VESTVANG BOKHANDEL AS

6090 FOSNAVÅG

Finances

Return on Equity

10,53 %

Current Ratio

1,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 521 000	7 777 000	7 849 000	7 936 000
Net Income	40 000	4 000	−9 000	85 000
Total Assets	2 829 000	2 656 000	2 385 000	2 487 000
Total Equity	380 000	340 000	336 000	344 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 521 000	7 777 000	7 849 000	7 936 000
Expenditure	11 403 000	7 674 000	7 758 000	7 740 000
Operating Profit	118 000	103 000	91 000	196 000
Financial Income	0	0	1 000	2 000
Financial Costs	78 000	99 000	100 000	112 000
Financial Balance	−78 000	−99 000	−99 000	−110 000
Earnings Before Tax	40 000	4 000	−9 000	85 000
Tax	0	0	0	0
Net Income	40 000	4 000	−9 000	85 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	40 000	12 000	15 000	18 000
Total Current Assets	2 789 000	2 645 000	2 370 000	2 468 000
Total Assets	2 829 000	2 656 000	2 385 000	2 487 000
Total Retained Equity	−600 000	−640 000	−644 000	−636 000
Total Equity	380 000	340 000	336 000	344 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 449 000	2 316 000	2 049 000	2 142 000
Total Equity and Debt	2 829 000	2 656 000	2 385 000	2 487 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 521 000	7 758 000	7 823 000	7 882 000
Other Income	0	19 000	26 000	54 000
Revenue	11 521 000	7 777 000	7 849 000	7 936 000
Cost of Goods Sold	8 225 000	4 896 000	5 182 000	5 222 000
Salary Costs	2 353 000	2 119 000	1 944 000	1 817 000
Depreciation	8 000	3 000	3 000	3 000
Impairment	0	0	0	0
Expenditure	11 403 000	7 674 000	7 758 000	7 740 000
Operating Profit	118 000	103 000	91 000	196 000
Financial Income	0	0	1 000	2 000
Financial Costs	78 000	99 000	100 000	112 000
Financial Balance	−78 000	−99 000	−99 000	−110 000
Dividends	0	0	0	0
Net Income	40 000	4 000	−9 000	85 000

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	20 000	2 000	5 000	8 000
Total Tangible Assets	20 000	2 000	5 000	8 000
Total Fiancial Fixed Assets	20 000	10 000	10 000	10 000
Total Fixed Assets	40 000	12 000	15 000	18 000
Stock	2 158 000	2 172 000	1 868 000	1 893 000
Total Investments	0	0	0	0
Cash, Bank	84 000	80 000	77 000	71 000
Total Current Assets	2 789 000	2 645 000	2 370 000	2 468 000
Total Assets	2 829 000	2 656 000	2 385 000	2 487 000
Total Equity	380 000	340 000	336 000	344 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 073 000	946 000	665 000	778 000
Unpaid Taxes	220 000	136 000	177 000	218 000
Dividends	0	0	0	0
Other Current Debt	160 000	212 000	219 000	182 000
Total Current Debt	2 449 000	2 316 000	2 049 000	2 142 000
Total Equity and Debt	2 829 000	2 656 000	2 385 000	2 487 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,53 %	1,18 %	−2,68 %	24,71 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,02 %	1,32 %	1,16 %	2,47 %
Current Ratio	1,14	1,14	1,16	1,15
Quick Ratio	9,58	18,37	13,09	9,91
Equity Ratio	0,13	0,13	0,14	0,14
Gross Profit Margin	28,61 %	37,05 %	33,98 %	34,2 %