VAVIKBAKKEN AS

4639 KRISTIANSAND S

Finances

Return on Equity

31,69 %

Current Ratio

61,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 250 000	0	0	0
Net Income	3 460 000	1 366 000	554 000	964 000
Total Assets	11 072 000	14 454 000	14 438 000	14 120 000
Total Equity	10 917 000	7 456 000	11 091 000	13 137 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 250 000	0	0	0
Expenditure	172 000	51 000	42 000	64 000
Operating Profit	5 078 000	−51 000	−42 000	−64 000
Financial Income	−1 519 000	1 410 000	600 000	1 029 000
Financial Costs	72 000	0	0	6 000
Financial Balance	−1 591 000	1 410 000	600 000	1 023 000
Earnings Before Tax	3 487 000	1 359 000	558 000	958 000
Tax	27 000	−7 000	5 000	−6 000
Net Income	3 460 000	1 366 000	554 000	964 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 550 000	1 548 000	1 534 000	1 010 000
Total Current Assets	9 522 000	12 906 000	12 904 000	13 111 000
Total Assets	11 072 000	14 454 000	14 438 000	14 120 000
Total Retained Equity	10 802 000	7 341 000	10 976 000	13 022 000
Total Equity	10 917 000	7 456 000	11 091 000	13 137 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	155 000	6 998 000	3 347 000	983 000
Total Equity and Debt	11 072 000	14 454 000	14 438 000	14 120 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	5 250 000	0	0	0
Revenue	5 250 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	172 000	51 000	42 000	64 000
Operating Profit	5 078 000	−51 000	−42 000	−64 000
Financial Income	−1 519 000	1 410 000	600 000	1 029 000
Financial Costs	72 000	0	0	6 000
Financial Balance	−1 591 000	1 410 000	600 000	1 023 000
Dividends	0	0	0	3 000 000
Net Income	3 460 000	1 366 000	554 000	964 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	8 000	1 000	6 000
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	1 550 000	1 540 000	1 533 000	1 004 000
Total Fixed Assets	1 550 000	1 548 000	1 534 000	1 010 000
Stock	0	0	0	0
Total Investments	8 076 000	9 191 000	6 702 000	4 766 000
Cash, Bank	1 446 000	3 715 000	6 202 000	7 828 000
Total Current Assets	9 522 000	12 906 000	12 904 000	13 111 000
Total Assets	11 072 000	14 454 000	14 438 000	14 120 000
Total Equity	10 917 000	7 456 000	11 091 000	13 137 000
Short-Term Group Debt	54 000	4 890 000	3 117 000	904 000
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	3 000 000
Other Current Debt	82 000	2 108 000	230 000	79 000
Total Current Debt	155 000	6 998 000	3 347 000	983 000
Total Equity and Debt	11 072 000	14 454 000	14 438 000	14 120 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,69 %	18,32 %	5 %	7,34 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	96,72 %	-	-	-
Current Ratio	61,43	1,84	3,86	13,34
Quick Ratio	61,43	1,84	3,86	13,34
Equity Ratio	0,99	0,52	0,77	0,93
Gross Profit Margin	100 %	-	-	-