VANGESTADVEGEN 1 AS

6854 KAUPANGER

Finances

Share Ownership

Return on Equity

33 %

Current Ratio

7,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	668 000	691 000	531 000	476 000
Net Income	262 000	328 000	118 000	207 000
Total Assets	896 000	870 000	408 000	487 000
Total Equity	794 000	532 000	196 000	79 000

Income (NOK)	2022	2021	2020	2019
Revenue	668 000	691 000	531 000	476 000
Expenditure	339 000	272 000	387 000	214 000
Operating Profit	329 000	420 000	145 000	262 000
Financial Income	4 000	1 000	1 000	0
Financial Costs	0	0	0	0
Financial Balance	4 000	1 000	1 000	0
Earnings Before Tax	333 000	421 000	145 000	262 000
Tax	71 000	92 000	28 000	54 000
Net Income	262 000	328 000	118 000	207 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	161 000	161 000	161 000	171 000
Total Current Assets	735 000	709 000	247 000	316 000
Total Assets	896 000	870 000	408 000	487 000
Total Retained Equity	764 000	502 000	166 000	49 000
Total Equity	794 000	532 000	196 000	79 000
Total Long-Term Debt	0	2 000	2 000	2 000
Total Current Debt	102 000	336 000	209 000	406 000
Total Equity and Debt	896 000	870 000	408 000	487 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	35 000	0	0
Other Income	668 000	656 000	531 000	476 000
Revenue	668 000	691 000	531 000	476 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	10 000	0
Impairment	0	0	0	0
Expenditure	339 000	272 000	387 000	214 000
Operating Profit	329 000	420 000	145 000	262 000
Financial Income	4 000	1 000	1 000	0
Financial Costs	0	0	0	0
Financial Balance	4 000	1 000	1 000	0
Dividends	0	0	0	0
Net Income	262 000	328 000	118 000	207 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	161 000	161 000	161 000	171 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	161 000	161 000	161 000	171 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	161 000	161 000	161 000	171 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	722 000	485 000	63 000	29 000
Total Current Assets	735 000	709 000	247 000	316 000
Total Assets	896 000	870 000	408 000	487 000
Total Equity	794 000	532 000	196 000	79 000
Short-Term Group Debt	0	94 000	7 000	396 000
Total Long-Term Debt	0	2 000	2 000	2 000
Creditors	7 000	4 000	9 000	2 000
Unpaid Taxes	0	35 000	30 000	0
Dividends	0	0	0	0
Other Current Debt	22 000	110 000	135 000	0
Total Current Debt	102 000	336 000	209 000	406 000
Total Equity and Debt	896 000	870 000	408 000	487 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33 %	61,65 %	60,2 %	262,03 %
Debt-to-Equity Ratio	0	0	0,01	0,03
Operating Profit Margin	49,25 %	60,78 %	27,31 %	55,04 %
Current Ratio	7,21	2,11	1,18	0,78
Quick Ratio	7,21	2,11	1,18	0,78
Equity Ratio	0,89	0,61	0,48	0,16
Gross Profit Margin	100 %	100 %	100 %	100 %