VAAGLAND MEK VERKSTED AS

6683 VÅGLAND

Finances

Return on Equity

30,02 %

Current Ratio

1,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 949 000	4 036 000	4 006 000	7 254 000
Net Income	996 000	−25 000	−36 000	−1 542 000
Total Assets	5 008 000	3 532 000	3 944 000	4 156 000
Total Equity	3 318 000	2 321 000	2 496 000	2 533 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 949 000	4 036 000	4 006 000	7 254 000
Expenditure	2 953 000	4 059 000	4 042 000	8 802 000
Operating Profit	997 000	−23 000	−36 000	−1 549 000
Financial Income	3 000	1 000	3 000	9 000
Financial Costs	3 000	2 000	3 000	3 000
Financial Balance	0	−1 000	0	6 000
Earnings Before Tax	996 000	−25 000	−36 000	−1 542 000
Tax	0	0	0	0
Net Income	996 000	−25 000	−36 000	−1 542 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 662 000	1 808 000	1 912 000	2 091 000
Total Current Assets	3 346 000	1 724 000	2 032 000	2 065 000
Total Assets	5 008 000	3 532 000	3 944 000	4 156 000
Total Retained Equity	3 199 000	2 202 000	2 316 000	2 353 000
Total Equity	3 318 000	2 321 000	2 496 000	2 533 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 690 000	1 211 000	1 448 000	1 623 000
Total Equity and Debt	5 008 000	3 532 000	3 944 000	4 156 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 018 000	4 036 000	4 006 000	6 928 000
Other Income	−69 000	0	0	325 000
Revenue	3 949 000	4 036 000	4 006 000	7 254 000
Cost of Goods Sold	905 000	1 840 000	1 481 000	3 868 000
Salary Costs	1 441 000	1 434 000	1 896 000	3 394 000
Depreciation	39 000	74 000	89 000	104 000
Impairment	0	0	0	0
Expenditure	2 953 000	4 059 000	4 042 000	8 802 000
Operating Profit	997 000	−23 000	−36 000	−1 549 000
Financial Income	3 000	1 000	3 000	9 000
Financial Costs	3 000	2 000	3 000	3 000
Financial Balance	0	−1 000	0	6 000
Dividends	0	0	0	0
Net Income	996 000	−25 000	−36 000	−1 542 000

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	2 000	7 000	14 000	29 000
Fixtures	51 000	103 000	97 000	161 000
Total Tangible Assets	54 000	110 000	124 000	213 000
Total Fiancial Fixed Assets	1 608 000	1 698 000	1 788 000	1 878 000
Total Fixed Assets	1 662 000	1 808 000	1 912 000	2 091 000
Stock	1 280 000	371 000	449 000	435 000
Total Investments	0	0	0	0
Cash, Bank	713 000	888 000	743 000	1 109 000
Total Current Assets	3 346 000	1 724 000	2 032 000	2 065 000
Total Assets	5 008 000	3 532 000	3 944 000	4 156 000
Total Equity	3 318 000	2 321 000	2 496 000	2 533 000
Short-Term Group Debt	331 000	794 000	351 000	383 000
Total Long-Term Debt	0	0	0	0
Creditors	346 000	60 000	125 000	33 000
Unpaid Taxes	382 000	140 000	273 000	469 000
Dividends	0	0	0	0
Other Current Debt	631 000	218 000	699 000	739 000
Total Current Debt	1 690 000	1 211 000	1 448 000	1 623 000
Total Equity and Debt	5 008 000	3 532 000	3 944 000	4 156 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,02 %	−1,08 %	−1,44 %	−60,88 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	25,25 %	−0,57 %	−0,9 %	−21,35 %
Current Ratio	1,98	1,42	1,4	1,27
Quick Ratio	8,16	2,05	2,03	1,74
Equity Ratio	0,66	0,66	0,63	0,61
Gross Profit Margin	77,08 %	54,41 %	63,03 %	46,68 %