VEST PROSJEKTSERVICE AS

5379 STEINSLAND

Finances

Share Ownership

Return on Equity

48,04 %

Current Ratio

1,18

Debt-to-Equity Ratio

1,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 856 000	3 854 000	4 247 000	3 058 000
Net Income	147 000	181 000	−56 000	0
Total Assets	1 211 000	1 908 000	995 000	898 000
Total Equity	306 000	159 000	−21 000	34 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 856 000	3 854 000	4 247 000	3 058 000
Expenditure	1 583 000	3 577 000	4 259 000	3 007 000
Operating Profit	273 000	277 000	−12 000	51 000
Financial Income	1 000	2 000	0	0
Financial Costs	81 000	48 000	60 000	46 000
Financial Balance	−80 000	−46 000	−60 000	−46 000
Earnings Before Tax	193 000	231 000	−71 000	4 000
Tax	46 000	51 000	−16 000	4 000
Net Income	147 000	181 000	−56 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	749 000	960 000	317 000	288 000
Total Current Assets	462 000	948 000	678 000	609 000
Total Assets	1 211 000	1 908 000	995 000	898 000
Total Retained Equity	276 000	129 000	−51 000	4 000
Total Equity	306 000	159 000	−21 000	34 000
Total Long-Term Debt	511 000	650 000	309 000	323 000
Total Current Debt	393 000	1 099 000	707 000	540 000
Total Equity and Debt	1 211 000	1 908 000	995 000	898 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 862 000	3 849 000	4 247 000	3 058 000
Other Income	−7 000	5 000	0	0
Revenue	1 856 000	3 854 000	4 247 000	3 058 000
Cost of Goods Sold	984 000	1 450 000	2 281 000	1 570 000
Salary Costs	−36 000	1 258 000	1 310 000	974 000
Depreciation	150 000	129 000	63 000	12 000
Impairment	0	0	0	0
Expenditure	1 583 000	3 577 000	4 259 000	3 007 000
Operating Profit	273 000	277 000	−12 000	51 000
Financial Income	1 000	2 000	0	0
Financial Costs	81 000	48 000	60 000	46 000
Financial Balance	−80 000	−46 000	−60 000	−46 000
Dividends	0	0	0	0
Net Income	147 000	181 000	−56 000	0

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	11 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	61 000	77 000	0
Fixtures	399 000	549 000	228 000	288 000
Total Tangible Assets	399 000	610 000	306 000	288 000
Total Fiancial Fixed Assets	350 000	350 000	0	0
Total Fixed Assets	749 000	960 000	317 000	288 000
Stock	0	70 000	0	0
Total Investments	0	0	0	0
Cash, Bank	35 000	366 000	303 000	182 000
Total Current Assets	462 000	948 000	678 000	609 000
Total Assets	1 211 000	1 908 000	995 000	898 000
Total Equity	306 000	159 000	−21 000	34 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	511 000	650 000	309 000	323 000
Creditors	35 000	42 000	232 000	174 000
Unpaid Taxes	0	177 000	80 000	106 000
Dividends	0	0	0	0
Other Current Debt	301 000	861 000	396 000	260 000
Total Current Debt	393 000	1 099 000	707 000	540 000
Total Equity and Debt	1 211 000	1 908 000	995 000	898 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,04 %	113,84 %	266,67 %	0 %
Debt-to-Equity Ratio	1,67	4,09	−14,71	9,5
Operating Profit Margin	14,71 %	7,19 %	−0,28 %	1,67 %
Current Ratio	1,18	0,86	0,96	1,13
Quick Ratio	1,18	0,92	0,96	1,13
Equity Ratio	0,25	0,08	−0,02	0,04
Gross Profit Margin	46,98 %	62,38 %	46,29 %	48,66 %