VEGSUNDVÅG AS

6018 ÅLESUND

Finances

Share Ownership

Return on Equity

39,44 %

Current Ratio

2,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 423 000	10 577 000	13 879 000	0
Net Income	1 328 000	−1 022 000	100 000	−64 000
Total Assets	5 358 000	9 571 000	18 193 000	3 012 000
Total Equity	3 367 000	2 038 000	3 061 000	2 961 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 423 000	10 577 000	13 879 000	0
Expenditure	7 723 000	11 280 000	13 170 000	64 000
Operating Profit	1 700 000	−702 000	709 000	−64 000
Financial Income	0	0	0	0
Financial Costs	258 000	328 000	600 000	0
Financial Balance	−258 000	−328 000	−600 000	0
Earnings Before Tax	1 442 000	−1 031 000	109 000	−64 000
Tax	113 000	−9 000	9 000	0
Net Income	1 328 000	−1 022 000	100 000	−64 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	2 833 000
Total Current Assets	5 358 000	9 571 000	18 193 000	179 000
Total Assets	5 358 000	9 571 000	18 193 000	3 012 000
Total Retained Equity	342 000	−986 000	36 000	−64 000
Total Equity	3 367 000	2 038 000	3 061 000	2 961 000
Total Long-Term Debt	0	3 475 000	10 809 000	0
Total Current Debt	1 992 000	4 058 000	4 324 000	51 000
Total Equity and Debt	5 358 000	9 571 000	18 193 000	3 012 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 423 000	10 577 000	13 879 000	0
Other Income	0	0	0	0
Revenue	9 423 000	10 577 000	13 879 000	0
Cost of Goods Sold	7 472 000	11 137 000	13 033 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	7 723 000	11 280 000	13 170 000	64 000
Operating Profit	1 700 000	−702 000	709 000	−64 000
Financial Income	0	0	0	0
Financial Costs	258 000	328 000	600 000	0
Financial Balance	−258 000	−328 000	−600 000	0
Dividends	0	0	0	0
Net Income	1 328 000	−1 022 000	100 000	−64 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	2 833 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	2 833 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	2 833 000
Stock	0	6 128 000	11 241 000	0
Total Investments	0	0	0	0
Cash, Bank	61 000	2 000	62 000	179 000
Total Current Assets	5 358 000	9 571 000	18 193 000	179 000
Total Assets	5 358 000	9 571 000	18 193 000	3 012 000
Total Equity	3 367 000	2 038 000	3 061 000	2 961 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	3 475 000	10 809 000	0
Creditors	1 761 000	3 531 000	3 918 000	51 000
Unpaid Taxes	0	0	−154 000	0
Dividends	0	0	0	0
Other Current Debt	118 000	526 000	560 000	0
Total Current Debt	1 992 000	4 058 000	4 324 000	51 000
Total Equity and Debt	5 358 000	9 571 000	18 193 000	3 012 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,44 %	−50,15 %	3,27 %	−2,16 %
Debt-to-Equity Ratio	0	1,71	3,53	0
Operating Profit Margin	18,04 %	−6,64 %	5,11 %	-
Current Ratio	2,69	2,36	4,21	3,51
Quick Ratio	2,69	−4,62	−2,63	3,51
Equity Ratio	0,63	0,21	0,17	0,98
Gross Profit Margin	20,7 %	−5,29 %	6,1 %	-