VESTLANDSBRYGGEN AS

5302 STRUSSHAMN

Finances

Share Ownership

Return on Equity

−1 747,62 %

Current Ratio

2,29

Debt-to-Equity Ratio

27,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 523 000	6 612 000	6 657 000	7 575 000
Net Income	−734 000	470 000	451 000	−393 000
Total Assets	1 765 000	2 523 000	2 166 000	2 131 000
Total Equity	42 000	777 000	307 000	−144 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 523 000	6 612 000	6 657 000	7 575 000
Expenditure	5 258 000	6 015 000	6 144 000	7 929 000
Operating Profit	−734 000	597 000	514 000	−354 000
Financial Income	3 000	1 000	10 000	9 000
Financial Costs	13 000	11 000	49 000	48 000
Financial Balance	−10 000	−10 000	−39 000	−39 000
Earnings Before Tax	−745 000	587 000	475 000	−393 000
Tax	−11 000	116 000	25 000	0
Net Income	−734 000	470 000	451 000	−393 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	486 000	567 000	631 000	732 000
Total Current Assets	1 279 000	1 956 000	1 534 000	1 399 000
Total Assets	1 765 000	2 523 000	2 166 000	2 131 000
Total Retained Equity	−258 000	477 000	7 000	−444 000
Total Equity	42 000	777 000	307 000	−144 000
Total Long-Term Debt	1 165 000	1 184 000	1 096 000	850 000
Total Current Debt	558 000	562 000	763 000	1 425 000
Total Equity and Debt	1 765 000	2 523 000	2 166 000	2 131 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 287 000	6 608 000	6 657 000	7 574 000
Other Income	236 000	4 000	0	1 000
Revenue	4 523 000	6 612 000	6 657 000	7 575 000
Cost of Goods Sold	2 401 000	2 995 000	3 045 000	3 946 000
Salary Costs	1 232 000	1 374 000	1 708 000	2 038 000
Depreciation	251 000	199 000	161 000	148 000
Impairment	0	0	0	0
Expenditure	5 258 000	6 015 000	6 144 000	7 929 000
Operating Profit	−734 000	597 000	514 000	−354 000
Financial Income	3 000	1 000	10 000	9 000
Financial Costs	13 000	11 000	49 000	48 000
Financial Balance	−10 000	−10 000	−39 000	−39 000
Dividends	0	0	0	0
Net Income	−734 000	470 000	451 000	−393 000

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	486 000	567 000	623 000	732 000
Total Tangible Assets	486 000	567 000	623 000	732 000
Total Fiancial Fixed Assets	0	0	8 000	0
Total Fixed Assets	486 000	567 000	631 000	732 000
Stock	1 134 000	1 142 000	1 104 000	1 083 000
Total Investments	0	0	0	0
Cash, Bank	39 000	111 000	67 000	31 000
Total Current Assets	1 279 000	1 956 000	1 534 000	1 399 000
Total Assets	1 765 000	2 523 000	2 166 000	2 131 000
Total Equity	42 000	777 000	307 000	−144 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 165 000	1 184 000	1 096 000	850 000
Creditors	213 000	179 000	179 000	401 000
Unpaid Taxes	41 000	196 000	238 000	248 000
Dividends	0	0	0	0
Other Current Debt	303 000	82 000	138 000	776 000
Total Current Debt	558 000	562 000	763 000	1 425 000
Total Equity and Debt	1 765 000	2 523 000	2 166 000	2 131 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1 747,62 %	60,49 %	146,91 %	272,92 %
Debt-to-Equity Ratio	27,74	1,52	3,57	−5,9
Operating Profit Margin	−16,23 %	9,03 %	7,72 %	−4,67 %
Current Ratio	2,29	3,48	2,01	0,98
Quick Ratio	−2,22	−3,37	−4,5	4,09
Equity Ratio	0,02	0,31	0,14	−0,07
Gross Profit Margin	46,92 %	54,7 %	54,26 %	47,91 %