VESTVATN AS

8100 MISVÆR

Finances

Share Ownership

Return on Equity

91,68 %

Current Ratio

0,86

Debt-to-Equity Ratio

−1,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 222 000	2 655 000	2 790 000	2 968 000
Net Income	−595 000	1 000	513 000	156 000
Total Assets	1 441 000	1 563 000	1 405 000	1 252 000
Total Equity	−649 000	−54 000	−56 000	56 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 222 000	2 655 000	2 790 000	2 968 000
Expenditure	3 818 000	2 654 000	2 283 000	2 804 000
Operating Profit	−596 000	1 000	507 000	165 000
Financial Income	1 000	1 000	0	1 000
Financial Costs	0	0	2 000	2 000
Financial Balance	1 000	1 000	−2 000	−1 000
Earnings Before Tax	−595 000	1 000	506 000	163 000
Tax	0	0	−7 000	7 000
Net Income	−595 000	1 000	513 000	156 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	683 000	632 000	668 000	247 000
Total Current Assets	758 000	931 000	737 000	1 005 000
Total Assets	1 441 000	1 563 000	1 405 000	1 252 000
Total Retained Equity	−672 000	−77 000	−79 000	33 000
Total Equity	−649 000	−54 000	−56 000	56 000
Total Long-Term Debt	1 204 000	1 270 000	1 100 000	7 000
Total Current Debt	886 000	348 000	361 000	1 189 000
Total Equity and Debt	1 441 000	1 563 000	1 405 000	1 252 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 155 000	1 035 000	1 590 000	2 359 000
Other Income	1 068 000	1 620 000	1 200 000	609 000
Revenue	3 222 000	2 655 000	2 790 000	2 968 000
Cost of Goods Sold	148 000	143 000	166 000	287 000
Salary Costs	1 252 000	957 000	681 000	617 000
Depreciation	155 000	134 000	61 000	20 000
Impairment	0	0	0	0
Expenditure	3 818 000	2 654 000	2 283 000	2 804 000
Operating Profit	−596 000	1 000	507 000	165 000
Financial Income	1 000	1 000	0	1 000
Financial Costs	0	0	2 000	2 000
Financial Balance	1 000	1 000	−2 000	−1 000
Dividends	0	0	0	0
Net Income	−595 000	1 000	513 000	156 000

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	546 000	511 000	532 000	78 000
Fixtures	138 000	121 000	136 000	169 000
Total Tangible Assets	683 000	632 000	668 000	247 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	683 000	632 000	668 000	247 000
Stock	104 000	32 000	67 000	78 000
Total Investments	0	0	0	0
Cash, Bank	487 000	705 000	272 000	357 000
Total Current Assets	758 000	931 000	737 000	1 005 000
Total Assets	1 441 000	1 563 000	1 405 000	1 252 000
Total Equity	−649 000	−54 000	−56 000	56 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 204 000	1 270 000	1 100 000	7 000
Creditors	491 000	82 000	219 000	538 000
Unpaid Taxes	56 000	62 000	26 000	53 000
Dividends	0	0	0	0
Other Current Debt	339 000	204 000	115 000	598 000
Total Current Debt	886 000	348 000	361 000	1 189 000
Total Equity and Debt	1 441 000	1 563 000	1 405 000	1 252 000

Financial indicators	2022	2021	2020	2019
Return on Equity	91,68 %	−1,85 %	−916,07 %	278,57 %
Debt-to-Equity Ratio	−1,86	−23,52	−19,64	0,13
Operating Profit Margin	−18,5 %	0,04 %	18,17 %	5,56 %
Current Ratio	0,86	2,68	2,04	0,85
Quick Ratio	0,97	2,95	2,51	0,9
Equity Ratio	−0,45	−0,03	−0,04	0,04
Gross Profit Margin	95,41 %	94,61 %	94,05 %	90,33 %