VESTE ENTREPRENØR AS

3126 TØNSBERG

Finances

Share Ownership

Return on Equity

75,37 %

Current Ratio

0,59

Debt-to-Equity Ratio

−0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	113 400 000	49 954 000	109 325 000	98 451 000
Net Income	−14 569 000	−15 439 000	897 000	−3 994 000
Total Assets	20 462 000	20 234 000	27 373 000	71 554 000
Total Equity	−19 331 000	−4 763 000	10 676 000	9 779 000

Income (NOK)	2022	2021	2020	2019
Revenue	113 400 000	49 954 000	109 325 000	98 451 000
Expenditure	133 322 000	58 669 000	107 076 000	108 429 000
Operating Profit	−14 237 000	−9 329 000	1 414 000	−9 978 000
Financial Income	12 000	1 000	15 000	40 000
Financial Costs	344 000	89 000	277 000	518 000
Financial Balance	−332 000	−88 000	−262 000	−478 000
Earnings Before Tax	−14 569 000	−9 418 000	1 152 000	−10 457 000
Tax	0	6 021 000	255 000	−6 463 000
Net Income	−14 569 000	−15 439 000	897 000	−3 994 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	88 000	228 000	6 415 000	8 575 000
Total Current Assets	20 374 000	20 006 000	20 958 000	62 979 000
Total Assets	20 462 000	20 234 000	27 373 000	71 554 000
Total Retained Equity	−30 293 000	−15 725 000	−286 000	−1 183 000
Total Equity	−19 331 000	−4 763 000	10 676 000	9 779 000
Total Long-Term Debt	5 352 000	1 161 000	2 051 000	1 450 000
Total Current Debt	34 441 000	23 835 000	14 645 000	60 325 000
Total Equity and Debt	20 462 000	20 234 000	27 373 000	71 554 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	112 794 000	49 692 000	109 149 000	98 001 000
Other Income	606 000	262 000	175 000	450 000
Revenue	113 400 000	49 954 000	109 325 000	98 451 000
Cost of Goods Sold	114 763 000	37 850 000	79 823 000	73 126 000
Salary Costs	13 909 000	15 602 000	19 338 000	27 973 000
Depreciation	50 000	215 000	478 000	545 000
Impairment	0	0	0	0
Expenditure	133 322 000	58 669 000	107 076 000	108 429 000
Operating Profit	−14 237 000	−9 329 000	1 414 000	−9 978 000
Financial Income	12 000	1 000	15 000	40 000
Financial Costs	344 000	89 000	277 000	518 000
Financial Balance	−332 000	−88 000	−262 000	−478 000
Dividends	0	0	0	0
Net Income	−14 569 000	−15 439 000	897 000	−3 994 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	44 000	69 000	6 021 000	6 276 000
Real Eastate	0	0	0	1 295 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	43 000	159 000	385 000	986 000
Total Tangible Assets	43 000	159 000	385 000	2 282 000
Total Fiancial Fixed Assets	1 000	1 000	9 000	18 000
Total Fixed Assets	88 000	228 000	6 415 000	8 575 000
Stock	0	0	0	175 000
Total Investments	0	0	0	0
Cash, Bank	534 000	8 163 000	12 999 000	13 688 000
Total Current Assets	20 374 000	20 006 000	20 958 000	62 979 000
Total Assets	20 462 000	20 234 000	27 373 000	71 554 000
Total Equity	−19 331 000	−4 763 000	10 676 000	9 779 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 352 000	1 161 000	2 051 000	1 450 000
Creditors	14 948 000	10 500 000	5 626 000	21 361 000
Unpaid Taxes	4 730 000	1 079 000	2 382 000	5 982 000
Dividends	0	0	0	0
Other Current Debt	14 763 000	12 257 000	6 637 000	29 007 000
Total Current Debt	34 441 000	23 835 000	14 645 000	60 325 000
Total Equity and Debt	20 462 000	20 234 000	27 373 000	71 554 000

Financial indicators	2022	2021	2020	2019
Return on Equity	75,37 %	324,14 %	8,4 %	−40,84 %
Debt-to-Equity Ratio	−0,28	−0,24	0,19	0,15
Operating Profit Margin	−12,55 %	−18,68 %	1,29 %	−10,13 %
Current Ratio	0,59	0,84	1,43	1,04
Quick Ratio	0,59	0,84	1,43	1,05
Equity Ratio	−0,94	−0,24	0,39	0,14
Gross Profit Margin	−1,2 %	24,23 %	26,99 %	25,72 %