VAAGE BRYGGERI AS

5450 SUNDE I SUNNHORDLAND

Finances

Share Ownership

Return on Equity

34,74 %

Current Ratio

1,21

Debt-to-Equity Ratio

−1,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 000	682 000	426 000	144 000
Net Income	−386 000	−25 000	−114 000	−348 000
Total Assets	439 000	343 000	735 000	585 000
Total Equity	−1 111 000	−725 000	−700 000	−585 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 000	682 000	426 000	144 000
Expenditure	382 000	618 000	403 000	405 000
Operating Profit	−379 000	−18 000	−73 000	−303 000
Financial Income	0	0	0	2 000
Financial Costs	7 000	7 000	42 000	47 000
Financial Balance	−7 000	−7 000	−42 000	−45 000
Earnings Before Tax	−386 000	−25 000	−114 000	−348 000
Tax	0	0	0	0
Net Income	−386 000	−25 000	−114 000	−348 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	216 000	323 000	430 000	515 000
Total Current Assets	223 000	21 000	305 000	70 000
Total Assets	439 000	343 000	735 000	585 000
Total Retained Equity	−1 401 000	−1 015 000	−990 000	−875 000
Total Equity	−1 111 000	−725 000	−700 000	−585 000
Total Long-Term Debt	1 366 000	978 000	1 279 000	1 031 000
Total Current Debt	184 000	91 000	156 000	140 000
Total Equity and Debt	439 000	343 000	735 000	585 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 000	702 000	426 000	144 000
Other Income	0	−20 000	0	0
Revenue	3 000	682 000	426 000	144 000
Cost of Goods Sold	4 000	237 000	92 000	77 000
Salary Costs	2 000	−3 000	33 000	0
Depreciation	107 000	107 000	105 000	74 000
Impairment	0	0	0	0
Expenditure	382 000	618 000	403 000	405 000
Operating Profit	−379 000	−18 000	−73 000	−303 000
Financial Income	0	0	0	2 000
Financial Costs	7 000	7 000	42 000	47 000
Financial Balance	−7 000	−7 000	−42 000	−45 000
Dividends	0	0	0	0
Net Income	−386 000	−25 000	−114 000	−348 000

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	10 000	14 000	18 000	0
Fixtures	206 000	309 000	412 000	515 000
Total Tangible Assets	216 000	323 000	430 000	515 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	216 000	323 000	430 000	515 000
Stock	49 000	49 000	131 000	0
Total Investments	0	0	0	0
Cash, Bank	5 000	−62 000	140 000	31 000
Total Current Assets	223 000	21 000	305 000	70 000
Total Assets	439 000	343 000	735 000	585 000
Total Equity	−1 111 000	−725 000	−700 000	−585 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 366 000	978 000	1 279 000	1 031 000
Creditors	2 000	2 000	0	138 000
Unpaid Taxes	5 000	13 000	11 000	0
Dividends	0	0	0	0
Other Current Debt	76 000	76 000	145 000	2 000
Total Current Debt	184 000	91 000	156 000	140 000
Total Equity and Debt	439 000	343 000	735 000	585 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,74 %	3,45 %	16,29 %	59,49 %
Debt-to-Equity Ratio	−1,23	−1,35	−1,83	−1,76
Operating Profit Margin	−12 633,33 %	−2,64 %	−17,14 %	−210,42 %
Current Ratio	1,21	0,23	1,96	0,5
Quick Ratio	1,65	0,5	12,2	0,5
Equity Ratio	−2,53	−2,11	−0,95	−1
Gross Profit Margin	−33,33 %	65,25 %	78,4 %	46,53 %