STIFTELSEN VIGSNES GRUBEOMRÅDE

4262 AVALDSNES

Finances

Share Ownership

Return on Equity

−22,72 %

Current Ratio

2,85

Debt-to-Equity Ratio

0,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 170 000	819 000	607 000	709 000
Net Income	−417 000	2 000	−35 000	−32 000
Total Assets	3 275 000	2 663 000	2 343 000	2 361 000
Total Equity	1 835 000	2 252 000	2 249 000	2 284 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 170 000	819 000	607 000	709 000
Expenditure	2 582 000	817 000	642 000	742 000
Operating Profit	−412 000	2 000	−34 000	−32 000
Financial Income	0	0	0	0
Financial Costs	5 000	0	1 000	0
Financial Balance	−5 000	0	−1 000	0
Earnings Before Tax	−417 000	2 000	−35 000	−32 000
Tax	0	0	0	0
Net Income	−417 000	2 000	−35 000	−32 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 450 000	1 471 000	1 491 000	1 512 000
Total Current Assets	1 825 000	1 193 000	852 000	849 000
Total Assets	3 275 000	2 663 000	2 343 000	2 361 000
Total Retained Equity	−365 000	52 000	49 000	84 000
Total Equity	1 835 000	2 252 000	2 249 000	2 284 000
Total Long-Term Debt	800 000	0	0	0
Total Current Debt	640 000	412 000	94 000	77 000
Total Equity and Debt	3 275 000	2 663 000	2 343 000	2 361 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	259 000	186 000	124 000	121 000
Other Income	1 911 000	633 000	483 000	588 000
Revenue	2 170 000	819 000	607 000	709 000
Cost of Goods Sold	83 000	33 000	14 000	8 000
Salary Costs	0	0	167 000	50 000
Depreciation	21 000	21 000	21 000	21 000
Impairment	0	0	0	0
Expenditure	2 582 000	817 000	642 000	742 000
Operating Profit	−412 000	2 000	−34 000	−32 000
Financial Income	0	0	0	0
Financial Costs	5 000	0	1 000	0
Financial Balance	−5 000	0	−1 000	0
Dividends	0	0	0	0
Net Income	−417 000	2 000	−35 000	−32 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 450 000	1 471 000	1 491 000	1 512 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 450 000	1 471 000	1 491 000	1 512 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 450 000	1 471 000	1 491 000	1 512 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 160 000	900 000	731 000	724 000
Total Current Assets	1 825 000	1 193 000	852 000	849 000
Total Assets	3 275 000	2 663 000	2 343 000	2 361 000
Total Equity	1 835 000	2 252 000	2 249 000	2 284 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	800 000	0	0	0
Creditors	638 000	12 000	94 000	77 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 000	400 000	0	0
Total Current Debt	640 000	412 000	94 000	77 000
Total Equity and Debt	3 275 000	2 663 000	2 343 000	2 361 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−22,72 %	0,09 %	−1,56 %	−1,4 %
Debt-to-Equity Ratio	0,44	0	0	0
Operating Profit Margin	−18,99 %	0,24 %	−5,6 %	−4,51 %
Current Ratio	2,85	2,9	9,06	11,03
Quick Ratio	2,85	2,9	9,06	11,03
Equity Ratio	0,56	0,85	0,96	0,97
Gross Profit Margin	96,18 %	95,97 %	97,69 %	98,87 %