VESTAR AS

6532 AVERØY

Finances

Share Ownership

Return on Equity

75,41 %

Current Ratio

0,04

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	79 000	61 000	36 000	128 000
Net Income	−46 000	−57 000	−70 000	12 000
Total Assets	324 000	348 000	352 000	127 000
Total Equity	−61 000	−15 000	42 000	112 000

Income (NOK)	2022	2021	2020	2019
Revenue	79 000	61 000	36 000	128 000
Expenditure	143 000	136 000	130 000	112 000
Operating Profit	−63 000	−74 000	−94 000	15 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−63 000	−74 000	−94 000	15 000
Tax	−17 000	−16 000	−24 000	3 000
Net Income	−46 000	−57 000	−70 000	12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	307 000	332 000	330 000	0
Total Current Assets	17 000	16 000	22 000	127 000
Total Assets	324 000	348 000	352 000	127 000
Total Retained Equity	−161 000	−115 000	−58 000	12 000
Total Equity	−61 000	−15 000	42 000	112 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	385 000	363 000	310 000	15 000
Total Equity and Debt	324 000	348 000	352 000	127 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	79 000	61 000	36 000	128 000
Other Income	0	0	0	0
Revenue	79 000	61 000	36 000	128 000
Cost of Goods Sold	0	4 000	0	0
Salary Costs	6 000	0	0	0
Depreciation	39 000	37 000	34 000	0
Impairment	0	0	0	0
Expenditure	143 000	136 000	130 000	112 000
Operating Profit	−63 000	−74 000	−94 000	15 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−46 000	−57 000	−70 000	12 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	51 000	37 000	21 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	256 000	295 000	309 000	0
Fixtures	0	0	0	0
Total Tangible Assets	256 000	295 000	309 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	307 000	332 000	330 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	9 000	7 000	8 000	127 000
Total Current Assets	17 000	16 000	22 000	127 000
Total Assets	324 000	348 000	352 000	127 000
Total Equity	−61 000	−15 000	42 000	112 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	2 000	0	1 000
Unpaid Taxes	0	0	8 000	11 000
Dividends	0	0	0	0
Other Current Debt	385 000	361 000	306 000	0
Total Current Debt	385 000	363 000	310 000	15 000
Total Equity and Debt	324 000	348 000	352 000	127 000

Financial indicators	2022	2021	2020	2019
Return on Equity	75,41 %	380 %	−166,67 %	10,71 %
Debt-to-Equity Ratio	−0	−0	0	0
Operating Profit Margin	−79,75 %	−121,31 %	−261,11 %	11,72 %
Current Ratio	0,04	0,04	0,07	8,47
Quick Ratio	0,04	0,04	0,07	8,47
Equity Ratio	−0,19	−0,04	0,12	0,88
Gross Profit Margin	100 %	93,44 %	100 %	100 %