VESTNES NORWAY AS

6900 FLORØ

Finances

Return on Equity

46,34 %

Current Ratio

0,93

Debt-to-Equity Ratio

0,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	4 740 000	2 919 000	−9 000	−19 000
Total Assets	23 857 000	22 647 000	24 000	24 000
Total Equity	10 228 000	2 969 000	−3 000	5 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	294 000	138 000	9 000	19 000
Operating Profit	−294 000	−138 000	−9 000	−19 000
Financial Income	5 001 000	3 033 000	0	0
Financial Costs	36 000	7 000	0	0
Financial Balance	4 965 000	3 026 000	0	0
Earnings Before Tax	4 670 000	2 888 000	−9 000	−19 000
Tax	−70 000	−31 000	0	0
Net Income	4 740 000	2 919 000	−9 000	−19 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 814 000	18 496 000	0	0
Total Current Assets	5 043 000	4 151 000	24 000	24 000
Total Assets	23 857 000	22 647 000	24 000	24 000
Total Retained Equity	5 137 000	2 944 000	−28 000	−19 000
Total Equity	10 228 000	2 969 000	−3 000	5 000
Total Long-Term Debt	8 191 000	7 194 000	0	0
Total Current Debt	5 438 000	12 485 000	27 000	19 000
Total Equity and Debt	23 857 000	22 647 000	24 000	24 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	−11 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	294 000	138 000	9 000	19 000
Operating Profit	−294 000	−138 000	−9 000	−19 000
Financial Income	5 001 000	3 033 000	0	0
Financial Costs	36 000	7 000	0	0
Financial Balance	4 965 000	3 026 000	0	0
Dividends	3 500 000	0	0	0
Net Income	4 740 000	2 919 000	−9 000	−19 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 053 000	983 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	17 760 000	17 513 000	0	0
Total Fixed Assets	18 814 000	18 496 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 000	1 135 000	18 000	19 000
Total Current Assets	5 043 000	4 151 000	24 000	24 000
Total Assets	23 857 000	22 647 000	24 000	24 000
Total Equity	10 228 000	2 969 000	−3 000	5 000
Short-Term Group Debt	0	11 017 000	19 000	19 000
Total Long-Term Debt	8 191 000	7 194 000	0	0
Creditors	56 000	28 000	8 000	0
Unpaid Taxes	0	0	0	0
Dividends	3 500 000	0	0	0
Other Current Debt	1 421 000	1 440 000	0	0
Total Current Debt	5 438 000	12 485 000	27 000	19 000
Total Equity and Debt	23 857 000	22 647 000	24 000	24 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,34 %	98,32 %	300 %	−380 %
Debt-to-Equity Ratio	0,8	2,42	−0	0
Operating Profit Margin	-	-	-	-
Current Ratio	0,93	0,33	0,89	1,26
Quick Ratio	0,93	0,33	0,89	1,26
Equity Ratio	0,43	0,13	−0,13	0,21
Gross Profit Margin	-	-	-	-