VÅGEN MINIKRAFT AS

6973 SANDE I SUNNFJORD

Finances

Share Ownership

Return on Equity

−4,4 %

Current Ratio

2,01

Debt-to-Equity Ratio

0,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	475 000	727 000	283 000	1 165 000
Net Income	−116 000	142 000	−290 000	318 000
Total Assets	4 762 000	5 227 000	5 216 000	5 924 000
Total Equity	2 638 000	2 754 000	2 612 000	2 902 000

Income (NOK)	2022	2021	2020	2019
Revenue	475 000	727 000	283 000	1 165 000
Expenditure	520 000	459 000	554 000	636 000
Operating Profit	−44 000	268 000	−271 000	528 000
Financial Income	0	0	0	0
Financial Costs	104 000	85 000	101 000	121 000
Financial Balance	−104 000	−85 000	−101 000	−121 000
Earnings Before Tax	−149 000	182 000	−372 000	408 000
Tax	−33 000	40 000	−82 000	90 000
Net Income	−116 000	142 000	−290 000	318 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 585 000	4 764 000	4 944 000	5 123 000
Total Current Assets	177 000	463 000	272 000	802 000
Total Assets	4 762 000	5 227 000	5 216 000	5 924 000
Total Retained Equity	2 038 000	2 154 000	2 012 000	2 302 000
Total Equity	2 638 000	2 754 000	2 612 000	2 902 000
Total Long-Term Debt	2 035 000	2 310 000	2 553 000	2 822 000
Total Current Debt	88 000	163 000	51 000	200 000
Total Equity and Debt	4 762 000	5 227 000	5 216 000	5 924 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	474 000	724 000	252 000	1 002 000
Other Income	1 000	3 000	31 000	163 000
Revenue	475 000	727 000	283 000	1 165 000
Cost of Goods Sold	44 000	42 000	156 000	163 000
Salary Costs	4 000	39 000	39 000	38 000
Depreciation	179 000	179 000	179 000	179 000
Impairment	0	0	0	0
Expenditure	520 000	459 000	554 000	636 000
Operating Profit	−44 000	268 000	−271 000	528 000
Financial Income	0	0	0	0
Financial Costs	104 000	85 000	101 000	121 000
Financial Balance	−104 000	−85 000	−101 000	−121 000
Dividends	0	0	0	0
Net Income	−116 000	142 000	−290 000	318 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 000	7 000	9 000	12 000
Real Eastate	449 000	457 000	466 000	474 000
Machinery and Plant Facilities	4 132 000	4 300 000	4 469 000	4 637 000
Fixtures	0	0	0	0
Total Tangible Assets	4 581 000	4 757 000	4 934 000	5 111 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 585 000	4 764 000	4 944 000	5 123 000
Stock	4 000	9 000	10 000	101 000
Total Investments	0	0	0	0
Cash, Bank	39 000	333 000	167 000	602 000
Total Current Assets	177 000	463 000	272 000	802 000
Total Assets	4 762 000	5 227 000	5 216 000	5 924 000
Total Equity	2 638 000	2 754 000	2 612 000	2 902 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 035 000	2 310 000	2 553 000	2 822 000
Creditors	35 000	60 000	22 000	59 000
Unpaid Taxes	42 000	50 000	14 000	35 000
Dividends	0	0	0	0
Other Current Debt	11 000	11 000	15 000	9 000
Total Current Debt	88 000	163 000	51 000	200 000
Total Equity and Debt	4 762 000	5 227 000	5 216 000	5 924 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,4 %	5,16 %	−11,1 %	10,96 %
Debt-to-Equity Ratio	0,77	0,84	0,98	0,97
Operating Profit Margin	−9,26 %	36,86 %	−95,76 %	45,32 %
Current Ratio	2,01	2,84	5,33	4,01
Quick Ratio	2,11	3,01	6,63	8,1
Equity Ratio	0,55	0,53	0,5	0,49
Gross Profit Margin	90,74 %	94,22 %	44,88 %	86,01 %