VANGEN EIENDOM AS

3733 SKIEN

Finances

Share Ownership

Return on Equity

8,14 %

Current Ratio

11,23

Debt-to-Equity Ratio

0,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	360 000	356 000	344 000	331 000
Net Income	59 000	80 000	66 000	37 000
Total Assets	1 048 000	1 069 000	1 041 000	1 036 000
Total Equity	725 000	726 000	697 000	631 000

Income (NOK)	2022	2021	2020	2019
Revenue	360 000	356 000	344 000	331 000
Expenditure	271 000	243 000	251 000	272 000
Operating Profit	89 000	113 000	94 000	59 000
Financial Income	0	0	0	0
Financial Costs	16 000	11 000	10 000	13 000
Financial Balance	−16 000	−11 000	−10 000	−13 000
Earnings Before Tax	72 000	102 000	84 000	47 000
Tax	13 000	23 000	18 000	10 000
Net Income	59 000	80 000	66 000	37 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	609 000	643 000	665 000	673 000
Total Current Assets	438 000	426 000	375 000	362 000
Total Assets	1 048 000	1 069 000	1 041 000	1 036 000
Total Retained Equity	625 000	626 000	597 000	531 000
Total Equity	725 000	726 000	697 000	631 000
Total Long-Term Debt	284 000	304 000	325 000	340 000
Total Current Debt	39 000	38 000	19 000	65 000
Total Equity and Debt	1 048 000	1 069 000	1 041 000	1 036 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	331 000
Other Income	360 000	356 000	344 000	0
Revenue	360 000	356 000	344 000	331 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	33 000	23 000	31 000	30 000
Impairment	0	0	0	0
Expenditure	271 000	243 000	251 000	272 000
Operating Profit	89 000	113 000	94 000	59 000
Financial Income	0	0	0	0
Financial Costs	16 000	11 000	10 000	13 000
Financial Balance	−16 000	−11 000	−10 000	−13 000
Dividends	0	0	0	0
Net Income	59 000	80 000	66 000	37 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	577 000	587 000	598 000	609 000
Machinery and Plant Facilities	0	0	0	64 000
Fixtures	33 000	55 000	67 000	0
Total Tangible Assets	609 000	643 000	665 000	673 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	609 000	643 000	665 000	673 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	397 000	377 000	333 000	321 000
Total Current Assets	438 000	426 000	375 000	362 000
Total Assets	1 048 000	1 069 000	1 041 000	1 036 000
Total Equity	725 000	726 000	697 000	631 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	284 000	304 000	325 000	340 000
Creditors	25 000	15 000	0	4 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	39 000	38 000	19 000	65 000
Total Equity and Debt	1 048 000	1 069 000	1 041 000	1 036 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,14 %	11,02 %	9,47 %	5,86 %
Debt-to-Equity Ratio	0,39	0,42	0,47	0,54
Operating Profit Margin	24,72 %	31,74 %	27,33 %	17,82 %
Current Ratio	11,23	11,21	19,74	5,57
Quick Ratio	11,23	11,21	19,74	5,57
Equity Ratio	0,69	0,68	0,67	0,61
Gross Profit Margin	100 %	100 %	100 %	100 %