VÅGAR AS

8300 SVOLVÆR

Finances

Return on Equity

−3,76 %

Current Ratio

10,33

Debt-to-Equity Ratio

4,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 966 000	2 190 000	2 595 000	2 995 000
Net Income	−211 000	−245 000	259 000	467 000
Total Assets	31 930 000	32 774 000	28 892 000	29 295 000
Total Equity	5 612 000	5 823 000	6 068 000	5 810 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 966 000	2 190 000	2 595 000	2 995 000
Expenditure	1 424 000	1 819 000	1 672 000	1 806 000
Operating Profit	542 000	370 000	923 000	1 189 000
Financial Income	346 000	275 000	250 000	113 000
Financial Costs	1 158 000	959 000	840 000	686 000
Financial Balance	−812 000	−684 000	−590 000	−573 000
Earnings Before Tax	−271 000	−313 000	333 000	616 000
Tax	−60 000	−68 000	74 000	149 000
Net Income	−211 000	−245 000	259 000	467 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 825 000	31 422 000	27 966 000	28 664 000
Total Current Assets	1 105 000	1 353 000	926 000	631 000
Total Assets	31 930 000	32 774 000	28 892 000	29 295 000
Total Retained Equity	407 000	619 000	864 000	605 000
Total Equity	5 612 000	5 823 000	6 068 000	5 810 000
Total Long-Term Debt	26 211 000	26 924 000	22 591 000	23 094 000
Total Current Debt	107 000	27 000	233 000	391 000
Total Equity and Debt	31 930 000	32 774 000	28 892 000	29 295 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 966 000	2 190 000	2 463 000	2 863 000
Other Income	0	0	132 000	132 000
Revenue	1 966 000	2 190 000	2 595 000	2 995 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	908 000	811 000	854 000	850 000
Impairment	0	0	0	0
Expenditure	1 424 000	1 819 000	1 672 000	1 806 000
Operating Profit	542 000	370 000	923 000	1 189 000
Financial Income	346 000	275 000	250 000	113 000
Financial Costs	1 158 000	959 000	840 000	686 000
Financial Balance	−812 000	−684 000	−590 000	−573 000
Dividends	0	0	0	0
Net Income	−211 000	−245 000	259 000	467 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	22 464 000	23 459 000	21 815 000	22 855 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	221 000	237 000	0	0
Total Tangible Assets	22 685 000	23 696 000	21 815 000	22 855 000
Total Fiancial Fixed Assets	8 140 000	7 726 000	6 151 000	5 809 000
Total Fixed Assets	30 825 000	31 422 000	27 966 000	28 664 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	937 000	1 194 000	932 000	631 000
Total Current Assets	1 105 000	1 353 000	926 000	631 000
Total Assets	31 930 000	32 774 000	28 892 000	29 295 000
Total Equity	5 612 000	5 823 000	6 068 000	5 810 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	26 211 000	26 924 000	22 591 000	23 094 000
Creditors	25 000	25 000	225 000	100 000
Unpaid Taxes	0	0	−187 000	45 000
Dividends	0	0	0	0
Other Current Debt	82 000	3 000	36 000	20 000
Total Current Debt	107 000	27 000	233 000	391 000
Total Equity and Debt	31 930 000	32 774 000	28 892 000	29 295 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,76 %	−4,21 %	4,27 %	8,04 %
Debt-to-Equity Ratio	4,67	4,62	3,72	3,97
Operating Profit Margin	27,57 %	16,89 %	35,57 %	39,7 %
Current Ratio	10,33	50,11	3,97	1,61
Quick Ratio	10,33	50,11	3,97	1,61
Equity Ratio	0,18	0,18	0,21	0,2
Gross Profit Margin	100 %	100 %	100 %	100 %