VÅGANE VISTE AS

4029 STAVANGER

Finances

Return on Equity

73,01 %

Current Ratio

1,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 903 000	23 224 000	17 980 000	21 039 000
Net Income	1 144 000	1 329 000	918 000	1 043 000
Total Assets	7 783 000	5 147 000	5 562 000	4 897 000
Total Equity	1 567 000	1 722 000	1 693 000	2 075 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 903 000	23 224 000	17 980 000	21 039 000
Expenditure	25 394 000	21 478 000	16 785 000	19 681 000
Operating Profit	1 509 000	1 747 000	1 195 000	1 358 000
Financial Income	0	0	1 000	2 000
Financial Costs	41 000	43 000	15 000	15 000
Financial Balance	−41 000	−43 000	−14 000	−13 000
Earnings Before Tax	1 467 000	1 704 000	1 182 000	1 345 000
Tax	323 000	375 000	264 000	302 000
Net Income	1 144 000	1 329 000	918 000	1 043 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	754 000	476 000	519 000	429 000
Total Current Assets	7 029 000	4 670 000	5 044 000	4 467 000
Total Assets	7 783 000	5 147 000	5 562 000	4 897 000
Total Retained Equity	959 000	1 115 000	1 086 000	1 467 000
Total Equity	1 567 000	1 722 000	1 693 000	2 075 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 216 000	3 424 000	3 869 000	2 822 000
Total Equity and Debt	7 783 000	5 147 000	5 562 000	4 897 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 903 000	23 224 000	17 980 000	21 039 000
Other Income	0	0	0	0
Revenue	26 903 000	23 224 000	17 980 000	21 039 000
Cost of Goods Sold	12 370 000	10 425 000	6 873 000	9 570 000
Salary Costs	8 547 000	7 162 000	6 563 000	6 682 000
Depreciation	199 000	191 000	159 000	133 000
Impairment	0	0	0	0
Expenditure	25 394 000	21 478 000	16 785 000	19 681 000
Operating Profit	1 509 000	1 747 000	1 195 000	1 358 000
Financial Income	0	0	1 000	2 000
Financial Costs	41 000	43 000	15 000	15 000
Financial Balance	−41 000	−43 000	−14 000	−13 000
Dividends	1 300 000	1 300 000	1 300 000	0
Net Income	1 144 000	1 329 000	918 000	1 043 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	56 000	60 000	53 000	52 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	63 000	85 000
Fixtures	693 000	411 000	398 000	287 000
Total Tangible Assets	693 000	411 000	461 000	373 000
Total Fiancial Fixed Assets	5 000	5 000	5 000	5 000
Total Fixed Assets	754 000	476 000	519 000	429 000
Stock	799 000	820 000	760 000	618 000
Total Investments	0	0	0	0
Cash, Bank	2 686 000	940 000	2 658 000	1 614 000
Total Current Assets	7 029 000	4 670 000	5 044 000	4 467 000
Total Assets	7 783 000	5 147 000	5 562 000	4 897 000
Total Equity	1 567 000	1 722 000	1 693 000	2 075 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 895 000	1 116 000	632 000	721 000
Unpaid Taxes	1 197 000	1 156 000	912 000	1 062 000
Dividends	1 300 000	1 300 000	1 300 000	0
Other Current Debt	1 805 000	770 000	761 000	735 000
Total Current Debt	6 216 000	3 424 000	3 869 000	2 822 000
Total Equity and Debt	7 783 000	5 147 000	5 562 000	4 897 000

Financial indicators	2022	2021	2020	2019
Return on Equity	73,01 %	77,18 %	54,22 %	50,27 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,61 %	7,52 %	6,65 %	6,45 %
Current Ratio	1,13	1,36	1,3	1,58
Quick Ratio	1,3	1,79	1,62	2,03
Equity Ratio	0,2	0,33	0,3	0,42
Gross Profit Margin	54,02 %	55,11 %	61,77 %	54,51 %