VÅGAR EIENDOM AS

8300 SVOLVÆR

Finances

Share Ownership

Return on Equity

124,52 %

Current Ratio

2,21

Debt-to-Equity Ratio

−3,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	86 000	101 825 000	−48 000	718 000
Net Income	−970 000	722 000	−2 168 000	−889 000
Total Assets	2 939 000	13 757 000	58 206 000	30 188 000
Total Equity	−779 000	−2 347 000	−3 069 000	−901 000

Income (NOK)	2022	2021	2020	2019
Revenue	86 000	101 825 000	−48 000	718 000
Expenditure	617 000	101 431 000	1 809 000	1 319 000
Operating Profit	−531 000	394 000	−1 857 000	−601 000
Financial Income	139 000	5 000	0	1 000
Financial Costs	579 000	699 000	312 000	288 000
Financial Balance	−440 000	−694 000	−312 000	−287 000
Earnings Before Tax	−970 000	−300 000	−2 168 000	−889 000
Tax	0	−1 022 000	0	0
Net Income	−970 000	722 000	−2 168 000	−889 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 460 000	13 248 000	0	0
Total Current Assets	1 479 000	509 000	58 206 000	30 188 000
Total Assets	2 939 000	13 757 000	58 206 000	30 188 000
Total Retained Equity	−3 372 000	−3 611 000	−4 334 000	−2 165 000
Total Equity	−779 000	−2 347 000	−3 069 000	−901 000
Total Long-Term Debt	3 050 000	6 767 000	9 781 000	17 644 000
Total Current Debt	668 000	9 337 000	51 494 000	13 445 000
Total Equity and Debt	2 939 000	13 757 000	58 206 000	30 188 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	101 593 000	−8 000	514 000
Other Income	86 000	232 000	−40 000	204 000
Revenue	86 000	101 825 000	−48 000	718 000
Cost of Goods Sold	0	98 029 000	0	400 000
Salary Costs	0	0	0	0
Depreciation	0	48 000	0	0
Impairment	0	1 158 000	0	0
Expenditure	617 000	101 431 000	1 809 000	1 319 000
Operating Profit	−531 000	394 000	−1 857 000	−601 000
Financial Income	139 000	5 000	0	1 000
Financial Costs	579 000	699 000	312 000	288 000
Financial Balance	−440 000	−694 000	−312 000	−287 000
Dividends	0	0	0	0
Net Income	−970 000	722 000	−2 168 000	−889 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	1 022 000	0	0
Real Eastate	1 460 000	12 188 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	37 000	0	0
Total Tangible Assets	1 460 000	12 225 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 460 000	13 248 000	0	0
Stock	0	0	54 058 000	76 822 000
Total Investments	0	0	0	0
Cash, Bank	1 448 000	306 000	19 000	−52 510 000
Total Current Assets	1 479 000	509 000	58 206 000	30 188 000
Total Assets	2 939 000	13 757 000	58 206 000	30 188 000
Total Equity	−779 000	−2 347 000	−3 069 000	−901 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 050 000	6 767 000	9 781 000	17 644 000
Creditors	21 000	79 000	8 578 000	13 430 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	15 000	2 075 000	15 000
Total Current Debt	668 000	9 337 000	51 494 000	13 445 000
Total Equity and Debt	2 939 000	13 757 000	58 206 000	30 188 000

Financial indicators	2022	2021	2020	2019
Return on Equity	124,52 %	−30,76 %	70,64 %	98,67 %
Debt-to-Equity Ratio	−3,92	−2,88	−3,19	−19,58
Operating Profit Margin	−617,44 %	0,39 %	3 868,75 %	−83,7 %
Current Ratio	2,21	0,05	1,13	2,25
Quick Ratio	2,21	0,05	−22,7	−0,48
Equity Ratio	−0,27	−0,17	−0,05	−0,03
Gross Profit Margin	100 %	3,73 %	100 %	44,29 %