VGL PROPERTIES AS

1746 SKJEBERG

Finances

Share Ownership

Return on Equity

−8,47 %

Current Ratio

0,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	120 000	120 000	367 000	465 000
Net Income	−914 000	−588 000	−1 252 000	−32 904 000
Total Assets	15 125 000	12 465 000	13 542 000	12 815 000
Total Equity	10 790 000	8 305 000	8 893 000	8 895 000

Income (NOK)	2022	2021	2020	2019
Revenue	120 000	120 000	367 000	465 000
Expenditure	487 000	455 000	757 000	947 000
Operating Profit	−368 000	−336 000	−390 000	−482 000
Financial Income	1 325 000	3 517 000	5 083 000	163 000
Financial Costs	1 872 000	3 769 000	5 945 000	32 586 000
Financial Balance	−547 000	−252 000	−862 000	−32 423 000
Earnings Before Tax	−914 000	−588 000	−1 252 000	−32 904 000
Tax	0	0	0	0
Net Income	−914 000	−588 000	−1 252 000	−32 904 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 522 000	12 100 000	12 815 000	12 297 000
Total Current Assets	603 000	364 000	727 000	517 000
Total Assets	15 125 000	12 465 000	13 542 000	12 815 000
Total Retained Equity	−72 102 000	−71 188 000	−70 600 000	−69 348 000
Total Equity	10 790 000	8 305 000	8 893 000	8 895 000
Total Long-Term Debt	0	0	0	3 000 000
Total Current Debt	4 335 000	4 160 000	4 649 000	920 000
Total Equity and Debt	15 125 000	12 465 000	13 542 000	12 815 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	120 000	120 000	367 000	465 000
Other Income	0	0	0	0
Revenue	120 000	120 000	367 000	465 000
Cost of Goods Sold	98 000	98 000	330 000	409 000
Salary Costs	205 000	205 000	206 000	206 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	487 000	455 000	757 000	947 000
Operating Profit	−368 000	−336 000	−390 000	−482 000
Financial Income	1 325 000	3 517 000	5 083 000	163 000
Financial Costs	1 872 000	3 769 000	5 945 000	32 586 000
Financial Balance	−547 000	−252 000	−862 000	−32 423 000
Dividends	0	0	0	0
Net Income	−914 000	−588 000	−1 252 000	−32 904 000

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	14 522 000	12 100 000	12 815 000	12 297 000
Total Fixed Assets	14 522 000	12 100 000	12 815 000	12 297 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	286 000	51 000	145 000	140 000
Total Current Assets	603 000	364 000	727 000	517 000
Total Assets	15 125 000	12 465 000	13 542 000	12 815 000
Total Equity	10 790 000	8 305 000	8 893 000	8 895 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	3 000 000
Creditors	18 000	13 000	389 000	80 000
Unpaid Taxes	25 000	25 000	51 000	25 000
Dividends	0	0	0	0
Other Current Debt	1 292 000	1 121 000	1 209 000	814 000
Total Current Debt	4 335 000	4 160 000	4 649 000	920 000
Total Equity and Debt	15 125 000	12 465 000	13 542 000	12 815 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,47 %	−7,08 %	−14,08 %	−369,92 %
Debt-to-Equity Ratio	0	0	0	0,34
Operating Profit Margin	−306,67 %	−280 %	−106,27 %	−103,66 %
Current Ratio	0,14	0,09	0,16	0,56
Quick Ratio	0,14	0,09	0,16	0,56
Equity Ratio	0,71	0,67	0,66	0,69
Gross Profit Margin	18,33 %	18,33 %	10,08 %	12,04 %