VESTKANTEN PIZZA AS

5178 LODDEFJORD

Finances

Share Ownership

Return on Equity

109,77 %

Current Ratio

0,71

Debt-to-Equity Ratio

−3,85

Key figures (NOK)	2019	2018	2017
Revenue	4 416 000	3 700 000	3 396 000
Net Income	−281 000	−414 000	−92 000
Total Assets	1 873 000	1 024 000	1 177 000
Total Equity	−256 000	−412 000	2 000

Income (NOK)	2019	2018	2017
Revenue	4 416 000	3 700 000	3 396 000
Expenditure	4 786 000	4 077 000	3 456 000
Operating Profit	−370 000	−377 000	−59 000
Financial Income	1 000	1 000	0
Financial Costs	35 000	38 000	33 000
Financial Balance	−34 000	−37 000	−33 000
Earnings Before Tax	−404 000	−414 000	−92 000
Tax	−123 000	0	0
Net Income	−281 000	−414 000	−92 000

Balance (NOK)	2019	2018	2017
Total Fixed Assets	1 064 000	837 000	939 000
Total Current Assets	809 000	187 000	238 000
Total Assets	1 873 000	1 024 000	1 177 000
Total Retained Equity	−351 000	−507 000	−92 000
Total Equity	−256 000	−412 000	2 000
Total Long-Term Debt	986 000	1 005 000	768 000
Total Current Debt	1 143 000	431 000	407 000
Total Equity and Debt	1 873 000	1 024 000	1 177 000

Cash flow (NOK)	2019	2018	2017
Sales Income	4 416 000	3 700 000	3 396 000
Other Income	0	0	0
Revenue	4 416 000	3 700 000	3 396 000
Cost of Goods Sold	1 355 000	1 150 000	1 048 000
Salary Costs	1 815 000	1 642 000	1 286 000
Depreciation	104 000	101 000	82 000
Impairment	0	0	0
Expenditure	4 786 000	4 077 000	3 456 000
Operating Profit	−370 000	−377 000	−59 000
Financial Income	1 000	1 000	0
Financial Costs	35 000	38 000	33 000
Financial Balance	−34 000	−37 000	−33 000
Dividends	0	0	0
Net Income	−281 000	−414 000	−92 000

Balance details (NOK)	2019	2018	2017
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	450 000	512 000	574 000
Machinery and Plant Facilities	0	0	0
Fixtures	542 000	319 000	359 000
Total Tangible Assets	992 000	831 000	933 000
Total Fiancial Fixed Assets	71 000	6 000	6 000
Total Fixed Assets	1 064 000	837 000	939 000
Stock	45 000	69 000	95 000
Total Investments	0	0	0
Cash, Bank	65 000	59 000	95 000
Total Current Assets	809 000	187 000	238 000
Total Assets	1 873 000	1 024 000	1 177 000
Total Equity	−256 000	−412 000	2 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	986 000	1 005 000	768 000
Creditors	910 000	175 000	207 000
Unpaid Taxes	97 000	102 000	91 000
Dividends	0	0	0
Other Current Debt	136 000	150 000	109 000
Total Current Debt	1 143 000	431 000	407 000
Total Equity and Debt	1 873 000	1 024 000	1 177 000

Financial indicators	2019	2018	2017
Return on Equity	109,77 %	100,49 %	−4 600 %
Debt-to-Equity Ratio	−3,85	−2,44	384
Operating Profit Margin	−8,38 %	−10,19 %	−1,74 %
Current Ratio	0,71	0,43	0,58
Quick Ratio	0,74	0,52	0,76
Equity Ratio	−0,14	−0,4	0
Gross Profit Margin	69,32 %	68,92 %	69,14 %