VORRAVEGEN 58 AS

5750 ODDA

Finances

Share Ownership

Return on Equity

74,39 %

Current Ratio

4,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	793 000	355 000	352 000	347 000
Net Income	456 000	107 000	132 000	56 000
Total Assets	741 000	347 000	633 000	560 000
Total Equity	613 000	157 000	591 000	458 000

Income (NOK)	2022	2021	2020	2019
Revenue	793 000	355 000	352 000	347 000
Expenditure	209 000	218 000	185 000	279 000
Operating Profit	584 000	136 000	168 000	68 000
Financial Income	0	1 000	2 000	4 000
Financial Costs	0	0	0	0
Financial Balance	0	1 000	2 000	4 000
Earnings Before Tax	584 000	137 000	170 000	72 000
Tax	129 000	30 000	37 000	16 000
Net Income	456 000	107 000	132 000	56 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	157 000	165 000	197 000	232 000
Total Current Assets	584 000	182 000	435 000	328 000
Total Assets	741 000	347 000	633 000	560 000
Total Retained Equity	582 000	126 000	560 000	427 000
Total Equity	613 000	157 000	591 000	458 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	128 000	189 000	42 000	101 000
Total Equity and Debt	741 000	347 000	633 000	560 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 000	0	0	0
Other Income	790 000	355 000	352 000	347 000
Revenue	793 000	355 000	352 000	347 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	3 000	33 000	36 000	36 000
Impairment	0	0	0	0
Expenditure	209 000	218 000	185 000	279 000
Operating Profit	584 000	136 000	168 000	68 000
Financial Income	0	1 000	2 000	4 000
Financial Costs	0	0	0	0
Financial Balance	0	1 000	2 000	4 000
Dividends	0	0	0	0
Net Income	456 000	107 000	132 000	56 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	86 000	91 000	90 000	89 000
Real Eastate	71 000	74 000	107 000	144 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	71 000	74 000	107 000	144 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	157 000	165 000	197 000	232 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	311 000	165 000	0	0
Total Current Assets	584 000	182 000	435 000	328 000
Total Assets	741 000	347 000	633 000	560 000
Total Equity	613 000	157 000	591 000	458 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 000	52 000	0	85 000
Unpaid Taxes	0	5 000	3 000	0
Dividends	0	0	0	0
Other Current Debt	0	101 000	0	0
Total Current Debt	128 000	189 000	42 000	101 000
Total Equity and Debt	741 000	347 000	633 000	560 000

Financial indicators	2022	2021	2020	2019
Return on Equity	74,39 %	68,15 %	22,34 %	12,23 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	73,64 %	38,31 %	47,73 %	19,6 %
Current Ratio	4,56	0,96	10,36	3,25
Quick Ratio	4,56	0,96	10,36	3,25
Equity Ratio	0,83	0,45	0,93	0,82
Gross Profit Margin	100 %	100 %	100 %	100 %