VEGA SAILING AS

3477 BÅTSTØ

Finances

Share Ownership

Return on Equity

13,13 %

Current Ratio

1,63

Debt-to-Equity Ratio

0,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 660 000	4 003 000	2 596 000	4 582 000
Net Income	284 000	713 000	336 000	−36 000
Total Assets	4 018 000	2 585 000	1 743 000	1 575 000
Total Equity	2 163 000	1 879 000	1 237 000	971 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 660 000	4 003 000	2 596 000	4 582 000
Expenditure	4 266 000	3 086 000	2 159 000	4 619 000
Operating Profit	393 000	918 000	438 000	−36 000
Financial Income	1 000	0	1 000	2 000
Financial Costs	30 000	4 000	9 000	12 000
Financial Balance	−29 000	−4 000	−8 000	−10 000
Earnings Before Tax	364 000	914 000	430 000	−46 000
Tax	80 000	201 000	95 000	−10 000
Net Income	284 000	713 000	336 000	−36 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 494 000	1 200 000	495 000	369 000
Total Current Assets	1 524 000	1 386 000	1 248 000	1 205 000
Total Assets	4 018 000	2 585 000	1 743 000	1 575 000
Total Retained Equity	2 063 000	1 779 000	1 137 000	871 000
Total Equity	2 163 000	1 879 000	1 237 000	971 000
Total Long-Term Debt	919 000	65 000	131 000	137 000
Total Current Debt	935 000	640 000	375 000	466 000
Total Equity and Debt	4 018 000	2 585 000	1 743 000	1 575 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	2 702 000	1 924 000	4 582 000
Other Income	4 660 000	1 301 000	672 000	0
Revenue	4 660 000	4 003 000	2 596 000	4 582 000
Cost of Goods Sold	818 000	394 000	280 000	600 000
Salary Costs	1 085 000	855 000	813 000	1 920 000
Depreciation	143 000	117 000	74 000	84 000
Impairment	0	0	0	0
Expenditure	4 266 000	3 086 000	2 159 000	4 619 000
Operating Profit	393 000	918 000	438 000	−36 000
Financial Income	1 000	0	1 000	2 000
Financial Costs	30 000	4 000	9 000	12 000
Financial Balance	−29 000	−4 000	−8 000	−10 000
Dividends	0	0	0	0
Net Income	284 000	713 000	336 000	−36 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 918 000	580 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	318 000	325 000	161 000	146 000
Total Tangible Assets	2 494 000	1 200 000	495 000	369 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 494 000	1 200 000	495 000	369 000
Stock	18 000	43 000	23 000	14 000
Total Investments	0	0	0	0
Cash, Bank	1 343 000	1 202 000	1 145 000	820 000
Total Current Assets	1 524 000	1 386 000	1 248 000	1 205 000
Total Assets	4 018 000	2 585 000	1 743 000	1 575 000
Total Equity	2 163 000	1 879 000	1 237 000	971 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	919 000	65 000	131 000	137 000
Creditors	244 000	286 000	46 000	71 000
Unpaid Taxes	52 000	3 000	41 000	202 000
Dividends	0	0	0	0
Other Current Debt	561 000	165 000	266 000	173 000
Total Current Debt	935 000	640 000	375 000	466 000
Total Equity and Debt	4 018 000	2 585 000	1 743 000	1 575 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,13 %	37,95 %	27,16 %	−3,71 %
Debt-to-Equity Ratio	0,42	0,03	0,11	0,14
Operating Profit Margin	8,43 %	22,93 %	16,87 %	−0,79 %
Current Ratio	1,63	2,17	3,33	2,59
Quick Ratio	1,66	2,32	3,55	2,67
Equity Ratio	0,54	0,73	0,71	0,62
Gross Profit Margin	82,45 %	90,16 %	89,21 %	86,91 %