VÅGÅFJELL TURLØYPER SA

2680 VÅGÅ

Finances

Share Ownership

Return on Equity

8,43 %

Current Ratio

0,75

Debt-to-Equity Ratio

2,27

Key figures (NOK)	2016	2015	2014	2013
Revenue	1 187 000	978 000	1 214 000	1 213 000
Net Income	36 000	12 000	−52 000	−4 000
Total Assets	1 610 000	1 929 000	931 000	1 438 000
Total Equity	427 000	391 000	379 000	431 000

Income (NOK)	2016	2015	2014	2013
Revenue	1 187 000	978 000	1 214 000	1 213 000
Expenditure	1 109 000	950 000	1 248 000	1 192 000
Operating Profit	78 000	28 000	−34 000	20 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	43 000	17 000	19 000	25 000
Financial Balance	−42 000	−16 000	−18 000	−24 000
Earnings Before Tax	36 000	12 000	−52 000	−4 000
Tax	0	0	0	0
Net Income	36 000	12 000	−52 000	−4 000

Balance (NOK)	2016	2015	2014	2013
Total Fixed Assets	1 450 000	1 815 000	738 000	897 000
Total Current Assets	160 000	114 000	193 000	541 000
Total Assets	1 610 000	1 929 000	931 000	1 438 000
Total Retained Equity	389 000	353 000	341 000	393 000
Total Equity	427 000	391 000	379 000	431 000
Total Long-Term Debt	969 000	1 358 000	383 000	519 000
Total Current Debt	214 000	180 000	168 000	488 000
Total Equity and Debt	1 610 000	1 929 000	931 000	1 438 000

Cash flow (NOK)	2016	2015	2014	2013
Sales Income	965 000	582 000	968 000	138 000
Other Income	223 000	396 000	247 000	1 075 000
Revenue	1 187 000	978 000	1 214 000	1 213 000
Cost of Goods Sold	166 000	253 000	465 000	165 000
Salary Costs	312 000	277 000	296 000	165 000
Depreciation	365 000	170 000	160 000	174 000
Impairment	0	0	0	0
Expenditure	1 109 000	950 000	1 248 000	1 192 000
Operating Profit	78 000	28 000	−34 000	20 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	43 000	17 000	19 000	25 000
Financial Balance	−42 000	−16 000	−18 000	−24 000
Dividends	0	0	0	0
Net Income	36 000	12 000	−52 000	−4 000

Balance details (NOK)	2016	2015	2014	2013
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 450 000	1 815 000	738 000	897 000
Fixtures	0	0	0	0
Total Tangible Assets	1 450 000	1 815 000	738 000	897 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 450 000	1 815 000	738 000	897 000
Stock	10 000	10 000	10 000	10 000
Total Investments	0	0	0	0
Cash, Bank	112 000	39 000	99 000	398 000
Total Current Assets	160 000	114 000	193 000	541 000
Total Assets	1 610 000	1 929 000	931 000	1 438 000
Total Equity	427 000	391 000	379 000	431 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	969 000	1 358 000	383 000	519 000
Creditors	85 000	55 000	16 000	53 000
Unpaid Taxes	20 000	12 000	27 000	23 000
Dividends	0	0	0	0
Other Current Debt	109 000	112 000	125 000	411 000
Total Current Debt	214 000	180 000	168 000	488 000
Total Equity and Debt	1 610 000	1 929 000	931 000	1 438 000

Financial indicators	2016	2015	2014	2013
Return on Equity	8,43 %	3,07 %	−13,72 %	−0,93 %
Debt-to-Equity Ratio	2,27	3,47	1,01	1,2
Operating Profit Margin	6,57 %	2,86 %	−2,8 %	1,65 %
Current Ratio	0,75	0,63	1,15	1,11
Quick Ratio	0,78	0,67	1,22	1,13
Equity Ratio	0,27	0,2	0,41	0,3
Gross Profit Margin	86,02 %	74,13 %	61,7 %	86,4 %