VESTENGEN AS

0283 OSLO

Finances

Return on Equity

15,58 %

Current Ratio

3,91

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 260 000	1 401 000	678 000	425 000
Net Income	1 002 000	7 400 000	−418 000	106 000
Total Assets	8 646 000	7 743 000	1 955 000	2 217 000
Total Equity	6 432 000	5 430 000	1 729 000	2 147 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 260 000	1 401 000	678 000	425 000
Expenditure	753 000	824 000	771 000	363 000
Operating Profit	508 000	577 000	−93 000	62 000
Financial Income	546 000	6 829 000	0	134 000
Financial Costs	51 000	7 000	325 000	90 000
Financial Balance	495 000	6 822 000	−325 000	44 000
Earnings Before Tax	1 002 000	7 400 000	−418 000	106 000
Tax	0	0	0	0
Net Income	1 002 000	7 400 000	−418 000	106 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	300 000	1 025 000	1 325 000
Total Current Assets	8 646 000	7 443 000	930 000	892 000
Total Assets	8 646 000	7 743 000	1 955 000	2 217 000
Total Retained Equity	5 177 000	4 175 000	−1 225 000	−807 000
Total Equity	6 432 000	5 430 000	1 729 000	2 147 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 213 000	2 313 000	226 000	70 000
Total Equity and Debt	8 646 000	7 743 000	1 955 000	2 217 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 260 000	1 555 000	549 000	425 000
Other Income	0	−155 000	130 000	0
Revenue	1 260 000	1 401 000	678 000	425 000
Cost of Goods Sold	0	0	0	0
Salary Costs	724 000	790 000	749 000	335 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	753 000	824 000	771 000	363 000
Operating Profit	508 000	577 000	−93 000	62 000
Financial Income	546 000	6 829 000	0	134 000
Financial Costs	51 000	7 000	325 000	90 000
Financial Balance	495 000	6 822 000	−325 000	44 000
Dividends	0	2 000 000	0	0
Net Income	1 002 000	7 400 000	−418 000	106 000

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	300 000	1 025 000	1 325 000
Total Fixed Assets	0	300 000	1 025 000	1 325 000
Stock	0	0	0	0
Total Investments	7 567 000	7 072 000	249 000	274 000
Cash, Bank	1 078 000	371 000	551 000	611 000
Total Current Assets	8 646 000	7 443 000	930 000	892 000
Total Assets	8 646 000	7 743 000	1 955 000	2 217 000
Total Equity	6 432 000	5 430 000	1 729 000	2 147 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	98 000	125 000	106 000	28 000
Dividends	0	2 000 000	0	0
Other Current Debt	2 116 000	2 188 000	120 000	42 000
Total Current Debt	2 213 000	2 313 000	226 000	70 000
Total Equity and Debt	8 646 000	7 743 000	1 955 000	2 217 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,58 %	136,28 %	−24,18 %	4,94 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	40,32 %	41,18 %	−13,72 %	14,59 %
Current Ratio	3,91	3,22	4,12	12,74
Quick Ratio	3,91	3,22	4,12	12,74
Equity Ratio	0,74	0,7	0,88	0,97
Gross Profit Margin	100 %	100 %	100 %	100 %