VRAGVIGA INVEST AS

4790 LILLESAND

Finances

Share Ownership

Return on Equity

−65,03 %

Current Ratio

0,48

Debt-to-Equity Ratio

4,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	360 000	586 000	226 000	209 000
Net Income	−225 000	11 000	−425 000	−286 000
Total Assets	3 579 000	3 525 000	2 640 000	3 027 000
Total Equity	346 000	116 000	106 000	530 000

Income (NOK)	2022	2021	2020	2019
Revenue	360 000	586 000	226 000	209 000
Expenditure	380 000	378 000	447 000	323 000
Operating Profit	−21 000	207 000	−222 000	−114 000
Financial Income	0	0	0	0
Financial Costs	192 000	188 000	203 000	172 000
Financial Balance	−192 000	−188 000	−203 000	−172 000
Earnings Before Tax	−213 000	19 000	−425 000	−286 000
Tax	13 000	9 000	0	0
Net Income	−225 000	11 000	−425 000	−286 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 857 000	3 107 000	2 558 000	2 808 000
Total Current Assets	722 000	418 000	82 000	219 000
Total Assets	3 579 000	3 525 000	2 640 000	3 027 000
Total Retained Equity	0	−480 000	−490 000	−66 000
Total Equity	346 000	116 000	106 000	530 000
Total Long-Term Debt	1 714 000	1 874 000	2 034 000	2 211 000
Total Current Debt	1 518 000	1 534 000	500 000	286 000
Total Equity and Debt	3 579 000	3 525 000	2 640 000	3 027 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	226 000	209 000
Other Income	360 000	586 000	0	0
Revenue	360 000	586 000	226 000	209 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	250 000	250 000	250 000	250 000
Impairment	0	0	0	0
Expenditure	380 000	378 000	447 000	323 000
Operating Profit	−21 000	207 000	−222 000	−114 000
Financial Income	0	0	0	0
Financial Costs	192 000	188 000	203 000	172 000
Financial Balance	−192 000	−188 000	−203 000	−172 000
Dividends	0	0	0	0
Net Income	−225 000	11 000	−425 000	−286 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 857 000	3 107 000	2 558 000	2 808 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 857 000	3 107 000	2 558 000	2 808 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 857 000	3 107 000	2 558 000	2 808 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	17 000	17 000	16 000	2 000
Total Current Assets	722 000	418 000	82 000	219 000
Total Assets	3 579 000	3 525 000	2 640 000	3 027 000
Total Equity	346 000	116 000	106 000	530 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 714 000	1 874 000	2 034 000	2 211 000
Creditors	58 000	0	0	9 000
Unpaid Taxes	46 000	−110 000	−6 000	2 000
Dividends	0	0	0	0
Other Current Debt	1 414 000	1 635 000	506 000	274 000
Total Current Debt	1 518 000	1 534 000	500 000	286 000
Total Equity and Debt	3 579 000	3 525 000	2 640 000	3 027 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−65,03 %	9,48 %	−400,94 %	−53,96 %
Debt-to-Equity Ratio	4,95	16,16	19,19	4,17
Operating Profit Margin	−5,83 %	35,32 %	−98,23 %	−54,55 %
Current Ratio	0,48	0,27	0,16	0,77
Quick Ratio	0,48	0,27	0,16	0,77
Equity Ratio	0,1	0,03	0,04	0,18
Gross Profit Margin	100 %	100 %	100 %	100 %