VÅGSHOLMEN AS

6090 FOSNAVÅG

Finances

Share Ownership

Return on Equity

−1,85 %

Current Ratio

6,32

Debt-to-Equity Ratio

1,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 890 000	17 694 000	38 962 000	36 495 000
Net Income	−187 000	−343 000	1 372 000	1 784 000
Total Assets	34 457 000	30 587 000	46 415 000	59 376 000
Total Equity	10 111 000	10 298 000	10 641 000	9 269 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 890 000	17 694 000	38 962 000	36 495 000
Expenditure	5 568 000	11 390 000	12 884 000	47 728 000
Operating Profit	−299 000	−429 000	1 843 000	1 920 000
Financial Income	77 000	40 000	43 000	3 000
Financial Costs	53 000	51 000	73 000	−171 000
Financial Balance	24 000	−11 000	−30 000	174 000
Earnings Before Tax	−274 000	−440 000	1 813 000	2 094 000
Tax	−87 000	−97 000	441 000	310 000
Net Income	−187 000	−343 000	1 372 000	1 784 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 329 000	1 407 000	3 910 000	1 887 000
Total Current Assets	33 128 000	29 179 000	42 505 000	57 489 000
Total Assets	34 457 000	30 587 000	46 415 000	59 376 000
Total Retained Equity	1 911 000	2 098 000	2 441 000	1 069 000
Total Equity	10 111 000	10 298 000	10 641 000	9 269 000
Total Long-Term Debt	19 103 000	19 050 000	22 232 000	22 405 000
Total Current Debt	5 243 000	1 238 000	13 542 000	27 702 000
Total Equity and Debt	34 457 000	30 587 000	46 415 000	59 376 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 890 000	17 130 000	38 902 000	36 495 000
Other Income	0	564 000	60 000	0
Revenue	8 890 000	17 694 000	38 962 000	36 495 000
Cost of Goods Sold	4 917 000	10 425 000	10 955 000	46 653 000
Salary Costs	220 000	206 000	302 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 568 000	11 390 000	12 884 000	47 728 000
Operating Profit	−299 000	−429 000	1 843 000	1 920 000
Financial Income	77 000	40 000	43 000	3 000
Financial Costs	53 000	51 000	73 000	−171 000
Financial Balance	24 000	−11 000	−30 000	174 000
Dividends	0	0	0	0
Net Income	−187 000	−343 000	1 372 000	1 784 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	140 000	53 000	0	0
Real Eastate	0	0	2 409 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	2 409 000	0
Total Fiancial Fixed Assets	1 189 000	1 354 000	1 500 000	1 887 000
Total Fixed Assets	1 329 000	1 407 000	3 910 000	1 887 000
Stock	22 477 000	26 098 000	32 830 000	57 066 000
Total Investments	0	0	0	0
Cash, Bank	10 651 000	3 059 000	7 347 000	364 000
Total Current Assets	33 128 000	29 179 000	42 505 000	57 489 000
Total Assets	34 457 000	30 587 000	46 415 000	59 376 000
Total Equity	10 111 000	10 298 000	10 641 000	9 269 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	19 103 000	19 050 000	22 232 000	22 405 000
Creditors	3 955 000	15 000	1 177 000	11 331 000
Unpaid Taxes	3 000	7 000	3 000	0
Dividends	0	0	0	0
Other Current Debt	1 285 000	1 178 000	3 612 000	3 972 000
Total Current Debt	5 243 000	1 238 000	13 542 000	27 702 000
Total Equity and Debt	34 457 000	30 587 000	46 415 000	59 376 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,85 %	−3,33 %	12,89 %	19,25 %
Debt-to-Equity Ratio	1,89	1,85	2,09	2,42
Operating Profit Margin	−3,36 %	−2,42 %	4,73 %	5,26 %
Current Ratio	6,32	23,57	3,14	2,08
Quick Ratio	−1,92	−1,17	−2,2	−1,96
Equity Ratio	0,29	0,34	0,23	0,16
Gross Profit Margin	44,69 %	41,08 %	71,88 %	−27,83 %