TORE VÅGENES AS

5936 MANGER

Finances

Share Ownership

Return on Equity

−17,18 %

Current Ratio

3,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	258 000	388 000	200 000	8 990 000
Net Income	−50 000	215 000	−264 000	61 000
Total Assets	377 000	481 000	220 000	1 095 000
Total Equity	291 000	341 000	126 000	391 000

Income (NOK)	2022	2021	2020	2019
Revenue	258 000	388 000	200 000	8 990 000
Expenditure	308 000	140 000	554 000	8 896 000
Operating Profit	−51 000	249 000	−354 000	94 000
Financial Income	1 000	1 000	1 000	9 000
Financial Costs	0	0	1 000	19 000
Financial Balance	1 000	1 000	0	−10 000
Earnings Before Tax	−50 000	250 000	−354 000	84 000
Tax	0	35 000	−90 000	23 000
Net Income	−50 000	215 000	−264 000	61 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	99 000	126 000	0	0
Total Current Assets	278 000	355 000	220 000	1 095 000
Total Assets	377 000	481 000	220 000	1 095 000
Total Retained Equity	191 000	241 000	26 000	291 000
Total Equity	291 000	341 000	126 000	391 000
Total Long-Term Debt	0	0	0	100 000
Total Current Debt	86 000	140 000	94 000	604 000
Total Equity and Debt	377 000	481 000	220 000	1 095 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	258 000	388 000	200 000	8 987 000
Other Income	0	0	0	2 000
Revenue	258 000	388 000	200 000	8 990 000
Cost of Goods Sold	89 000	46 000	−37 000	4 220 000
Salary Costs	76 000	17 000	524 000	3 680 000
Depreciation	27 000	4 000	0	89 000
Impairment	0	0	0	0
Expenditure	308 000	140 000	554 000	8 896 000
Operating Profit	−51 000	249 000	−354 000	94 000
Financial Income	1 000	1 000	1 000	9 000
Financial Costs	0	0	1 000	19 000
Financial Balance	1 000	1 000	0	−10 000
Dividends	0	0	0	0
Net Income	−50 000	215 000	−264 000	61 000

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	99 000	126 000	0	0
Total Tangible Assets	99 000	126 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	99 000	126 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	199 000	347 000	126 000	714 000
Total Current Assets	278 000	355 000	220 000	1 095 000
Total Assets	377 000	481 000	220 000	1 095 000
Total Equity	291 000	341 000	126 000	391 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	100 000
Creditors	13 000	15 000	12 000	13 000
Unpaid Taxes	39 000	15 000	9 000	120 000
Dividends	0	0	0	0
Other Current Debt	34 000	75 000	73 000	448 000
Total Current Debt	86 000	140 000	94 000	604 000
Total Equity and Debt	377 000	481 000	220 000	1 095 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,18 %	63,05 %	−209,52 %	15,6 %
Debt-to-Equity Ratio	0	0	0	0,26
Operating Profit Margin	−19,77 %	64,18 %	−177 %	1,05 %
Current Ratio	3,23	2,54	2,34	1,81
Quick Ratio	3,23	2,54	2,34	1,81
Equity Ratio	0,77	0,71	0,57	0,36
Gross Profit Margin	65,5 %	88,14 %	118,5 %	53,06 %