VENGSØY HANDEL ANS

9120 VENGSØY

Finances

Share Ownership

Return on Equity

−159,49 %

Current Ratio

1,73

Debt-to-Equity Ratio

0,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 100 000	3 150 000	3 172 000	2 909 000
Net Income	−126 000	10 000	34 000	−77 000
Total Assets	312 000	376 000	362 000	276 000
Total Equity	79 000	205 000	195 000	161 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 100 000	3 150 000	3 172 000	2 909 000
Expenditure	3 226 000	3 140 000	3 136 000	2 986 000
Operating Profit	−126 000	10 000	35 000	−77 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Earnings Before Tax	−126 000	10 000	34 000	−77 000
Tax	0	0	0	0
Net Income	−126 000	10 000	34 000	−77 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 000	12 000	30 000	52 000
Total Current Assets	300 000	364 000	333 000	224 000
Total Assets	312 000	376 000	362 000	276 000
Total Retained Equity	79 000	205 000	195 000	161 000
Total Equity	79 000	205 000	195 000	161 000
Total Long-Term Debt	60 000	60 000	60 000	0
Total Current Debt	173 000	111 000	107 000	115 000
Total Equity and Debt	312 000	376 000	362 000	276 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 920 000	2 982 000	2 969 000	2 726 000
Other Income	180 000	168 000	203 000	183 000
Revenue	3 100 000	3 150 000	3 172 000	2 909 000
Cost of Goods Sold	2 264 000	2 284 000	2 272 000	2 112 000
Salary Costs	737 000	571 000	604 000	609 000
Depreciation	0	18 000	22 000	13 000
Impairment	0	0	0	0
Expenditure	3 226 000	3 140 000	3 136 000	2 986 000
Operating Profit	−126 000	10 000	35 000	−77 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Dividends	0	0	0	0
Net Income	−126 000	10 000	34 000	−77 000

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	12 000	12 000	30 000	52 000
Total Tangible Assets	12 000	12 000	30 000	52 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 000	12 000	30 000	52 000
Stock	188 000	193 000	185 000	184 000
Total Investments	0	0	0	0
Cash, Bank	124 000	162 000	144 000	25 000
Total Current Assets	300 000	364 000	333 000	224 000
Total Assets	312 000	376 000	362 000	276 000
Total Equity	79 000	205 000	195 000	161 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	60 000	60 000	60 000	0
Creditors	169 000	87 000	95 000	101 000
Unpaid Taxes	1 000	24 000	13 000	6 000
Dividends	0	0	0	0
Other Current Debt	2 000	0	0	8 000
Total Current Debt	173 000	111 000	107 000	115 000
Total Equity and Debt	312 000	376 000	362 000	276 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−159,49 %	4,88 %	17,44 %	−47,83 %
Debt-to-Equity Ratio	0,76	0,29	0,31	0
Operating Profit Margin	−4,06 %	0,32 %	1,1 %	−2,65 %
Current Ratio	1,73	3,28	3,11	1,95
Quick Ratio	−20	−4,44	−4,27	−3,25
Equity Ratio	0,25	0,55	0,54	0,58
Gross Profit Margin	26,97 %	27,49 %	28,37 %	27,4 %