VEST CORPORATE ADVISORS AS

5003 BERGEN

Finances

Return on Equity

−5,32 %

Current Ratio

1,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 266 000	5 662 000	6 689 000	9 772 000
Net Income	−10 000	43 000	46 000	−42 000
Total Assets	679 000	749 000	1 190 000	2 340 000
Total Equity	188 000	263 000	331 000	285 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 266 000	5 662 000	6 689 000	9 772 000
Expenditure	4 276 000	5 640 000	6 667 000	9 801 000
Operating Profit	−10 000	23 000	22 000	−28 000
Financial Income	0	35 000	40 000	0
Financial Costs	0	0	0	10 000
Financial Balance	0	35 000	40 000	−10 000
Earnings Before Tax	−10 000	58 000	61 000	−38 000
Tax	0	15 000	15 000	4 000
Net Income	−10 000	43 000	46 000	−42 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 000	45 000	87 000	136 000
Total Current Assets	656 000	704 000	1 103 000	2 204 000
Total Assets	679 000	749 000	1 190 000	2 340 000
Total Retained Equity	5 000	68 000	111 000	65 000
Total Equity	188 000	263 000	331 000	285 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	491 000	486 000	859 000	2 055 000
Total Equity and Debt	679 000	749 000	1 190 000	2 340 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 128 000	5 565 000	6 614 000	9 617 000
Other Income	138 000	97 000	75 000	155 000
Revenue	4 266 000	5 662 000	6 689 000	9 772 000
Cost of Goods Sold	3 459 000	4 584 000	5 568 000	8 001 000
Salary Costs	14 000	10 000	0	461 000
Depreciation	11 000	42 000	101 000	145 000
Impairment	0	0	0	0
Expenditure	4 276 000	5 640 000	6 667 000	9 801 000
Operating Profit	−10 000	23 000	22 000	−28 000
Financial Income	0	35 000	40 000	0
Financial Costs	0	0	0	10 000
Financial Balance	0	35 000	40 000	−10 000
Dividends	0	0	0	0
Net Income	−10 000	43 000	46 000	−42 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	1 000	8 000	60 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	23 000	45 000	79 000	76 000
Total Tangible Assets	23 000	45 000	79 000	76 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	23 000	45 000	87 000	136 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	142 000	350 000	148 000	662 000
Total Current Assets	656 000	704 000	1 103 000	2 204 000
Total Assets	679 000	749 000	1 190 000	2 340 000
Total Equity	188 000	263 000	331 000	285 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	233 000	160 000	617 000	1 918 000
Unpaid Taxes	3 000	55 000	0	37 000
Dividends	0	0	0	0
Other Current Debt	256 000	255 000	227 000	96 000
Total Current Debt	491 000	486 000	859 000	2 055 000
Total Equity and Debt	679 000	749 000	1 190 000	2 340 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,32 %	16,35 %	13,9 %	−14,74 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−0,23 %	0,41 %	0,33 %	−0,29 %
Current Ratio	1,34	1,45	1,28	1,07
Quick Ratio	1,34	1,45	1,28	1,07
Equity Ratio	0,28	0,35	0,28	0,12
Gross Profit Margin	18,92 %	19,04 %	16,76 %	18,12 %