VESTLAND AUTO AS

5382 SKOGSVÅG

Finances

Share Ownership

Return on Equity

−115,38 %

Current Ratio

N/A

Debt-to-Equity Ratio

−2,38

Key figures (NOK)	2022	2021	2020
Revenue	448 000	571 000	557 000
Net Income	15 000	−30 000	−49 000
Total Assets	17 000	45 000	67 000
Total Equity	−13 000	−29 000	1 000

Income (NOK)	2022	2021	2020
Revenue	448 000	571 000	557 000
Expenditure	427 000	598 000	603 000
Operating Profit	21 000	−27 000	−46 000
Financial Income	0	0	0
Financial Costs	6 000	3 000	3 000
Financial Balance	−6 000	−3 000	−3 000
Earnings Before Tax	15 000	−30 000	−49 000
Tax	0	0	0
Net Income	15 000	−30 000	−49 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	17 000	45 000	67 000
Total Assets	17 000	45 000	67 000
Total Retained Equity	−63 000	−79 000	−49 000
Total Equity	−13 000	−29 000	1 000
Total Long-Term Debt	31 000	57 000	60 000
Total Current Debt	0	16 000	6 000
Total Equity and Debt	17 000	45 000	67 000

Cash flow (NOK)	2022	2021	2020
Sales Income	448 000	571 000	557 000
Other Income	0	0	0
Revenue	448 000	571 000	557 000
Cost of Goods Sold	196 000	340 000	293 000
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	427 000	598 000	603 000
Operating Profit	21 000	−27 000	−46 000
Financial Income	0	0	0
Financial Costs	6 000	3 000	3 000
Financial Balance	−6 000	−3 000	−3 000
Dividends	0	0	0
Net Income	15 000	−30 000	−49 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	8 000	8 000	1 000
Total Investments	0	0	0
Cash, Bank	2 000	3 000	16 000
Total Current Assets	17 000	45 000	67 000
Total Assets	17 000	45 000	67 000
Total Equity	−13 000	−29 000	1 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	31 000	57 000	60 000
Creditors	0	10 000	5 000
Unpaid Taxes	0	5 000	1 000
Dividends	0	0	0
Other Current Debt	0	0	0
Total Current Debt	0	16 000	6 000
Total Equity and Debt	17 000	45 000	67 000

Financial indicators	2022	2021	2020
Return on Equity	−115,38 %	103,45 %	−4 900 %
Debt-to-Equity Ratio	−2,38	−1,97	60
Operating Profit Margin	4,69 %	−4,73 %	−8,26 %
Current Ratio	-	2,81	11,17
Quick Ratio	−2,13	5,63	13,4
Equity Ratio	−0,76	−0,64	0,01
Gross Profit Margin	56,25 %	40,46 %	47,4 %