VESTLANDSKE TRAFIKK AS

6005 ÅLESUND

Finances

Share Ownership

Return on Equity

2,39 %

Current Ratio

0,13

Debt-to-Equity Ratio

2,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 623 000	562 000	481 000	3 577 000
Net Income	8 000	168 000	33 000	41 000
Total Assets	2 982 000	1 861 000	1 590 000	885 000
Total Equity	335 000	327 000	158 000	126 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 623 000	562 000	481 000	3 577 000
Expenditure	1 569 000	336 000	433 000	3 515 000
Operating Profit	54 000	226 000	48 000	62 000
Financial Income	0	4 000	0	0
Financial Costs	39 000	12 000	6 000	9 000
Financial Balance	−39 000	−8 000	−6 000	−9 000
Earnings Before Tax	16 000	218 000	42 000	53 000
Tax	7 000	49 000	9 000	12 000
Net Income	8 000	168 000	33 000	41 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 764 000	1 677 000	1 010 000	133 000
Total Current Assets	218 000	185 000	580 000	752 000
Total Assets	2 982 000	1 861 000	1 590 000	885 000
Total Retained Equity	313 000	304 000	136 000	103 000
Total Equity	335 000	327 000	158 000	126 000
Total Long-Term Debt	927 000	340 000	75 000	127 000
Total Current Debt	1 720 000	1 195 000	1 357 000	632 000
Total Equity and Debt	2 982 000	1 861 000	1 590 000	885 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 623 000	532 000	481 000	3 577 000
Other Income	0	30 000	0	0
Revenue	1 623 000	562 000	481 000	3 577 000
Cost of Goods Sold	38 000	−126 000	106 000	2 436 000
Salary Costs	59 000	0	43 000	1 000
Depreciation	280 000	294 000	64 000	64 000
Impairment	0	0	0	0
Expenditure	1 569 000	336 000	433 000	3 515 000
Operating Profit	54 000	226 000	48 000	62 000
Financial Income	0	4 000	0	0
Financial Costs	39 000	12 000	6 000	9 000
Financial Balance	−39 000	−8 000	−6 000	−9 000
Dividends	0	0	0	0
Net Income	8 000	168 000	33 000	41 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	4 000	12 000	6 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	26 000	0	0	0
Fixtures	292 000	336 000	63 000	127 000
Total Tangible Assets	2 709 000	1 673 000	998 000	127 000
Total Fiancial Fixed Assets	55 000	0	0	0
Total Fixed Assets	2 764 000	1 677 000	1 010 000	133 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	124 000	13 000	0	1 000
Total Current Assets	218 000	185 000	580 000	752 000
Total Assets	2 982 000	1 861 000	1 590 000	885 000
Total Equity	335 000	327 000	158 000	126 000
Short-Term Group Debt	0	0	0	40 000
Total Long-Term Debt	927 000	340 000	75 000	127 000
Creditors	1 086 000	1 132 000	1 322 000	576 000
Unpaid Taxes	3 000	0	15 000	1 000
Dividends	0	0	0	0
Other Current Debt	631 000	21 000	4 000	0
Total Current Debt	1 720 000	1 195 000	1 357 000	632 000
Total Equity and Debt	2 982 000	1 861 000	1 590 000	885 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,39 %	51,38 %	20,89 %	32,54 %
Debt-to-Equity Ratio	2,77	1,04	0,47	1,01
Operating Profit Margin	3,33 %	40,21 %	9,98 %	1,73 %
Current Ratio	0,13	0,15	0,43	1,19
Quick Ratio	0,13	0,15	0,43	1,19
Equity Ratio	0,11	0,18	0,1	0,14
Gross Profit Margin	97,66 %	122,42 %	77,96 %	31,9 %