VESTLAND VENTURE AS

0167 OSLO

Finances

Share Ownership

Return on Equity

−209,15 %

Current Ratio

1,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 000	0	700 000	1 318 000
Net Income	−1 303 000	−881 000	−108 000	398 000
Total Assets	3 358 000	159 000	635 000	1 098 000
Total Equity	623 000	−1 074 000	−193 000	−85 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 000	0	700 000	1 318 000
Expenditure	1 321 000	881 000	765 000	785 000
Operating Profit	−1 296 000	−880 000	−65 000	533 000
Financial Income	0	0	0	13 000
Financial Costs	7 000	1 000	0	12 000
Financial Balance	−7 000	−1 000	0	1 000
Earnings Before Tax	−1 303 000	−881 000	−65 000	535 000
Tax	0	0	43 000	136 000
Net Income	−1 303 000	−881 000	−108 000	398 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	44 000	183 000	343 000
Total Current Assets	3 358 000	115 000	452 000	755 000
Total Assets	3 358 000	159 000	635 000	1 098 000
Total Retained Equity	−2 477 000	−1 174 000	−293 000	−185 000
Total Equity	623 000	−1 074 000	−193 000	−85 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 735 000	1 233 000	828 000	1 182 000
Total Equity and Debt	3 358 000	159 000	635 000	1 098 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 000	0	700 000	1 398 000
Other Income	0	0	0	−80 000
Revenue	25 000	0	700 000	1 318 000
Cost of Goods Sold	0	0	0	0
Salary Costs	25 000	1 000	1 000	2 000
Depreciation	44 000	140 000	166 000	165 000
Impairment	0	0	0	0
Expenditure	1 321 000	881 000	765 000	785 000
Operating Profit	−1 296 000	−880 000	−65 000	533 000
Financial Income	0	0	0	13 000
Financial Costs	7 000	1 000	0	12 000
Financial Balance	−7 000	−1 000	0	1 000
Dividends	0	0	0	0
Net Income	−1 303 000	−881 000	−108 000	398 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	33 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	44 000	183 000	310 000
Total Tangible Assets	0	44 000	183 000	310 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	44 000	183 000	343 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	181 000	98 000	443 000	724 000
Total Current Assets	3 358 000	115 000	452 000	755 000
Total Assets	3 358 000	159 000	635 000	1 098 000
Total Equity	623 000	−1 074 000	−193 000	−85 000
Short-Term Group Debt	2 200 000	955 000	670 000	1 114 000
Total Long-Term Debt	0	0	0	0
Creditors	334 000	278 000	147 000	57 000
Unpaid Taxes	0	1 000	1 000	1 000
Dividends	0	0	0	0
Other Current Debt	201 000	0	0	11 000
Total Current Debt	2 735 000	1 233 000	828 000	1 182 000
Total Equity and Debt	3 358 000	159 000	635 000	1 098 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−209,15 %	82,03 %	55,96 %	−468,24 %
Debt-to-Equity Ratio	0	−0	−0	−0
Operating Profit Margin	−5 184 %	-	−9,29 %	40,44 %
Current Ratio	1,23	0,09	0,55	0,64
Quick Ratio	1,23	0,09	0,55	0,64
Equity Ratio	0,19	−6,75	−0,3	−0,08
Gross Profit Margin	100 %	-	100 %	100 %