FORSIKRINGSHUSET VEST AS

5132 NYBORG

Finances

Return on Equity

−185,71 %

Current Ratio

0,86

Debt-to-Equity Ratio

11,17

Key figures (NOK)	2021	2020	2019	2018
Revenue	3 558 000	1 948 000	2 299 000	2 306 000
Net Income	−65 000	−9 000	169 000	13 000
Total Assets	1 629 000	1 427 000	509 000	357 000
Total Equity	35 000	101 000	110 000	−59 000

Income (NOK)	2021	2020	2019	2018
Revenue	3 558 000	1 948 000	2 299 000	2 306 000
Expenditure	3 568 000	1 941 000	2 081 000	2 293 000
Operating Profit	−10 000	7 000	218 000	13 000
Financial Income	5 000	0	0	0
Financial Costs	60 000	16 000	0	0
Financial Balance	−55 000	−16 000	0	0
Earnings Before Tax	−65 000	−9 000	218 000	13 000
Tax	0	0	49 000	0
Net Income	−65 000	−9 000	169 000	13 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	601 000	782 000	20 000	0
Total Current Assets	1 028 000	645 000	489 000	357 000
Total Assets	1 629 000	1 427 000	509 000	357 000
Total Retained Equity	11 000	76 000	85 000	−84 000
Total Equity	35 000	101 000	110 000	−59 000
Total Long-Term Debt	391 000	645 000	−28 000	0
Total Current Debt	1 202 000	682 000	428 000	416 000
Total Equity and Debt	1 629 000	1 427 000	509 000	357 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	0	0	61 000
Other Income	3 558 000	1 948 000	2 299 000	2 245 000
Revenue	3 558 000	1 948 000	2 299 000	2 306 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 423 000	1 108 000	1 326 000	1 709 000
Depreciation	181 000	70 000	0	0
Impairment	0	0	0	0
Expenditure	3 568 000	1 941 000	2 081 000	2 293 000
Operating Profit	−10 000	7 000	218 000	13 000
Financial Income	5 000	0	0	0
Financial Costs	60 000	16 000	0	0
Financial Balance	−55 000	−16 000	0	0
Dividends	0	0	0	0
Net Income	−65 000	−9 000	169 000	13 000

Balance details (NOK)	2021	2020	2019	2018
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	540 000	721 000	0	0
Total Tangible Assets	540 000	721 000	0	0
Total Fiancial Fixed Assets	61 000	61 000	20 000	0
Total Fixed Assets	601 000	782 000	20 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	278 000	98 000	59 000	190 000
Total Current Assets	1 028 000	645 000	489 000	357 000
Total Assets	1 629 000	1 427 000	509 000	357 000
Total Equity	35 000	101 000	110 000	−59 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	391 000	645 000	−28 000	0
Creditors	79 000	43 000	19 000	6 000
Unpaid Taxes	335 000	242 000	78 000	174 000
Dividends	0	0	0	0
Other Current Debt	792 000	422 000	286 000	236 000
Total Current Debt	1 202 000	682 000	428 000	416 000
Total Equity and Debt	1 629 000	1 427 000	509 000	357 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−185,71 %	−8,91 %	153,64 %	−22,03 %
Debt-to-Equity Ratio	11,17	6,39	−0,25	−0
Operating Profit Margin	−0,28 %	0,36 %	9,48 %	0,56 %
Current Ratio	0,86	0,95	1,14	0,86
Quick Ratio	0,86	0,95	1,14	0,86
Equity Ratio	0,02	0,07	0,22	−0,17
Gross Profit Margin	100 %	100 %	100 %	100 %