VESTLAND VEGTENESTE AS

5707 EVANGER

Finances

Share Ownership

Return on Equity

235,44 %

Current Ratio

0,79

Debt-to-Equity Ratio

−7,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 692 000	2 403 000	1 033 000	1 771 000
Net Income	−186 000	37 000	26 000	63 000
Total Assets	1 387 000	1 035 000	319 000	561 000
Total Equity	−79 000	106 000	69 000	43 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 692 000	2 403 000	1 033 000	1 771 000
Expenditure	3 900 000	2 346 000	991 000	1 677 000
Operating Profit	−208 000	57 000	42 000	93 000
Financial Income	0	0	0	0
Financial Costs	30 000	9 000	8 000	12 000
Financial Balance	−30 000	−9 000	−8 000	−12 000
Earnings Before Tax	−238 000	47 000	34 000	81 000
Tax	−52 000	10 000	7 000	18 000
Net Income	−186 000	37 000	26 000	63 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	677 000	241 000	41 000	60 000
Total Current Assets	710 000	794 000	278 000	501 000
Total Assets	1 387 000	1 035 000	319 000	561 000
Total Retained Equity	−134 000	52 000	15 000	−12 000
Total Equity	−79 000	106 000	69 000	43 000
Total Long-Term Debt	561 000	187 000	60 000	78 000
Total Current Debt	904 000	742 000	190 000	440 000
Total Equity and Debt	1 387 000	1 035 000	319 000	561 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 692 000	2 403 000	1 033 000	1 771 000
Other Income	0	0	0	0
Revenue	3 692 000	2 403 000	1 033 000	1 771 000
Cost of Goods Sold	377 000	200 000	0	0
Salary Costs	2 890 000	1 697 000	696 000	1 424 000
Depreciation	70 000	23 000	8 000	8 000
Impairment	0	0	0	0
Expenditure	3 900 000	2 346 000	991 000	1 677 000
Operating Profit	−208 000	57 000	42 000	93 000
Financial Income	0	0	0	0
Financial Costs	30 000	9 000	8 000	12 000
Financial Balance	−30 000	−9 000	−8 000	−12 000
Dividends	0	0	0	0
Net Income	−186 000	37 000	26 000	63 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	44 000	0	0	5 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	24 000	32 000
Fixtures	628 000	230 000	0	0
Total Tangible Assets	628 000	230 000	24 000	32 000
Total Fiancial Fixed Assets	5 000	11 000	17 000	23 000
Total Fixed Assets	677 000	241 000	41 000	60 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	138 000	12 000	124 000	46 000
Total Current Assets	710 000	794 000	278 000	501 000
Total Assets	1 387 000	1 035 000	319 000	561 000
Total Equity	−79 000	106 000	69 000	43 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	561 000	187 000	60 000	78 000
Creditors	15 000	76 000	22 000	23 000
Unpaid Taxes	431 000	328 000	76 000	184 000
Dividends	0	0	0	0
Other Current Debt	459 000	336 000	90 000	234 000
Total Current Debt	904 000	742 000	190 000	440 000
Total Equity and Debt	1 387 000	1 035 000	319 000	561 000

Financial indicators	2022	2021	2020	2019
Return on Equity	235,44 %	34,91 %	37,68 %	146,51 %
Debt-to-Equity Ratio	−7,1	1,76	0,87	1,81
Operating Profit Margin	−5,63 %	2,37 %	4,07 %	5,25 %
Current Ratio	0,79	1,07	1,46	1,14
Quick Ratio	0,79	1,07	1,46	1,14
Equity Ratio	−0,06	0,1	0,22	0,08
Gross Profit Margin	89,79 %	91,68 %	100 %	100 %