VAAGER INNOVASJON AS

2830 RAUFOSS

Finances

Return on Equity

24,49 %

Current Ratio

2,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 187 000	9 804 000	7 849 000	7 646 000
Net Income	1 127 000	−20 000	12 000	−74 000
Total Assets	6 835 000	6 956 000	4 726 000	4 586 000
Total Equity	4 602 000	3 475 000	3 395 000	3 383 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 187 000	9 804 000	7 849 000	7 646 000
Expenditure	12 056 000	9 885 000	7 907 000	7 722 000
Operating Profit	1 130 000	−80 000	−57 000	−75 000
Financial Income	1 000	76 000	102 000	4 000
Financial Costs	4 000	16 000	32 000	3 000
Financial Balance	−3 000	60 000	70 000	1 000
Earnings Before Tax	1 127 000	−20 000	12 000	−74 000
Tax	0	0	0	0
Net Income	1 127 000	−20 000	12 000	−74 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	718 000	852 000	705 000	548 000
Total Current Assets	6 117 000	6 104 000	4 020 000	4 038 000
Total Assets	6 835 000	6 956 000	4 726 000	4 586 000
Total Retained Equity	3 607 000	2 480 000	2 500 000	2 487 000
Total Equity	4 602 000	3 475 000	3 395 000	3 383 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 232 000	3 481 000	1 331 000	1 203 000
Total Equity and Debt	6 835 000	6 956 000	4 726 000	4 586 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 187 000	9 804 000	7 792 000	7 646 000
Other Income	0	0	57 000	0
Revenue	13 187 000	9 804 000	7 849 000	7 646 000
Cost of Goods Sold	1 811 000	419 000	60 000	30 000
Salary Costs	7 293 000	7 222 000	5 531 000	5 776 000
Depreciation	134 000	68 000	68 000	47 000
Impairment	0	0	0	0
Expenditure	12 056 000	9 885 000	7 907 000	7 722 000
Operating Profit	1 130 000	−80 000	−57 000	−75 000
Financial Income	1 000	76 000	102 000	4 000
Financial Costs	4 000	16 000	32 000	3 000
Financial Balance	−3 000	60 000	70 000	1 000
Dividends	0	0	0	0
Net Income	1 127 000	−20 000	12 000	−74 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	137 000	205 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	87 000	153 000	160 000	228 000
Total Tangible Assets	87 000	153 000	160 000	228 000
Total Fiancial Fixed Assets	495 000	495 000	545 000	320 000
Total Fixed Assets	718 000	852 000	705 000	548 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 228 000	2 343 000	634 000	964 000
Total Current Assets	6 117 000	6 104 000	4 020 000	4 038 000
Total Assets	6 835 000	6 956 000	4 726 000	4 586 000
Total Equity	4 602 000	3 475 000	3 395 000	3 383 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	897 000	858 000	296 000	401 000
Unpaid Taxes	531 000	507 000	552 000	360 000
Dividends	0	0	0	0
Other Current Debt	804 000	2 117 000	482 000	442 000
Total Current Debt	2 232 000	3 481 000	1 331 000	1 203 000
Total Equity and Debt	6 835 000	6 956 000	4 726 000	4 586 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,49 %	−0,58 %	0,35 %	−2,19 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,57 %	−0,82 %	−0,73 %	−0,98 %
Current Ratio	2,74	1,75	3,02	3,36
Quick Ratio	2,74	1,75	3,02	3,36
Equity Ratio	0,67	0,5	0,72	0,74
Gross Profit Margin	86,27 %	95,73 %	99,24 %	99,61 %