VEST BYGGSERVICE AS

6763 HORNINDAL

Finances

Share Ownership

Return on Equity

−191,39 %

Current Ratio

0,74

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 490 000	5 862 000	7 057 000	5 340 000
Net Income	689 000	−443 000	−132 000	−421 000
Total Assets	1 400 000	1 031 000	1 435 000	1 972 000
Total Equity	−360 000	−1 049 000	−706 000	−574 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 490 000	5 862 000	7 057 000	5 340 000
Expenditure	6 734 000	6 234 000	7 098 000	5 676 000
Operating Profit	755 000	−372 000	−41 000	−335 000
Financial Income	1 000	0	0	0
Financial Costs	67 000	71 000	91 000	86 000
Financial Balance	−66 000	−71 000	−91 000	−86 000
Earnings Before Tax	689 000	−443 000	−132 000	−421 000
Tax	0	0	0	0
Net Income	689 000	−443 000	−132 000	−421 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	89 000	233 000	387 000	384 000
Total Current Assets	1 311 000	798 000	1 047 000	1 588 000
Total Assets	1 400 000	1 031 000	1 435 000	1 972 000
Total Retained Equity	−482 000	−1 171 000	−727 000	−596 000
Total Equity	−360 000	−1 049 000	−706 000	−574 000
Total Long-Term Debt	0	1 124 000	1 286 000	706 000
Total Current Debt	1 760 000	956 000	854 000	1 840 000
Total Equity and Debt	1 400 000	1 031 000	1 435 000	1 972 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 433 000	5 928 000	7 055 000	5 339 000
Other Income	57 000	−66 000	3 000	0
Revenue	7 490 000	5 862 000	7 057 000	5 340 000
Cost of Goods Sold	1 507 000	1 728 000	3 931 000	2 841 000
Salary Costs	4 354 000	3 651 000	2 615 000	2 188 000
Depreciation	100 000	119 000	135 000	117 000
Impairment	0	0	0	0
Expenditure	6 734 000	6 234 000	7 098 000	5 676 000
Operating Profit	755 000	−372 000	−41 000	−335 000
Financial Income	1 000	0	0	0
Financial Costs	67 000	71 000	91 000	86 000
Financial Balance	−66 000	−71 000	−91 000	−86 000
Dividends	0	0	0	0
Net Income	689 000	−443 000	−132 000	−421 000

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	0	0	0
Fixtures	81 000	197 000	387 000	384 000
Total Tangible Assets	81 000	197 000	387 000	384 000
Total Fiancial Fixed Assets	8 000	36 000	0	0
Total Fixed Assets	89 000	233 000	387 000	384 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	926 000	231 000	200 000	24 000
Total Current Assets	1 311 000	798 000	1 047 000	1 588 000
Total Assets	1 400 000	1 031 000	1 435 000	1 972 000
Total Equity	−360 000	−1 049 000	−706 000	−574 000
Short-Term Group Debt	650 000	0	0	300 000
Total Long-Term Debt	0	1 124 000	1 286 000	706 000
Creditors	85 000	107 000	218 000	698 000
Unpaid Taxes	613 000	509 000	375 000	383 000
Dividends	0	0	0	0
Other Current Debt	412 000	340 000	261 000	198 000
Total Current Debt	1 760 000	956 000	854 000	1 840 000
Total Equity and Debt	1 400 000	1 031 000	1 435 000	1 972 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−191,39 %	42,23 %	18,7 %	73,34 %
Debt-to-Equity Ratio	−0	−1,07	−1,82	−1,23
Operating Profit Margin	10,08 %	−6,35 %	−0,58 %	−6,27 %
Current Ratio	0,74	0,83	1,23	0,86
Quick Ratio	0,74	0,83	1,23	0,86
Equity Ratio	−0,26	−1,02	−0,49	−0,29
Gross Profit Margin	79,88 %	70,52 %	44,3 %	46,8 %