VÅGEN AQUA AS

7194 BRANDSFJORD

Finances

Share Ownership

Return on Equity

11,53 %

Current Ratio

10,79

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 403 000	7 877 000	5 736 000	5 289 000
Net Income	430 000	845 000	451 000	386 000
Total Assets	3 980 000	3 633 000	2 775 000	2 326 000
Total Equity	3 731 000	3 302 000	2 457 000	2 006 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 403 000	7 877 000	5 736 000	5 289 000
Expenditure	5 861 000	6 864 000	5 169 000	4 800 000
Operating Profit	542 000	1 012 000	566 000	488 000
Financial Income	9 000	8 000	12 000	6 000
Financial Costs	0	0	0	0
Financial Balance	9 000	8 000	12 000	6 000
Earnings Before Tax	551 000	1 020 000	578 000	495 000
Tax	121 000	175 000	127 000	109 000
Net Income	430 000	845 000	451 000	386 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 303 000	1 466 000	963 000	897 000
Total Current Assets	2 677 000	2 167 000	1 813 000	1 429 000
Total Assets	3 980 000	3 633 000	2 775 000	2 326 000
Total Retained Equity	2 931 000	2 502 000	1 657 000	1 206 000
Total Equity	3 731 000	3 302 000	2 457 000	2 006 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	248 000	331 000	318 000	320 000
Total Equity and Debt	3 980 000	3 633 000	2 775 000	2 326 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 123 000	7 284 000	5 321 000	5 004 000
Other Income	279 000	593 000	415 000	285 000
Revenue	6 403 000	7 877 000	5 736 000	5 289 000
Cost of Goods Sold	4 267 000	4 979 000	3 508 000	3 457 000
Salary Costs	477 000	496 000	426 000	385 000
Depreciation	243 000	300 000	175 000	158 000
Impairment	0	0	0	0
Expenditure	5 861 000	6 864 000	5 169 000	4 800 000
Operating Profit	542 000	1 012 000	566 000	488 000
Financial Income	9 000	8 000	12 000	6 000
Financial Costs	0	0	0	0
Financial Balance	9 000	8 000	12 000	6 000
Dividends	0	0	0	0
Net Income	430 000	845 000	451 000	386 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	353 000	321 000	309 000	326 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	950 000	1 145 000	654 000	571 000
Total Tangible Assets	1 303 000	1 466 000	963 000	897 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 303 000	1 466 000	963 000	897 000
Stock	54 000	43 000	37 000	31 000
Total Investments	0	0	0	0
Cash, Bank	2 436 000	1 599 000	1 484 000	1 197 000
Total Current Assets	2 677 000	2 167 000	1 813 000	1 429 000
Total Assets	3 980 000	3 633 000	2 775 000	2 326 000
Total Equity	3 731 000	3 302 000	2 457 000	2 006 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−68 000	−52 000	8 000	9 000
Unpaid Taxes	34 000	45 000	27 000	50 000
Dividends	0	0	0	0
Other Current Debt	161 000	163 000	156 000	152 000
Total Current Debt	248 000	331 000	318 000	320 000
Total Equity and Debt	3 980 000	3 633 000	2 775 000	2 326 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,53 %	25,59 %	18,36 %	19,24 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,46 %	12,85 %	9,87 %	9,23 %
Current Ratio	10,79	6,55	5,7	4,47
Quick Ratio	13,8	7,52	6,45	4,94
Equity Ratio	0,94	0,91	0,89	0,86
Gross Profit Margin	33,36 %	36,79 %	38,84 %	34,64 %