VIDVANG AS

1395 HVALSTAD

Finances

Share Ownership

Return on Equity

−100,06 %

Current Ratio

5,33

Debt-to-Equity Ratio

3,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 288 000	225 000	9 083 000	24 262 000
Net Income	−1 668 000	−416 000	971 000	1 030 000
Total Assets	9 913 000	20 898 000	16 836 000	17 608 000
Total Equity	1 667 000	3 335 000	3 751 000	3 739 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 288 000	225 000	9 083 000	24 262 000
Expenditure	14 011 000	176 000	7 217 000	21 805 000
Operating Profit	−1 095 000	49 000	1 866 000	2 458 000
Financial Income	45 000	1 000	1 000	10 000
Financial Costs	500 000	584 000	622 000	1 145 000
Financial Balance	−455 000	−583 000	−621 000	−1 135 000
Earnings Before Tax	−1 550 000	−533 000	1 245 000	1 323 000
Tax	117 000	−117 000	274 000	292 000
Net Income	−1 668 000	−416 000	971 000	1 030 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	117 000	0	3 000
Total Current Assets	9 913 000	20 781 000	16 836 000	17 605 000
Total Assets	9 913 000	20 898 000	16 836 000	17 608 000
Total Retained Equity	−1 609 000	59 000	475 000	463 000
Total Equity	1 667 000	3 335 000	3 751 000	3 739 000
Total Long-Term Debt	6 386 000	13 748 000	11 559 000	11 735 000
Total Current Debt	1 860 000	3 816 000	1 526 000	2 134 000
Total Equity and Debt	9 913 000	20 898 000	16 836 000	17 608 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 950 000	0	9 083 000	24 262 000
Other Income	338 000	225 000	0	0
Revenue	13 288 000	225 000	9 083 000	24 262 000
Cost of Goods Sold	13 296 000	0	7 040 000	21 619 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	14 011 000	176 000	7 217 000	21 805 000
Operating Profit	−1 095 000	49 000	1 866 000	2 458 000
Financial Income	45 000	1 000	1 000	10 000
Financial Costs	500 000	584 000	622 000	1 145 000
Financial Balance	−455 000	−583 000	−621 000	−1 135 000
Dividends	0	0	0	0
Net Income	−1 668 000	−416 000	971 000	1 030 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	117 000	0	3 000
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	117 000	0	3 000
Stock	8 000 000	20 484 000	14 878 000	17 097 000
Total Investments	0	0	0	0
Cash, Bank	27 000	28 000	1 571 000	165 000
Total Current Assets	9 913 000	20 781 000	16 836 000	17 605 000
Total Assets	9 913 000	20 898 000	16 836 000	17 608 000
Total Equity	1 667 000	3 335 000	3 751 000	3 739 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 386 000	13 748 000	11 559 000	11 735 000
Creditors	305 000	2 100 000	160 000	396 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 555 000	1 716 000	1 365 000	1 736 000
Total Current Debt	1 860 000	3 816 000	1 526 000	2 134 000
Total Equity and Debt	9 913 000	20 898 000	16 836 000	17 608 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−100,06 %	−12,47 %	25,89 %	27,55 %
Debt-to-Equity Ratio	3,83	4,12	3,08	3,14
Operating Profit Margin	−8,24 %	21,78 %	20,54 %	10,13 %
Current Ratio	5,33	5,45	11,03	8,25
Quick Ratio	−1,61	−1,25	−1,26	−1,18
Equity Ratio	0,17	0,16	0,22	0,21
Gross Profit Margin	−0,06 %	100 %	22,49 %	10,89 %