VEGARD SAGVOLDEN AS

3320 VESTFOSSEN

Finances

Return on Equity

4,6 %

Current Ratio

0,82

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 709 000	1 409 000	2 860 000	1 478 000
Net Income	39 000	−48 000	189 000	172 000
Total Assets	1 195 000	959 000	1 161 000	1 804 000
Total Equity	848 000	809 000	857 000	668 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 709 000	1 409 000	2 860 000	1 478 000
Expenditure	1 650 000	1 482 000	2 579 000	1 254 000
Operating Profit	59 000	−74 000	282 000	224 000
Financial Income	−10 000	12 000	1 000	1 000
Financial Costs	0	0	40 000	4 000
Financial Balance	−10 000	12 000	−39 000	−3 000
Earnings Before Tax	50 000	−61 000	242 000	221 000
Tax	11 000	−14 000	53 000	48 000
Net Income	39 000	−48 000	189 000	172 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	908 000	617 000	320 000	195 000
Total Current Assets	287 000	341 000	841 000	1 609 000
Total Assets	1 195 000	959 000	1 161 000	1 804 000
Total Retained Equity	818 000	779 000	827 000	638 000
Total Equity	848 000	809 000	857 000	668 000
Total Long-Term Debt	0	0	146 000	948 000
Total Current Debt	348 000	150 000	158 000	188 000
Total Equity and Debt	1 195 000	959 000	1 161 000	1 804 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 709 000	1 394 000	2 860 000	1 468 000
Other Income	0	14 000	0	9 000
Revenue	1 709 000	1 409 000	2 860 000	1 478 000
Cost of Goods Sold	454 000	480 000	1 457 000	338 000
Salary Costs	740 000	676 000	716 000	461 000
Depreciation	29 000	33 000	35 000	18 000
Impairment	0	0	0	0
Expenditure	1 650 000	1 482 000	2 579 000	1 254 000
Operating Profit	59 000	−74 000	282 000	224 000
Financial Income	−10 000	12 000	1 000	1 000
Financial Costs	0	0	40 000	4 000
Financial Balance	−10 000	12 000	−39 000	−3 000
Dividends	0	0	0	0
Net Income	39 000	−48 000	189 000	172 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	12 000	0	4 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	50 000	79 000	243 000	94 000
Total Tangible Assets	50 000	79 000	243 000	94 000
Total Fiancial Fixed Assets	857 000	527 000	77 000	97 000
Total Fixed Assets	908 000	617 000	320 000	195 000
Stock	0	0	0	1 200 000
Total Investments	0	0	0	0
Cash, Bank	117 000	261 000	821 000	344 000
Total Current Assets	287 000	341 000	841 000	1 609 000
Total Assets	1 195 000	959 000	1 161 000	1 804 000
Total Equity	848 000	809 000	857 000	668 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	146 000	948 000
Creditors	−2 000	−2 000	0	0
Unpaid Taxes	74 000	94 000	46 000	91 000
Dividends	0	0	0	0
Other Current Debt	275 000	58 000	64 000	43 000
Total Current Debt	348 000	150 000	158 000	188 000
Total Equity and Debt	1 195 000	959 000	1 161 000	1 804 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,6 %	−5,93 %	22,05 %	25,75 %
Debt-to-Equity Ratio	0	0	0,17	1,42
Operating Profit Margin	3,45 %	−5,25 %	9,86 %	15,16 %
Current Ratio	0,82	2,27	5,32	8,56
Quick Ratio	0,82	2,27	5,32	−1,59
Equity Ratio	0,71	0,84	0,74	0,37
Gross Profit Margin	73,43 %	65,93 %	49,06 %	77,13 %