VATNVÅG AS

8324 DIGERMULEN

Finances

Share Ownership

Return on Equity

42,03 %

Current Ratio

1,2

Debt-to-Equity Ratio

0,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 390 000	2 629 000	2 584 000	1 929 000
Net Income	195 000	−38 000	242 000	−120 000
Total Assets	1 385 000	1 237 000	984 000	1 058 000
Total Equity	464 000	270 000	297 000	99 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 390 000	2 629 000	2 584 000	1 929 000
Expenditure	3 117 000	2 651 000	2 308 000	2 029 000
Operating Profit	273 000	−22 000	276 000	−100 000
Financial Income	0	0	0	0
Financial Costs	21 000	25 000	32 000	21 000
Financial Balance	−21 000	−25 000	−32 000	−21 000
Earnings Before Tax	252 000	−48 000	244 000	−120 000
Tax	57 000	−9 000	2 000	0
Net Income	195 000	−38 000	242 000	−120 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	660 000	626 000	719 000	652 000
Total Current Assets	726 000	611 000	265 000	406 000
Total Assets	1 385 000	1 237 000	984 000	1 058 000
Total Retained Equity	434 000	240 000	267 000	69 000
Total Equity	464 000	270 000	297 000	99 000
Total Long-Term Debt	313 000	426 000	554 000	779 000
Total Current Debt	607 000	541 000	133 000	181 000
Total Equity and Debt	1 385 000	1 237 000	984 000	1 058 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 390 000	2 629 000	2 453 000	2 044 000
Other Income	0	0	131 000	−115 000
Revenue	3 390 000	2 629 000	2 584 000	1 929 000
Cost of Goods Sold	603 000	383 000	276 000	380 000
Salary Costs	1 178 000	802 000	642 000	613 000
Depreciation	151 000	173 000	181 000	110 000
Impairment	0	0	0	0
Expenditure	3 117 000	2 651 000	2 308 000	2 029 000
Operating Profit	273 000	−22 000	276 000	−100 000
Financial Income	0	0	0	0
Financial Costs	21 000	25 000	32 000	21 000
Financial Balance	−21 000	−25 000	−32 000	−21 000
Dividends	0	0	0	0
Net Income	195 000	−38 000	242 000	−120 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	3 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	147 000	95 000	0	200 000
Fixtures	513 000	528 000	719 000	452 000
Total Tangible Assets	660 000	623 000	719 000	652 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	660 000	626 000	719 000	652 000
Stock	30 000	50 000	0	0
Total Investments	0	0	0	0
Cash, Bank	642 000	322 000	162 000	21 000
Total Current Assets	726 000	611 000	265 000	406 000
Total Assets	1 385 000	1 237 000	984 000	1 058 000
Total Equity	464 000	270 000	297 000	99 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	313 000	426 000	554 000	779 000
Creditors	127 000	277 000	82 000	130 000
Unpaid Taxes	315 000	190 000	58 000	37 000
Dividends	0	0	0	0
Other Current Debt	120 000	75 000	−7 000	57 000
Total Current Debt	607 000	541 000	133 000	181 000
Total Equity and Debt	1 385 000	1 237 000	984 000	1 058 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,03 %	−14,07 %	81,48 %	−121,21 %
Debt-to-Equity Ratio	0,67	1,58	1,87	7,87
Operating Profit Margin	8,05 %	−0,84 %	10,68 %	−5,18 %
Current Ratio	1,2	1,13	1,99	2,24
Quick Ratio	1,26	1,24	1,99	2,24
Equity Ratio	0,34	0,22	0,3	0,09
Gross Profit Margin	82,21 %	85,43 %	89,32 %	80,3 %