VESTVIK BUSINESS CONSULTING AS

5517 HAUGESUND

Finances

Return on Equity

9,42 %

Current Ratio

10,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	42 000	53 000	60 000	100 000
Net Income	21 000	36 000	40 000	69 000
Total Assets	239 000	224 000	188 000	173 000
Total Equity	223 000	202 000	166 000	126 000

Income (NOK)	2022	2021	2020	2019
Revenue	42 000	53 000	60 000	100 000
Expenditure	7 000	6 000	15 000	7 000
Operating Profit	35 000	46 000	45 000	93 000
Financial Income	−8 000	0	0	0
Financial Costs	0	0	0	5 000
Financial Balance	−8 000	0	0	−5 000
Earnings Before Tax	27 000	46 000	45 000	88 000
Tax	6 000	10 000	5 000	19 000
Net Income	21 000	36 000	40 000	69 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	70 000	70 000	70 000	20 000
Total Current Assets	169 000	154 000	118 000	153 000
Total Assets	239 000	224 000	188 000	173 000
Total Retained Equity	201 000	180 000	144 000	104 000
Total Equity	223 000	202 000	166 000	126 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	16 000	22 000	22 000	47 000
Total Equity and Debt	239 000	224 000	188 000	173 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	42 000	53 000	60 000	100 000
Other Income	0	0	0	0
Revenue	42 000	53 000	60 000	100 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	7 000	6 000	15 000	7 000
Operating Profit	35 000	46 000	45 000	93 000
Financial Income	−8 000	0	0	0
Financial Costs	0	0	0	5 000
Financial Balance	−8 000	0	0	−5 000
Dividends	0	0	0	0
Net Income	21 000	36 000	40 000	69 000

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	70 000	70 000	70 000	20 000
Total Fixed Assets	70 000	70 000	70 000	20 000
Stock	0	0	0	0
Total Investments	35 000	45 000	45 000	45 000
Cash, Bank	121 000	147 000	42 000	101 000
Total Current Assets	169 000	154 000	118 000	153 000
Total Assets	239 000	224 000	188 000	173 000
Total Equity	223 000	202 000	166 000	126 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	0	0	1 000
Unpaid Taxes	9 000	12 000	12 000	27 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	16 000	22 000	22 000	47 000
Total Equity and Debt	239 000	224 000	188 000	173 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,42 %	17,82 %	24,1 %	54,76 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	83,33 %	86,79 %	75 %	93 %
Current Ratio	10,56	7	5,36	3,26
Quick Ratio	10,56	7	5,36	3,26
Equity Ratio	0,93	0,9	0,88	0,73
Gross Profit Margin	100 %	100 %	100 %	100 %