VESTFLOW AS

4342 UNDHEIM

Finances

Share Ownership

Return on Equity

76,82 %

Current Ratio

0,07

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	648 000	435 000	484 000	864 000
Net Income	−116 000	41 000	96 000	−202 000
Total Assets	78 000	225 000	206 000	22 000
Total Equity	−151 000	−35 000	−76 000	−172 000

Income (NOK)	2022	2021	2020	2019
Revenue	648 000	435 000	484 000	864 000
Expenditure	760 000	394 000	384 000	1 065 000
Operating Profit	−111 000	41 000	100 000	−201 000
Financial Income	2 000	1 000	0	0
Financial Costs	8 000	1 000	3 000	1 000
Financial Balance	−6 000	0	−3 000	−1 000
Earnings Before Tax	−116 000	41 000	96 000	−202 000
Tax	0	0	0	0
Net Income	−116 000	41 000	96 000	−202 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	62 000	78 000	97 000	0
Total Current Assets	16 000	147 000	109 000	22 000
Total Assets	78 000	225 000	206 000	22 000
Total Retained Equity	−181 000	−65 000	−106 000	−202 000
Total Equity	−151 000	−35 000	−76 000	−172 000
Total Long-Term Debt	0	35 000	35 000	35 000
Total Current Debt	229 000	224 000	247 000	159 000
Total Equity and Debt	78 000	225 000	206 000	22 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	648 000	435 000	484 000	864 000
Other Income	0	0	0	0
Revenue	648 000	435 000	484 000	864 000
Cost of Goods Sold	386 000	155 000	193 000	498 000
Salary Costs	85 000	34 000	7 000	171 000
Depreciation	16 000	19 000	24 000	0
Impairment	0	0	0	0
Expenditure	760 000	394 000	384 000	1 065 000
Operating Profit	−111 000	41 000	100 000	−201 000
Financial Income	2 000	1 000	0	0
Financial Costs	8 000	1 000	3 000	1 000
Financial Balance	−6 000	0	−3 000	−1 000
Dividends	0	0	0	0
Net Income	−116 000	41 000	96 000	−202 000

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	62 000	78 000	97 000	0
Total Tangible Assets	62 000	78 000	97 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	62 000	78 000	97 000	0
Stock	7 000	8 000	3 000	3 000
Total Investments	0	0	0	0
Cash, Bank	8 000	4 000	38 000	15 000
Total Current Assets	16 000	147 000	109 000	22 000
Total Assets	78 000	225 000	206 000	22 000
Total Equity	−151 000	−35 000	−76 000	−172 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	35 000	35 000	35 000
Creditors	137 000	98 000	−48 000	31 000
Unpaid Taxes	33 000	48 000	53 000	22 000
Dividends	0	0	0	0
Other Current Debt	58 000	78 000	243 000	107 000
Total Current Debt	229 000	224 000	247 000	159 000
Total Equity and Debt	78 000	225 000	206 000	22 000

Financial indicators	2022	2021	2020	2019
Return on Equity	76,82 %	−117,14 %	−126,32 %	117,44 %
Debt-to-Equity Ratio	−0	−1	−0,46	−0,2
Operating Profit Margin	−17,13 %	9,43 %	20,66 %	−23,26 %
Current Ratio	0,07	0,66	0,44	0,14
Quick Ratio	0,07	0,68	0,45	0,14
Equity Ratio	−1,94	−0,16	−0,37	−7,82
Gross Profit Margin	40,43 %	64,37 %	60,12 %	42,36 %