VESTFOLD RØRLEGGERBEDRIFT AS

3235 SANDEFJORD

Finances

Share Ownership

Return on Equity

9,12 %

Current Ratio

0,14

Debt-to-Equity Ratio

−0,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	38 000	57 000	92 000	2 697 000
Net Income	−32 000	−11 000	−56 000	−397 000
Total Assets	34 000	8 000	8 000	657 000
Total Equity	−351 000	−320 000	−308 000	−252 000

Income (NOK)	2022	2021	2020	2019
Revenue	38 000	57 000	92 000	2 697 000
Expenditure	44 000	36 000	104 000	3 077 000
Operating Profit	−6 000	21 000	−11 000	−381 000
Financial Income	0	0	0	−1 000
Financial Costs	26 000	33 000	45 000	20 000
Financial Balance	−26 000	−33 000	−45 000	−21 000
Earnings Before Tax	−32 000	−11 000	−56 000	−402 000
Tax	0	0	0	−5 000
Net Income	−32 000	−11 000	−56 000	−397 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	174 000
Total Current Assets	34 000	8 000	8 000	483 000
Total Assets	34 000	8 000	8 000	657 000
Total Retained Equity	−381 000	−350 000	−338 000	−282 000
Total Equity	−351 000	−320 000	−308 000	−252 000
Total Long-Term Debt	145 000	125 000	129 000	314 000
Total Current Debt	240 000	202 000	188 000	595 000
Total Equity and Debt	34 000	8 000	8 000	657 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	38 000	49 000	89 000	2 834 000
Other Income	0	9 000	3 000	−137 000
Revenue	38 000	57 000	92 000	2 697 000
Cost of Goods Sold	20 000	8 000	53 000	1 742 000
Salary Costs	0	0	−40 000	1 136 000
Depreciation	0	0	26 000	43 000
Impairment	0	0	0	0
Expenditure	44 000	36 000	104 000	3 077 000
Operating Profit	−6 000	21 000	−11 000	−381 000
Financial Income	0	0	0	−1 000
Financial Costs	26 000	33 000	45 000	20 000
Financial Balance	−26 000	−33 000	−45 000	−21 000
Dividends	0	0	0	330 000
Net Income	−32 000	−11 000	−56 000	−397 000

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	0	0	174 000
Total Tangible Assets	0	0	0	174 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	174 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	325 000
Total Current Assets	34 000	8 000	8 000	483 000
Total Assets	34 000	8 000	8 000	657 000
Total Equity	−351 000	−320 000	−308 000	−252 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	145 000	125 000	129 000	314 000
Creditors	75 000	36 000	25 000	412 000
Unpaid Taxes	1 000	2 000	10 000	40 000
Dividends	0	0	0	330 000
Other Current Debt	63 000	63 000	71 000	142 000
Total Current Debt	240 000	202 000	188 000	595 000
Total Equity and Debt	34 000	8 000	8 000	657 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,12 %	3,44 %	18,18 %	157,54 %
Debt-to-Equity Ratio	−0,41	−0,39	−0,42	−1,25
Operating Profit Margin	−15,79 %	36,84 %	−11,96 %	−14,13 %
Current Ratio	0,14	0,04	0,04	0,81
Quick Ratio	0,14	0,04	0,04	0,81
Equity Ratio	−10,32	−40	−38,5	−0,38
Gross Profit Margin	47,37 %	85,96 %	42,39 %	35,41 %