VESTERÅLEN TOURS AS

8402 SORTLAND

Finances

Share Ownership

Return on Equity

82,76 %

Current Ratio

3,84

Debt-to-Equity Ratio

2,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	550 000	146 000	41 000	113 000
Net Income	192 000	40 000	−5 000	−6 000
Total Assets	781 000	163 000	104 000	108 000
Total Equity	232 000	58 000	18 000	22 000

Income (NOK)	2022	2021	2020	2019
Revenue	550 000	146 000	41 000	113 000
Expenditure	296 000	87 000	47 000	118 000
Operating Profit	254 000	59 000	−5 000	−5 000
Financial Income	3 000	0	0	1 000
Financial Costs	18 000	0	1 000	3 000
Financial Balance	−15 000	0	−1 000	−2 000
Earnings Before Tax	239 000	59 000	−6 000	−7 000
Tax	46 000	19 000	−1 000	−2 000
Net Income	192 000	40 000	−5 000	−6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	593 000	65 000	6 000	5 000
Total Current Assets	188 000	98 000	98 000	103 000
Total Assets	781 000	163 000	104 000	108 000
Total Retained Equity	192 000	18 000	−22 000	−18 000
Total Equity	232 000	58 000	18 000	22 000
Total Long-Term Debt	500 000	1 000	0	0
Total Current Debt	49 000	104 000	87 000	86 000
Total Equity and Debt	781 000	163 000	104 000	108 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	550 000	146 000	41 000	113 000
Other Income	0	0	0	0
Revenue	550 000	146 000	41 000	113 000
Cost of Goods Sold	14 000	0	0	6 000
Salary Costs	28 000	5 000	1 000	2 000
Depreciation	63 000	10 000	0	0
Impairment	0	0	0	0
Expenditure	296 000	87 000	47 000	118 000
Operating Profit	254 000	59 000	−5 000	−5 000
Financial Income	3 000	0	0	1 000
Financial Costs	18 000	0	1 000	3 000
Financial Balance	−15 000	0	−1 000	−2 000
Dividends	18 000	0	0	0
Net Income	192 000	40 000	−5 000	−6 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	6 000	5 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	593 000	65 000	0	0
Total Tangible Assets	593 000	65 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	593 000	65 000	6 000	5 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	167 000	66 000	95 000	98 000
Total Current Assets	188 000	98 000	98 000	103 000
Total Assets	781 000	163 000	104 000	108 000
Total Equity	232 000	58 000	18 000	22 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	500 000	1 000	0	0
Creditors	16 000	0	0	0
Unpaid Taxes	0	6 000	0	0
Dividends	18 000	0	0	0
Other Current Debt	0	87 000	87 000	86 000
Total Current Debt	49 000	104 000	87 000	86 000
Total Equity and Debt	781 000	163 000	104 000	108 000

Financial indicators	2022	2021	2020	2019
Return on Equity	82,76 %	68,97 %	−27,78 %	−27,27 %
Debt-to-Equity Ratio	2,16	0,02	0	0
Operating Profit Margin	46,18 %	40,41 %	−12,2 %	−4,42 %
Current Ratio	3,84	0,94	1,13	1,2
Quick Ratio	3,84	0,94	1,13	1,2
Equity Ratio	0,3	0,36	0,17	0,2
Gross Profit Margin	97,45 %	100 %	100 %	94,69 %