VAGSTAD PROSJEKTSERVICE AS

6863 LEIKANGER

Finances

Share Ownership

Return on Equity

12,5 %

Current Ratio

2,41

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 862 000	1 710 000	1 940 000	1 991 000
Net Income	429 000	360 000	346 000	363 000
Total Assets	4 066 000	3 567 000	3 218 000	3 058 000
Total Equity	3 431 000	3 002 000	2 792 000	2 546 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 862 000	1 710 000	1 940 000	1 991 000
Expenditure	1 323 000	1 309 000	1 550 000	1 566 000
Operating Profit	538 000	400 000	390 000	425 000
Financial Income	126 000	48 000	42 000	32 000
Financial Costs	89 000	0	1 000	0
Financial Balance	37 000	48 000	41 000	32 000
Earnings Before Tax	575 000	448 000	431 000	457 000
Tax	146 000	88 000	86 000	94 000
Net Income	429 000	360 000	346 000	363 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 571 000	2 591 000	2 582 000	2 096 000
Total Current Assets	1 496 000	976 000	637 000	962 000
Total Assets	4 066 000	3 567 000	3 218 000	3 058 000
Total Retained Equity	3 331 000	2 902 000	2 692 000	2 446 000
Total Equity	3 431 000	3 002 000	2 792 000	2 546 000
Total Long-Term Debt	13 000	14 000	13 000	5 000
Total Current Debt	622 000	551 000	413 000	507 000
Total Equity and Debt	4 066 000	3 567 000	3 218 000	3 058 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 862 000	1 710 000	1 940 000	1 991 000
Other Income	0	0	0	0
Revenue	1 862 000	1 710 000	1 940 000	1 991 000
Cost of Goods Sold	0	1 000	0	0
Salary Costs	1 091 000	1 063 000	1 226 000	1 196 000
Depreciation	38 000	38 000	16 000	8 000
Impairment	0	0	0	0
Expenditure	1 323 000	1 309 000	1 550 000	1 566 000
Operating Profit	538 000	400 000	390 000	425 000
Financial Income	126 000	48 000	42 000	32 000
Financial Costs	89 000	0	1 000	0
Financial Balance	37 000	48 000	41 000	32 000
Dividends	0	150 000	100 000	200 000
Net Income	429 000	360 000	346 000	363 000

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	151 000	177 000	203 000	0
Fixtures	49 000	61 000	73 000	52 000
Total Tangible Assets	200 000	238 000	276 000	52 000
Total Fiancial Fixed Assets	2 371 000	2 353 000	2 305 000	2 044 000
Total Fixed Assets	2 571 000	2 591 000	2 582 000	2 096 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 133 000	580 000	247 000	490 000
Total Current Assets	1 496 000	976 000	637 000	962 000
Total Assets	4 066 000	3 567 000	3 218 000	3 058 000
Total Equity	3 431 000	3 002 000	2 792 000	2 546 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 000	14 000	13 000	5 000
Creditors	5 000	7 000	4 000	0
Unpaid Taxes	161 000	160 000	168 000	209 000
Dividends	0	150 000	100 000	200 000
Other Current Debt	309 000	147 000	64 000	4 000
Total Current Debt	622 000	551 000	413 000	507 000
Total Equity and Debt	4 066 000	3 567 000	3 218 000	3 058 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,5 %	11,99 %	12,39 %	14,26 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	28,89 %	23,39 %	20,1 %	21,35 %
Current Ratio	2,41	1,77	1,54	1,9
Quick Ratio	2,41	1,77	1,54	1,9
Equity Ratio	0,84	0,84	0,87	0,83
Gross Profit Margin	100 %	99,94 %	100 %	100 %