VEST STUDIO AS

6002 ÅLESUND

Finances

Share Ownership

Return on Equity

36,71 %

Current Ratio

2,08

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 625 000	5 572 000	3 271 000	2 796 000
Net Income	561 000	562 000	227 000	94 000
Total Assets	2 844 000	2 240 000	1 299 000	671 000
Total Equity	1 528 000	967 000	405 000	178 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 625 000	5 572 000	3 271 000	2 796 000
Expenditure	6 929 000	4 821 000	2 966 000	2 653 000
Operating Profit	695 000	751 000	305 000	143 000
Financial Income	7 000	4 000	2 000	2 000
Financial Costs	4 000	12 000	10 000	14 000
Financial Balance	3 000	−8 000	−8 000	−12 000
Earnings Before Tax	698 000	743 000	297 000	131 000
Tax	137 000	181 000	70 000	37 000
Net Income	561 000	562 000	227 000	94 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	125 000	47 000	76 000	79 000
Total Current Assets	2 719 000	2 193 000	1 222 000	592 000
Total Assets	2 844 000	2 240 000	1 299 000	671 000
Total Retained Equity	1 504 000	943 000	381 000	153 000
Total Equity	1 528 000	967 000	405 000	178 000
Total Long-Term Debt	10 000	10 000	10 000	10 000
Total Current Debt	1 306 000	1 263 000	884 000	484 000
Total Equity and Debt	2 844 000	2 240 000	1 299 000	671 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 625 000	5 572 000	3 271 000	2 796 000
Other Income	0	0	0	0
Revenue	7 625 000	5 572 000	3 271 000	2 796 000
Cost of Goods Sold	689 000	572 000	241 000	94 000
Salary Costs	4 881 000	3 331 000	1 934 000	1 890 000
Depreciation	46 000	29 000	29 000	8 000
Impairment	0	0	0	0
Expenditure	6 929 000	4 821 000	2 966 000	2 653 000
Operating Profit	695 000	751 000	305 000	143 000
Financial Income	7 000	4 000	2 000	2 000
Financial Costs	4 000	12 000	10 000	14 000
Financial Balance	3 000	−8 000	−8 000	−12 000
Dividends	0	0	0	0
Net Income	561 000	562 000	227 000	94 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	40 000	5 000	10 000	15 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	86 000	42 000	66 000	64 000
Total Tangible Assets	86 000	42 000	66 000	64 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	125 000	47 000	76 000	79 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 849 000	1 044 000	380 000	49 000
Total Current Assets	2 719 000	2 193 000	1 222 000	592 000
Total Assets	2 844 000	2 240 000	1 299 000	671 000
Total Equity	1 528 000	967 000	405 000	178 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 000	10 000	10 000	10 000
Creditors	29 000	223 000	34 000	44 000
Unpaid Taxes	633 000	523 000	594 000	181 000
Dividends	0	0	0	0
Other Current Debt	507 000	336 000	186 000	174 000
Total Current Debt	1 306 000	1 263 000	884 000	484 000
Total Equity and Debt	2 844 000	2 240 000	1 299 000	671 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,71 %	58,12 %	56,05 %	52,81 %
Debt-to-Equity Ratio	0,01	0,01	0,02	0,06
Operating Profit Margin	9,11 %	13,48 %	9,32 %	5,11 %
Current Ratio	2,08	1,74	1,38	1,22
Quick Ratio	2,08	1,74	1,38	1,22
Equity Ratio	0,54	0,43	0,31	0,27
Gross Profit Margin	90,96 %	89,73 %	92,63 %	96,64 %