VISTNESVEIEN AS

4017 STAVANGER

Finances

Share Ownership

Return on Equity

903,63 %

Current Ratio

1,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	50 213 000	68 948 000	0	3 000
Net Income	8 223 000	16 614 000	−559 000	−1 000
Total Assets	13 105 000	25 883 000	38 860 000	18 418 000
Total Equity	910 000	2 561 000	1 947 000	1 960 000

Income (NOK)	2022	2021	2020	2019
Revenue	50 213 000	68 948 000	0	3 000
Expenditure	39 659 000	47 382 000	686 000	5 000
Operating Profit	10 554 000	21 566 000	−686 000	−2 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	10 000	252 000	33 000	0
Financial Balance	−9 000	−251 000	−32 000	0
Earnings Before Tax	10 545 000	21 315 000	−717 000	−1 000
Tax	2 322 000	4 701 000	−158 000	0
Net Income	8 223 000	16 614 000	−559 000	−1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	4 000	0
Total Current Assets	13 105 000	25 883 000	38 856 000	18 418 000
Total Assets	13 105 000	25 883 000	38 860 000	18 418 000
Total Retained Equity	0	0	−677 000	−118 000
Total Equity	910 000	2 561 000	1 947 000	1 960 000
Total Long-Term Debt	0	0	16 054 000	16 054 000
Total Current Debt	12 196 000	23 322 000	20 859 000	403 000
Total Equity and Debt	13 105 000	25 883 000	38 860 000	18 418 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	50 213 000	68 948 000	0	3 000
Other Income	0	0	0	0
Revenue	50 213 000	68 948 000	0	3 000
Cost of Goods Sold	38 676 000	47 150 000	−32 000	3 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	39 659 000	47 382 000	686 000	5 000
Operating Profit	10 554 000	21 566 000	−686 000	−2 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	10 000	252 000	33 000	0
Financial Balance	−9 000	−251 000	−32 000	0
Dividends	1 641 000	16 000 000	0	0
Net Income	8 223 000	16 614 000	−559 000	−1 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	4 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	4 000	0
Stock	0	21 952 000	37 994 000	15 240 000
Total Investments	0	0	0	0
Cash, Bank	810 000	35 000	151 000	1 166 000
Total Current Assets	13 105 000	25 883 000	38 856 000	18 418 000
Total Assets	13 105 000	25 883 000	38 860 000	18 418 000
Total Equity	910 000	2 561 000	1 947 000	1 960 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	16 054 000	16 054 000
Creditors	0	2 636 000	9 697 000	203 000
Unpaid Taxes	0	0	0	0
Dividends	1 641 000	16 000 000	0	0
Other Current Debt	10 555 000	0	300 000	200 000
Total Current Debt	12 196 000	23 322 000	20 859 000	403 000
Total Equity and Debt	13 105 000	25 883 000	38 860 000	18 418 000

Financial indicators	2022	2021	2020	2019
Return on Equity	903,63 %	648,73 %	−28,71 %	−0,05 %
Debt-to-Equity Ratio	0	0	8,25	8,19
Operating Profit Margin	21,02 %	31,28 %	-	−66,67 %
Current Ratio	1,07	1,11	1,86	45,7
Quick Ratio	1,07	18,89	−2,27	−1,24
Equity Ratio	0,07	0,1	0,05	0,11
Gross Profit Margin	22,98 %	31,62 %	-	0 %