VAAGEN INNOVATION AS

6020 ÅLESUND

Finances

Return on Equity

12,42 %

Current Ratio

0,11

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	523 000	523 000	182 000	226 000
Total Assets	4 490 000	4 469 000	4 461 000	4 488 000
Total Equity	4 210 000	3 687 000	3 163 000	2 982 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	15 000	9 000	12 000	6 000
Operating Profit	−15 000	−9 000	−12 000	−6 000
Financial Income	540 000	540 000	210 000	252 000
Financial Costs	2 000	8 000	16 000	20 000
Financial Balance	538 000	532 000	194 000	232 000
Earnings Before Tax	523 000	523 000	182 000	226 000
Tax	0	0	0	0
Net Income	523 000	523 000	182 000	226 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 483 000	4 383 000	4 383 000	4 383 000
Total Current Assets	7 000	86 000	78 000	105 000
Total Assets	4 490 000	4 469 000	4 461 000	4 488 000
Total Retained Equity	4 110 000	3 587 000	3 063 000	2 882 000
Total Equity	4 210 000	3 687 000	3 163 000	2 982 000
Total Long-Term Debt	218 000	720 000	1 235 000	1 444 000
Total Current Debt	62 000	62 000	62 000	62 000
Total Equity and Debt	4 490 000	4 469 000	4 461 000	4 488 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
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	15 000	9 000	12 000	6 000
Operating Profit	−15 000	−9 000	−12 000	−6 000
Financial Income	540 000	540 000	210 000	252 000
Financial Costs	2 000	8 000	16 000	20 000
Financial Balance	538 000	532 000	194 000	232 000
Dividends	0	0	0	0
Net Income	523 000	523 000	182 000	226 000

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	4 483 000	4 383 000	4 383 000	4 383 000
Total Fixed Assets	4 483 000	4 383 000	4 383 000	4 383 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 000	86 000	78 000	105 000
Total Current Assets	7 000	86 000	78 000	105 000
Total Assets	4 490 000	4 469 000	4 461 000	4 488 000
Total Equity	4 210 000	3 687 000	3 163 000	2 982 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	218 000	720 000	1 235 000	1 444 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	62 000	62 000	62 000	62 000
Total Current Debt	62 000	62 000	62 000	62 000
Total Equity and Debt	4 490 000	4 469 000	4 461 000	4 488 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,42 %	14,18 %	5,75 %	7,58 %
Debt-to-Equity Ratio	0,05	0,2	0,39	0,48
Operating Profit Margin	-	-	-	-
Current Ratio	0,11	1,39	1,26	1,69
Quick Ratio	0,11	1,39	1,26	1,69
Equity Ratio	0,94	0,83	0,71	0,66
Gross Profit Margin	-	-	-	-