VESTABERG ACCOUNTING CONSULTATION AS

0450 OSLO

Finances

Share Ownership

Return on Equity

−20 %

Current Ratio

0,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	206 000	197 000	181 000	74 000
Net Income	−7 000	31 000	6 000	−19 000
Total Assets	68 000	35 000	36 000	41 000
Total Equity	35 000	43 000	12 000	6 000

Income (NOK)	2022	2021	2020	2019
Revenue	206 000	197 000	181 000	74 000
Expenditure	212 000	165 000	172 000	93 000
Operating Profit	−5 000	33 000	9 000	−20 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	−1 000
Financial Balance	0	0	−1 000	1 000
Earnings Before Tax	−6 000	33 000	8 000	−19 000
Tax	2 000	2 000	2 000	0
Net Income	−7 000	31 000	6 000	−19 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	36 000	27 000	25 000	38 000
Total Current Assets	32 000	7 000	11 000	3 000
Total Assets	68 000	35 000	36 000	41 000
Total Retained Equity	5 000	18 000	−13 000	−19 000
Total Equity	35 000	43 000	12 000	6 000
Total Long-Term Debt	0	−1 000	−1 000	−1 000
Total Current Debt	33 000	−7 000	25 000	35 000
Total Equity and Debt	68 000	35 000	36 000	41 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	206 000	197 000	181 000	74 000
Other Income	0	0	0	0
Revenue	206 000	197 000	181 000	74 000
Cost of Goods Sold	0	0	0	0
Salary Costs	100 000	78 000	54 000	45 000
Depreciation	12 000	13 000	13 000	0
Impairment	0	0	0	0
Expenditure	212 000	165 000	172 000	93 000
Operating Profit	−5 000	33 000	9 000	−20 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	−1 000
Financial Balance	0	0	−1 000	1 000
Dividends	0	0	0	0
Net Income	−7 000	31 000	6 000	−19 000

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	12 000	25 000	38 000
Total Tangible Assets	0	12 000	25 000	38 000
Total Fiancial Fixed Assets	36 000	16 000	0	0
Total Fixed Assets	36 000	27 000	25 000	38 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	0	−6 000	1 000
Total Current Assets	32 000	7 000	11 000	3 000
Total Assets	68 000	35 000	36 000	41 000
Total Equity	35 000	43 000	12 000	6 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	−1 000	−1 000	−1 000
Creditors	11 000	2 000	8 000	2 000
Unpaid Taxes	10 000	6 000	5 000	3 000
Dividends	0	0	0	0
Other Current Debt	12 000	−25 000	−3 000	5 000
Total Current Debt	33 000	−7 000	25 000	35 000
Total Equity and Debt	68 000	35 000	36 000	41 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−20 %	72,09 %	50 %	−316,67 %
Debt-to-Equity Ratio	0	−0,02	−0,08	−0,17
Operating Profit Margin	−2,43 %	16,75 %	4,97 %	−27,03 %
Current Ratio	0,97	−1	0,44	0,09
Quick Ratio	0,97	−1	0,44	0,09
Equity Ratio	0,51	1,23	0,33	0,15
Gross Profit Margin	100 %	100 %	100 %	100 %