VANGEN INVESTMENT AS

3120 NØTTERØY

Finances

Share Ownership

Return on Equity

6,73 %

Current Ratio

1,79

Debt-to-Equity Ratio

5,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 432 000	615 000	8 475 000	8 000
Net Income	98 000	−18 000	−364 000	−1 369 000
Total Assets	20 765 000	16 456 000	4 060 000	10 819 000
Total Equity	1 457 000	1 358 000	1 376 000	239 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 432 000	615 000	8 475 000	8 000
Expenditure	5 666 000	393 000	8 552 000	1 046 000
Operating Profit	767 000	222 000	−77 000	−1 038 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	670 000	241 000	272 000	333 000
Financial Balance	−669 000	−240 000	−271 000	−332 000
Earnings Before Tax	98 000	−18 000	−349 000	−1 369 000
Tax	0	0	15 000	0
Net Income	98 000	−18 000	−364 000	−1 369 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	15 000
Total Current Assets	20 765 000	16 456 000	4 060 000	10 804 000
Total Assets	20 765 000	16 456 000	4 060 000	10 819 000
Total Retained Equity	−253 000	−351 000	−333 000	30 000
Total Equity	1 457 000	1 358 000	1 376 000	239 000
Total Long-Term Debt	7 700 000	10 250 000	2 550 000	9 550 000
Total Current Debt	11 608 000	4 848 000	134 000	1 030 000
Total Equity and Debt	20 765 000	16 456 000	4 060 000	10 819 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 190 000	600 000	7 325 000	8 000
Other Income	242 000	15 000	1 150 000	0
Revenue	6 432 000	615 000	8 475 000	8 000
Cost of Goods Sold	5 441 000	302 000	7 584 000	15 000
Salary Costs	0	−7 000	741 000	992 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 666 000	393 000	8 552 000	1 046 000
Operating Profit	767 000	222 000	−77 000	−1 038 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	670 000	241 000	272 000	333 000
Financial Balance	−669 000	−240 000	−271 000	−332 000
Dividends	0	0	0	0
Net Income	98 000	−18 000	−364 000	−1 369 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	15 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	15 000
Stock	18 829 000	15 828 000	3 971 000	10 576 000
Total Investments	1 000	1 000	1 000	1 000
Cash, Bank	1 275 000	627 000	83 000	96 000
Total Current Assets	20 765 000	16 456 000	4 060 000	10 804 000
Total Assets	20 765 000	16 456 000	4 060 000	10 819 000
Total Equity	1 457 000	1 358 000	1 376 000	239 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 700 000	10 250 000	2 550 000	9 550 000
Creditors	526 000	1 693 000	9 000	109 000
Unpaid Taxes	0	0	9 000	67 000
Dividends	0	0	0	0
Other Current Debt	83 000	132 000	115 000	854 000
Total Current Debt	11 608 000	4 848 000	134 000	1 030 000
Total Equity and Debt	20 765 000	16 456 000	4 060 000	10 819 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,73 %	−1,33 %	−26,45 %	−572,8 %
Debt-to-Equity Ratio	5,28	7,55	1,85	39,96
Operating Profit Margin	11,92 %	36,1 %	−0,91 %	−12 975 %
Current Ratio	1,79	3,39	30,3	10,49
Quick Ratio	−2,88	−1,5	−1,06	−1,13
Equity Ratio	0,07	0,08	0,34	0,02
Gross Profit Margin	15,41 %	50,89 %	10,51 %	−87,5 %