VINGVEIEN 1 AS

4050 SOLA

Finances

Share Ownership

Return on Equity

−16,84 %

Current Ratio

0,74

Debt-to-Equity Ratio

5,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 238 000	4 296 000	5 522 000	6 577 000
Net Income	−1 133 000	324 000	1 206 000	2 350 000
Total Assets	58 423 000	60 436 000	67 607 000	66 710 000
Total Equity	6 730 000	6 868 000	6 952 000	6 994 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 238 000	4 296 000	5 522 000	6 577 000
Expenditure	2 184 000	2 831 000	1 953 000	1 936 000
Operating Profit	54 000	1 465 000	3 569 000	4 641 000
Financial Income	226 000	203 000	366 000	200 000
Financial Costs	1 732 000	1 254 000	2 327 000	1 828 000
Financial Balance	−1 506 000	−1 051 000	−1 961 000	−1 628 000
Earnings Before Tax	−1 453 000	415 000	1 608 000	3 013 000
Tax	−320 000	91 000	403 000	663 000
Net Income	−1 133 000	324 000	1 206 000	2 350 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	49 024 000	50 354 000	51 684 000	53 014 000
Total Current Assets	9 399 000	10 082 000	15 923 000	13 696 000
Total Assets	58 423 000	60 436 000	67 607 000	66 710 000
Total Retained Equity	5 635 000	6 768 000	6 852 000	6 894 000
Total Equity	6 730 000	6 868 000	6 952 000	6 994 000
Total Long-Term Debt	38 946 000	41 127 000	43 255 000	44 401 000
Total Current Debt	12 746 000	12 441 000	17 400 000	15 314 000
Total Equity and Debt	58 423 000	60 436 000	67 607 000	66 710 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 128 000	4 027 000	5 522 000	6 577 000
Other Income	110 000	269 000	0	0
Revenue	2 238 000	4 296 000	5 522 000	6 577 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 330 000	1 330 000	1 330 000	1 313 000
Impairment	0	0	0	0
Expenditure	2 184 000	2 831 000	1 953 000	1 936 000
Operating Profit	54 000	1 465 000	3 569 000	4 641 000
Financial Income	226 000	203 000	366 000	200 000
Financial Costs	1 732 000	1 254 000	2 327 000	1 828 000
Financial Balance	−1 506 000	−1 051 000	−1 961 000	−1 628 000
Dividends	0	0	0	0
Net Income	−1 133 000	324 000	1 206 000	2 350 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	49 024 000	50 354 000	51 684 000	53 014 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	49 024 000	50 354 000	51 684 000	53 014 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	49 024 000	50 354 000	51 684 000	53 014 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 247 000	3 343 000	3 617 000	1 751 000
Total Current Assets	9 399 000	10 082 000	15 923 000	13 696 000
Total Assets	58 423 000	60 436 000	67 607 000	66 710 000
Total Equity	6 730 000	6 868 000	6 952 000	6 994 000
Short-Term Group Debt	12 693 000	12 372 000	0	0
Total Long-Term Debt	38 946 000	41 127 000	43 255 000	44 401 000
Creditors	54 000	69 000	52 000	17 000
Unpaid Taxes	0	0	0	8 000
Dividends	0	0	0	0
Other Current Debt	0	0	17 290 000	12 344 000
Total Current Debt	12 746 000	12 441 000	17 400 000	15 314 000
Total Equity and Debt	58 423 000	60 436 000	67 607 000	66 710 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−16,84 %	4,72 %	17,35 %	33,6 %
Debt-to-Equity Ratio	5,79	5,99	6,22	6,35
Operating Profit Margin	2,41 %	34,1 %	64,63 %	70,56 %
Current Ratio	0,74	0,81	0,92	0,89
Quick Ratio	0,74	0,81	0,92	0,89
Equity Ratio	0,12	0,11	0,1	0,1
Gross Profit Margin	100 %	100 %	100 %	100 %