VESTLAND ASFALT AS

5097 BERGEN

Finances

Share Ownership

Return on Equity

44,25 %

Current Ratio

1,63

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020
Revenue	3 046 000	2 454 000	2 098 000
Net Income	335 000	384 000	8 000
Total Assets	1 914 000	1 332 000	400 000
Total Equity	757 000	422 000	38 000

Income (NOK)	2022	2021	2020
Revenue	3 046 000	2 454 000	2 098 000
Expenditure	2 615 000	1 956 000	2 088 000
Operating Profit	431 000	498 000	11 000
Financial Income	0	0	0
Financial Costs	2 000	5 000	0
Financial Balance	−2 000	−5 000	0
Earnings Before Tax	429 000	493 000	10 000
Tax	94 000	108 000	2 000
Net Income	335 000	384 000	8 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	33 000	15 000	0
Total Current Assets	1 881 000	1 317 000	400 000
Total Assets	1 914 000	1 332 000	400 000
Total Retained Equity	727 000	392 000	8 000
Total Equity	757 000	422 000	38 000
Total Long-Term Debt	4 000	0	0
Total Current Debt	1 152 000	909 000	362 000
Total Equity and Debt	1 914 000	1 332 000	400 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 046 000	2 454 000	2 098 000
Other Income	0	0	0
Revenue	3 046 000	2 454 000	2 098 000
Cost of Goods Sold	443 000	386 000	1 379 000
Salary Costs	1 843 000	1 282 000	461 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	2 615 000	1 956 000	2 088 000
Operating Profit	431 000	498 000	11 000
Financial Income	0	0	0
Financial Costs	2 000	5 000	0
Financial Balance	−2 000	−5 000	0
Dividends	0	0	0
Net Income	335 000	384 000	8 000

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	18 000	0	0
Total Tangible Assets	18 000	0	0
Total Fiancial Fixed Assets	15 000	15 000	0
Total Fixed Assets	33 000	15 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	357 000	447 000	122 000
Total Current Assets	1 881 000	1 317 000	400 000
Total Assets	1 914 000	1 332 000	400 000
Total Equity	757 000	422 000	38 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	4 000	0	0
Creditors	0	1 000	170 000
Unpaid Taxes	736 000	517 000	135 000
Dividends	0	0	0
Other Current Debt	326 000	283 000	55 000
Total Current Debt	1 152 000	909 000	362 000
Total Equity and Debt	1 914 000	1 332 000	400 000

Financial indicators	2022	2021	2020
Return on Equity	44,25 %	91 %	21,05 %
Debt-to-Equity Ratio	0,01	0	0
Operating Profit Margin	14,15 %	20,29 %	0,52 %
Current Ratio	1,63	1,45	1,1
Quick Ratio	1,63	1,45	1,1
Equity Ratio	0,4	0,32	0,1
Gross Profit Margin	85,46 %	84,27 %	34,27 %