VÅGSLAND FJELLBORING AS

3750 DRANGEDAL

Finances

Share Ownership

Return on Equity

−10,16 %

Current Ratio

5,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	190 000	293 000	193 000
Net Income	−248 000	−115 000	43 000
Total Assets	2 693 000	2 776 000	3 079 000
Total Equity	2 442 000	2 690 000	2 805 000

Income (NOK)	2022	2021	2020
Revenue	190 000	293 000	193 000
Expenditure	438 000	424 000	94 000
Operating Profit	−248 000	−132 000	99 000
Financial Income	0	1 000	0
Financial Costs	0	0	0
Financial Balance	0	1 000	0
Earnings Before Tax	−248 000	−131 000	99 000
Tax	0	−16 000	56 000
Net Income	−248 000	−115 000	43 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 259 000	922 000	598 000
Total Current Assets	1 434 000	1 854 000	2 481 000
Total Assets	2 693 000	2 776 000	3 079 000
Total Retained Equity	2 307 000	2 555 000	2 670 000
Total Equity	2 442 000	2 690 000	2 805 000
Total Long-Term Debt	0	0	16 000
Total Current Debt	251 000	85 000	258 000
Total Equity and Debt	2 693 000	2 776 000	3 079 000

Cash flow (NOK)	2022	2021	2020
Sales Income	190 000	281 000	90 000
Other Income	0	11 000	103 000
Revenue	190 000	293 000	193 000
Cost of Goods Sold	0	0	0
Salary Costs	0	76 000	0
Depreciation	114 000	74 000	7 000
Impairment	0	0	0
Expenditure	438 000	424 000	94 000
Operating Profit	−248 000	−132 000	99 000
Financial Income	0	1 000	0
Financial Costs	0	0	0
Financial Balance	0	1 000	0
Dividends	0	0	0
Net Income	−248 000	−115 000	43 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	183 000	101 000	0
Machinery and Plant Facilities	458 000	364 000	102 000
Fixtures	319 000	157 000	197 000
Total Tangible Assets	959 000	622 000	298 000
Total Fiancial Fixed Assets	300 000	300 000	300 000
Total Fixed Assets	1 259 000	922 000	598 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	816 000	604 000	760 000
Total Current Assets	1 434 000	1 854 000	2 481 000
Total Assets	2 693 000	2 776 000	3 079 000
Total Equity	2 442 000	2 690 000	2 805 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	16 000
Creditors	64 000	22 000	214 000
Unpaid Taxes	1 000	27 000	14 000
Dividends	0	0	0
Other Current Debt	186 000	36 000	27 000
Total Current Debt	251 000	85 000	258 000
Total Equity and Debt	2 693 000	2 776 000	3 079 000

Financial indicators	2022	2021	2020
Return on Equity	−10,16 %	−4,28 %	1,53 %
Debt-to-Equity Ratio	0	0	0,01
Operating Profit Margin	−130,53 %	−45,05 %	51,3 %
Current Ratio	5,71	21,81	9,62
Quick Ratio	5,71	21,81	9,62
Equity Ratio	0,91	0,97	0,91
Gross Profit Margin	100 %	100 %	100 %