VÅGSTRANDA 2A AS

9403 HARSTAD

Finances

Share Ownership

Return on Equity

22,37 %

Current Ratio

0,72

Debt-to-Equity Ratio

4,81

Key figures (NOK)	2022	2021	2020	2019
Revenue	206 000	275 000	285 000	54 000
Net Income	66 000	78 000	131 000	−10 000
Total Assets	2 100 000	2 073 000	2 028 000	1 918 000
Total Equity	295 000	228 000	151 000	20 000

Income (NOK)	2022	2021	2020	2019
Revenue	206 000	275 000	285 000	54 000
Expenditure	56 000	106 000	54 000	34 000
Operating Profit	150 000	169 000	230 000	20 000
Financial Income	0	0	0	0
Financial Costs	65 000	69 000	66 000	30 000
Financial Balance	−65 000	−69 000	−66 000	−30 000
Earnings Before Tax	85 000	100 000	165 000	−10 000
Tax	19 000	22 000	34 000	0
Net Income	66 000	78 000	131 000	−10 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 821 000	1 843 000	1 866 000	1 888 000
Total Current Assets	279 000	230 000	162 000	30 000
Total Assets	2 100 000	2 073 000	2 028 000	1 918 000
Total Retained Equity	265 000	198 000	121 000	−10 000
Total Equity	295 000	228 000	151 000	20 000
Total Long-Term Debt	1 419 000	1 469 000	1 517 000	1 553 000
Total Current Debt	386 000	375 000	360 000	345 000
Total Equity and Debt	2 100 000	2 073 000	2 028 000	1 918 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	206 000	275 000	285 000	54 000
Revenue	206 000	275 000	285 000	54 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	22 000	22 000	22 000	9 000
Impairment	0	0	0	0
Expenditure	56 000	106 000	54 000	34 000
Operating Profit	150 000	169 000	230 000	20 000
Financial Income	0	0	0	0
Financial Costs	65 000	69 000	66 000	30 000
Financial Balance	−65 000	−69 000	−66 000	−30 000
Dividends	0	0	0	0
Net Income	66 000	78 000	131 000	−10 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 821 000	1 843 000	1 866 000	1 888 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 821 000	1 843 000	1 866 000	1 888 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 821 000	1 843 000	1 866 000	1 888 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	261 000	182 000	160 000	5 000
Total Current Assets	279 000	230 000	162 000	30 000
Total Assets	2 100 000	2 073 000	2 028 000	1 918 000
Total Equity	295 000	228 000	151 000	20 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 419 000	1 469 000	1 517 000	1 553 000
Creditors	4 000	0	9 000	0
Unpaid Taxes	14 000	19 000	0	0
Dividends	0	0	0	0
Other Current Debt	353 000	338 000	330 000	345 000
Total Current Debt	386 000	375 000	360 000	345 000
Total Equity and Debt	2 100 000	2 073 000	2 028 000	1 918 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,37 %	34,21 %	86,75 %	−50 %
Debt-to-Equity Ratio	4,81	6,44	10,05	77,65
Operating Profit Margin	72,82 %	61,45 %	80,7 %	37,04 %
Current Ratio	0,72	0,61	0,45	0,09
Quick Ratio	0,72	0,61	0,45	0,09
Equity Ratio	0,14	0,11	0,07	0,01
Gross Profit Margin	100 %	100 %	100 %	100 %