VÅGENES AS

5035 BERGEN

Finances

Share Ownership

Return on Equity

13,18 %

Current Ratio

2,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 549 000	4 955 000	5 494 000	185 000
Net Income	184 000	51 000	225 000	12 000
Total Assets	2 213 000	2 131 000	2 417 000	1 259 000
Total Equity	1 396 000	1 212 000	1 161 000	936 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 549 000	4 955 000	5 494 000	185 000
Expenditure	6 487 000	4 799 000	5 272 000	176 000
Operating Profit	180 000	50 000	222 000	8 000
Financial Income	4 000	1 000	3 000	5 000
Financial Costs	0	0	0	0
Financial Balance	4 000	1 000	3 000	5 000
Earnings Before Tax	184 000	51 000	225 000	12 000
Tax	0	0	0	0
Net Income	184 000	51 000	225 000	12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	226 000	318 000	210 000	266 000
Total Current Assets	1 986 000	1 813 000	2 207 000	993 000
Total Assets	2 213 000	2 131 000	2 417 000	1 259 000
Total Retained Equity	1 296 000	1 112 000	1 061 000	836 000
Total Equity	1 396 000	1 212 000	1 161 000	936 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	817 000	919 000	1 256 000	322 000
Total Equity and Debt	2 213 000	2 131 000	2 417 000	1 259 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 537 000	4 955 000	5 494 000	150 000
Other Income	12 000	0	0	35 000
Revenue	6 549 000	4 955 000	5 494 000	185 000
Cost of Goods Sold	5 401 000	3 952 000	4 312 000	9 000
Salary Costs	448 000	348 000	476 000	1 000
Depreciation	92 000	71 000	56 000	52 000
Impairment	0	0	0	0
Expenditure	6 487 000	4 799 000	5 272 000	176 000
Operating Profit	180 000	50 000	222 000	8 000
Financial Income	4 000	1 000	3 000	5 000
Financial Costs	0	0	0	0
Financial Balance	4 000	1 000	3 000	5 000
Dividends	0	0	0	0
Net Income	184 000	51 000	225 000	12 000

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	226 000	318 000	210 000	266 000
Total Tangible Assets	226 000	318 000	210 000	266 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	226 000	318 000	210 000	266 000
Stock	291 000	173 000	278 000	239 000
Total Investments	0	0	0	0
Cash, Bank	1 456 000	1 538 000	1 517 000	472 000
Total Current Assets	1 986 000	1 813 000	2 207 000	993 000
Total Assets	2 213 000	2 131 000	2 417 000	1 259 000
Total Equity	1 396 000	1 212 000	1 161 000	936 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	662 000	789 000	1 116 000	309 000
Unpaid Taxes	79 000	70 000	87 000	0
Dividends	0	0	0	0
Other Current Debt	76 000	59 000	53 000	14 000
Total Current Debt	817 000	919 000	1 256 000	322 000
Total Equity and Debt	2 213 000	2 131 000	2 417 000	1 259 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,18 %	4,21 %	19,38 %	1,28 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,75 %	1,01 %	4,04 %	4,32 %
Current Ratio	2,43	1,97	1,76	3,08
Quick Ratio	3,78	2,43	2,26	11,96
Equity Ratio	0,63	0,57	0,48	0,74
Gross Profit Margin	17,53 %	20,24 %	21,51 %	95,14 %