VÅGEN HANDEL AS

5283 FOTLANDSVÅG

Finances

Share Ownership

Return on Equity

−12,22 %

Current Ratio

1,49

Debt-to-Equity Ratio

0,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 465 000	13 157 000	13 369 000	11 713 000
Net Income	−111 000	122 000	411 000	−63 000
Total Assets	2 322 000	2 368 000	2 530 000	2 396 000
Total Equity	908 000	969 000	896 000	585 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 465 000	13 157 000	13 369 000	11 713 000
Expenditure	12 582 000	12 975 000	12 805 000	11 743 000
Operating Profit	−118 000	182 000	564 000	−30 000
Financial Income	1 000	2 000	2 000	0
Financial Costs	25 000	27 000	38 000	50 000
Financial Balance	−24 000	−25 000	−36 000	−50 000
Earnings Before Tax	−142 000	157 000	528 000	−80 000
Tax	−31 000	35 000	116 000	−17 000
Net Income	−111 000	122 000	411 000	−63 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	516 000	639 000	753 000	902 000
Total Current Assets	1 806 000	1 729 000	1 777 000	1 494 000
Total Assets	2 322 000	2 368 000	2 530 000	2 396 000
Total Retained Equity	808 000	869 000	796 000	485 000
Total Equity	908 000	969 000	896 000	585 000
Total Long-Term Debt	199 000	420 000	616 000	749 000
Total Current Debt	1 215 000	980 000	1 017 000	1 061 000
Total Equity and Debt	2 322 000	2 368 000	2 530 000	2 396 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 329 000	13 041 000	13 247 000	11 598 000
Other Income	136 000	116 000	123 000	115 000
Revenue	12 465 000	13 157 000	13 369 000	11 713 000
Cost of Goods Sold	9 288 000	9 756 000	9 772 000	8 841 000
Salary Costs	1 652 000	1 665 000	1 624 000	1 505 000
Depreciation	165 000	162 000	149 000	140 000
Impairment	0	0	0	0
Expenditure	12 582 000	12 975 000	12 805 000	11 743 000
Operating Profit	−118 000	182 000	564 000	−30 000
Financial Income	1 000	2 000	2 000	0
Financial Costs	25 000	27 000	38 000	50 000
Financial Balance	−24 000	−25 000	−36 000	−50 000
Dividends	0	50 000	100 000	0
Net Income	−111 000	122 000	411 000	−63 000

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	474 000	639 000	753 000	902 000
Total Tangible Assets	474 000	639 000	753 000	902 000
Total Fiancial Fixed Assets	42 000	0	0	0
Total Fixed Assets	516 000	639 000	753 000	902 000
Stock	1 055 000	987 000	962 000	820 000
Total Investments	0	0	0	0
Cash, Bank	167 000	91 000	169 000	99 000
Total Current Assets	1 806 000	1 729 000	1 777 000	1 494 000
Total Assets	2 322 000	2 368 000	2 530 000	2 396 000
Total Equity	908 000	969 000	896 000	585 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	199 000	420 000	616 000	749 000
Creditors	884 000	432 000	440 000	479 000
Unpaid Taxes	114 000	110 000	147 000	88 000
Dividends	0	50 000	100 000	0
Other Current Debt	218 000	199 000	181 000	199 000
Total Current Debt	1 215 000	980 000	1 017 000	1 061 000
Total Equity and Debt	2 322 000	2 368 000	2 530 000	2 396 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,22 %	12,59 %	45,87 %	−10,77 %
Debt-to-Equity Ratio	0,22	0,43	0,69	1,28
Operating Profit Margin	−0,95 %	1,38 %	4,22 %	−0,26 %
Current Ratio	1,49	1,76	1,75	1,41
Quick Ratio	11,29	−247	32,31	6,2
Equity Ratio	0,39	0,41	0,35	0,24
Gross Profit Margin	25,49 %	25,85 %	26,91 %	24,52 %