VIDAR VENGE AS

5171 LODDEFJORD

Finances

Share Ownership

Return on Equity

30,98 %

Current Ratio

2,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 993 000	11 958 000	13 547 000	11 033 000
Net Income	992 000	370 000	1 236 000	−741 000
Total Assets	5 935 000	5 303 000	6 535 000	4 119 000
Total Equity	3 202 000	3 201 000	3 644 000	2 491 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 993 000	11 958 000	13 547 000	11 033 000
Expenditure	10 197 000	8 252 000	8 539 000	9 644 000
Operating Profit	1 271 000	442 000	1 428 000	−782 000
Financial Income	3 000	12 000	3 000	10 000
Financial Costs	0	1 000	1 000	6 000
Financial Balance	3 000	11 000	2 000	4 000
Earnings Before Tax	1 274 000	452 000	1 430 000	−777 000
Tax	282 000	82 000	194 000	−36 000
Net Income	992 000	370 000	1 236 000	−741 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	139 000	128 000	194 000	244 000
Total Current Assets	5 796 000	5 175 000	6 341 000	3 875 000
Total Assets	5 935 000	5 303 000	6 535 000	4 119 000
Total Retained Equity	2 873 000	2 872 000	3 315 000	2 162 000
Total Equity	3 202 000	3 201 000	3 644 000	2 491 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 733 000	2 102 000	2 891 000	1 628 000
Total Equity and Debt	5 935 000	5 303 000	6 535 000	4 119 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 993 000	11 885 000	13 547 000	11 033 000
Other Income	0	73 000	0	0
Revenue	15 993 000	11 958 000	13 547 000	11 033 000
Cost of Goods Sold	0	0	0	0
Salary Costs	7 502 000	5 928 000	6 008 000	7 044 000
Depreciation	59 000	59 000	77 000	239 000
Impairment	0	0	0	0
Expenditure	10 197 000	8 252 000	8 539 000	9 644 000
Operating Profit	1 271 000	442 000	1 428 000	−782 000
Financial Income	3 000	12 000	3 000	10 000
Financial Costs	0	1 000	1 000	6 000
Financial Balance	3 000	11 000	2 000	4 000
Dividends	0	0	0	0
Net Income	992 000	370 000	1 236 000	−741 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	139 000	128 000	194 000	244 000
Total Tangible Assets	139 000	128 000	194 000	244 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	139 000	128 000	194 000	244 000
Stock	623 000	733 000	712 000	325 000
Total Investments	0	0	0	0
Cash, Bank	3 106 000	1 213 000	1 906 000	1 617 000
Total Current Assets	5 796 000	5 175 000	6 341 000	3 875 000
Total Assets	5 935 000	5 303 000	6 535 000	4 119 000
Total Equity	3 202 000	3 201 000	3 644 000	2 491 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	584 000	588 000	685 000	115 000
Unpaid Taxes	1 179 000	864 000	1 232 000	905 000
Dividends	0	0	0	0
Other Current Debt	693 000	567 000	797 000	608 000
Total Current Debt	2 733 000	2 102 000	2 891 000	1 628 000
Total Equity and Debt	5 935 000	5 303 000	6 535 000	4 119 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,98 %	11,56 %	33,92 %	−29,75 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,95 %	3,7 %	10,54 %	−7,09 %
Current Ratio	2,12	2,46	2,19	2,38
Quick Ratio	2,75	3,78	2,91	2,97
Equity Ratio	0,54	0,6	0,56	0,6
Gross Profit Margin	100 %	100 %	100 %	100 %