VÅGSVÅG MARINA AS

6700 MÅLØY

Finances

Share Ownership

Return on Equity

29,55 %

Current Ratio

0,36

Debt-to-Equity Ratio

9,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	200 000	156 000	188 000	159 000
Net Income	91 000	33 000	92 000	89 000
Total Assets	3 375 000	3 383 000	3 395 000	3 380 000
Total Equity	308 000	217 000	184 000	91 000

Income (NOK)	2022	2021	2020	2019
Revenue	200 000	156 000	188 000	159 000
Expenditure	84 000	105 000	89 000	70 000
Operating Profit	116 000	51 000	100 000	90 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	0	1 000
Financial Balance	0	−2 000	0	−1 000
Earnings Before Tax	116 000	49 000	99 000	89 000
Tax	25 000	15 000	7 000	0
Net Income	91 000	33 000	92 000	89 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 363 000	3 366 000	3 371 000	3 375 000
Total Current Assets	12 000	17 000	24 000	5 000
Total Assets	3 375 000	3 383 000	3 395 000	3 380 000
Total Retained Equity	158 000	67 000	34 000	−59 000
Total Equity	308 000	217 000	184 000	91 000
Total Long-Term Debt	3 034 000	3 147 000	3 200 000	3 287 000
Total Current Debt	33 000	18 000	12 000	2 000
Total Equity and Debt	3 375 000	3 383 000	3 395 000	3 380 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	200 000	156 000	188 000	159 000
Other Income	0	0	0	0
Revenue	200 000	156 000	188 000	159 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	3 000	5 000	5 000	5 000
Impairment	0	0	0	0
Expenditure	84 000	105 000	89 000	70 000
Operating Profit	116 000	51 000	100 000	90 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	0	1 000
Financial Balance	0	−2 000	0	−1 000
Dividends	0	0	0	0
Net Income	91 000	33 000	92 000	89 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 363 000	3 363 000	3 363 000	3 363 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	3 000	8 000	12 000
Total Tangible Assets	3 363 000	3 366 000	3 370 000	3 375 000
Total Fiancial Fixed Assets	0	0	1 000	0
Total Fixed Assets	3 363 000	3 366 000	3 371 000	3 375 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	0	0	2 000
Total Current Assets	12 000	17 000	24 000	5 000
Total Assets	3 375 000	3 383 000	3 395 000	3 380 000
Total Equity	308 000	217 000	184 000	91 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 034 000	3 147 000	3 200 000	3 287 000
Creditors	5 000	2 000	5 000	2 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	33 000	18 000	12 000	2 000
Total Equity and Debt	3 375 000	3 383 000	3 395 000	3 380 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,55 %	15,21 %	50 %	97,8 %
Debt-to-Equity Ratio	9,85	14,5	17,39	36,12
Operating Profit Margin	58 %	32,69 %	53,19 %	56,6 %
Current Ratio	0,36	0,94	2	2,5
Quick Ratio	0,36	0,94	2	2,5
Equity Ratio	0,09	0,06	0,05	0,03
Gross Profit Margin	100 %	100 %	100 %	100 %