VASSMOEN AS

3841 FLATDAL

Finances

Share Ownership

Return on Equity

−8,54 %

Current Ratio

4,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	280 000	373 000	580 000	239 000
Net Income	−112 000	−62 000	172 000	−161 000
Total Assets	1 438 000	1 476 000	1 704 000	1 401 000
Total Equity	1 312 000	1 424 000	1 486 000	1 364 000

Income (NOK)	2022	2021	2020	2019
Revenue	280 000	373 000	580 000	239 000
Expenditure	393 000	435 000	407 000	400 000
Operating Profit	−112 000	−62 000	172 000	−162 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Earnings Before Tax	−112 000	−62 000	172 000	−161 000
Tax	0	0	0	0
Net Income	−112 000	−62 000	172 000	−161 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	840 000	351 000	479 000	565 000
Total Current Assets	599 000	1 125 000	1 225 000	837 000
Total Assets	1 438 000	1 476 000	1 704 000	1 401 000
Total Retained Equity	1 208 000	1 320 000	1 382 000	1 260 000
Total Equity	1 312 000	1 424 000	1 486 000	1 364 000
Total Long-Term Debt	3 000	1 000	1 000	0
Total Current Debt	124 000	51 000	217 000	38 000
Total Equity and Debt	1 438 000	1 476 000	1 704 000	1 401 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	92 000	363 000	230 000	239 000
Other Income	188 000	10 000	350 000	0
Revenue	280 000	373 000	580 000	239 000
Cost of Goods Sold	42 000	23 000	11 000	−1 000
Salary Costs	34 000	54 000	4 000	64 000
Depreciation	174 000	203 000	246 000	210 000
Impairment	0	0	0	0
Expenditure	393 000	435 000	407 000	400 000
Operating Profit	−112 000	−62 000	172 000	−162 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Dividends	0	0	50 000	0
Net Income	−112 000	−62 000	172 000	−161 000

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	840 000	0	0	0
Fixtures	0	351 000	479 000	565 000
Total Tangible Assets	840 000	351 000	479 000	565 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	840 000	351 000	479 000	565 000
Stock	55 000	14 000	26 000	42 000
Total Investments	0	0	0	0
Cash, Bank	172 000	1 080 000	1 163 000	774 000
Total Current Assets	599 000	1 125 000	1 225 000	837 000
Total Assets	1 438 000	1 476 000	1 704 000	1 401 000
Total Equity	1 312 000	1 424 000	1 486 000	1 364 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000	1 000	1 000	0
Creditors	108 000	2 000	5 000	0
Unpaid Taxes	7 000	44 000	161 000	37 000
Dividends	0	0	50 000	0
Other Current Debt	9 000	6 000	1 000	1 000
Total Current Debt	124 000	51 000	217 000	38 000
Total Equity and Debt	1 438 000	1 476 000	1 704 000	1 401 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,54 %	−4,35 %	11,57 %	−11,8 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−40 %	−16,62 %	29,66 %	−67,78 %
Current Ratio	4,83	22,06	5,65	22,03
Quick Ratio	8,68	30,41	6,41	−209,25
Equity Ratio	0,91	0,96	0,87	0,97
Gross Profit Margin	85 %	93,83 %	98,1 %	100,42 %