VESTLANDSENTREPRENØREN AS

5105 EIDSVÅG I ÅSANE

Finances

Return on Equity

−31,3 %

Current Ratio

1,35

Debt-to-Equity Ratio

1,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 967 000	6 580 000	1 917 000	1 331 000
Net Income	−22 991 000	−84 975 000	−11 391 000	−10 308 000
Total Assets	154 955 000	110 681 000	28 156 000	15 687 000
Total Equity	73 454 000	46 445 000	−10 152 000	1 239 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 967 000	6 580 000	1 917 000	1 331 000
Expenditure	13 786 000	7 614 000	2 317 000	1 448 000
Operating Profit	−6 818 000	−1 034 000	−401 000	−116 000
Financial Income	6 082 000	1 362 000	129 000	126 000
Financial Costs	22 255 000	85 303 000	11 082 000	10 355 000
Financial Balance	−16 173 000	−83 941 000	−10 953 000	−10 229 000
Earnings Before Tax	−22 991 000	−84 975 000	−11 354 000	−10 345 000
Tax	0	0	37 000	−37 000
Net Income	−22 991 000	−84 975 000	−11 391 000	−10 308 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	145 603 000	105 561 000	18 691 000	14 653 000
Total Current Assets	9 351 000	5 120 000	9 464 000	1 034 000
Total Assets	154 955 000	110 681 000	28 156 000	15 687 000
Total Retained Equity	0	0	−10 456 000	0
Total Equity	73 454 000	46 445 000	−10 152 000	1 239 000
Total Long-Term Debt	74 557 000	33 969 000	23 886 000	13 909 000
Total Current Debt	6 944 000	30 267 000	14 422 000	539 000
Total Equity and Debt	154 955 000	110 681 000	28 156 000	15 687 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 967 000	6 580 000	1 917 000	1 331 000
Other Income	0	0	0	0
Revenue	6 967 000	6 580 000	1 917 000	1 331 000
Cost of Goods Sold	5 801 000	3 400 000	0	0
Salary Costs	6 769 000	3 306 000	1 826 000	1 113 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	13 786 000	7 614 000	2 317 000	1 448 000
Operating Profit	−6 818 000	−1 034 000	−401 000	−116 000
Financial Income	6 082 000	1 362 000	129 000	126 000
Financial Costs	22 255 000	85 303 000	11 082 000	10 355 000
Financial Balance	−16 173 000	−83 941 000	−10 953 000	−10 229 000
Dividends	0	0	0	0
Net Income	−22 991 000	−84 975 000	−11 391 000	−10 308 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	37 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	145 603 000	105 561 000	18 691 000	14 615 000
Total Fixed Assets	145 603 000	105 561 000	18 691 000	14 653 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 222 000	264 000	82 000	646 000
Total Current Assets	9 351 000	5 120 000	9 464 000	1 034 000
Total Assets	154 955 000	110 681 000	28 156 000	15 687 000
Total Equity	73 454 000	46 445 000	−10 152 000	1 239 000
Short-Term Group Debt	900 000	20 251 000	6 271 000	0
Total Long-Term Debt	74 557 000	33 969 000	23 886 000	13 909 000
Creditors	2 013 000	46 000	2 000	307 000
Unpaid Taxes	1 511 000	440 000	143 000	133 000
Dividends	0	0	0	0
Other Current Debt	2 519 000	6 056 000	163 000	99 000
Total Current Debt	6 944 000	30 267 000	14 422 000	539 000
Total Equity and Debt	154 955 000	110 681 000	28 156 000	15 687 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−31,3 %	−182,96 %	112,2 %	−831,96 %
Debt-to-Equity Ratio	1,02	0,73	−2,35	11,23
Operating Profit Margin	−97,86 %	−15,71 %	−20,92 %	−8,72 %
Current Ratio	1,35	0,17	0,66	1,92
Quick Ratio	1,35	0,17	0,66	1,92
Equity Ratio	0,47	0,42	−0,36	0,08
Gross Profit Margin	16,74 %	48,33 %	100 %	100 %