VESTASKJÆR AS

7266 KVERVA

Finances

Share Ownership

Return on Equity

−9,3 %

Current Ratio

2,78

Debt-to-Equity Ratio

0,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 501 000	1 222 000	570 000	1 766 000
Net Income	−382 000	−14 000	−1 800 000	−173 000
Total Assets	6 401 000	7 044 000	6 702 000	9 029 000
Total Equity	4 109 000	4 492 000	4 505 000	6 455 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 501 000	1 222 000	570 000	1 766 000
Expenditure	1 938 000	1 702 000	2 501 000	1 986 000
Operating Profit	−437 000	−480 000	−1 932 000	−221 000
Financial Income	0	369 000	1 000	3 000
Financial Costs	53 000	11 000	2 000	4 000
Financial Balance	−53 000	358 000	−1 000	−1 000
Earnings Before Tax	−490 000	−122 000	−1 933 000	−221 000
Tax	−108 000	−108 000	−133 000	−49 000
Net Income	−382 000	−14 000	−1 800 000	−173 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 789 000	6 042 000	4 443 000	4 310 000
Total Current Assets	612 000	1 002 000	2 259 000	4 719 000
Total Assets	6 401 000	7 044 000	6 702 000	9 029 000
Total Retained Equity	3 303 000	3 686 000	3 699 000	5 649 000
Total Equity	4 109 000	4 492 000	4 505 000	6 455 000
Total Long-Term Debt	2 072 000	2 366 000	1 445 000	1 790 000
Total Current Debt	220 000	187 000	752 000	785 000
Total Equity and Debt	6 401 000	7 044 000	6 702 000	9 029 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 269 000	1 222 000	432 000	662 000
Other Income	232 000	0	137 000	1 103 000
Revenue	1 501 000	1 222 000	570 000	1 766 000
Cost of Goods Sold	767 000	756 000	3 000	4 000
Salary Costs	9 000	2 000	111 000	551 000
Depreciation	458 000	444 000	442 000	433 000
Impairment	0	0	0	0
Expenditure	1 938 000	1 702 000	2 501 000	1 986 000
Operating Profit	−437 000	−480 000	−1 932 000	−221 000
Financial Income	0	369 000	1 000	3 000
Financial Costs	53 000	11 000	2 000	4 000
Financial Balance	−53 000	358 000	−1 000	−1 000
Dividends	0	0	0	0
Net Income	−382 000	−14 000	−1 800 000	−173 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 557 000	3 701 000	1 810 000	1 397 000
Machinery and Plant Facilities	283 000	184 000	211 000	233 000
Fixtures	0	0	70 000	146 000
Total Tangible Assets	5 789 000	6 042 000	4 193 000	4 060 000
Total Fiancial Fixed Assets	0	0	250 000	250 000
Total Fixed Assets	5 789 000	6 042 000	4 443 000	4 310 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	334 000	352 000	2 230 000	3 048 000
Total Current Assets	612 000	1 002 000	2 259 000	4 719 000
Total Assets	6 401 000	7 044 000	6 702 000	9 029 000
Total Equity	4 109 000	4 492 000	4 505 000	6 455 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 072 000	2 366 000	1 445 000	1 790 000
Creditors	43 000	36 000	10 000	337 000
Unpaid Taxes	0	0	−99 000	151 000
Dividends	0	0	0	0
Other Current Debt	71 000	0	630 000	212 000
Total Current Debt	220 000	187 000	752 000	785 000
Total Equity and Debt	6 401 000	7 044 000	6 702 000	9 029 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,3 %	−0,31 %	−39,96 %	−2,68 %
Debt-to-Equity Ratio	0,5	0,53	0,32	0,28
Operating Profit Margin	−29,11 %	−39,28 %	−338,95 %	−12,51 %
Current Ratio	2,78	5,36	3	6,01
Quick Ratio	2,78	5,36	3	6,01
Equity Ratio	0,64	0,64	0,67	0,71
Gross Profit Margin	48,9 %	38,13 %	99,47 %	99,77 %