VESTLANDSSOL AS

6823 SANDANE

Finances

Share Ownership

Return on Equity

1,85 %

Current Ratio

2,93

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 000	20 000	390 000	0
Net Income	1 000	−10 000	53 000	−21 000
Total Assets	82 000	82 000	111 000	9 000
Total Equity	54 000	52 000	62 000	9 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 000	20 000	390 000	0
Expenditure	2 000	29 000	328 000	22 000
Operating Profit	1 000	−10 000	63 000	−21 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	1 000	−10 000	62 000	−21 000
Tax	0	0	9 000	0
Net Income	1 000	−10 000	53 000	−21 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	82 000	82 000	111 000	9 000
Total Assets	82 000	82 000	111 000	9 000
Total Retained Equity	24 000	22 000	32 000	−21 000
Total Equity	54 000	52 000	62 000	9 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	28 000	30 000	49 000	0
Total Equity and Debt	82 000	82 000	111 000	9 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 000	20 000	390 000	0
Other Income	0	0	0	0
Revenue	3 000	20 000	390 000	0
Cost of Goods Sold	2 000	15 000	210 000	1 000
Salary Costs	0	0	66 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 000	29 000	328 000	22 000
Operating Profit	1 000	−10 000	63 000	−21 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	1 000	−10 000	53 000	−21 000

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	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	82 000	79 000	49 000	9 000
Total Current Assets	82 000	82 000	111 000	9 000
Total Assets	82 000	82 000	111 000	9 000
Total Equity	54 000	52 000	62 000	9 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	1 000	6 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	28 000	28 000	34 000	0
Total Current Debt	28 000	30 000	49 000	0
Total Equity and Debt	82 000	82 000	111 000	9 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,85 %	−19,23 %	85,48 %	−233,33 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	33,33 %	−50 %	16,15 %	-
Current Ratio	2,93	2,73	2,27	-
Quick Ratio	2,93	2,73	2,27	-
Equity Ratio	0,66	0,63	0,56	1
Gross Profit Margin	33,33 %	25 %	46,15 %	-