VANNKANTEN BADELAND AS

5171 LODDEFJORD

Finances

Share Ownership

Return on Equity

−21,46 %

Current Ratio

1,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 012 000	21 490 000	18 111 000	23 501 000
Net Income	−674 000	−77 000	−585 000	35 000
Total Assets	9 418 000	8 058 000	6 291 000	7 331 000
Total Equity	3 140 000	3 034 000	3 033 000	3 064 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 012 000	21 490 000	18 111 000	23 501 000
Expenditure	29 910 000	21 602 000	18 880 000	23 409 000
Operating Profit	−897 000	−111 000	−768 000	92 000
Financial Income	44 000	13 000	21 000	32 000
Financial Costs	8 000	0	2 000	69 000
Financial Balance	36 000	13 000	19 000	−37 000
Earnings Before Tax	−862 000	−99 000	−749 000	56 000
Tax	−188 000	−22 000	−164 000	21 000
Net Income	−674 000	−77 000	−585 000	35 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	394 000	347 000	505 000	514 000
Total Current Assets	9 024 000	7 711 000	5 786 000	6 817 000
Total Assets	9 418 000	8 058 000	6 291 000	7 331 000
Total Retained Equity	35 000	35 000	35 000	35 000
Total Equity	3 140 000	3 034 000	3 033 000	3 064 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 278 000	5 023 000	3 258 000	4 267 000
Total Equity and Debt	9 418 000	8 058 000	6 291 000	7 331 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 876 000	2 019 000	1 566 000	2 592 000
Other Income	26 136 000	19 471 000	16 545 000	20 909 000
Revenue	29 012 000	21 490 000	18 111 000	23 501 000
Cost of Goods Sold	1 445 000	1 027 000	735 000	1 169 000
Salary Costs	11 721 000	9 720 000	8 887 000	11 871 000
Depreciation	111 000	162 000	162 000	151 000
Impairment	0	0	0	0
Expenditure	29 910 000	21 602 000	18 880 000	23 409 000
Operating Profit	−897 000	−111 000	−768 000	92 000
Financial Income	44 000	13 000	21 000	32 000
Financial Costs	8 000	0	2 000	69 000
Financial Balance	36 000	13 000	19 000	−37 000
Dividends	0	0	0	0
Net Income	−674 000	−77 000	−585 000	35 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	51 000	58 000	55 000	59 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	343 000	289 000	451 000	455 000
Total Tangible Assets	343 000	289 000	451 000	455 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	394 000	347 000	505 000	514 000
Stock	95 000	138 000	179 000	215 000
Total Investments	0	0	0	0
Cash, Bank	4 950 000	5 099 000	2 184 000	4 966 000
Total Current Assets	9 024 000	7 711 000	5 786 000	6 817 000
Total Assets	9 418 000	8 058 000	6 291 000	7 331 000
Total Equity	3 140 000	3 034 000	3 033 000	3 064 000
Short-Term Group Debt	2 540 000	1 800 000	1 032 000	320 000
Total Long-Term Debt	0	0	0	0
Creditors	684 000	483 000	260 000	869 000
Unpaid Taxes	1 297 000	1 090 000	698 000	1 151 000
Dividends	0	0	0	0
Other Current Debt	1 730 000	1 647 000	1 268 000	1 918 000
Total Current Debt	6 278 000	5 023 000	3 258 000	4 267 000
Total Equity and Debt	9 418 000	8 058 000	6 291 000	7 331 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−21,46 %	−2,54 %	−19,29 %	1,14 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−3,09 %	−0,52 %	−4,24 %	0,39 %
Current Ratio	1,44	1,54	1,78	1,6
Quick Ratio	1,46	1,58	1,88	1,68
Equity Ratio	0,33	0,38	0,48	0,42
Gross Profit Margin	95,02 %	95,22 %	95,94 %	95,03 %