BRØDRENE VANGEN AS

1900 FETSUND

Finances

Share Ownership

Return on Equity

−3 333,33 %

Current Ratio

0,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 931 000	1 772 000	2 174 000	1 379 000
Net Income	−100 000	−25 000	35 000	37 000
Total Assets	270 000	342 000	559 000	476 000
Total Equity	3 000	103 000	128 000	93 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 931 000	1 772 000	2 174 000	1 379 000
Expenditure	2 058 000	1 797 000	2 121 000	1 323 000
Operating Profit	−126 000	−24 000	52 000	56 000
Financial Income	0	0	0	0
Financial Costs	2 000	6 000	9 000	9 000
Financial Balance	−2 000	−6 000	−9 000	−9 000
Earnings Before Tax	−128 000	−30 000	43 000	47 000
Tax	−28 000	−5 000	7 000	10 000
Net Income	−100 000	−25 000	35 000	37 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	101 000	104 000	265 000	219 000
Total Current Assets	169 000	238 000	294 000	257 000
Total Assets	270 000	342 000	559 000	476 000
Total Retained Equity	−47 000	53 000	85 000	50 000
Total Equity	3 000	103 000	128 000	93 000
Total Long-Term Debt	0	0	106 000	168 000
Total Current Debt	267 000	239 000	325 000	216 000
Total Equity and Debt	270 000	342 000	559 000	476 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 931 000	1 760 000	2 038 000	1 379 000
Other Income	0	12 000	136 000	0
Revenue	1 931 000	1 772 000	2 174 000	1 379 000
Cost of Goods Sold	8 000	54 000	160 000	55 000
Salary Costs	583 000	442 000	674 000	486 000
Depreciation	0	23 000	38 000	40 000
Impairment	0	0	0	0
Expenditure	2 058 000	1 797 000	2 121 000	1 323 000
Operating Profit	−126 000	−24 000	52 000	56 000
Financial Income	0	0	0	0
Financial Costs	2 000	6 000	9 000	9 000
Financial Balance	−2 000	−6 000	−9 000	−9 000
Dividends	0	0	0	0
Net Income	−100 000	−25 000	35 000	37 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	31 000	3 000	0	0
Real Eastate	0	0	0	43 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	134 000	176 000
Total Tangible Assets	0	0	134 000	219 000
Total Fiancial Fixed Assets	70 000	101 000	132 000	0
Total Fixed Assets	101 000	104 000	265 000	219 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	19 000	188 000	181 000	112 000
Total Current Assets	169 000	238 000	294 000	257 000
Total Assets	270 000	342 000	559 000	476 000
Total Equity	3 000	103 000	128 000	93 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	106 000	168 000
Creditors	160 000	125 000	169 000	93 000
Unpaid Taxes	56 000	50 000	51 000	24 000
Dividends	0	0	0	0
Other Current Debt	51 000	62 000	94 000	92 000
Total Current Debt	267 000	239 000	325 000	216 000
Total Equity and Debt	270 000	342 000	559 000	476 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3 333,33 %	−24,27 %	27,34 %	39,78 %
Debt-to-Equity Ratio	0	0	0,83	1,81
Operating Profit Margin	−6,53 %	−1,35 %	2,39 %	4,06 %
Current Ratio	0,63	1	0,9	1,19
Quick Ratio	0,63	1	0,9	1,19
Equity Ratio	0,01	0,3	0,23	0,2
Gross Profit Margin	99,59 %	96,95 %	92,64 %	96,01 %