VÅGSGATEN 20 HOLDING AS

5160 LAKSEVÅG

Finances

Share Ownership

Return on Equity

−31,87 %

Current Ratio

0,04

Debt-to-Equity Ratio

7,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 106 000	2 623 000	3 204 000	3 008 000
Net Income	−1 004 000	−1 276 000	−777 000	−821 000
Total Assets	34 734 000	36 453 000	36 888 000	38 553 000
Total Equity	3 150 000	4 154 000	4 330 000	5 107 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 106 000	2 623 000	3 204 000	3 008 000
Expenditure	3 116 000	3 297 000	3 085 000	2 927 000
Operating Profit	−9 000	−674 000	119 000	80 000
Financial Income	2 000	0	1 000	4 000
Financial Costs	1 280 000	963 000	1 116 000	1 137 000
Financial Balance	−1 278 000	−963 000	−1 115 000	−1 133 000
Earnings Before Tax	−1 286 000	−1 636 000	−997 000	−1 052 000
Tax	−282 000	−360 000	−219 000	−231 000
Net Income	−1 004 000	−1 276 000	−777 000	−821 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 481 000	35 568 000	36 571 000	37 578 000
Total Current Assets	253 000	885 000	317 000	975 000
Total Assets	34 734 000	36 453 000	36 888 000	38 553 000
Total Retained Equity	−1 004 000	0	0	0
Total Equity	3 150 000	4 154 000	4 330 000	5 107 000
Total Long-Term Debt	25 065 000	26 458 000	26 818 000	27 037 000
Total Current Debt	6 519 000	5 842 000	5 740 000	6 409 000
Total Equity and Debt	34 734 000	36 453 000	36 888 000	38 553 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 106 000	2 623 000	3 204 000	3 008 000
Revenue	3 106 000	2 623 000	3 204 000	3 008 000
Cost of Goods Sold	0	0	0	0
Salary Costs	915 000	806 000	799 000	587 000
Depreciation	1 087 000	1 081 000	1 079 000	1 045 000
Impairment	0	0	0	0
Expenditure	3 116 000	3 297 000	3 085 000	2 927 000
Operating Profit	−9 000	−674 000	119 000	80 000
Financial Income	2 000	0	1 000	4 000
Financial Costs	1 280 000	963 000	1 116 000	1 137 000
Financial Balance	−1 278 000	−963 000	−1 115 000	−1 133 000
Dividends	0	0	0	0
Net Income	−1 004 000	−1 276 000	−777 000	−821 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	34 481 000	35 568 000	36 571 000	37 578 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	34 481 000	35 568 000	36 571 000	37 578 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	34 481 000	35 568 000	36 571 000	37 578 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	24 000	543 000	142 000	20 000
Total Current Assets	253 000	885 000	317 000	975 000
Total Assets	34 734 000	36 453 000	36 888 000	38 553 000
Total Equity	3 150 000	4 154 000	4 330 000	5 107 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	25 065 000	26 458 000	26 818 000	27 037 000
Creditors	59 000	120 000	73 000	190 000
Unpaid Taxes	147 000	87 000	78 000	169 000
Dividends	0	0	0	0
Other Current Debt	5 898 000	5 635 000	5 588 000	5 961 000
Total Current Debt	6 519 000	5 842 000	5 740 000	6 409 000
Total Equity and Debt	34 734 000	36 453 000	36 888 000	38 553 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−31,87 %	−30,72 %	−17,94 %	−16,08 %
Debt-to-Equity Ratio	7,96	6,37	6,19	5,29
Operating Profit Margin	−0,29 %	−25,7 %	3,71 %	2,66 %
Current Ratio	0,04	0,15	0,06	0,15
Quick Ratio	0,04	0,15	0,06	0,15
Equity Ratio	0,09	0,11	0,12	0,13
Gross Profit Margin	100 %	100 %	100 %	100 %