VÅGEN AS

5680 TYSNES

Finances

Return on Equity

27,67 %

Current Ratio

2,01

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	34 886 000	29 811 000	33 362 000	27 133 000
Net Income	2 311 000	3 097 000	2 720 000	1 348 000
Total Assets	16 087 000	16 968 000	15 811 000	11 720 000
Total Equity	8 353 000	6 042 000	4 945 000	5 726 000

Income (NOK)	2022	2021	2020	2019
Revenue	34 886 000	29 811 000	33 362 000	27 133 000
Expenditure	31 924 000	25 831 000	29 914 000	25 135 000
Operating Profit	2 962 000	3 979 000	3 457 000	1 724 000
Financial Income	12 000	0	4 000	4 000
Financial Costs	5 000	9 000	0	1 000
Financial Balance	7 000	−9 000	4 000	3 000
Earnings Before Tax	2 969 000	3 971 000	3 461 000	1 728 000
Tax	658 000	874 000	741 000	379 000
Net Income	2 311 000	3 097 000	2 720 000	1 348 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 616 000	1 323 000	956 000	559 000
Total Current Assets	13 471 000	15 644 000	14 855 000	11 161 000
Total Assets	16 087 000	16 968 000	15 811 000	11 720 000
Total Retained Equity	8 253 000	5 942 000	4 845 000	5 626 000
Total Equity	8 353 000	6 042 000	4 945 000	5 726 000
Total Long-Term Debt	1 019 000	1 500 000	1 000 000	500 000
Total Current Debt	6 714 000	9 425 000	9 865 000	5 494 000
Total Equity and Debt	16 087 000	16 968 000	15 811 000	11 720 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	34 742 000	31 395 000	32 763 000	26 390 000
Other Income	144 000	−1 584 000	599 000	744 000
Revenue	34 886 000	29 811 000	33 362 000	27 133 000
Cost of Goods Sold	23 830 000	18 471 000	23 512 000	18 724 000
Salary Costs	5 601 000	4 852 000	4 091 000	3 523 000
Depreciation	238 000	207 000	143 000	69 000
Impairment	0	0	0	0
Expenditure	31 924 000	25 831 000	29 914 000	25 135 000
Operating Profit	2 962 000	3 979 000	3 457 000	1 724 000
Financial Income	12 000	0	4 000	4 000
Financial Costs	5 000	9 000	0	1 000
Financial Balance	7 000	−9 000	4 000	3 000
Dividends	0	2 000 000	3 500 000	0
Net Income	2 311 000	3 097 000	2 720 000	1 348 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	226 000	97 000	141 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 721 000	1 092 000	802 000	279 000
Total Tangible Assets	1 721 000	1 092 000	802 000	279 000
Total Fiancial Fixed Assets	895 000	6 000	57 000	139 000
Total Fixed Assets	2 616 000	1 323 000	956 000	559 000
Stock	1 720 000	734 000	1 779 000	1 052 000
Total Investments	0	0	0	0
Cash, Bank	4 930 000	8 787 000	6 091 000	4 427 000
Total Current Assets	13 471 000	15 644 000	14 855 000	11 161 000
Total Assets	16 087 000	16 968 000	15 811 000	11 720 000
Total Equity	8 353 000	6 042 000	4 945 000	5 726 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 019 000	1 500 000	1 000 000	500 000
Creditors	2 122 000	2 514 000	4 367 000	2 581 000
Unpaid Taxes	1 838 000	1 790 000	2 360 000	1 485 000
Dividends	0	2 000 000	3 500 000	0
Other Current Debt	2 341 000	2 119 000	441 000	967 000
Total Current Debt	6 714 000	9 425 000	9 865 000	5 494 000
Total Equity and Debt	16 087 000	16 968 000	15 811 000	11 720 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,67 %	51,26 %	55,01 %	23,54 %
Debt-to-Equity Ratio	0,12	0,25	0,2	0,09
Operating Profit Margin	8,49 %	13,35 %	10,36 %	6,35 %
Current Ratio	2,01	1,66	1,51	2,03
Quick Ratio	2,7	1,8	1,84	2,51
Equity Ratio	0,52	0,36	0,31	0,49
Gross Profit Margin	31,69 %	38,04 %	29,52 %	30,99 %