VÅGAN ELEKTRO AS

8300 SVOLVÆR

Finances

Return on Equity

19,4 %

Current Ratio

1,81

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 593 000	17 956 000	17 138 000	15 966 000
Net Income	698 000	1 299 000	1 621 000	81 000
Total Assets	7 789 000	7 997 000	6 557 000	6 550 000
Total Equity	3 598 000	3 300 000	3 201 000	2 580 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 593 000	17 956 000	17 138 000	15 966 000
Expenditure	16 724 000	16 306 000	15 080 000	15 816 000
Operating Profit	870 000	1 650 000	2 058 000	150 000
Financial Income	28 000	19 000	49 000	22 000
Financial Costs	2 000	3 000	20 000	69 000
Financial Balance	26 000	16 000	29 000	−47 000
Earnings Before Tax	896 000	1 665 000	2 087 000	104 000
Tax	198 000	366 000	466 000	23 000
Net Income	698 000	1 299 000	1 621 000	81 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	454 000	259 000	435 000	722 000
Total Current Assets	7 335 000	7 737 000	6 121 000	5 828 000
Total Assets	7 789 000	7 997 000	6 557 000	6 550 000
Total Retained Equity	2 848 000	2 550 000	2 451 000	1 830 000
Total Equity	3 598 000	3 300 000	3 201 000	2 580 000
Total Long-Term Debt	140 000	15 000	420 000	0
Total Current Debt	4 051 000	4 682 000	2 936 000	3 970 000
Total Equity and Debt	7 789 000	7 997 000	6 557 000	6 550 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 593 000	17 872 000	17 120 000	15 874 000
Other Income	0	84 000	18 000	91 000
Revenue	17 593 000	17 956 000	17 138 000	15 966 000
Cost of Goods Sold	5 592 000	5 049 000	5 553 000	5 258 000
Salary Costs	8 350 000	8 421 000	6 625 000	7 737 000
Depreciation	177 000	150 000	192 000	163 000
Impairment	0	0	0	0
Expenditure	16 724 000	16 306 000	15 080 000	15 816 000
Operating Profit	870 000	1 650 000	2 058 000	150 000
Financial Income	28 000	19 000	49 000	22 000
Financial Costs	2 000	3 000	20 000	69 000
Financial Balance	26 000	16 000	29 000	−47 000
Dividends	400 000	1 200 000	1 000 000	0
Net Income	698 000	1 299 000	1 621 000	81 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	230 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	38 000	41 000	97 000	174 000
Fixtures	390 000	193 000	323 000	302 000
Total Tangible Assets	428 000	233 000	419 000	476 000
Total Fiancial Fixed Assets	26 000	26 000	16 000	16 000
Total Fixed Assets	454 000	259 000	435 000	722 000
Stock	1 380 000	1 276 000	1 099 000	1 192 000
Total Investments	0	0	0	0
Cash, Bank	1 071 000	1 885 000	3 549 000	142 000
Total Current Assets	7 335 000	7 737 000	6 121 000	5 828 000
Total Assets	7 789 000	7 997 000	6 557 000	6 550 000
Total Equity	3 598 000	3 300 000	3 201 000	2 580 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	140 000	15 000	420 000	0
Creditors	1 152 000	327 000	507 000	1 218 000
Unpaid Taxes	1 243 000	1 531 000	555 000	987 000
Dividends	400 000	1 200 000	1 000 000	0
Other Current Debt	1 184 000	853 000	874 000	1 522 000
Total Current Debt	4 051 000	4 682 000	2 936 000	3 970 000
Total Equity and Debt	7 789 000	7 997 000	6 557 000	6 550 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,4 %	39,36 %	50,64 %	3,14 %
Debt-to-Equity Ratio	0,04	0	0,13	0
Operating Profit Margin	4,95 %	9,19 %	12,01 %	0,94 %
Current Ratio	1,81	1,65	2,08	1,47
Quick Ratio	2,75	2,27	3,33	2,1
Equity Ratio	0,46	0,41	0,49	0,39
Gross Profit Margin	68,21 %	71,88 %	67,6 %	67,07 %