VEST HAGESERVICE AS

5380 TELAVÅG

Finances

Share Ownership

Return on Equity

73,73 %

Current Ratio

0,52

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 969 000	10 277 000	8 671 000	8 146 000
Net Income	−480 000	−128 000	172 000	−631 000
Total Assets	1 213 000	1 650 000	2 065 000	1 413 000
Total Equity	−651 000	−171 000	−43 000	−216 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 969 000	10 277 000	8 671 000	8 146 000
Expenditure	9 411 000	10 361 000	8 479 000	8 769 000
Operating Profit	−443 000	−83 000	192 000	−623 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	38 000	46 000	20 000	28 000
Financial Balance	−37 000	−45 000	−19 000	−28 000
Earnings Before Tax	−480 000	−128 000	172 000	−651 000
Tax	0	0	0	−20 000
Net Income	−480 000	−128 000	172 000	−631 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	242 000	372 000	561 000	749 000
Total Current Assets	970 000	1 278 000	1 504 000	665 000
Total Assets	1 213 000	1 650 000	2 065 000	1 413 000
Total Retained Equity	−681 000	−201 000	−73 000	−246 000
Total Equity	−651 000	−171 000	−43 000	−216 000
Total Long-Term Debt	0	104 000	136 000	281 000
Total Current Debt	1 864 000	1 717 000	1 972 000	1 348 000
Total Equity and Debt	1 213 000	1 650 000	2 065 000	1 413 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 929 000	10 277 000	8 671 000	8 032 000
Other Income	40 000	0	0	114 000
Revenue	8 969 000	10 277 000	8 671 000	8 146 000
Cost of Goods Sold	3 000 000	3 646 000	2 511 000	2 826 000
Salary Costs	4 122 000	4 131 000	3 583 000	3 466 000
Depreciation	136 000	213 000	210 000	199 000
Impairment	0	0	0	0
Expenditure	9 411 000	10 361 000	8 479 000	8 769 000
Operating Profit	−443 000	−83 000	192 000	−623 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	38 000	46 000	20 000	28 000
Financial Balance	−37 000	−45 000	−19 000	−28 000
Dividends	0	0	0	0
Net Income	−480 000	−128 000	172 000	−631 000

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	17 000	42 000	67 000
Fixtures	144 000	229 000	332 000	433 000
Total Tangible Assets	144 000	246 000	374 000	499 000
Total Fiancial Fixed Assets	98 000	126 000	188 000	249 000
Total Fixed Assets	242 000	372 000	561 000	749 000
Stock	28 000	25 000	475 000	22 000
Total Investments	0	0	0	0
Cash, Bank	174 000	165 000	227 000	136 000
Total Current Assets	970 000	1 278 000	1 504 000	665 000
Total Assets	1 213 000	1 650 000	2 065 000	1 413 000
Total Equity	−651 000	−171 000	−43 000	−216 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	104 000	136 000	281 000
Creditors	701 000	533 000	380 000	587 000
Unpaid Taxes	333 000	423 000	524 000	257 000
Dividends	0	0	0	0
Other Current Debt	458 000	439 000	1 068 000	409 000
Total Current Debt	1 864 000	1 717 000	1 972 000	1 348 000
Total Equity and Debt	1 213 000	1 650 000	2 065 000	1 413 000

Financial indicators	2022	2021	2020	2019
Return on Equity	73,73 %	74,85 %	−400 %	292,13 %
Debt-to-Equity Ratio	−0	−0,61	−3,16	−1,3
Operating Profit Margin	−4,94 %	−0,81 %	2,21 %	−7,65 %
Current Ratio	0,52	0,74	0,76	0,49
Quick Ratio	0,53	0,76	1	0,5
Equity Ratio	−0,54	−0,1	−0,02	−0,15
Gross Profit Margin	66,55 %	64,52 %	71,04 %	65,31 %