VASSHAUGEN INVEST AS

6005 ÅLESUND

Finances

Return on Equity

5,21 %

Current Ratio

2 348,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 799 000	2 699 000	2 656 000	2 619 000
Net Income	817 000	−3 370 000	−169 000	670 000
Total Assets	15 673 000	14 860 000	18 231 000	18 391 000
Total Equity	15 668 000	14 851 000	18 221 000	18 390 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 799 000	2 699 000	2 656 000	2 619 000
Expenditure	945 000	1 824 000	2 713 000	1 827 000
Operating Profit	1 855 000	875 000	−57 000	792 000
Financial Income	282 000	128 000	83 000	136 000
Financial Costs	828 000	4 156 000	242 000	69 000
Financial Balance	−546 000	−4 028 000	−159 000	67 000
Earnings Before Tax	1 309 000	−3 153 000	−216 000	859 000
Tax	492 000	217 000	−48 000	189 000
Net Income	817 000	−3 370 000	−169 000	670 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 930 000	4 803 000	9 795 000	9 721 000
Total Current Assets	11 743 000	10 057 000	8 436 000	8 670 000
Total Assets	15 673 000	14 860 000	18 231 000	18 391 000
Total Retained Equity	7 376 000	6 559 000	9 929 000	10 097 000
Total Equity	15 668 000	14 851 000	18 221 000	18 390 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 000	9 000	10 000	1 000
Total Equity and Debt	15 673 000	14 860 000	18 231 000	18 391 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 799 000	2 699 000	0	0
Other Income	0	0	2 656 000	2 619 000
Revenue	2 799 000	2 699 000	2 656 000	2 619 000
Cost of Goods Sold	0	0	0	0
Salary Costs	171 000	200 000	248 000	57 000
Depreciation	86 000	889 000	942 000	1 035 000
Impairment	0	0	0	0
Expenditure	945 000	1 824 000	2 713 000	1 827 000
Operating Profit	1 855 000	875 000	−57 000	792 000
Financial Income	282 000	128 000	83 000	136 000
Financial Costs	828 000	4 156 000	242 000	69 000
Financial Balance	−546 000	−4 028 000	−159 000	67 000
Dividends	0	0	0	0
Net Income	817 000	−3 370 000	−169 000	670 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 845 000	2 338 000	2 555 000	2 507 000
Real Eastate	1 776 000	1 399 000	2 289 000	3 231 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 776 000	1 399 000	2 289 000	3 231 000
Total Fiancial Fixed Assets	309 000	1 066 000	4 951 000	3 983 000
Total Fixed Assets	3 930 000	4 803 000	9 795 000	9 721 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	11 731 000	10 046 000	8 406 000	7 152 000
Total Current Assets	11 743 000	10 057 000	8 436 000	8 670 000
Total Assets	15 673 000	14 860 000	18 231 000	18 391 000
Total Equity	15 668 000	14 851 000	18 221 000	18 390 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 000	9 000	10 000	1 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	5 000	9 000	10 000	1 000
Total Equity and Debt	15 673 000	14 860 000	18 231 000	18 391 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,21 %	−22,69 %	−0,93 %	3,64 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	66,27 %	32,42 %	−2,15 %	30,24 %
Current Ratio	2 348,6	1 117,44	843,6	8 670
Quick Ratio	2 348,6	1 117,44	843,6	8 670
Equity Ratio	1	1	1	1
Gross Profit Margin	100 %	100 %	100 %	100 %