TOTAL VEKST AS

4900 TVEDESTRAND

Finances

Return on Equity

104,37 %

Current Ratio

0,31

Debt-to-Equity Ratio

−0,9

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 162 000	5 255 000	3 663 000	2 954 000
Net Income	−1 217 000	75 000	−921 000	−1 184 000
Total Assets	1 851 000	2 267 000	2 158 000	3 454 000
Total Equity	−1 166 000	51 000	−24 000	−1 103 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 162 000	5 255 000	3 663 000	2 954 000
Expenditure	7 503 000	5 088 000	4 474 000	4 049 000
Operating Profit	−2 342 000	167 000	−811 000	−1 095 000
Financial Income	2 170 000	0	0	0
Financial Costs	1 045 000	92 000	110 000	89 000
Financial Balance	1 125 000	−92 000	−110 000	−89 000
Earnings Before Tax	−1 217 000	75 000	−921 000	−1 184 000
Tax	0	0	0	0
Net Income	−1 217 000	75 000	−921 000	−1 184 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 235 000	652 000	716 000	1 895 000
Total Current Assets	615 000	1 616 000	1 443 000	1 559 000
Total Assets	1 851 000	2 267 000	2 158 000	3 454 000
Total Retained Equity	−3 207 000	−1 990 000	−2 065 000	−1 143 000
Total Equity	−1 166 000	51 000	−24 000	−1 103 000
Total Long-Term Debt	1 050 000	1 352 000	1 537 000	1 336 000
Total Current Debt	1 966 000	865 000	646 000	3 221 000
Total Equity and Debt	1 851 000	2 267 000	2 158 000	3 454 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 158 000	5 255 000	3 663 000	2 954 000
Other Income	4 000	0	0	0
Revenue	5 162 000	5 255 000	3 663 000	2 954 000
Cost of Goods Sold	2 544 000	1 129 000	1 233 000	1 386 000
Salary Costs	824 000	541 000	17 000	372 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	7 503 000	5 088 000	4 474 000	4 049 000
Operating Profit	−2 342 000	167 000	−811 000	−1 095 000
Financial Income	2 170 000	0	0	0
Financial Costs	1 045 000	92 000	110 000	89 000
Financial Balance	1 125 000	−92 000	−110 000	−89 000
Dividends	0	0	0	0
Net Income	−1 217 000	75 000	−921 000	−1 184 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	50 000	100 000	150 000	200 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	50 000	100 000	150 000	200 000
Total Fiancial Fixed Assets	1 185 000	552 000	566 000	1 695 000
Total Fixed Assets	1 235 000	652 000	716 000	1 895 000
Stock	0	1 100 000	1 100 000	1 250 000
Total Investments	0	0	0	0
Cash, Bank	6 000	93 000	46 000	125 000
Total Current Assets	615 000	1 616 000	1 443 000	1 559 000
Total Assets	1 851 000	2 267 000	2 158 000	3 454 000
Total Equity	−1 166 000	51 000	−24 000	−1 103 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 050 000	1 352 000	1 537 000	1 336 000
Creditors	458 000	240 000	170 000	344 000
Unpaid Taxes	30 000	126 000	54 000	27 000
Dividends	0	0	0	0
Other Current Debt	360 000	499 000	421 000	2 850 000
Total Current Debt	1 966 000	865 000	646 000	3 221 000
Total Equity and Debt	1 851 000	2 267 000	2 158 000	3 454 000

Financial indicators	2022	2021	2020	2019
Return on Equity	104,37 %	147,06 %	3 837,5 %	107,34 %
Debt-to-Equity Ratio	−0,9	26,51	−64,04	−1,21
Operating Profit Margin	−45,37 %	3,18 %	−22,14 %	−37,07 %
Current Ratio	0,31	1,87	2,23	0,48
Quick Ratio	0,31	−6,88	−3,18	0,79
Equity Ratio	−0,63	0,02	−0,01	−0,32
Gross Profit Margin	50,72 %	78,52 %	66,34 %	53,08 %