VATN ENERGI AS

1820 SPYDEBERG

Finances

Share Ownership

Return on Equity

176,82 %

Current Ratio

3,39

Debt-to-Equity Ratio

17,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	700 000	456 000	395 000	439 000
Net Income	267 000	162 000	−90 000	−74 000
Total Assets	3 059 000	2 822 000	2 338 000	2 575 000
Total Equity	151 000	−10 000	−546 000	−456 000

Income (NOK)	2022	2021	2020	2019
Revenue	700 000	456 000	395 000	439 000
Expenditure	329 000	353 000	394 000	424 000
Operating Profit	371 000	103 000	1 000	16 000
Financial Income	0	0	0	0
Financial Costs	74 000	47 000	90 000	90 000
Financial Balance	−74 000	−47 000	−90 000	−90 000
Earnings Before Tax	297 000	56 000	−90 000	−74 000
Tax	30 000	−106 000	0	0
Net Income	267 000	162 000	−90 000	−74 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 112 000	2 174 000	2 267 000	2 445 000
Total Current Assets	947 000	649 000	70 000	130 000
Total Assets	3 059 000	2 822 000	2 338 000	2 575 000
Total Retained Equity	1 000	−152 000	−688 000	−598 000
Total Equity	151 000	−10 000	−546 000	−456 000
Total Long-Term Debt	2 628 000	2 775 000	2 159 000	2 302 000
Total Current Debt	279 000	57 000	724 000	729 000
Total Equity and Debt	3 059 000	2 822 000	2 338 000	2 575 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	498 000	456 000	395 000	439 000
Other Income	201 000	0	0	0
Revenue	700 000	456 000	395 000	439 000
Cost of Goods Sold	191 000	214 000	188 000	216 000
Salary Costs	0	0	0	0
Depreciation	94 000	94 000	178 000	185 000
Impairment	0	0	0	0
Expenditure	329 000	353 000	394 000	424 000
Operating Profit	371 000	103 000	1 000	16 000
Financial Income	0	0	0	0
Financial Costs	74 000	47 000	90 000	90 000
Financial Balance	−74 000	−47 000	−90 000	−90 000
Dividends	0	0	0	0
Net Income	267 000	162 000	−90 000	−74 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	33 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	2 080 000	2 174 000	2 267 000	2 445 000
Fixtures	0	0	0	0
Total Tangible Assets	2 080 000	2 174 000	2 267 000	2 445 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 112 000	2 174 000	2 267 000	2 445 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	825 000	78 000	5 000	64 000
Total Current Assets	947 000	649 000	70 000	130 000
Total Assets	3 059 000	2 822 000	2 338 000	2 575 000
Total Equity	151 000	−10 000	−546 000	−456 000
Short-Term Group Debt	135 000	0	0	0
Total Long-Term Debt	2 628 000	2 775 000	2 159 000	2 302 000
Creditors	67 000	42 000	30 000	34 000
Unpaid Taxes	30 000	16 000	9 000	11 000
Dividends	0	0	0	0
Other Current Debt	15 000	0	685 000	685 000
Total Current Debt	279 000	57 000	724 000	729 000
Total Equity and Debt	3 059 000	2 822 000	2 338 000	2 575 000

Financial indicators	2022	2021	2020	2019
Return on Equity	176,82 %	−1 620 %	16,48 %	16,23 %
Debt-to-Equity Ratio	17,4	−277,5	−3,95	−5,05
Operating Profit Margin	53 %	22,59 %	0,25 %	3,64 %
Current Ratio	3,39	11,39	0,1	0,18
Quick Ratio	3,39	11,39	0,1	0,18
Equity Ratio	0,05	−0	−0,23	−0,18
Gross Profit Margin	72,71 %	53,07 %	52,41 %	50,8 %