VANGEN HOLDING AS

6230 SYKKYLVEN

Finances

Return on Equity

7,57 %

Current Ratio

2,22

Debt-to-Equity Ratio

0,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	107 545 000	109 657 000	107 554 000	89 779 000
Net Income	1 856 000	1 862 000	2 808 000	2 148 000
Total Assets	44 414 000	43 479 000	43 569 000	40 673 000
Total Equity	24 521 000	22 675 000	21 803 000	18 995 000

Income (NOK)	2022	2021	2020	2019
Revenue	107 545 000	109 657 000	107 554 000	89 779 000
Expenditure	104 543 000	106 834 000	103 348 000	86 253 000
Operating Profit	3 002 000	2 823 000	4 205 000	3 526 000
Financial Income	21 000	23 000	21 000	14 000
Financial Costs	604 000	461 000	637 000	791 000
Financial Balance	−583 000	−438 000	−616 000	−777 000
Earnings Before Tax	2 419 000	2 385 000	3 589 000	2 749 000
Tax	563 000	523 000	781 000	601 000
Net Income	1 856 000	1 862 000	2 808 000	2 148 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 806 000	27 136 000	26 926 000	27 553 000
Total Current Assets	17 608 000	16 343 000	16 644 000	13 120 000
Total Assets	44 414 000	43 479 000	43 569 000	40 673 000
Total Retained Equity	24 421 000	22 575 000	21 703 000	18 895 000
Total Equity	24 521 000	22 675 000	21 803 000	18 995 000
Total Long-Term Debt	11 961 000	13 445 000	15 037 000	16 221 000
Total Current Debt	7 932 000	7 359 000	6 729 000	5 457 000
Total Equity and Debt	44 414 000	43 479 000	43 569 000	40 673 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	102 026 000	104 014 000	102 757 000	87 093 000
Other Income	5 519 000	5 643 000	4 797 000	2 686 000
Revenue	107 545 000	109 657 000	107 554 000	89 779 000
Cost of Goods Sold	82 636 000	84 963 000	83 005 000	67 969 000
Salary Costs	7 093 000	6 712 000	6 141 000	5 594 000
Depreciation	1 526 000	1 451 000	1 341 000	1 160 000
Impairment	0	0	12 861 000	0
Expenditure	104 543 000	106 834 000	103 348 000	86 253 000
Operating Profit	3 002 000	2 823 000	4 205 000	3 526 000
Financial Income	21 000	23 000	21 000	14 000
Financial Costs	604 000	461 000	637 000	791 000
Financial Balance	−583 000	−438 000	−616 000	−777 000
Dividends	0	0	0	0
Net Income	1 856 000	1 862 000	2 808 000	2 148 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	24 857 000	25 167 000	25 150 000	25 870 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 736 000	1 755 000	1 606 000	1 513 000
Total Tangible Assets	26 592 000	26 922 000	26 756 000	27 383 000
Total Fiancial Fixed Assets	213 000	213 000	170 000	170 000
Total Fixed Assets	26 806 000	27 136 000	26 926 000	27 553 000
Stock	5 624 000	5 324 000	3 985 000	4 007 000
Total Investments	0	0	0	0
Cash, Bank	7 117 000	5 602 000	7 909 000	4 743 000
Total Current Assets	17 608 000	16 343 000	16 644 000	13 120 000
Total Assets	44 414 000	43 479 000	43 569 000	40 673 000
Total Equity	24 521 000	22 675 000	21 803 000	18 995 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 961 000	13 445 000	15 037 000	16 221 000
Creditors	4 515 000	3 526 000	3 806 000	3 072 000
Unpaid Taxes	450 000	455 000	491 000	450 000
Dividends	0	0	0	0
Other Current Debt	2 405 000	2 807 000	1 613 000	1 369 000
Total Current Debt	7 932 000	7 359 000	6 729 000	5 457 000
Total Equity and Debt	44 414 000	43 479 000	43 569 000	40 673 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,57 %	8,21 %	12,88 %	11,31 %
Debt-to-Equity Ratio	0,49	0,59	0,69	0,85
Operating Profit Margin	2,79 %	2,57 %	3,91 %	3,93 %
Current Ratio	2,22	2,22	2,47	2,4
Quick Ratio	7,63	8,03	6,07	9,05
Equity Ratio	0,55	0,52	0,5	0,47
Gross Profit Margin	23,16 %	22,52 %	22,82 %	24,29 %