VEST-TELEMARK RØRLEGGERFORRETNING AS

3890 VINJE

Finances

Return on Equity

−17,66 %

Current Ratio

−2,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	63 000	81 000	67 000	67 000
Net Income	−80 000	9 000	−100 000	−54 000
Total Assets	383 000	468 000	459 000	446 000
Total Equity	453 000	533 000	525 000	629 000

Income (NOK)	2022	2021	2020	2019
Revenue	63 000	81 000	67 000	67 000
Expenditure	144 000	72 000	167 000	120 000
Operating Profit	−80 000	9 000	−100 000	−53 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Earnings Before Tax	−80 000	9 000	−100 000	−54 000
Tax	0	0	0	0
Net Income	−80 000	9 000	−100 000	−54 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	225 000	237 000	250 000	262 000
Total Current Assets	158 000	231 000	210 000	184 000
Total Assets	383 000	468 000	459 000	446 000
Total Retained Equity	353 000	433 000	425 000	529 000
Total Equity	453 000	533 000	525 000	629 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	−71 000	−65 000	−65 000	−183 000
Total Equity and Debt	383 000	468 000	459 000	446 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	9 000	32 000
Other Income	63 000	81 000	58 000	35 000
Revenue	63 000	81 000	67 000	67 000
Cost of Goods Sold	52 000	2 000	105 000	36 000
Salary Costs	0	0	0	0
Depreciation	12 000	12 000	12 000	12 000
Impairment	0	0	0	0
Expenditure	144 000	72 000	167 000	120 000
Operating Profit	−80 000	9 000	−100 000	−53 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Dividends	0	0	0	0
Net Income	−80 000	9 000	−100 000	−54 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	225 000	237 000	250 000	262 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	225 000	237 000	250 000	262 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	225 000	237 000	250 000	262 000
Stock	0	49 000	49 000	127 000
Total Investments	0	0	0	0
Cash, Bank	102 000	126 000	90 000	8 000
Total Current Assets	158 000	231 000	210 000	184 000
Total Assets	383 000	468 000	459 000	446 000
Total Equity	453 000	533 000	525 000	629 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−44 000	−39 000	−39 000	−10 000
Unpaid Taxes	0	0	0	1 000
Dividends	0	0	0	0
Other Current Debt	−26 000	−26 000	−27 000	−52 000
Total Current Debt	−71 000	−65 000	−65 000	−183 000
Total Equity and Debt	383 000	468 000	459 000	446 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,66 %	1,69 %	−19,05 %	−8,59 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−126,98 %	11,11 %	−149,25 %	−79,1 %
Current Ratio	−2,23	−3,55	−3,23	−1,01
Quick Ratio	−2,23	−2,03	−1,84	−0,59
Equity Ratio	1,18	1,14	1,14	1,41
Gross Profit Margin	17,46 %	97,53 %	−56,72 %	46,27 %