VÅGENES EIENDOM AS

5022 BERGEN

Finances

Share Ownership

Return on Equity

−1 346,65 %

Current Ratio

2,82

Debt-to-Equity Ratio

677,7

Key figures (NOK)	2022	2021	2020
Revenue	41 170 000	32 862 000	30 779 000
Net Income	−10 652 000	8 008 000	8 202 000
Total Assets	542 652 000	478 796 000	369 163 000
Total Equity	791 000	190 000	183 000

Income (NOK)	2022	2021	2020
Revenue	41 170 000	32 862 000	30 779 000
Expenditure	36 467 000	13 101 000	11 543 000
Operating Profit	4 703 000	19 760 000	19 236 000
Financial Income	4 000	1 000	3 000
Financial Costs	17 839 000	8 733 000	8 232 000
Financial Balance	−17 835 000	−8 732 000	−8 229 000
Earnings Before Tax	−13 132 000	11 029 000	11 008 000
Tax	−2 480 000	3 021 000	2 806 000
Net Income	−10 652 000	8 008 000	8 202 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	526 291 000	471 669 000	360 474 000
Total Current Assets	16 361 000	7 127 000	8 689 000
Total Assets	542 652 000	478 796 000	369 163 000
Total Retained Equity	0	30 000	23 000
Total Equity	791 000	190 000	183 000
Total Long-Term Debt	536 058 000	442 304 000	351 611 000
Total Current Debt	5 803 000	36 302 000	17 369 000
Total Equity and Debt	542 652 000	478 796 000	369 163 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	41 170 000	32 862 000	30 779 000
Revenue	41 170 000	32 862 000	30 779 000
Cost of Goods Sold	0	0	0
Salary Costs	3 163 000	2 627 000	2 377 000
Depreciation	2 154 000	1 689 000	932 000
Impairment	0	0	0
Expenditure	36 467 000	13 101 000	11 543 000
Operating Profit	4 703 000	19 760 000	19 236 000
Financial Income	4 000	1 000	3 000
Financial Costs	17 839 000	8 733 000	8 232 000
Financial Balance	−17 835 000	−8 732 000	−8 229 000
Dividends	0	0	0
Net Income	−10 652 000	8 008 000	8 202 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	466 000	0	0
Real Eastate	524 859 000	470 650 000	354 362 000
Machinery and Plant Facilities	0	0	0
Fixtures	966 000	473 000	171 000
Total Tangible Assets	525 825 000	471 123 000	354 533 000
Total Fiancial Fixed Assets	0	546 000	5 941 000
Total Fixed Assets	526 291 000	471 669 000	360 474 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	2 038 000	6 584 000	8 183 000
Total Current Assets	16 361 000	7 127 000	8 689 000
Total Assets	542 652 000	478 796 000	369 163 000
Total Equity	791 000	190 000	183 000
Short-Term Group Debt	808 000	31 159 000	13 487 000
Total Long-Term Debt	536 058 000	442 304 000	351 611 000
Creditors	1 766 000	1 438 000	506 000
Unpaid Taxes	189 000	186 000	185 000
Dividends	0	0	0
Other Current Debt	3 039 000	2 755 000	1 722 000
Total Current Debt	5 803 000	36 302 000	17 369 000
Total Equity and Debt	542 652 000	478 796 000	369 163 000

Financial indicators	2022	2021	2020
Return on Equity	−1 346,65 %	4 214,74 %	4 481,97 %
Debt-to-Equity Ratio	677,7	2 327,92	1 921,37
Operating Profit Margin	11,42 %	60,13 %	62,5 %
Current Ratio	2,82	0,2	0,5
Quick Ratio	2,82	0,2	0,5
Equity Ratio	0	0	0
Gross Profit Margin	100 %	100 %	100 %