VESTAVIN AS

6847 VASSENDEN

Finances

Share Ownership

Return on Equity

−128,29 %

Current Ratio

0,9

Debt-to-Equity Ratio

1,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	677 000	234 000	60 000	50 000
Net Income	−322 000	−295 000	−31 000	−25 000
Total Assets	1 323 000	834 000	249 000	7 000
Total Equity	251 000	573 000	73 000	5 000

Income (NOK)	2022	2021	2020	2019
Revenue	677 000	234 000	60 000	50 000
Expenditure	1 029 000	671 000	155 000	75 000
Operating Profit	−316 000	−294 000	−31 000	−25 000
Financial Income	0	0	0	0
Financial Costs	6 000	1 000	0	0
Financial Balance	−6 000	−1 000	0	0
Earnings Before Tax	−322 000	−295 000	−31 000	−25 000
Tax	0	0	0	0
Net Income	−322 000	−295 000	−31 000	−25 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	614 000	182 000	60 000	0
Total Current Assets	709 000	651 000	190 000	7 000
Total Assets	1 323 000	834 000	249 000	7 000
Total Retained Equity	−674 000	−352 000	−57 000	−25 000
Total Equity	251 000	573 000	73 000	5 000
Total Long-Term Debt	280 000	0	0	0
Total Current Debt	792 000	260 000	176 000	2 000
Total Equity and Debt	1 323 000	834 000	249 000	7 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	295 000	294 000	60 000	50 000
Other Income	383 000	−60 000	0	0
Revenue	677 000	234 000	60 000	50 000
Cost of Goods Sold	103 000	162 000	32 000	22 000
Salary Costs	378 000	144 000	0	0
Depreciation	90 000	23 000	8 000	0
Impairment	0	0	0	0
Expenditure	1 029 000	671 000	155 000	75 000
Operating Profit	−316 000	−294 000	−31 000	−25 000
Financial Income	0	0	0	0
Financial Costs	6 000	1 000	0	0
Financial Balance	−6 000	−1 000	0	0
Dividends	0	0	0	0
Net Income	−322 000	−295 000	−31 000	−25 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	167 000	40 000	0
Fixtures	614 000	15 000	20 000	0
Total Tangible Assets	614 000	182 000	60 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	614 000	182 000	60 000	0
Stock	273 000	207 000	64 000	0
Total Investments	0	0	0	0
Cash, Bank	262 000	319 000	66 000	7 000
Total Current Assets	709 000	651 000	190 000	7 000
Total Assets	1 323 000	834 000	249 000	7 000
Total Equity	251 000	573 000	73 000	5 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	280 000	0	0	0
Creditors	136 000	37 000	26 000	2 000
Unpaid Taxes	35 000	13 000	0	0
Dividends	0	0	0	0
Other Current Debt	444 000	210 000	150 000	1 000
Total Current Debt	792 000	260 000	176 000	2 000
Total Equity and Debt	1 323 000	834 000	249 000	7 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−128,29 %	−51,48 %	−42,47 %	−500 %
Debt-to-Equity Ratio	1,12	0	0	0
Operating Profit Margin	−46,68 %	−125,64 %	−51,67 %	−50 %
Current Ratio	0,9	2,5	1,08	3,5
Quick Ratio	1,37	12,28	1,7	3,5
Equity Ratio	0,19	0,69	0,29	0,71
Gross Profit Margin	84,79 %	30,77 %	46,67 %	56 %