VÅGSOSEN HANDEL AS

8130 SANDHORNØY

Finances

Share Ownership

Return on Equity

51,72 %

Current Ratio

1,3

Debt-to-Equity Ratio

13,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 127 000	15 289 000	16 461 000	15 303 000
Net Income	75 000	−147 000	−208 000	124 000
Total Assets	3 359 000	3 715 000	4 584 000	5 210 000
Total Equity	145 000	70 000	217 000	424 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 127 000	15 289 000	16 461 000	15 303 000
Expenditure	12 894 000	15 292 000	16 449 000	14 918 000
Operating Profit	232 000	−3 000	12 000	385 000
Financial Income	−132 000	−138 000	−164 000	0
Financial Costs	13 000	23 000	54 000	218 000
Financial Balance	−145 000	−161 000	−218 000	−218 000
Earnings Before Tax	87 000	−164 000	−206 000	167 000
Tax	12 000	−17 000	2 000	42 000
Net Income	75 000	−147 000	−208 000	124 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 678 000	1 674 000	2 101 000	2 375 000
Total Current Assets	1 680 000	2 041 000	2 483 000	2 835 000
Total Assets	3 359 000	3 715 000	4 584 000	5 210 000
Total Retained Equity	−155 000	−230 000	−83 000	124 000
Total Equity	145 000	70 000	217 000	424 000
Total Long-Term Debt	1 917 000	2 413 000	2 958 000	3 488 000
Total Current Debt	1 297 000	1 232 000	1 409 000	1 297 000
Total Equity and Debt	3 359 000	3 715 000	4 584 000	5 210 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 143 000	14 078 000	15 388 000	15 093 000
Other Income	984 000	1 211 000	1 073 000	211 000
Revenue	13 127 000	15 289 000	16 461 000	15 303 000
Cost of Goods Sold	9 465 000	11 016 000	12 159 000	10 808 000
Salary Costs	1 638 000	1 783 000	1 632 000	1 867 000
Depreciation	422 000	455 000	438 000	380 000
Impairment	0	0	0	0
Expenditure	12 894 000	15 292 000	16 449 000	14 918 000
Operating Profit	232 000	−3 000	12 000	385 000
Financial Income	−132 000	−138 000	−164 000	0
Financial Costs	13 000	23 000	54 000	218 000
Financial Balance	−145 000	−161 000	−218 000	−218 000
Dividends	0	0	0	0
Net Income	75 000	−147 000	−208 000	124 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	8 000	16 000	25 000	33 000
Total Intangible Assets	8 000	16 000	25 000	33 000
Real Eastate	580 000	451 000	484 000	545 000
Machinery and Plant Facilities	341 000	499 000	658 000	817 000
Fixtures	750 000	707 000	934 000	980 000
Total Tangible Assets	1 670 000	1 658 000	2 076 000	2 342 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 678 000	1 674 000	2 101 000	2 375 000
Stock	1 048 000	1 252 000	1 239 000	1 951 000
Total Investments	0	0	0	0
Cash, Bank	182 000	165 000	418 000	234 000
Total Current Assets	1 680 000	2 041 000	2 483 000	2 835 000
Total Assets	3 359 000	3 715 000	4 584 000	5 210 000
Total Equity	145 000	70 000	217 000	424 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 917 000	2 413 000	2 958 000	3 488 000
Creditors	1 009 000	912 000	1 047 000	914 000
Unpaid Taxes	102 000	79 000	109 000	115 000
Dividends	0	0	0	0
Other Current Debt	156 000	240 000	252 000	255 000
Total Current Debt	1 297 000	1 232 000	1 409 000	1 297 000
Total Equity and Debt	3 359 000	3 715 000	4 584 000	5 210 000

Financial indicators	2022	2021	2020	2019
Return on Equity	51,72 %	−210 %	−95,85 %	29,25 %
Debt-to-Equity Ratio	13,22	34,47	13,63	8,23
Operating Profit Margin	1,77 %	−0,02 %	0,07 %	2,52 %
Current Ratio	1,3	1,66	1,76	2,19
Quick Ratio	6,75	−102,05	14,61	−4,33
Equity Ratio	0,04	0,02	0,05	0,08
Gross Profit Margin	27,9 %	27,95 %	26,13 %	29,37 %