VENGSØY SEAFISHING AS

9120 VENGSØY

Finances

Share Ownership

Return on Equity

−3,13 %

Current Ratio

1,15

Debt-to-Equity Ratio

3,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	698 000	365 000	314 000	658 000
Net Income	−11 000	−46 000	−184 000	164 000
Total Assets	1 687 000	1 611 000	1 733 000	1 680 000
Total Equity	351 000	362 000	408 000	592 000

Income (NOK)	2022	2021	2020	2019
Revenue	698 000	365 000	314 000	658 000
Expenditure	711 000	420 000	549 000	448 000
Operating Profit	−14 000	−56 000	−234 000	210 000
Financial Income	1 000	0	0	2 000
Financial Costs	0	4 000	2 000	0
Financial Balance	1 000	−4 000	−2 000	2 000
Earnings Before Tax	−14 000	−60 000	−236 000	211 000
Tax	−3 000	−13 000	−52 000	46 000
Net Income	−11 000	−46 000	−184 000	164 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 364 000	1 186 000	1 419 000	1 461 000
Total Current Assets	323 000	425 000	314 000	218 000
Total Assets	1 687 000	1 611 000	1 733 000	1 680 000
Total Retained Equity	241 000	252 000	298 000	482 000
Total Equity	351 000	362 000	408 000	592 000
Total Long-Term Debt	1 057 000	977 000	977 000	768 000
Total Current Debt	280 000	272 000	347 000	319 000
Total Equity and Debt	1 687 000	1 611 000	1 733 000	1 680 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	6 000
Other Income	698 000	365 000	314 000	653 000
Revenue	698 000	365 000	314 000	658 000
Cost of Goods Sold	37 000	13 000	6 000	9 000
Salary Costs	0	0	108 000	0
Depreciation	154 000	196 000	209 000	226 000
Impairment	0	0	0	0
Expenditure	711 000	420 000	549 000	448 000
Operating Profit	−14 000	−56 000	−234 000	210 000
Financial Income	1 000	0	0	2 000
Financial Costs	0	4 000	2 000	0
Financial Balance	1 000	−4 000	−2 000	2 000
Dividends	0	0	0	0
Net Income	−11 000	−46 000	−184 000	164 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	21 000	18 000	3 000	0
Real Eastate	466 000	502 000	534 000	492 000
Machinery and Plant Facilities	55 000	74 000	96 000	20 000
Fixtures	412 000	31 000	31 000	31 000
Total Tangible Assets	1 343 000	1 168 000	1 415 000	1 461 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 364 000	1 186 000	1 419 000	1 461 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	313 000	415 000	272 000	168 000
Total Current Assets	323 000	425 000	314 000	218 000
Total Assets	1 687 000	1 611 000	1 733 000	1 680 000
Total Equity	351 000	362 000	408 000	592 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 057 000	977 000	977 000	768 000
Creditors	55 000	53 000	56 000	4 000
Unpaid Taxes	−4 000	−8 000	31 000	6 000
Dividends	0	0	0	0
Other Current Debt	229 000	225 000	260 000	267 000
Total Current Debt	280 000	272 000	347 000	319 000
Total Equity and Debt	1 687 000	1 611 000	1 733 000	1 680 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,13 %	−12,71 %	−45,1 %	27,7 %
Debt-to-Equity Ratio	3,01	2,7	2,39	1,3
Operating Profit Margin	−2,01 %	−15,34 %	−74,52 %	31,91 %
Current Ratio	1,15	1,56	0,9	0,68
Quick Ratio	1,15	1,56	0,9	0,68
Equity Ratio	0,21	0,22	0,24	0,35
Gross Profit Margin	94,7 %	96,44 %	98,09 %	98,63 %