VESTERÅLEN LYD AS

8430 MYRE

Finances

Return on Equity

100,49 %

Current Ratio

2,47

Debt-to-Equity Ratio

0,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 169 000	541 000	317 000	69 000
Net Income	414 000	−82 000	−17 000	26 000
Total Assets	659 000	545 000	354 000	71 000
Total Equity	412 000	−1 000	45 000	62 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 169 000	541 000	317 000	69 000
Expenditure	1 639 000	645 000	327 000	36 000
Operating Profit	530 000	−105 000	−9 000	33 000
Financial Income	0	0	0	0
Financial Costs	0	0	12 000	0
Financial Balance	0	0	−12 000	0
Earnings Before Tax	530 000	−105 000	−22 000	33 000
Tax	117 000	−23 000	−5 000	7 000
Net Income	414 000	−82 000	−17 000	26 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	412 000	275 000	201 000	32 000
Total Current Assets	247 000	270 000	152 000	39 000
Total Assets	659 000	545 000	354 000	71 000
Total Retained Equity	340 000	−73 000	9 000	26 000
Total Equity	412 000	−1 000	45 000	62 000
Total Long-Term Debt	146 000	136 000	141 000	1 000
Total Current Debt	100 000	410 000	167 000	8 000
Total Equity and Debt	659 000	545 000	354 000	71 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 144 000	219 000	85 000	69 000
Other Income	25 000	322 000	233 000	0
Revenue	2 169 000	541 000	317 000	69 000
Cost of Goods Sold	1 049 000	378 000	0	0
Salary Costs	9 000	0	0	0
Depreciation	45 000	33 000	24 000	4 000
Impairment	0	0	0	0
Expenditure	1 639 000	645 000	327 000	36 000
Operating Profit	530 000	−105 000	−9 000	33 000
Financial Income	0	0	0	0
Financial Costs	0	0	12 000	0
Financial Balance	0	0	−12 000	0
Dividends	0	0	0	0
Net Income	414 000	−82 000	−17 000	26 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	21 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	336 000	254 000	201 000	32 000
Total Tangible Assets	336 000	254 000	201 000	32 000
Total Fiancial Fixed Assets	76 000	0	0	0
Total Fixed Assets	412 000	275 000	201 000	32 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	92 000	82 000	43 000	24 000
Total Current Assets	247 000	270 000	152 000	39 000
Total Assets	659 000	545 000	354 000	71 000
Total Equity	412 000	−1 000	45 000	62 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	146 000	136 000	141 000	1 000
Creditors	15 000	0	25 000	2 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	410 000	142 000	0
Total Current Debt	100 000	410 000	167 000	8 000
Total Equity and Debt	659 000	545 000	354 000	71 000

Financial indicators	2022	2021	2020	2019
Return on Equity	100,49 %	8 200 %	−37,78 %	41,94 %
Debt-to-Equity Ratio	0,35	−136	3,13	0,02
Operating Profit Margin	24,44 %	−19,41 %	−2,84 %	47,83 %
Current Ratio	2,47	0,66	0,91	4,88
Quick Ratio	2,47	0,66	0,91	4,88
Equity Ratio	0,63	−0	0,13	0,87
Gross Profit Margin	51,64 %	30,13 %	100 %	100 %