VEST GRUPPEN AS

5680 TYSNES

Finances

Return on Equity

55,82 %

Current Ratio

0,56

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	535 000	3 420 000	2 907 000	2 625 000
Net Income	163 000	−220 000	−140 000	−282 000
Total Assets	1 902 000	1 778 000	1 226 000	731 000
Total Equity	292 000	−371 000	−151 000	−11 000

Income (NOK)	2022	2021	2020	2019
Revenue	535 000	3 420 000	2 907 000	2 625 000
Expenditure	880 000	3 641 000	3 078 000	2 920 000
Operating Profit	−343 000	−221 000	−170 000	−295 000
Financial Income	558 000	1 000	0	0
Financial Costs	0	0	2 000	1 000
Financial Balance	558 000	1 000	−2 000	−1 000
Earnings Before Tax	214 000	−220 000	−172 000	−295 000
Tax	51 000	0	−32 000	−14 000
Net Income	163 000	−220 000	−140 000	−282 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 033 000	1 289 000	340 000	379 000
Total Current Assets	869 000	489 000	886 000	352 000
Total Assets	1 902 000	1 778 000	1 226 000	731 000
Total Retained Equity	−238 000	−401 000	−181 000	−41 000
Total Equity	292 000	−371 000	−151 000	−11 000
Total Long-Term Debt	51 000	0	0	0
Total Current Debt	1 558 000	2 149 000	1 377 000	742 000
Total Equity and Debt	1 902 000	1 778 000	1 226 000	731 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	307 000	3 420 000	2 907 000	2 625 000
Other Income	228 000	0	0	0
Revenue	535 000	3 420 000	2 907 000	2 625 000
Cost of Goods Sold	96 000	1 672 000	1 411 000	1 444 000
Salary Costs	0	914 000	970 000	969 000
Depreciation	190 000	182 000	69 000	61 000
Impairment	0	0	0	0
Expenditure	880 000	3 641 000	3 078 000	2 920 000
Operating Profit	−343 000	−221 000	−170 000	−295 000
Financial Income	558 000	1 000	0	0
Financial Costs	0	0	2 000	1 000
Financial Balance	558 000	1 000	−2 000	−1 000
Dividends	0	0	0	0
Net Income	163 000	−220 000	−140 000	−282 000

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	154 000
Fixtures	933 000	1 189 000	310 000	225 000
Total Tangible Assets	933 000	1 189 000	310 000	379 000
Total Fiancial Fixed Assets	100 000	100 000	30 000	0
Total Fixed Assets	1 033 000	1 289 000	340 000	379 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	303 000	330 000	692 000	294 000
Total Current Assets	869 000	489 000	886 000	352 000
Total Assets	1 902 000	1 778 000	1 226 000	731 000
Total Equity	292 000	−371 000	−151 000	−11 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	51 000	0	0	0
Creditors	152 000	149 000	134 000	213 000
Unpaid Taxes	28 000	85 000	148 000	56 000
Dividends	0	0	0	0
Other Current Debt	1 378 000	1 915 000	1 095 000	472 000
Total Current Debt	1 558 000	2 149 000	1 377 000	742 000
Total Equity and Debt	1 902 000	1 778 000	1 226 000	731 000

Financial indicators	2022	2021	2020	2019
Return on Equity	55,82 %	59,3 %	92,72 %	2 563,64 %
Debt-to-Equity Ratio	0,17	−0	−0	−0
Operating Profit Margin	−64,11 %	−6,46 %	−5,85 %	−11,24 %
Current Ratio	0,56	0,23	0,64	0,47
Quick Ratio	0,56	0,23	0,64	0,47
Equity Ratio	0,15	−0,21	−0,12	−0,02
Gross Profit Margin	82,06 %	51,11 %	51,46 %	44,99 %