VSGS AS

7080 HEIMDAL

Finances

Return on Equity

48,9 %

Current Ratio

5,61

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 320 000	2 531 000	2 704 000	2 562 000
Net Income	1 815 000	878 000	797 000	747 000
Total Assets	4 517 000	3 157 000	2 586 000	2 356 000
Total Equity	3 712 000	2 647 000	2 269 000	1 973 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 320 000	2 531 000	2 704 000	2 562 000
Expenditure	1 929 000	1 473 000	1 687 000	1 618 000
Operating Profit	2 391 000	1 058 000	1 017 000	945 000
Financial Income	4 000	54 000	6 000	13 000
Financial Costs	53 000	0	1 000	0
Financial Balance	−49 000	54 000	5 000	13 000
Earnings Before Tax	2 341 000	1 112 000	1 022 000	957 000
Tax	527 000	234 000	225 000	211 000
Net Income	1 815 000	878 000	797 000	747 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	4 517 000	3 157 000	2 586 000	2 356 000
Total Assets	4 517 000	3 157 000	2 586 000	2 356 000
Total Retained Equity	4 362 000	2 547 000	2 169 000	1 873 000
Total Equity	3 712 000	2 647 000	2 269 000	1 973 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	805 000	510 000	317 000	384 000
Total Equity and Debt	4 517 000	3 157 000	2 586 000	2 356 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	4 320 000	2 531 000	2 704 000	2 562 000
Revenue	4 320 000	2 531 000	2 704 000	2 562 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 929 000	1 473 000	1 687 000	1 618 000
Operating Profit	2 391 000	1 058 000	1 017 000	945 000
Financial Income	4 000	54 000	6 000	13 000
Financial Costs	53 000	0	1 000	0
Financial Balance	−49 000	54 000	5 000	13 000
Dividends	0	0	0	0
Net Income	1 815 000	878 000	797 000	747 000

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	1 052 000	0	0
Cash, Bank	2 863 000	2 006 000	2 523 000	2 268 000
Total Current Assets	4 517 000	3 157 000	2 586 000	2 356 000
Total Assets	4 517 000	3 157 000	2 586 000	2 356 000
Total Equity	3 712 000	2 647 000	2 269 000	1 973 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	23 000	124 000	0	0
Unpaid Taxes	255 000	3 000	0	41 000
Dividends	0	0	0	0
Other Current Debt	0	150 000	92 000	133 000
Total Current Debt	805 000	510 000	317 000	384 000
Total Equity and Debt	4 517 000	3 157 000	2 586 000	2 356 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,9 %	33,17 %	35,13 %	37,86 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	55,35 %	41,8 %	37,61 %	36,89 %
Current Ratio	5,61	6,19	8,16	6,14
Quick Ratio	5,61	6,19	8,16	6,14
Equity Ratio	0,82	0,84	0,88	0,84
Gross Profit Margin	100 %	100 %	100 %	100 %