VESTAVIND RENHOLD AS

5105 EIDSVÅG I ÅSANE

Finances

Share Ownership

Return on Equity

37,85 %

Current Ratio

5,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 872 000	2 451 000	1 987 000	528 000
Net Income	600 000	536 000	481 000	57 000
Total Assets	1 915 000	1 674 000	1 103 000	457 000
Total Equity	1 585 000	1 104 000	569 000	87 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 872 000	2 451 000	1 987 000	528 000
Expenditure	2 268 000	1 739 000	1 391 000	451 000
Operating Profit	603 000	712 000	596 000	77 000
Financial Income	0	0	0	0
Financial Costs	3 000	3 000	0	4 000
Financial Balance	−3 000	−3 000	0	−4 000
Earnings Before Tax	600 000	709 000	596 000	74 000
Tax	0	173 000	115 000	16 000
Net Income	600 000	536 000	481 000	57 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 000	39 000	0	0
Total Current Assets	1 893 000	1 635 000	1 103 000	457 000
Total Assets	1 915 000	1 674 000	1 103 000	457 000
Total Retained Equity	1 555 000	1 074 000	539 000	57 000
Total Equity	1 585 000	1 104 000	569 000	87 000
Total Long-Term Debt	0	84 000	93 000	265 000
Total Current Debt	330 000	485 000	442 000	105 000
Total Equity and Debt	1 915 000	1 674 000	1 103 000	457 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 872 000	2 451 000	1 987 000	528 000
Other Income	0	0	0	0
Revenue	2 872 000	2 451 000	1 987 000	528 000
Cost of Goods Sold	92 000	57 000	68 000	25 000
Salary Costs	1 578 000	1 194 000	929 000	204 000
Depreciation	15 000	15 000	0	0
Impairment	0	0	0	0
Expenditure	2 268 000	1 739 000	1 391 000	451 000
Operating Profit	603 000	712 000	596 000	77 000
Financial Income	0	0	0	0
Financial Costs	3 000	3 000	0	4 000
Financial Balance	−3 000	−3 000	0	−4 000
Dividends	0	0	0	0
Net Income	600 000	536 000	481 000	57 000

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	39 000	0	0
Total Tangible Assets	0	39 000	0	0
Total Fiancial Fixed Assets	23 000	0	0	0
Total Fixed Assets	23 000	39 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 778 000	1 600 000	989 000	434 000
Total Current Assets	1 893 000	1 635 000	1 103 000	457 000
Total Assets	1 915 000	1 674 000	1 103 000	457 000
Total Equity	1 585 000	1 104 000	569 000	87 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	84 000	93 000	265 000
Creditors	76 000	25 000	31 000	16 000
Unpaid Taxes	276 000	150 000	157 000	53 000
Dividends	0	0	0	0
Other Current Debt	0	154 000	123 000	21 000
Total Current Debt	330 000	485 000	442 000	105 000
Total Equity and Debt	1 915 000	1 674 000	1 103 000	457 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,85 %	48,55 %	84,53 %	65,52 %
Debt-to-Equity Ratio	0	0,08	0,16	3,05
Operating Profit Margin	21 %	29,05 %	29,99 %	14,58 %
Current Ratio	5,74	3,37	2,5	4,35
Quick Ratio	5,74	3,37	2,5	4,35
Equity Ratio	0,83	0,66	0,52	0,19
Gross Profit Margin	96,8 %	97,67 %	96,58 %	95,27 %