VINGVEIEN 3 AS

4050 SOLA

Finances

Share Ownership

Return on Equity

12,33 %

Current Ratio

0,27

Debt-to-Equity Ratio

5,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 169 000	4 527 000	4 725 000	9 184 000
Net Income	589 000	505 000	30 000	52 000
Total Assets	38 797 000	39 556 000	40 318 000	41 680 000
Total Equity	4 778 000	5 011 000	5 207 000	5 361 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 169 000	4 527 000	4 725 000	9 184 000
Expenditure	3 281 000	3 032 000	2 520 000	7 969 000
Operating Profit	1 887 000	1 495 000	2 206 000	1 215 000
Financial Income	8 000	9 000	10 000	18 000
Financial Costs	1 140 000	856 000	2 178 000	1 166 000
Financial Balance	−1 132 000	−847 000	−2 168 000	−1 148 000
Earnings Before Tax	755 000	648 000	38 000	66 000
Tax	166 000	143 000	8 000	15 000
Net Income	589 000	505 000	30 000	52 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	36 185 000	37 298 000	38 462 000	39 352 000
Total Current Assets	2 612 000	2 258 000	1 857 000	2 328 000
Total Assets	38 797 000	39 556 000	40 318 000	41 680 000
Total Retained Equity	3 839 000	4 072 000	4 268 000	4 421 000
Total Equity	4 778 000	5 011 000	5 207 000	5 361 000
Total Long-Term Debt	24 251 000	26 068 000	27 805 000	28 464 000
Total Current Debt	9 768 000	8 476 000	7 306 000	7 855 000
Total Equity and Debt	38 797 000	39 556 000	40 318 000	41 680 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 782 000	3 605 000	4 725 000	9 184 000
Other Income	1 387 000	922 000	0	0
Revenue	5 169 000	4 527 000	4 725 000	9 184 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 164 000	1 164 000	1 165 000	1 053 000
Impairment	0	0	0	0
Expenditure	3 281 000	3 032 000	2 520 000	7 969 000
Operating Profit	1 887 000	1 495 000	2 206 000	1 215 000
Financial Income	8 000	9 000	10 000	18 000
Financial Costs	1 140 000	856 000	2 178 000	1 166 000
Financial Balance	−1 132 000	−847 000	−2 168 000	−1 148 000
Dividends	0	0	0	0
Net Income	589 000	505 000	30 000	52 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	35 808 000	36 857 000	38 280 000	39 203 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	378 000	441 000	181 000	149 000
Total Tangible Assets	36 185 000	37 298 000	38 462 000	39 352 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	36 185 000	37 298 000	38 462 000	39 352 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 807 000	1 318 000	1 637 000	1 345 000
Total Current Assets	2 612 000	2 258 000	1 857 000	2 328 000
Total Assets	38 797 000	39 556 000	40 318 000	41 680 000
Total Equity	4 778 000	5 011 000	5 207 000	5 361 000
Short-Term Group Debt	9 713 000	8 409 000	0	0
Total Long-Term Debt	24 251 000	26 068 000	27 805 000	28 464 000
Creditors	55 000	67 000	16 000	983 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	7 290 000	6 850 000
Total Current Debt	9 768 000	8 476 000	7 306 000	7 855 000
Total Equity and Debt	38 797 000	39 556 000	40 318 000	41 680 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,33 %	10,08 %	0,58 %	0,97 %
Debt-to-Equity Ratio	5,08	5,2	5,34	5,31
Operating Profit Margin	36,51 %	33,02 %	46,69 %	13,23 %
Current Ratio	0,27	0,27	0,25	0,3
Quick Ratio	0,27	0,27	0,25	0,3
Equity Ratio	0,12	0,13	0,13	0,13
Gross Profit Margin	100 %	100 %	100 %	100 %