VESTBO DRIFT HAUGESUND AS

5527 HAUGESUND

Finances

Return on Equity

101,37 %

Current Ratio

0,96

Debt-to-Equity Ratio

−2,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 188 000	5 866 000	4 798 000	5 627 000
Net Income	−1 188 000	−169 000	−676 000	43 000
Total Assets	4 205 000	1 071 000	1 330 000	2 821 000
Total Equity	−1 172 000	16 000	185 000	861 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 188 000	5 866 000	4 798 000	5 627 000
Expenditure	12 207 000	6 003 000	5 381 000	5 524 000
Operating Profit	−1 020 000	−137 000	−584 000	102 000
Financial Income	1 000	0	2 000	0
Financial Costs	168 000	32 000	94 000	59 000
Financial Balance	−167 000	−32 000	−92 000	−59 000
Earnings Before Tax	−1 188 000	−169 000	−676 000	43 000
Tax	0	0	0	0
Net Income	−1 188 000	−169 000	−676 000	43 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 118 000	67 000	77 000	87 000
Total Current Assets	2 087 000	1 004 000	1 254 000	2 734 000
Total Assets	4 205 000	1 071 000	1 330 000	2 821 000
Total Retained Equity	−1 220 000	−916 000	−747 000	−71 000
Total Equity	−1 172 000	16 000	185 000	861 000
Total Long-Term Debt	3 210 000	0	0	0
Total Current Debt	2 168 000	1 056 000	1 145 000	1 960 000
Total Equity and Debt	4 205 000	1 071 000	1 330 000	2 821 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 188 000	5 866 000	4 713 000	5 627 000
Other Income	0	0	85 000	0
Revenue	11 188 000	5 866 000	4 798 000	5 627 000
Cost of Goods Sold	4 309 000	2 148 000	2 042 000	2 416 000
Salary Costs	5 153 000	2 853 000	2 590 000	2 409 000
Depreciation	444 000	10 000	10 000	12 000
Impairment	0	0	0	0
Expenditure	12 207 000	6 003 000	5 381 000	5 524 000
Operating Profit	−1 020 000	−137 000	−584 000	102 000
Financial Income	1 000	0	2 000	0
Financial Costs	168 000	32 000	94 000	59 000
Financial Balance	−167 000	−32 000	−92 000	−59 000
Dividends	0	0	0	0
Net Income	−1 188 000	−169 000	−676 000	43 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	1 395 000	0	0	0
Total Intangible Assets	1 395 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	273 000	67 000	0	87 000
Fixtures	448 000	0	77 000	0
Total Tangible Assets	721 000	67 000	77 000	87 000
Total Fiancial Fixed Assets	2 000	0	0	0
Total Fixed Assets	2 118 000	67 000	77 000	87 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	179 000	82 000	81 000	69 000
Total Current Assets	2 087 000	1 004 000	1 254 000	2 734 000
Total Assets	4 205 000	1 071 000	1 330 000	2 821 000
Total Equity	−1 172 000	16 000	185 000	861 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 210 000	0	0	0
Creditors	404 000	253 000	119 000	484 000
Unpaid Taxes	627 000	241 000	253 000	233 000
Dividends	0	0	0	0
Other Current Debt	992 000	471 000	437 000	226 000
Total Current Debt	2 168 000	1 056 000	1 145 000	1 960 000
Total Equity and Debt	4 205 000	1 071 000	1 330 000	2 821 000

Financial indicators	2022	2021	2020	2019
Return on Equity	101,37 %	−1 056,25 %	−365,41 %	4,99 %
Debt-to-Equity Ratio	−2,74	0	0	0
Operating Profit Margin	−9,12 %	−2,34 %	−12,17 %	1,81 %
Current Ratio	0,96	0,95	1,1	1,39
Quick Ratio	0,96	0,95	1,1	1,39
Equity Ratio	−0,28	0,01	0,14	0,31
Gross Profit Margin	61,49 %	63,38 %	57,44 %	57,06 %