VESSELMAN AS

2208 KONGSVINGER

Finances

Share Ownership

Return on Equity

−5,89 %

Current Ratio

1,82

Debt-to-Equity Ratio

2,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 934 000	6 310 000	3 599 000	1 945 000
Net Income	−240 000	84 000	−931 000	−2 612 000
Total Assets	17 193 000	15 662 000	9 016 000	7 513 000
Total Equity	4 077 000	4 047 000	3 963 000	3 654 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 934 000	6 310 000	3 599 000	1 945 000
Expenditure	8 866 000	6 086 000	4 433 000	4 404 000
Operating Profit	68 000	225 000	−834 000	−2 459 000
Financial Income	157 000	50 000	70 000	25 000
Financial Costs	465 000	190 000	168 000	178 000
Financial Balance	−308 000	−140 000	−98 000	−153 000
Earnings Before Tax	−240 000	84 000	−931 000	−2 612 000
Tax	0	0	0	0
Net Income	−240 000	84 000	−931 000	−2 612 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 999 000	9 676 000	7 333 000	3 520 000
Total Current Assets	8 194 000	5 986 000	1 683 000	3 993 000
Total Assets	17 193 000	15 662 000	9 016 000	7 513 000
Total Retained Equity	−4 714 000	−4 473 000	−4 557 000	−3 626 000
Total Equity	4 077 000	4 047 000	3 963 000	3 654 000
Total Long-Term Debt	8 615 000	8 808 000	2 500 000	1 250 000
Total Current Debt	4 500 000	2 807 000	2 553 000	2 609 000
Total Equity and Debt	17 193 000	15 662 000	9 016 000	7 513 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 178 000	5 069 000	2 890 000	1 745 000
Other Income	1 756 000	1 241 000	709 000	200 000
Revenue	8 934 000	6 310 000	3 599 000	1 945 000
Cost of Goods Sold	30 000	0	0	0
Salary Costs	6 759 000	4 167 000	2 265 000	3 105 000
Depreciation	690 000	692 000	490 000	181 000
Impairment	0	0	0	0
Expenditure	8 866 000	6 086 000	4 433 000	4 404 000
Operating Profit	68 000	225 000	−834 000	−2 459 000
Financial Income	157 000	50 000	70 000	25 000
Financial Costs	465 000	190 000	168 000	178 000
Financial Balance	−308 000	−140 000	−98 000	−153 000
Dividends	0	0	0	0
Net Income	−240 000	84 000	−931 000	−2 612 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 193 000	8 878 000	6 540 000	3 205 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	5 000	12 000	19 000
Total Tangible Assets	0	5 000	12 000	19 000
Total Fiancial Fixed Assets	806 000	793 000	780 000	296 000
Total Fixed Assets	8 999 000	9 676 000	7 333 000	3 520 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 408 000	4 033 000	1 187 000	2 979 000
Total Current Assets	8 194 000	5 986 000	1 683 000	3 993 000
Total Assets	17 193 000	15 662 000	9 016 000	7 513 000
Total Equity	4 077 000	4 047 000	3 963 000	3 654 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 615 000	8 808 000	2 500 000	1 250 000
Creditors	370 000	30 000	139 000	180 000
Unpaid Taxes	500 000	555 000	494 000	360 000
Dividends	0	0	0	0
Other Current Debt	3 629 000	2 222 000	1 920 000	2 070 000
Total Current Debt	4 500 000	2 807 000	2 553 000	2 609 000
Total Equity and Debt	17 193 000	15 662 000	9 016 000	7 513 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,89 %	2,08 %	−23,49 %	−71,48 %
Debt-to-Equity Ratio	2,11	2,18	0,63	0,34
Operating Profit Margin	0,76 %	3,57 %	−23,17 %	−126,43 %
Current Ratio	1,82	2,13	0,66	1,53
Quick Ratio	1,82	2,13	0,66	1,53
Equity Ratio	0,24	0,26	0,44	0,49
Gross Profit Margin	99,66 %	100 %	100 %	100 %