VÅGAVIKA INVEST AS

7045 TRONDHEIM

Finances

Return on Equity

4,97 %

Current Ratio

19,36

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 000	0	25 000	24 000
Net Income	267 000	279 000	207 000	182 000
Total Assets	5 383 000	5 852 000	6 585 000	4 634 000
Total Equity	5 372 000	5 105 000	4 826 000	4 619 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 000	0	25 000	24 000
Expenditure	12 000	97 000	87 000	96 000
Operating Profit	5 000	−97 000	−61 000	−71 000
Financial Income	279 000	535 000	277 000	540 000
Financial Costs	17 000	158 000	12 000	281 000
Financial Balance	262 000	377 000	265 000	259 000
Earnings Before Tax	267 000	279 000	204 000	187 000
Tax	0	0	−3 000	5 000
Net Income	267 000	279 000	207 000	182 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 169 000	5 449 000	5 745 000	2 148 000
Total Current Assets	213 000	403 000	840 000	2 486 000
Total Assets	5 383 000	5 852 000	6 585 000	4 634 000
Total Retained Equity	5 272 000	5 005 000	4 726 000	4 519 000
Total Equity	5 372 000	5 105 000	4 826 000	4 619 000
Total Long-Term Debt	0	736 000	1 750 000	3 000
Total Current Debt	11 000	11 000	9 000	12 000
Total Equity and Debt	5 383 000	5 852 000	6 585 000	4 634 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 000	0	25 000	24 000
Other Income	0	0	0	0
Revenue	17 000	0	25 000	24 000
Cost of Goods Sold	0	0	0	0
Salary Costs	7 000	9 000	9 000	9 000
Depreciation	0	54 000	54 000	54 000
Impairment	0	0	0	0
Expenditure	12 000	97 000	87 000	96 000
Operating Profit	5 000	−97 000	−61 000	−71 000
Financial Income	279 000	535 000	277 000	540 000
Financial Costs	17 000	158 000	12 000	281 000
Financial Balance	262 000	377 000	265 000	259 000
Dividends	0	0	0	0
Net Income	267 000	279 000	207 000	182 000

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	0	175 000	229 000	283 000
Total Tangible Assets	0	175 000	229 000	283 000
Total Fiancial Fixed Assets	5 169 000	5 274 000	5 516 000	1 864 000
Total Fixed Assets	5 169 000	5 449 000	5 745 000	2 148 000
Stock	0	0	0	0
Total Investments	12 000	24 000	35 000	127 000
Cash, Bank	201 000	379 000	805 000	2 356 000
Total Current Assets	213 000	403 000	840 000	2 486 000
Total Assets	5 383 000	5 852 000	6 585 000	4 634 000
Total Equity	5 372 000	5 105 000	4 826 000	4 619 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	736 000	1 750 000	3 000
Creditors	0	0	0	0
Unpaid Taxes	0	2 000	2 000	2 000
Dividends	0	0	0	0
Other Current Debt	11 000	9 000	7 000	10 000
Total Current Debt	11 000	11 000	9 000	12 000
Total Equity and Debt	5 383 000	5 852 000	6 585 000	4 634 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,97 %	5,47 %	4,29 %	3,94 %
Debt-to-Equity Ratio	0	0,14	0,36	0
Operating Profit Margin	29,41 %	-	−244 %	−295,83 %
Current Ratio	19,36	36,64	93,33	207,17
Quick Ratio	19,36	36,64	93,33	207,17
Equity Ratio	1	0,87	0,73	1
Gross Profit Margin	100 %	-	100 %	100 %