VAAGEN CORPORATE FINANCE AS

0198 OSLO

Finances

Return on Equity

284,62 %

Current Ratio

0,03

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	87 000	234 000	884 000	1 070 000
Net Income	−407 000	223 000	867 000	1 629 000
Total Assets	4 000	320 000	1 001 000	1 739 000
Total Equity	−143 000	264 000	41 000	40 000

Income (NOK)	2022	2021	2020	2019
Revenue	87 000	234 000	884 000	1 070 000
Expenditure	344 000	11 000	20 000	255 000
Operating Profit	−257 000	223 000	865 000	815 000
Financial Income	2 000	0	2 000	814 000
Financial Costs	38 000	0	0	0
Financial Balance	−36 000	0	2 000	814 000
Earnings Before Tax	−293 000	223 000	867 000	1 629 000
Tax	114 000	0	0	0
Net Income	−407 000	223 000	867 000	1 629 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	4 000	320 000	1 001 000	1 739 000
Total Assets	4 000	320 000	1 001 000	1 739 000
Total Retained Equity	−230 000	177 000	−46 000	−46 000
Total Equity	−143 000	264 000	41 000	40 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	147 000	56 000	960 000	1 699 000
Total Equity and Debt	4 000	320 000	1 001 000	1 739 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	87 000	234 000	884 000	1 054 000
Other Income	0	0	0	16 000
Revenue	87 000	234 000	884 000	1 070 000
Cost of Goods Sold	0	0	0	0
Salary Costs	279 000	0	0	8 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	344 000	11 000	20 000	255 000
Operating Profit	−257 000	223 000	865 000	815 000
Financial Income	2 000	0	2 000	814 000
Financial Costs	38 000	0	0	0
Financial Balance	−36 000	0	2 000	814 000
Dividends	0	0	866 000	1 490 000
Net Income	−407 000	223 000	867 000	1 629 000

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	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 000	174 000	267 000	1 164 000
Total Current Assets	4 000	320 000	1 001 000	1 739 000
Total Assets	4 000	320 000	1 001 000	1 739 000
Total Equity	−143 000	264 000	41 000	40 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	6 000	56 000	94 000	209 000
Dividends	0	0	866 000	1 490 000
Other Current Debt	27 000	0	0	0
Total Current Debt	147 000	56 000	960 000	1 699 000
Total Equity and Debt	4 000	320 000	1 001 000	1 739 000

Financial indicators	2022	2021	2020	2019
Return on Equity	284,62 %	84,47 %	2 114,63 %	4 072,5 %
Debt-to-Equity Ratio	−0	0	0	0
Operating Profit Margin	−295,4 %	95,3 %	97,85 %	76,17 %
Current Ratio	0,03	5,71	1,04	1,02
Quick Ratio	0,03	5,71	1,04	1,02
Equity Ratio	−35,75	0,83	0,04	0,02
Gross Profit Margin	100 %	100 %	100 %	100 %