VESTFOLD GULVSERVICE AS

3282 KVELDE

Finances

Share Ownership

Return on Equity

72,58 %

Current Ratio

0,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 470 000	2 289 000	2 459 000	1 269 000
Net Income	135 000	149 000	−188 000	68 000
Total Assets	718 000	513 000	745 000	853 000
Total Equity	186 000	51 000	−97 000	91 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 470 000	2 289 000	2 459 000	1 269 000
Expenditure	2 293 000	2 089 000	2 675 000	1 161 000
Operating Profit	177 000	201 000	−215 000	107 000
Financial Income	0	1 000	0	0
Financial Costs	4 000	12 000	25 000	22 000
Financial Balance	−4 000	−11 000	−25 000	−22 000
Earnings Before Tax	173 000	190 000	−240 000	86 000
Tax	38 000	41 000	−52 000	17 000
Net Income	135 000	149 000	−188 000	68 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	577 000	255 000	500 000	560 000
Total Current Assets	142 000	257 000	246 000	294 000
Total Assets	718 000	513 000	745 000	853 000
Total Retained Equity	164 000	29 000	−120 000	68 000
Total Equity	186 000	51 000	−97 000	91 000
Total Long-Term Debt	0	140 000	254 000	267 000
Total Current Debt	532 000	321 000	588 000	495 000
Total Equity and Debt	718 000	513 000	745 000	853 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 470 000	2 283 000	2 459 000	1 269 000
Other Income	0	7 000	0	0
Revenue	2 470 000	2 289 000	2 459 000	1 269 000
Cost of Goods Sold	375 000	289 000	479 000	173 000
Salary Costs	1 311 000	1 169 000	1 575 000	547 000
Depreciation	136 000	201 000	201 000	145 000
Impairment	0	0	0	0
Expenditure	2 293 000	2 089 000	2 675 000	1 161 000
Operating Profit	177 000	201 000	−215 000	107 000
Financial Income	0	1 000	0	0
Financial Costs	4 000	12 000	25 000	22 000
Financial Balance	−4 000	−11 000	−25 000	−22 000
Dividends	0	0	0	0
Net Income	135 000	149 000	−188 000	68 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	68 000	137 000
Total Intangible Assets	12 000	23 000	114 000	137 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	564 000	232 000	386 000	423 000
Total Tangible Assets	564 000	232 000	386 000	423 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	577 000	255 000	500 000	560 000
Stock	30 000	38 000	10 000	0
Total Investments	0	0	0	0
Cash, Bank	72 000	205 000	124 000	225 000
Total Current Assets	142 000	257 000	246 000	294 000
Total Assets	718 000	513 000	745 000	853 000
Total Equity	186 000	51 000	−97 000	91 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	140 000	254 000	267 000
Creditors	31 000	9 000	66 000	44 000
Unpaid Taxes	142 000	176 000	153 000	100 000
Dividends	0	0	0	0
Other Current Debt	332 000	118 000	369 000	341 000
Total Current Debt	532 000	321 000	588 000	495 000
Total Equity and Debt	718 000	513 000	745 000	853 000

Financial indicators	2022	2021	2020	2019
Return on Equity	72,58 %	292,16 %	193,81 %	74,73 %
Debt-to-Equity Ratio	0	2,75	−2,62	2,93
Operating Profit Margin	7,17 %	8,78 %	−8,74 %	8,43 %
Current Ratio	0,27	0,8	0,42	0,59
Quick Ratio	0,28	0,91	0,43	0,59
Equity Ratio	0,26	0,1	−0,13	0,11
Gross Profit Margin	84,82 %	87,37 %	80,52 %	86,37 %