VESTLAND PADEL AS

5151 STRAUMSGREND

Finances

Return on Equity

−3 153,85 %

Current Ratio

0,79

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	810 000	0	0
Net Income	410 000	−429 000	−14 000
Total Assets	5 055 000	1 216 000	1 288 000
Total Equity	−13 000	−423 000	6 000

Income (NOK)	2022	2021	2020
Revenue	810 000	0	0
Expenditure	397 000	429 000	14 000
Operating Profit	413 000	−429 000	−14 000
Financial Income	1 000	0	0
Financial Costs	4 000	0	0
Financial Balance	−3 000	0	0
Earnings Before Tax	410 000	−429 000	−14 000
Tax	0	0	0
Net Income	410 000	−429 000	−14 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 030 000	30 000	30 000
Total Current Assets	4 025 000	1 186 000	1 258 000
Total Assets	5 055 000	1 216 000	1 288 000
Total Retained Equity	−33 000	−443 000	−14 000
Total Equity	−13 000	−423 000	6 000
Total Long-Term Debt	0	0	0
Total Current Debt	5 068 000	1 639 000	1 282 000
Total Equity and Debt	5 055 000	1 216 000	1 288 000

Cash flow (NOK)	2022	2021	2020
Sales Income	60 000	0	0
Other Income	750 000	0	0
Revenue	810 000	0	0
Cost of Goods Sold	2 000	0	0
Salary Costs	0	1 000	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	397 000	429 000	14 000
Operating Profit	413 000	−429 000	−14 000
Financial Income	1 000	0	0
Financial Costs	4 000	0	0
Financial Balance	−3 000	0	0
Dividends	0	0	0
Net Income	410 000	−429 000	−14 000

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	1 030 000	30 000	30 000
Total Fixed Assets	1 030 000	30 000	30 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 328 000	565 000	14 000
Total Current Assets	4 025 000	1 186 000	1 258 000
Total Assets	5 055 000	1 216 000	1 288 000
Total Equity	−13 000	−423 000	6 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	887 000	9 000	2 000
Unpaid Taxes	15 000	0	0
Dividends	0	0	0
Other Current Debt	4 166 000	1 630 000	1 280 000
Total Current Debt	5 068 000	1 639 000	1 282 000
Total Equity and Debt	5 055 000	1 216 000	1 288 000

Financial indicators	2022	2021	2020
Return on Equity	−3 153,85 %	101,42 %	−233,33 %
Debt-to-Equity Ratio	−0	−0	0
Operating Profit Margin	50,99 %	-	-
Current Ratio	0,79	0,72	0,98
Quick Ratio	0,79	0,72	0,98
Equity Ratio	−0	−0,35	0
Gross Profit Margin	99,75 %	-	-