VESBU BRANDS AS

3414 LIERSTRANDA

Finances

Share Ownership

Return on Equity

2 889,66 %

Current Ratio

0,95

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 140 000	1 289 000	806 000	1 305 000
Net Income	−838 000	816 000	−1 086 000	439 000
Total Assets	582 000	1 086 000	455 000	1 560 000
Total Equity	−29 000	809 000	−7 000	1 078 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 140 000	1 289 000	806 000	1 305 000
Expenditure	1 973 000	539 000	1 890 000	1 079 000
Operating Profit	−832 000	750 000	−1 085 000	571 000
Financial Income	8 000	3 000	5 000	2 000
Financial Costs	8 000	13 000	6 000	10 000
Financial Balance	0	−10 000	−1 000	−8 000
Earnings Before Tax	−832 000	740 000	−1 086 000	563 000
Tax	6 000	53 000	0	124 000
Net Income	−838 000	816 000	−1 086 000	439 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	582 000	1 086 000	455 000	1 560 000
Total Assets	582 000	1 086 000	455 000	1 560 000
Total Retained Equity	−59 000	779 000	−37 000	1 048 000
Total Equity	−29 000	809 000	−7 000	1 078 000
Total Long-Term Debt	0	0	116 000	116 000
Total Current Debt	611 000	277 000	346 000	366 000
Total Equity and Debt	582 000	1 086 000	455 000	1 560 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 140 000	1 089 000	806 000	1 305 000
Other Income	0	201 000	0	0
Revenue	1 140 000	1 289 000	806 000	1 305 000
Cost of Goods Sold	976 000	118 000	1 395 000	446 000
Salary Costs	760 000	65 000	185 000	385 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 973 000	539 000	1 890 000	1 079 000
Operating Profit	−832 000	750 000	−1 085 000	571 000
Financial Income	8 000	3 000	5 000	2 000
Financial Costs	8 000	13 000	6 000	10 000
Financial Balance	0	−10 000	−1 000	−8 000
Dividends	0	0	0	0
Net Income	−838 000	816 000	−1 086 000	439 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	434 000	474 000	169 000	1 232 000
Total Investments	0	0	0	0
Cash, Bank	146 000	355 000	101 000	145 000
Total Current Assets	582 000	1 086 000	455 000	1 560 000
Total Assets	582 000	1 086 000	455 000	1 560 000
Total Equity	−29 000	809 000	−7 000	1 078 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	116 000	116 000
Creditors	75 000	41 000	46 000	116 000
Unpaid Taxes	61 000	115 000	69 000	59 000
Dividends	0	0	0	0
Other Current Debt	475 000	69 000	152 000	67 000
Total Current Debt	611 000	277 000	346 000	366 000
Total Equity and Debt	582 000	1 086 000	455 000	1 560 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2 889,66 %	100,87 %	15 514,29 %	40,72 %
Debt-to-Equity Ratio	−0	0	−16,57	0,11
Operating Profit Margin	−72,98 %	58,18 %	−134,62 %	43,75 %
Current Ratio	0,95	3,92	1,32	4,26
Quick Ratio	3,29	−5,51	2,57	−1,8
Equity Ratio	−0,05	0,74	−0,02	0,69
Gross Profit Margin	14,39 %	90,85 %	−73,08 %	65,82 %