VESTLAND BIL AS

5145 FYLLINGSDALEN

Finances

Share Ownership

Return on Equity

87,94 %

Current Ratio

2,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 786 000	2 528 000	833 000	0
Net Income	401 000	290 000	165 000	0
Total Assets	797 000	444 000	190 000	0
Total Equity	456 000	56 000	−235 000	−400 000

Income (NOK)	2022	2021	2020
Revenue	1 786 000	2 528 000	833 000
Expenditure	1 276 000	2 238 000	667 000
Operating Profit	510 000	290 000	165 000
Financial Income	0	1 000	0
Financial Costs	1 000	0	0
Financial Balance	−1 000	1 000	0
Earnings Before Tax	509 000	290 000	165 000
Tax	108 000	0	0
Net Income	401 000	290 000	165 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	85 000	137 000	0	0
Total Current Assets	712 000	306 000	190 000	0
Total Assets	797 000	444 000	190 000	0
Total Retained Equity	426 000	26 000	−265 000	−430 000
Total Equity	456 000	56 000	−235 000	−400 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	340 000	388 000	424 000	400 000
Total Equity and Debt	797 000	444 000	190 000	0

Cash flow (NOK)	2022	2021	2020
Sales Income	1 786 000	2 528 000	833 000
Other Income	0	0	0
Revenue	1 786 000	2 528 000	833 000
Cost of Goods Sold	1 030 000	2 011 000	523 000
Salary Costs	114 000	27 000	0
Depreciation	11 000	0	0
Impairment	0	0	0
Expenditure	1 276 000	2 238 000	667 000
Operating Profit	510 000	290 000	165 000
Financial Income	0	1 000	0
Financial Costs	1 000	0	0
Financial Balance	−1 000	1 000	0
Dividends	0	0	0
Net Income	401 000	290 000	165 000

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	44 000	0	0	0
Total Tangible Assets	44 000	0	0	0
Total Fiancial Fixed Assets	41 000	137 000	0	0
Total Fixed Assets	85 000	137 000	0	0
Stock	479 000	108 000	108 000	0
Total Investments	0	0	0	0
Cash, Bank	84 000	193 000	74 000	0
Total Current Assets	712 000	306 000	190 000	0
Total Assets	797 000	444 000	190 000	0
Total Equity	456 000	56 000	−235 000	−400 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	9 000	36 000	23 000	0
Unpaid Taxes	27 000	−14 000	−10 000	12 000
Dividends	0	0	0	0
Other Current Debt	197 000	366 000	412 000	388 000
Total Current Debt	340 000	388 000	424 000	400 000
Total Equity and Debt	797 000	444 000	190 000	0

Financial indicators	2022	2021	2020	2019
Return on Equity	87,94 %	517,86 %	−70,21 %	−0 %
Debt-to-Equity Ratio	0	0	−0	−0
Operating Profit Margin	28,56 %	11,47 %	19,81 %	-
Current Ratio	2,09	0,79	0,45	0
Quick Ratio	−5,12	1,09	0,6	0
Equity Ratio	0,57	0,13	−1,24	-
Gross Profit Margin	42,33 %	20,45 %	37,21 %	-