VSB - VASK STYRK BEVAR AS

7770 FLATANGER

Finances

Share Ownership

Return on Equity

13,7 %

Current Ratio

7,77

Debt-to-Equity Ratio

−1,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 000	120 000	126 000	125 000
Net Income	−53 000	9 000	−46 000	1 000
Total Assets	101 000	142 000	157 000	209 000
Total Equity	−387 000	−334 000	−343 000	−297 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 000	120 000	126 000	125 000
Expenditure	62 000	109 000	168 000	118 000
Operating Profit	−41 000	11 000	−42 000	8 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	4 000	7 000
Financial Balance	0	−2 000	−4 000	−7 000
Earnings Before Tax	−41 000	9 000	−46 000	1 000
Tax	12 000	0	0	0
Net Income	−53 000	9 000	−46 000	1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	4 000	12 000	46 000
Total Current Assets	101 000	138 000	145 000	163 000
Total Assets	101 000	142 000	157 000	209 000
Total Retained Equity	−512 000	−459 000	−467 000	−421 000
Total Equity	−387 000	−334 000	−343 000	−297 000
Total Long-Term Debt	476 000	476 000	473 000	469 000
Total Current Debt	13 000	0	27 000	37 000
Total Equity and Debt	101 000	142 000	157 000	209 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 000	120 000	126 000	125 000
Other Income	0	0	0	0
Revenue	21 000	120 000	126 000	125 000
Cost of Goods Sold	9 000	19 000	12 000	0
Salary Costs	0	0	0	0
Depreciation	4 000	9 000	9 000	9 000
Impairment	0	0	0	0
Expenditure	62 000	109 000	168 000	118 000
Operating Profit	−41 000	11 000	−42 000	8 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	4 000	7 000
Financial Balance	0	−2 000	−4 000	−7 000
Dividends	0	0	0	0
Net Income	−53 000	9 000	−46 000	1 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	4 000	12 000	21 000
Total Tangible Assets	0	4 000	12 000	21 000
Total Fiancial Fixed Assets	0	0	0	25 000
Total Fixed Assets	0	4 000	12 000	46 000
Stock	57 000	66 000	66 000	0
Total Investments	0	0	0	0
Cash, Bank	44 000	71 000	49 000	134 000
Total Current Assets	101 000	138 000	145 000	163 000
Total Assets	101 000	142 000	157 000	209 000
Total Equity	−387 000	−334 000	−343 000	−297 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	476 000	476 000	473 000	469 000
Creditors	0	0	26 000	37 000
Unpaid Taxes	1 000	0	1 000	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	13 000	0	27 000	37 000
Total Equity and Debt	101 000	142 000	157 000	209 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,7 %	−2,69 %	13,41 %	−0,34 %
Debt-to-Equity Ratio	−1,23	−1,43	−1,38	−1,58
Operating Profit Margin	−195,24 %	9,17 %	−33,33 %	6,4 %
Current Ratio	7,77	-	5,37	4,41
Quick Ratio	−2,3	−2,09	−3,72	4,41
Equity Ratio	−3,83	−2,35	−2,18	−1,42
Gross Profit Margin	57,14 %	84,17 %	90,48 %	100 %