VESTSKJER AS

5423 BRANDASUND

Finances

Share Ownership

Return on Equity

63,4 %

Current Ratio

1,85

Debt-to-Equity Ratio

−7,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 878 000	412 000	1 713 000	1 933 000
Net Income	−97 000	−415 000	−215 000	118 000
Total Assets	1 342 000	1 335 000	1 654 000	2 179 000
Total Equity	−153 000	−57 000	358 000	574 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 878 000	412 000	1 713 000	1 933 000
Expenditure	1 913 000	779 000	1 878 000	1 744 000
Operating Profit	−36 000	−367 000	−165 000	188 000
Financial Income	3 000	3 000	4 000	0
Financial Costs	64 000	51 000	54 000	70 000
Financial Balance	−61 000	−48 000	−50 000	−70 000
Earnings Before Tax	−97 000	−415 000	−215 000	118 000
Tax	0	0	0	0
Net Income	−97 000	−415 000	−215 000	118 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	705 000	1 042 000	1 380 000	1 599 000
Total Current Assets	637 000	293 000	274 000	580 000
Total Assets	1 342 000	1 335 000	1 654 000	2 179 000
Total Retained Equity	−891 000	−795 000	−380 000	−164 000
Total Equity	−153 000	−57 000	358 000	574 000
Total Long-Term Debt	1 151 000	1 256 000	1 013 000	1 233 000
Total Current Debt	344 000	135 000	283 000	373 000
Total Equity and Debt	1 342 000	1 335 000	1 654 000	2 179 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 866 000	394 000	1 699 000	1 915 000
Other Income	12 000	18 000	14 000	18 000
Revenue	1 878 000	412 000	1 713 000	1 933 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 145 000	50 000	1 180 000	1 228 000
Depreciation	338 000	338 000	338 000	305 000
Impairment	0	0	0	0
Expenditure	1 913 000	779 000	1 878 000	1 744 000
Operating Profit	−36 000	−367 000	−165 000	188 000
Financial Income	3 000	3 000	4 000	0
Financial Costs	64 000	51 000	54 000	70 000
Financial Balance	−61 000	−48 000	−50 000	−70 000
Dividends	0	0	0	0
Net Income	−97 000	−415 000	−215 000	118 000

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	52 000	100 000	147 000	76 000
Total Tangible Assets	705 000	1 042 000	1 380 000	1 599 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	705 000	1 042 000	1 380 000	1 599 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	606 000	235 000	255 000	561 000
Total Current Assets	637 000	293 000	274 000	580 000
Total Assets	1 342 000	1 335 000	1 654 000	2 179 000
Total Equity	−153 000	−57 000	358 000	574 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 151 000	1 256 000	1 013 000	1 233 000
Creditors	29 000	31 000	13 000	21 000
Unpaid Taxes	210 000	0	191 000	272 000
Dividends	0	0	0	0
Other Current Debt	105 000	104 000	79 000	80 000
Total Current Debt	344 000	135 000	283 000	373 000
Total Equity and Debt	1 342 000	1 335 000	1 654 000	2 179 000

Financial indicators	2022	2021	2020	2019
Return on Equity	63,4 %	728,07 %	−60,06 %	20,56 %
Debt-to-Equity Ratio	−7,52	−22,04	2,83	2,15
Operating Profit Margin	−1,92 %	−89,08 %	−9,63 %	9,73 %
Current Ratio	1,85	2,17	0,97	1,55
Quick Ratio	1,85	2,17	0,97	1,55
Equity Ratio	−0,11	−0,04	0,22	0,26
Gross Profit Margin	100 %	100 %	100 %	100 %