VESTSYN AS

5419 FITJAR

Finances

Return on Equity

−300 %

Current Ratio

1,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	39 000	69 000	29 000	426 000
Net Income	−6 000	−17 000	21 000	−137 000
Total Assets	26 000	8 000	89 000	70 000
Total Equity	2 000	3 000	20 000	6 000

Income (NOK)	2022	2021	2020	2019
Revenue	39 000	69 000	29 000	426 000
Expenditure	44 000	86 000	8 000	562 000
Operating Profit	−6 000	−17 000	21 000	−137 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−6 000	−17 000	21 000	−137 000
Tax	0	0	0	0
Net Income	−6 000	−17 000	21 000	−137 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 000	3 000	3 000	13 000
Total Current Assets	23 000	5 000	86 000	57 000
Total Assets	26 000	8 000	89 000	70 000
Total Retained Equity	−28 000	−22 000	−5 000	−26 000
Total Equity	2 000	3 000	20 000	6 000
Total Long-Term Debt	6 000	11 000	25 000	7 000
Total Current Debt	18 000	−5 000	45 000	57 000
Total Equity and Debt	26 000	8 000	89 000	70 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	39 000	69 000	56 000	76 000
Other Income	0	0	−27 000	350 000
Revenue	39 000	69 000	29 000	426 000
Cost of Goods Sold	0	0	0	293 000
Salary Costs	0	0	0	0
Depreciation	0	0	13 000	0
Impairment	0	0	0	0
Expenditure	44 000	86 000	8 000	562 000
Operating Profit	−6 000	−17 000	21 000	−137 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−6 000	−17 000	21 000	−137 000

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	0	0	0	13 000
Total Tangible Assets	0	0	0	13 000
Total Fiancial Fixed Assets	3 000	3 000	3 000	0
Total Fixed Assets	3 000	3 000	3 000	13 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 000	5 000	33 000	8 000
Total Current Assets	23 000	5 000	86 000	57 000
Total Assets	26 000	8 000	89 000	70 000
Total Equity	2 000	3 000	20 000	6 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 000	11 000	25 000	7 000
Creditors	16 000	−5 000	−4 000	12 000
Unpaid Taxes	2 000	−1 000	0	−3 000
Dividends	0	0	0	0
Other Current Debt	0	0	48 000	48 000
Total Current Debt	18 000	−5 000	45 000	57 000
Total Equity and Debt	26 000	8 000	89 000	70 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−300 %	−566,67 %	105 %	−2 283,33 %
Debt-to-Equity Ratio	3	3,67	1,25	1,17
Operating Profit Margin	−15,38 %	−24,64 %	72,41 %	−32,16 %
Current Ratio	1,28	−1	1,91	1
Quick Ratio	1,28	−1	1,91	1
Equity Ratio	0,08	0,38	0,22	0,09
Gross Profit Margin	100 %	100 %	100 %	31,22 %