VEGARHEIM KULTURHUS AS

4985 VEGÅRSHEI

Finances

Share Ownership

Return on Equity

6,37 %

Current Ratio

0,13

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 182 000	388 000	617 000	909 000
Net Income	−38 000	316 000	39 000	−351 000
Total Assets	99 000	150 000	325 000	158 000
Total Equity	−597 000	−559 000	−875 000	−914 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 182 000	388 000	617 000	909 000
Expenditure	3 220 000	522 000	568 000	1 258 000
Operating Profit	−38 000	−134 000	48 000	−349 000
Financial Income	0	480 000	0	0
Financial Costs	0	30 000	9 000	2 000
Financial Balance	0	450 000	−9 000	−2 000
Earnings Before Tax	−38 000	316 000	39 000	−351 000
Tax	0	0	0	0
Net Income	−38 000	316 000	39 000	−351 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 000	102 000	60 000	68 000
Total Current Assets	87 000	48 000	265 000	90 000
Total Assets	99 000	150 000	325 000	158 000
Total Retained Equity	−627 000	−589 000	−905 000	−944 000
Total Equity	−597 000	−559 000	−875 000	−914 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	696 000	709 000	1 200 000	1 072 000
Total Equity and Debt	99 000	150 000	325 000	158 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 054 000	207 000	518 000	895 000
Other Income	128 000	181 000	99 000	14 000
Revenue	3 182 000	388 000	617 000	909 000
Cost of Goods Sold	2 255 000	156 000	283 000	698 000
Salary Costs	0	18 000	8 000	78 000
Depreciation	78 000	93 000	38 000	38 000
Impairment	0	0	0	0
Expenditure	3 220 000	522 000	568 000	1 258 000
Operating Profit	−38 000	−134 000	48 000	−349 000
Financial Income	0	480 000	0	0
Financial Costs	0	30 000	9 000	2 000
Financial Balance	0	450 000	−9 000	−2 000
Dividends	0	0	0	0
Net Income	−38 000	316 000	39 000	−351 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	12 000	102 000	30 000	68 000
Total Tangible Assets	12 000	102 000	30 000	68 000
Total Fiancial Fixed Assets	0	0	30 000	0
Total Fixed Assets	12 000	102 000	60 000	68 000
Stock	0	44 000	44 000	44 000
Total Investments	0	0	0	0
Cash, Bank	1 000	4 000	201 000	42 000
Total Current Assets	87 000	48 000	265 000	90 000
Total Assets	99 000	150 000	325 000	158 000
Total Equity	−597 000	−559 000	−875 000	−914 000
Short-Term Group Debt	0	0	480 000	0
Total Long-Term Debt	0	0	0	0
Creditors	344 000	10 000	3 000	61 000
Unpaid Taxes	62 000	2 000	1 000	5 000
Dividends	0	0	0	0
Other Current Debt	289 000	697 000	716 000	1 006 000
Total Current Debt	696 000	709 000	1 200 000	1 072 000
Total Equity and Debt	99 000	150 000	325 000	158 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,37 %	−56,53 %	−4,46 %	38,4 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−1,19 %	−34,54 %	7,78 %	−38,39 %
Current Ratio	0,13	0,07	0,22	0,08
Quick Ratio	0,13	0,07	0,23	0,09
Equity Ratio	−6,03	−3,73	−2,69	−5,78
Gross Profit Margin	29,13 %	59,79 %	54,13 %	23,21 %