 000
Total Equity	1 179 000	262 000	705 000	−269 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	646 000	691 000	65 000	160 000
Creditors	22 000	47 000	44 000	15 000
Unpaid Taxes	309 000	37 000	339 000	189 000
Dividends	0	430 000	0	0
Other Current Debt	381 000	28 000	160 000	184 000
Total Current Debt	712 000	112 000	622 000	388 000
Total Equity and Debt	2 537 000	1 065 000	1 392 000	278 000

Financial indicators	2021	2020	2019	2018
Return on Equity	77,78 %	−4,96 %	138,3 %	52,79 %
Debt-to-Equity Ratio	0,55	2,64	0,09	−0,59
Operating Profit Margin	-	−28,72 %	27,47 %	−58,2 %
Current Ratio	3,4	0,44	1,53	0,66
Quick Ratio	3,4	0,44	1,53	0,66
Equity Ratio	0,46	0,25	0,51	−0,97
Gross Profit Margin	-	100 %	100 %	100 %