VESTLAND ENTREPRENØR AS

5257 KOKSTAD

Finances

Return on Equity

1 327,27 %

Current Ratio

1,17

Debt-to-Equity Ratio

6,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	32 068 000	30 794 000	0	0
Net Income	2 044 000	−2 762 000	−22 000	−389 000
Total Assets	6 065 000	13 115 000	2 035 000	4 997 000
Total Equity	154 000	−1 890 000	872 000	1 144 000

Income (NOK)	2022	2021	2020	2019
Revenue	32 068 000	30 794 000	0	0
Expenditure	29 963 000	32 689 000	191 000	176 000
Operating Profit	2 103 000	−1 895 000	−191 000	−176 000
Financial Income	6 000	0	762 000	132 000
Financial Costs	65 000	958 000	500 000	345 000
Financial Balance	−59 000	−958 000	262 000	−213 000
Earnings Before Tax	2 044 000	−2 854 000	70 000	−389 000
Tax	0	−92 000	92 000	0
Net Income	2 044 000	−2 762 000	−22 000	−389 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	354 000	93 000	1 066 000	4 480 000
Total Current Assets	5 711 000	13 023 000	969 000	517 000
Total Assets	6 065 000	13 115 000	2 035 000	4 997 000
Total Retained Equity	−1 840 000	−3 884 000	−1 123 000	−851 000
Total Equity	154 000	−1 890 000	872 000	1 144 000
Total Long-Term Debt	1 047 000	1 047 000	1 047 000	3 798 000
Total Current Debt	4 864 000	13 959 000	116 000	55 000
Total Equity and Debt	6 065 000	13 115 000	2 035 000	4 997 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	32 068 000	30 794 000	0	0
Other Income	0	0	0	0
Revenue	32 068 000	30 794 000	0	0
Cost of Goods Sold	24 982 000	28 175 000	0	0
Salary Costs	5 314 000	0	0	0
Depreciation	46 000	17 000	7 000	0
Impairment	0	0	0	0
Expenditure	29 963 000	32 689 000	191 000	176 000
Operating Profit	2 103 000	−1 895 000	−191 000	−176 000
Financial Income	6 000	0	762 000	132 000
Financial Costs	65 000	958 000	500 000	345 000
Financial Balance	−59 000	−958 000	262 000	−213 000
Dividends	0	0	0	0
Net Income	2 044 000	−2 762 000	−22 000	−389 000

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	74 000	63 000	80 000	0
Fixtures	250 000	0	0	0
Total Tangible Assets	324 000	63 000	80 000	0
Total Fiancial Fixed Assets	30 000	30 000	986 000	4 480 000
Total Fixed Assets	354 000	93 000	1 066 000	4 480 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	288 000	57 000	83 000	8 000
Total Current Assets	5 711 000	13 023 000	969 000	517 000
Total Assets	6 065 000	13 115 000	2 035 000	4 997 000
Total Equity	154 000	−1 890 000	872 000	1 144 000
Short-Term Group Debt	0	0	0	23 000
Total Long-Term Debt	1 047 000	1 047 000	1 047 000	3 798 000
Creditors	3 430 000	11 527 000	14 000	22 000
Unpaid Taxes	678 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	756 000	2 431 000	10 000	10 000
Total Current Debt	4 864 000	13 959 000	116 000	55 000
Total Equity and Debt	6 065 000	13 115 000	2 035 000	4 997 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 327,27 %	146,14 %	−2,52 %	−34 %
Debt-to-Equity Ratio	6,8	−0,55	1,2	3,32
Operating Profit Margin	6,56 %	−6,15 %	-	-
Current Ratio	1,17	0,93	8,35	9,4
Quick Ratio	1,17	0,93	8,35	9,4
Equity Ratio	0,03	−0,14	0,43	0,23
Gross Profit Margin	22,1 %	8,5 %	-	-