VÅGAFISK AS

8300 SVOLVÆR

Finances

Share Ownership

Return on Equity

2,35 %

Current Ratio

8,46

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	883 000	562 000	950 000	918 000
Net Income	33 000	−90 000	76 000	160 000
Total Assets	1 484 000	1 429 000	1 702 000	1 614 000
Total Equity	1 404 000	1 370 000	1 461 000	1 385 000

Income (NOK)	2022	2021	2020	2019
Revenue	883 000	562 000	950 000	918 000
Expenditure	843 000	680 000	854 000	716 000
Operating Profit	41 000	−118 000	96 000	202 000
Financial Income	2 000	2 000	2 000	3 000
Financial Costs	0	0	0	0
Financial Balance	2 000	2 000	2 000	3 000
Earnings Before Tax	43 000	−116 000	97 000	205 000
Tax	9 000	−26 000	21 000	45 000
Net Income	33 000	−90 000	76 000	160 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	800 000	928 000	1 074 000	1 219 000
Total Current Assets	685 000	501 000	628 000	395 000
Total Assets	1 484 000	1 429 000	1 702 000	1 614 000
Total Retained Equity	1 295 000	1 261 000	1 352 000	1 276 000
Total Equity	1 404 000	1 370 000	1 461 000	1 385 000
Total Long-Term Debt	0	11 000	38 000	62 000
Total Current Debt	81 000	48 000	203 000	167 000
Total Equity and Debt	1 484 000	1 429 000	1 702 000	1 614 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	883 000	562 000	930 000	918 000
Other Income	0	0	20 000	0
Revenue	883 000	562 000	950 000	918 000
Cost of Goods Sold	0	0	0	0
Salary Costs	219 000	27 000	99 000	60 000
Depreciation	146 000	146 000	145 000	145 000
Impairment	0	0	0	0
Expenditure	843 000	680 000	854 000	716 000
Operating Profit	41 000	−118 000	96 000	202 000
Financial Income	2 000	2 000	2 000	3 000
Financial Costs	0	0	0	0
Financial Balance	2 000	2 000	2 000	3 000
Dividends	0	0	0	0
Net Income	33 000	−90 000	76 000	160 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	717 000	700 000	700 000	700 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	83 000	228 000	374 000	519 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	800 000	928 000	1 074 000	1 219 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	657 000	414 000	511 000	379 000
Total Current Assets	685 000	501 000	628 000	395 000
Total Assets	1 484 000	1 429 000	1 702 000	1 614 000
Total Equity	1 404 000	1 370 000	1 461 000	1 385 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	11 000	38 000	62 000
Creditors	12 000	5 000	43 000	10 000
Unpaid Taxes	0	16 000	1 000	27 000
Dividends	0	0	0	0
Other Current Debt	31 000	26 000	113 000	59 000
Total Current Debt	81 000	48 000	203 000	167 000
Total Equity and Debt	1 484 000	1 429 000	1 702 000	1 614 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,35 %	−6,57 %	5,2 %	11,55 %
Debt-to-Equity Ratio	0	0,01	0,03	0,04
Operating Profit Margin	4,64 %	−21 %	10,11 %	22 %
Current Ratio	8,46	10,44	3,09	2,37
Quick Ratio	8,46	10,44	3,09	2,37
Equity Ratio	0,95	0,96	0,86	0,86
Gross Profit Margin	100 %	100 %	100 %	100 %