VÅGSTRANDA HANDELSLAG SA

6387 VÅGSTRANDA

Finances

Share Ownership

Return on Equity

−44,16 %

Current Ratio

3,22

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 779 000	6 729 000	7 395 000	6 513 000
Net Income	−442 000	−23 000	302 000	−65 000
Total Assets	1 640 000	2 063 000	2 401 000	2 003 000
Total Equity	1 001 000	1 443 000	1 469 000	1 167 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 779 000	6 729 000	7 395 000	6 513 000
Expenditure	6 220 000	6 751 000	6 990 000	6 580 000
Operating Profit	−442 000	−21 000	404 000	−67 000
Financial Income	2 000	1 000	2 000	4 000
Financial Costs	0	1 000	0	0
Financial Balance	2 000	0	2 000	4 000
Earnings Before Tax	−440 000	−21 000	405 000	−63 000
Tax	2 000	2 000	104 000	2 000
Net Income	−442 000	−23 000	302 000	−65 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	260 000	357 000	457 000	274 000
Total Current Assets	1 380 000	1 706 000	1 944 000	1 729 000
Total Assets	1 640 000	2 063 000	2 401 000	2 003 000
Total Retained Equity	376 000	818 000	842 000	540 000
Total Equity	1 001 000	1 443 000	1 469 000	1 167 000
Total Long-Term Debt	210 000	280 000	351 000	236 000
Total Current Debt	428 000	340 000	581 000	599 000
Total Equity and Debt	1 640 000	2 063 000	2 401 000	2 003 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 625 000	6 576 000	7 219 000	6 343 000
Other Income	154 000	154 000	177 000	170 000
Revenue	5 779 000	6 729 000	7 395 000	6 513 000
Cost of Goods Sold	4 415 000	5 040 000	5 396 000	4 980 000
Salary Costs	1 178 000	1 058 000	1 004 000	1 004 000
Depreciation	97 000	100 000	64 000	58 000
Impairment	0	0	0	0
Expenditure	6 220 000	6 751 000	6 990 000	6 580 000
Operating Profit	−442 000	−21 000	404 000	−67 000
Financial Income	2 000	1 000	2 000	4 000
Financial Costs	0	1 000	0	0
Financial Balance	2 000	0	2 000	4 000
Dividends	0	0	0	0
Net Income	−442 000	−23 000	302 000	−65 000

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	260 000	357 000	457 000	274 000
Total Tangible Assets	260 000	357 000	457 000	274 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	260 000	357 000	457 000	274 000
Stock	654 000	667 000	665 000	529 000
Total Investments	0	0	0	0
Cash, Bank	533 000	838 000	1 039 000	993 000
Total Current Assets	1 380 000	1 706 000	1 944 000	1 729 000
Total Assets	1 640 000	2 063 000	2 401 000	2 003 000
Total Equity	1 001 000	1 443 000	1 469 000	1 167 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	210 000	280 000	351 000	236 000
Creditors	242 000	117 000	224 000	383 000
Unpaid Taxes	53 000	74 000	90 000	82 000
Dividends	0	0	0	0
Other Current Debt	131 000	147 000	164 000	132 000
Total Current Debt	428 000	340 000	581 000	599 000
Total Equity and Debt	1 640 000	2 063 000	2 401 000	2 003 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−44,16 %	−1,59 %	20,56 %	−5,57 %
Debt-to-Equity Ratio	0,21	0,19	0,24	0,2
Operating Profit Margin	−7,65 %	−0,31 %	5,46 %	−1,03 %
Current Ratio	3,22	5,02	3,35	2,89
Quick Ratio	−6,11	−5,22	−23,14	24,7
Equity Ratio	0,61	0,7	0,61	0,58
Gross Profit Margin	23,6 %	25,1 %	27,03 %	23,54 %