VINGELEN AS

7288 SOKNEDAL

Finances

Return on Equity

51,21 %

Current Ratio

25,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	485 000	199 000	99 000	−1 000
Total Assets	977 000	489 000	322 000	222 000
Total Equity	947 000	463 000	263 000	164 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	4 000	1 000	1 000	1 000
Operating Profit	−4 000	−1 000	−1 000	−1 000
Financial Income	500 000	200 000	100 000	0
Financial Costs	11 000	0	0	0
Financial Balance	489 000	200 000	100 000	0
Earnings Before Tax	485 000	199 000	99 000	−1 000
Tax	0	0	0	0
Net Income	485 000	199 000	99 000	−1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	222 000	222 000	222 000	222 000
Total Current Assets	755 000	268 000	100 000	0
Total Assets	977 000	489 000	322 000	222 000
Total Retained Equity	862 000	378 000	178 000	79 000
Total Equity	947 000	463 000	263 000	164 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	30 000	27 000	58 000	57 000
Total Equity and Debt	977 000	489 000	322 000	222 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 000	1 000	1 000	1 000
Operating Profit	−4 000	−1 000	−1 000	−1 000
Financial Income	500 000	200 000	100 000	0
Financial Costs	11 000	0	0	0
Financial Balance	489 000	200 000	100 000	0
Dividends	0	0	0	0
Net Income	485 000	199 000	99 000	−1 000

Balance details (NOK)	2022	2021	2020	2019
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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	222 000	222 000	222 000	222 000
Total Fixed Assets	222 000	222 000	222 000	222 000
Stock	0	0	0	0
Total Investments	499 000	65 000	0	0
Cash, Bank	6 000	3 000	0	0
Total Current Assets	755 000	268 000	100 000	0
Total Assets	977 000	489 000	322 000	222 000
Total Equity	947 000	463 000	263 000	164 000
Short-Term Group Debt	24 000	24 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	1 000	0
Unpaid Taxes	−1 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	6 000	3 000	57 000	57 000
Total Current Debt	30 000	27 000	58 000	57 000
Total Equity and Debt	977 000	489 000	322 000	222 000

Financial indicators	2022	2021	2020	2019
Return on Equity	51,21 %	42,98 %	37,64 %	−0,61 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	25,17	9,93	1,72	0
Quick Ratio	25,17	9,93	1,72	0
Equity Ratio	0,97	0,95	0,82	0,74
Gross Profit Margin	-	-	-	-