VESTMANNA AS

2836 BIRI

Finances

Share Ownership

Return on Equity

1,64 %

Current Ratio

1,12

Debt-to-Equity Ratio

1,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 838 000	4 216 000	3 206 000	726 000
Net Income	1 000	135 000	48 000	−127 000
Total Assets	664 000	808 000	550 000	585 000
Total Equity	61 000	60 000	−49 000	−97 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 838 000	4 216 000	3 206 000	726 000
Expenditure	4 828 000	4 032 000	3 132 000	886 000
Operating Profit	9 000	183 000	74 000	−160 000
Financial Income	0	1 000	0	0
Financial Costs	8 000	9 000	12 000	7 000
Financial Balance	−8 000	−8 000	−12 000	−7 000
Earnings Before Tax	1 000	174 000	62 000	−167 000
Tax	0	39 000	14 000	−39 000
Net Income	1 000	135 000	48 000	−127 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	71 000	131 000	206 000	317 000
Total Current Assets	593 000	677 000	345 000	268 000
Total Assets	664 000	808 000	550 000	585 000
Total Retained Equity	31 000	30 000	−79 000	−127 000
Total Equity	61 000	60 000	−49 000	−97 000
Total Long-Term Debt	72 000	147 000	219 000	323 000
Total Current Debt	531 000	601 000	380 000	359 000
Total Equity and Debt	664 000	808 000	550 000	585 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 822 000	4 164 000	3 157 000	725 000
Other Income	16 000	52 000	49 000	0
Revenue	4 838 000	4 216 000	3 206 000	726 000
Cost of Goods Sold	3 185 000	2 695 000	2 026 000	385 000
Salary Costs	916 000	740 000	462 000	233 000
Depreciation	60 000	60 000	60 000	98 000
Impairment	0	0	0	0
Expenditure	4 828 000	4 032 000	3 132 000	886 000
Operating Profit	9 000	183 000	74 000	−160 000
Financial Income	0	1 000	0	0
Financial Costs	8 000	9 000	12 000	7 000
Financial Balance	−8 000	−8 000	−12 000	−7 000
Dividends	0	26 000	0	0
Net Income	1 000	135 000	48 000	−127 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 000	11 000	26 000	39 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	60 000	120 000	180 000	278 000
Total Tangible Assets	60 000	120 000	180 000	278 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	71 000	131 000	206 000	317 000
Stock	108 000	81 000	36 000	47 000
Total Investments	0	0	0	0
Cash, Bank	41 000	220 000	133 000	77 000
Total Current Assets	593 000	677 000	345 000	268 000
Total Assets	664 000	808 000	550 000	585 000
Total Equity	61 000	60 000	−49 000	−97 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	72 000	147 000	219 000	323 000
Creditors	294 000	336 000	153 000	166 000
Unpaid Taxes	105 000	131 000	100 000	84 000
Dividends	0	26 000	0	0
Other Current Debt	133 000	83 000	127 000	109 000
Total Current Debt	531 000	601 000	380 000	359 000
Total Equity and Debt	664 000	808 000	550 000	585 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,64 %	225 %	−97,96 %	130,93 %
Debt-to-Equity Ratio	1,18	2,45	−4,47	−3,33
Operating Profit Margin	0,19 %	4,34 %	2,31 %	−22,04 %
Current Ratio	1,12	1,13	0,91	0,75
Quick Ratio	1,4	1,3	1	0,86
Equity Ratio	0,09	0,07	−0,09	−0,17
Gross Profit Margin	34,17 %	36,08 %	36,81 %	46,97 %