VARGSUNDVÆRING AS

9536 KORSFJORDEN

Finances

Share Ownership

Return on Equity

74,52 %

Current Ratio

8,26

Debt-to-Equity Ratio

0,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 742 000	3 236 000	3 401 000	3 766 000
Net Income	3 267 000	99 000	231 000	−63 000
Total Assets	8 159 000	4 348 000	4 483 000	4 509 000
Total Equity	4 384 000	1 117 000	1 017 000	787 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 742 000	3 236 000	3 401 000	3 766 000
Expenditure	4 507 000	2 999 000	2 956 000	3 644 000
Operating Profit	4 235 000	237 000	446 000	122 000
Financial Income	16 000	0	0	1 000
Financial Costs	62 000	110 000	150 000	203 000
Financial Balance	−46 000	−110 000	−150 000	−202 000
Earnings Before Tax	4 188 000	128 000	296 000	−81 000
Tax	921 000	28 000	65 000	−18 000
Net Income	3 267 000	99 000	231 000	−63 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 434 000	3 091 000	3 468 000	3 620 000
Total Current Assets	3 725 000	1 257 000	1 015 000	889 000
Total Assets	8 159 000	4 348 000	4 483 000	4 509 000
Total Retained Equity	3 884 000	617 000	517 000	287 000
Total Equity	4 384 000	1 117 000	1 017 000	787 000
Total Long-Term Debt	3 324 000	2 837 000	3 227 000	3 429 000
Total Current Debt	451 000	394 000	239 000	294 000
Total Equity and Debt	8 159 000	4 348 000	4 483 000	4 509 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 829 000	3 358 000	3 509 000	3 859 000
Other Income	3 913 000	−123 000	−108 000	−93 000
Revenue	8 742 000	3 236 000	3 401 000	3 766 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 213 000	1 479 000	1 566 000	1 683 000
Depreciation	167 000	399 000	377 000	351 000
Impairment	0	0	0	0
Expenditure	4 507 000	2 999 000	2 956 000	3 644 000
Operating Profit	4 235 000	237 000	446 000	122 000
Financial Income	16 000	0	0	1 000
Financial Costs	62 000	110 000	150 000	203 000
Financial Balance	−46 000	−110 000	−150 000	−202 000
Dividends	0	0	0	0
Net Income	3 267 000	99 000	231 000	−63 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 830 000	1 910 000	1 990 000	2 070 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	310 000	159 000	207 000	12 000
Fixtures	41 000	19 000	0	0
Total Tangible Assets	2 604 000	1 181 000	1 478 000	1 550 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 434 000	3 091 000	3 468 000	3 620 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 676 000	1 206 000	1 015 000	889 000
Total Current Assets	3 725 000	1 257 000	1 015 000	889 000
Total Assets	8 159 000	4 348 000	4 483 000	4 509 000
Total Equity	4 384 000	1 117 000	1 017 000	787 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 324 000	2 837 000	3 227 000	3 429 000
Creditors	59 000	153 000	0	4 000
Unpaid Taxes	181 000	176 000	191 000	223 000
Dividends	0	0	0	0
Other Current Debt	77 000	47 000	48 000	67 000
Total Current Debt	451 000	394 000	239 000	294 000
Total Equity and Debt	8 159 000	4 348 000	4 483 000	4 509 000

Financial indicators	2022	2021	2020	2019
Return on Equity	74,52 %	8,86 %	22,71 %	−8,01 %
Debt-to-Equity Ratio	0,76	2,54	3,17	4,36
Operating Profit Margin	48,44 %	7,32 %	13,11 %	3,24 %
Current Ratio	8,26	3,19	4,25	3,02
Quick Ratio	8,26	3,19	4,25	3,02
Equity Ratio	0,54	0,26	0,23	0,17
Gross Profit Margin	100 %	100 %	100 %	100 %