VANG HOLDING AS

9334 ØVERBYGD

Finances

Return on Equity

70,73 %

Current Ratio

2,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	240 000	240 000	240 000
Net Income	1 858 000	1 110 000	1 028 000
Total Assets	3 767 000	2 931 000	1 826 000
Total Equity	2 627 000	1 769 000	659 000

Income (NOK)	2022	2021	2020
Revenue	240 000	240 000	240 000
Expenditure	136 000	132 000	75 000
Operating Profit	104 000	108 000	166 000
Financial Income	1 779 000	1 026 000	900 000
Financial Costs	0	0	0
Financial Balance	1 779 000	1 026 000	900 000
Earnings Before Tax	1 883 000	1 135 000	1 066 000
Tax	25 000	25 000	37 000
Net Income	1 858 000	1 110 000	1 028 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	466 000	488 000	509 000
Total Current Assets	3 300 000	2 443 000	1 317 000
Total Assets	3 767 000	2 931 000	1 826 000
Total Retained Equity	1 968 000	1 110 000	0
Total Equity	2 627 000	1 769 000	659 000
Total Long-Term Debt	0	0	0
Total Current Debt	1 140 000	1 162 000	1 167 000
Total Equity and Debt	3 767 000	2 931 000	1 826 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	240 000	240 000	240 000
Revenue	240 000	240 000	240 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	22 000	22 000	22 000
Impairment	0	0	0
Expenditure	136 000	132 000	75 000
Operating Profit	104 000	108 000	166 000
Financial Income	1 779 000	1 026 000	900 000
Financial Costs	0	0	0
Financial Balance	1 779 000	1 026 000	900 000
Dividends	1 000 000	0	900 000
Net Income	1 858 000	1 110 000	1 028 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	366 000	388 000	409 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	366 000	388 000	409 000
Total Fiancial Fixed Assets	100 000	100 000	100 000
Total Fixed Assets	466 000	488 000	509 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 475 000	1 368 000	1 268 000
Total Current Assets	3 300 000	2 443 000	1 317 000
Total Assets	3 767 000	2 931 000	1 826 000
Total Equity	2 627 000	1 769 000	659 000
Short-Term Group Debt	0	1 026 000	1 026 000
Total Long-Term Debt	0	0	0
Creditors	1 000	1 000	0
Unpaid Taxes	8 000	9 000	2 000
Dividends	1 000 000	0	900 000
Other Current Debt	107 000	101 000	101 000
Total Current Debt	1 140 000	1 162 000	1 167 000
Total Equity and Debt	3 767 000	2 931 000	1 826 000

Financial indicators	2022	2021	2020
Return on Equity	70,73 %	62,75 %	155,99 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	43,33 %	45 %	69,17 %
Current Ratio	2,89	2,1	1,13
Quick Ratio	2,89	2,1	1,13
Equity Ratio	0,7	0,6	0,36
Gross Profit Margin	100 %	100 %	100 %