VIDVANGEN AS

7044 TRONDHEIM

Finances

Return on Equity

9,71 %

Current Ratio

17,28

Debt-to-Equity Ratio

0,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	39 000	284 000	64 000
Net Income	355 000	408 000	1 800 000	−19 000
Total Assets	5 759 000	4 988 000	4 927 000	4 022 000
Total Equity	3 655 000	3 300 000	2 891 000	2 008 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	39 000	284 000	64 000
Expenditure	106 000	102 000	145 000	106 000
Operating Profit	−106 000	−62 000	140 000	−42 000
Financial Income	480 000	480 000	1 860 000	200 000
Financial Costs	19 000	10 000	200 000	177 000
Financial Balance	461 000	470 000	1 660 000	23 000
Earnings Before Tax	355 000	408 000	1 800 000	−19 000
Tax	0	0	0	0
Net Income	355 000	408 000	1 800 000	−19 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 328 000	4 743 000	4 608 000	2 918 000
Total Current Assets	432 000	245 000	319 000	1 104 000
Total Assets	5 759 000	4 988 000	4 927 000	4 022 000
Total Retained Equity	3 551 000	3 196 000	2 787 000	1 904 000
Total Equity	3 655 000	3 300 000	2 891 000	2 008 000
Total Long-Term Debt	2 079 000	1 657 000	1 642 000	1 566 000
Total Current Debt	25 000	31 000	393 000	448 000
Total Equity and Debt	5 759 000	4 988 000	4 927 000	4 022 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	39 000	281 000	64 000
Other Income	0	0	4 000	0
Revenue	0	39 000	284 000	64 000
Cost of Goods Sold	0	0	20 000	0
Salary Costs	34 000	42 000	43 000	37 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	106 000	102 000	145 000	106 000
Operating Profit	−106 000	−62 000	140 000	−42 000
Financial Income	480 000	480 000	1 860 000	200 000
Financial Costs	19 000	10 000	200 000	177 000
Financial Balance	461 000	470 000	1 660 000	23 000
Dividends	0	0	0	0
Net Income	355 000	408 000	1 800 000	−19 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	5 328 000	4 743 000	4 608 000	2 918 000
Total Fixed Assets	5 328 000	4 743 000	4 608 000	2 918 000
Stock	0	0	0	0
Total Investments	0	0	0	136 000
Cash, Bank	161 000	22 000	115 000	33 000
Total Current Assets	432 000	245 000	319 000	1 104 000
Total Assets	5 759 000	4 988 000	4 927 000	4 022 000
Total Equity	3 655 000	3 300 000	2 891 000	2 008 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 079 000	1 657 000	1 642 000	1 566 000
Creditors	0	1 000	0	1 000
Unpaid Taxes	−6 000	0	56 000	10 000
Dividends	0	0	0	0
Other Current Debt	31 000	31 000	337 000	437 000
Total Current Debt	25 000	31 000	393 000	448 000
Total Equity and Debt	5 759 000	4 988 000	4 927 000	4 022 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,71 %	12,36 %	62,26 %	−0,95 %
Debt-to-Equity Ratio	0,57	0,5	0,57	0,78
Operating Profit Margin	-	−158,97 %	49,3 %	−65,63 %
Current Ratio	17,28	7,9	0,81	2,46
Quick Ratio	17,28	7,9	0,81	2,46
Equity Ratio	0,63	0,66	0,59	0,5
Gross Profit Margin	-	100 %	92,96 %	100 %