VÅGE KRAFT AS

6387 VÅGSTRANDA

Finances

Share Ownership

Return on Equity

−30,77 %

Current Ratio

0,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	103 000	125 000	21 000
Net Income	−12 000	52 000	−31 000
Total Assets	585 000	593 000	593 000
Total Equity	39 000	51 000	−1 000

Income (NOK)	2022	2021	2020
Revenue	103 000	125 000	21 000
Expenditure	119 000	58 000	61 000
Operating Profit	−15 000	67 000	−40 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	−15 000	67 000	−40 000
Tax	−3 000	15 000	−9 000
Net Income	−12 000	52 000	−31 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	558 000	535 000	561 000
Total Current Assets	27 000	58 000	32 000
Total Assets	585 000	593 000	593 000
Total Retained Equity	9 000	21 000	−31 000
Total Equity	39 000	51 000	−1 000
Total Long-Term Debt	0	2 000	0
Total Current Debt	546 000	540 000	594 000
Total Equity and Debt	585 000	593 000	593 000

Cash flow (NOK)	2022	2021	2020
Sales Income	103 000	125 000	21 000
Other Income	0	0	0
Revenue	103 000	125 000	21 000
Cost of Goods Sold	2 000	0	0
Salary Costs	0	0	0
Depreciation	16 000	16 000	16 000
Impairment	0	0	0
Expenditure	119 000	58 000	61 000
Operating Profit	−15 000	67 000	−40 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	−12 000	52 000	−31 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	2 000	0	10 000
Real Eastate	0	0	0
Machinery and Plant Facilities	519 000	535 000	550 000
Fixtures	0	0	0
Total Tangible Assets	519 000	535 000	550 000
Total Fiancial Fixed Assets	37 000	0	0
Total Fixed Assets	558 000	535 000	561 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	5 000	19 000	0
Total Current Assets	27 000	58 000	32 000
Total Assets	585 000	593 000	593 000
Total Equity	39 000	51 000	−1 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	2 000	0
Creditors	2 000	2 000	50 000
Unpaid Taxes	4 000	7 000	−4 000
Dividends	0	0	0
Other Current Debt	540 000	527 000	535 000
Total Current Debt	546 000	540 000	594 000
Total Equity and Debt	585 000	593 000	593 000

Financial indicators	2022	2021	2020
Return on Equity	−30,77 %	101,96 %	3 100 %
Debt-to-Equity Ratio	0	0,04	−0
Operating Profit Margin	−14,56 %	53,6 %	−190,48 %
Current Ratio	0,05	0,11	0,05
Quick Ratio	0,05	0,11	0,05
Equity Ratio	0,07	0,09	−0
Gross Profit Margin	98,06 %	100 %	100 %