VAAGEN SØR AS

4642 SØGNE

Finances

Share Ownership

Return on Equity

−20,11 %

Current Ratio

0,07

Debt-to-Equity Ratio

−14,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	144 000	216 000	216 000	600 000
Net Income	35 000	115 000	61 000	266 000
Total Assets	2 584 000	2 583 000	2 638 000	2 681 000
Total Equity	−174 000	−209 000	−324 000	−386 000

Income (NOK)	2022	2021	2020	2019
Revenue	144 000	216 000	216 000	600 000
Expenditure	9 000	20 000	26 000	60 000
Operating Profit	135 000	196 000	190 000	541 000
Financial Income	0	0	0	0
Financial Costs	100 000	80 000	128 000	275 000
Financial Balance	−100 000	−80 000	−128 000	−275 000
Earnings Before Tax	35 000	115 000	61 000	266 000
Tax	0	0	0	0
Net Income	35 000	115 000	61 000	266 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 564 000	2 564 000	2 564 000	2 564 000
Total Current Assets	20 000	20 000	74 000	118 000
Total Assets	2 584 000	2 583 000	2 638 000	2 681 000
Total Retained Equity	−274 000	−309 000	−424 000	−486 000
Total Equity	−174 000	−209 000	−324 000	−386 000
Total Long-Term Debt	2 458 000	2 492 000	2 962 000	3 067 000
Total Current Debt	300 000	300 000	0	0
Total Equity and Debt	2 584 000	2 583 000	2 638 000	2 681 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	144 000	216 000	216 000	600 000
Revenue	144 000	216 000	216 000	600 000
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	9 000	20 000	26 000	60 000
Operating Profit	135 000	196 000	190 000	541 000
Financial Income	0	0	0	0
Financial Costs	100 000	80 000	128 000	275 000
Financial Balance	−100 000	−80 000	−128 000	−275 000
Dividends	0	0	0	0
Net Income	35 000	115 000	61 000	266 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 564 000	2 564 000	2 564 000	2 564 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 564 000	2 564 000	2 564 000	2 564 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 564 000	2 564 000	2 564 000	2 564 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 000	2 000	55 000	116 000
Total Current Assets	20 000	20 000	74 000	118 000
Total Assets	2 584 000	2 583 000	2 638 000	2 681 000
Total Equity	−174 000	−209 000	−324 000	−386 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 458 000	2 492 000	2 962 000	3 067 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	300 000	300 000	0	0
Total Current Debt	300 000	300 000	0	0
Total Equity and Debt	2 584 000	2 583 000	2 638 000	2 681 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−20,11 %	−55,02 %	−18,83 %	−68,91 %
Debt-to-Equity Ratio	−14,13	−11,92	−9,14	−7,95
Operating Profit Margin	93,75 %	90,74 %	87,96 %	90,17 %
Current Ratio	0,07	0,07	-	-
Quick Ratio	0,07	0,07	-	-
Equity Ratio	−0,07	−0,08	−0,12	−0,14
Gross Profit Margin	100 %	100 %	100 %	100 %