VINGVEIEN 2 AS

4050 SOLA

Finances

Return on Equity

14,3 %

Current Ratio

0,56

Debt-to-Equity Ratio

2,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 190 000	11 083 000	10 797 000	10 997 000
Net Income	2 829 000	2 896 000	3 753 000	5 488 000
Total Assets	106 409 000	108 563 000	108 862 000	45 654 000
Total Equity	19 790 000	19 961 000	20 065 000	19 312 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 190 000	11 083 000	10 797 000	10 997 000
Expenditure	5 415 000	4 779 000	3 909 000	3 561 000
Operating Profit	6 775 000	6 304 000	6 887 000	7 435 000
Financial Income	205 000	4 000	7 000	12 000
Financial Costs	3 355 000	2 595 000	2 083 000	411 000
Financial Balance	−3 150 000	−2 591 000	−2 076 000	−399 000
Earnings Before Tax	3 626 000	3 713 000	4 811 000	7 036 000
Tax	798 000	817 000	1 059 000	1 548 000
Net Income	2 829 000	2 896 000	3 753 000	5 488 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	90 431 000	92 595 000	92 023 000	44 547 000
Total Current Assets	15 978 000	15 969 000	16 838 000	1 107 000
Total Assets	106 409 000	108 563 000	108 862 000	45 654 000
Total Retained Equity	18 979 000	19 150 000	19 254 000	18 501 000
Total Equity	19 790 000	19 961 000	20 065 000	19 312 000
Total Long-Term Debt	58 307 000	61 111 000	63 900 000	1 058 000
Total Current Debt	28 312 000	27 491 000	24 896 000	25 283 000
Total Equity and Debt	106 409 000	108 563 000	108 862 000	45 654 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 838 000	10 500 000	281 000	376 000
Other Income	2 352 000	583 000	10 516 000	10 620 000
Revenue	12 190 000	11 083 000	10 797 000	10 997 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	2 270 000	2 110 000	1 935 000	1 289 000
Impairment	0	0	0	0
Expenditure	5 415 000	4 779 000	3 909 000	3 561 000
Operating Profit	6 775 000	6 304 000	6 887 000	7 435 000
Financial Income	205 000	4 000	7 000	12 000
Financial Costs	3 355 000	2 595 000	2 083 000	411 000
Financial Balance	−3 150 000	−2 591 000	−2 076 000	−399 000
Dividends	3 000 000	3 000 000	3 000 000	5 000 000
Net Income	2 829 000	2 896 000	3 753 000	5 488 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	44 795 000	46 920 000	46 311 000	44 433 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	38 000	76 000	114 000
Total Tangible Assets	44 795 000	46 958 000	46 387 000	44 547 000
Total Fiancial Fixed Assets	45 636 000	45 636 000	45 636 000	0
Total Fixed Assets	90 431 000	92 595 000	92 023 000	44 547 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 630 000	14 427 000	16 500 000	650 000
Total Current Assets	15 978 000	15 969 000	16 838 000	1 107 000
Total Assets	106 409 000	108 563 000	108 862 000	45 654 000
Total Equity	19 790 000	19 961 000	20 065 000	19 312 000
Short-Term Group Debt	19 375 000	18 648 000	0	0
Total Long-Term Debt	58 307 000	61 111 000	63 900 000	1 058 000
Creditors	82 000	359 000	114 000	2 380 000
Unpaid Taxes	205 000	115 000	111 000	160 000
Dividends	3 000 000	3 000 000	3 000 000	5 000 000
Other Current Debt	4 648 000	4 363 000	20 404 000	16 143 000
Total Current Debt	28 312 000	27 491 000	24 896 000	25 283 000
Total Equity and Debt	106 409 000	108 563 000	108 862 000	45 654 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,3 %	14,51 %	18,7 %	28,42 %
Debt-to-Equity Ratio	2,95	3,06	3,18	0,05
Operating Profit Margin	55,58 %	56,88 %	63,79 %	67,61 %
Current Ratio	0,56	0,58	0,68	0,04
Quick Ratio	0,56	0,58	0,68	0,04
Equity Ratio	0,19	0,18	0,18	0,42
Gross Profit Margin	100 %	100 %	100 %	100 %