VÅGEN BYGGSERVICE AS

6444 FARSTAD

Finances

Share Ownership

Return on Equity

−66,67 %

Current Ratio

1,03

Debt-to-Equity Ratio

−14,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 249 000	2 558 000	1 764 000	937 000
Net Income	30 000	99 000	−79 000	−171 000
Total Assets	1 229 000	545 000	506 000	175 000
Total Equity	−45 000	−76 000	−174 000	−95 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 249 000	2 558 000	1 764 000	937 000
Expenditure	3 195 000	2 456 000	1 829 000	1 109 000
Operating Profit	55 000	101 000	−66 000	−172 000
Financial Income	0	0	0	1 000
Financial Costs	25 000	14 000	14 000	0
Financial Balance	−25 000	−14 000	−14 000	1 000
Earnings Before Tax	30 000	88 000	−79 000	−171 000
Tax	0	−11 000	0	0
Net Income	30 000	99 000	−79 000	−171 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	606 000	188 000	200 000	0
Total Current Assets	623 000	357 000	307 000	175 000
Total Assets	1 229 000	545 000	506 000	175 000
Total Retained Equity	−75 000	−106 000	−204 000	−125 000
Total Equity	−45 000	−76 000	−174 000	−95 000
Total Long-Term Debt	669 000	210 000	242 000	0
Total Current Debt	606 000	410 000	439 000	270 000
Total Equity and Debt	1 229 000	545 000	506 000	175 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 223 000	2 558 000	1 764 000	937 000
Other Income	26 000	0	0	0
Revenue	3 249 000	2 558 000	1 764 000	937 000
Cost of Goods Sold	2 093 000	1 583 000	1 010 000	316 000
Salary Costs	758 000	576 000	604 000	477 000
Depreciation	50 000	24 000	12 000	0
Impairment	0	0	0	0
Expenditure	3 195 000	2 456 000	1 829 000	1 109 000
Operating Profit	55 000	101 000	−66 000	−172 000
Financial Income	0	0	0	1 000
Financial Costs	25 000	14 000	14 000	0
Financial Balance	−25 000	−14 000	−14 000	1 000
Dividends	0	0	0	0
Net Income	30 000	99 000	−79 000	−171 000

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	110 000	0	0	0
Fixtures	495 000	188 000	200 000	0
Total Tangible Assets	606 000	188 000	200 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	606 000	188 000	200 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	222 000	125 000	170 000	161 000
Total Current Assets	623 000	357 000	307 000	175 000
Total Assets	1 229 000	545 000	506 000	175 000
Total Equity	−45 000	−76 000	−174 000	−95 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	669 000	210 000	242 000	0
Creditors	339 000	178 000	198 000	115 000
Unpaid Taxes	148 000	149 000	118 000	100 000
Dividends	0	0	0	0
Other Current Debt	118 000	84 000	123 000	55 000
Total Current Debt	606 000	410 000	439 000	270 000
Total Equity and Debt	1 229 000	545 000	506 000	175 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−66,67 %	−130,26 %	45,4 %	180 %
Debt-to-Equity Ratio	−14,87	−2,76	−1,39	−0
Operating Profit Margin	1,69 %	3,95 %	−3,74 %	−18,36 %
Current Ratio	1,03	0,87	0,7	0,65
Quick Ratio	1,03	0,87	0,7	0,65
Equity Ratio	−0,04	−0,14	−0,34	−0,54
Gross Profit Margin	35,58 %	38,12 %	42,74 %	66,28 %