VÅGEN SEAFOOD AS

5357 FJELL

Finances

Return on Equity

103,1 %

Current Ratio

1,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	180 681 000	139 764 000	125 120 000	142 649 000
Net Income	8 553 000	3 313 000	4 629 000	6 317 000
Total Assets	30 817 000	28 446 000	22 063 000	24 657 000
Total Equity	8 296 000	7 743 000	7 429 000	9 801 000

Income (NOK)	2022	2021	2020	2019
Revenue	180 681 000	139 764 000	125 120 000	142 649 000
Expenditure	169 776 000	135 522 000	119 202 000	134 585 000
Operating Profit	10 905 000	4 242 000	5 918 000	8 065 000
Financial Income	61 000	6 000	22 000	37 000
Financial Costs	0	0	5 000	2 000
Financial Balance	61 000	6 000	17 000	35 000
Earnings Before Tax	10 966 000	4 248 000	5 935 000	8 100 000
Tax	2 413 000	935 000	1 307 000	1 782 000
Net Income	8 553 000	3 313 000	4 629 000	6 317 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	922 000	1 044 000	1 031 000	916 000
Total Current Assets	29 895 000	27 402 000	21 032 000	23 741 000
Total Assets	30 817 000	28 446 000	22 063 000	24 657 000
Total Retained Equity	8 056 000	7 503 000	7 189 000	9 561 000
Total Equity	8 296 000	7 743 000	7 429 000	9 801 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	22 521 000	20 703 000	14 634 000	14 857 000
Total Equity and Debt	30 817 000	28 446 000	22 063 000	24 657 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	180 681 000	139 764 000	125 120 000	142 649 000
Other Income	0	0	0	0
Revenue	180 681 000	139 764 000	125 120 000	142 649 000
Cost of Goods Sold	157 172 000	124 144 000	107 521 000	122 185 000
Salary Costs	8 032 000	7 060 000	7 296 000	7 380 000
Depreciation	112 000	114 000	150 000	214 000
Impairment	0	0	0	0
Expenditure	169 776 000	135 522 000	119 202 000	134 585 000
Operating Profit	10 905 000	4 242 000	5 918 000	8 065 000
Financial Income	61 000	6 000	22 000	37 000
Financial Costs	0	0	5 000	2 000
Financial Balance	61 000	6 000	17 000	35 000
Dividends	8 000 000	3 000 000	7 000 000	6 000 000
Net Income	8 553 000	3 313 000	4 629 000	6 317 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	293 000	301 000	315 000	329 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	192 000	275 000	365 000	427 000
Fixtures	116 000	145 000	168 000	158 000
Total Tangible Assets	307 000	420 000	533 000	585 000
Total Fiancial Fixed Assets	322 000	323 000	182 000	2 000
Total Fixed Assets	922 000	1 044 000	1 031 000	916 000
Stock	1 240 000	1 130 000	1 250 000	1 227 000
Total Investments	2 929 000	2 949 000	2 971 000	2 993 000
Cash, Bank	9 671 000	7 263 000	6 377 000	5 558 000
Total Current Assets	29 895 000	27 402 000	21 032 000	23 741 000
Total Assets	30 817 000	28 446 000	22 063 000	24 657 000
Total Equity	8 296 000	7 743 000	7 429 000	9 801 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	14 631 000	15 608 000	10 371 000	12 205 000
Unpaid Taxes	841 000	679 000	463 000	382 000
Dividends	8 000 000	3 000 000	7 000 000	6 000 000
Other Current Debt	645 000	3 496 000	507 000	490 000
Total Current Debt	22 521 000	20 703 000	14 634 000	14 857 000
Total Equity and Debt	30 817 000	28 446 000	22 063 000	24 657 000

Financial indicators	2022	2021	2020	2019
Return on Equity	103,1 %	42,79 %	62,31 %	64,45 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,04 %	3,04 %	4,73 %	5,65 %
Current Ratio	1,33	1,32	1,44	1,6
Quick Ratio	1,4	1,4	1,57	1,74
Equity Ratio	0,27	0,27	0,34	0,4
Gross Profit Margin	13,01 %	11,18 %	14,07 %	14,35 %