VANN VEST AS

5147 FYLLINGSDALEN

Finances

Share Ownership

Return on Equity

90,82 %

Current Ratio

3,36

Debt-to-Equity Ratio

7,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 430 000	10 962 000	60 000	0
Net Income	623 000	378 000	−444 000	0
Total Assets	7 883 000	6 537 000	1 039 000	573 000
Total Equity	686 000	43 000	−345 000	74 000

Income (NOK)	2022	2021	2020
Revenue	13 430 000	10 962 000	60 000
Expenditure	12 811 000	10 586 000	505 000
Operating Profit	620 000	376 000	−444 000
Financial Income	3 000	2 000	0
Financial Costs	0	0	0
Financial Balance	3 000	2 000	0
Earnings Before Tax	623 000	378 000	−444 000
Tax	0	0	0
Net Income	623 000	378 000	−444 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	163 000	61 000	76 000	0
Total Current Assets	7 721 000	6 476 000	963 000	573 000
Total Assets	7 883 000	6 537 000	1 039 000	573 000
Total Retained Equity	557 000	−66 000	−444 000	0
Total Equity	686 000	43 000	−345 000	74 000
Total Long-Term Debt	4 901 000	4 699 000	1 104 000	473 000
Total Current Debt	2 296 000	1 795 000	279 000	26 000
Total Equity and Debt	7 883 000	6 537 000	1 039 000	573 000

Cash flow (NOK)	2022	2021	2020
Sales Income	11 789 000	8 657 000	0
Other Income	1 641 000	2 306 000	60 000
Revenue	13 430 000	10 962 000	60 000
Cost of Goods Sold	3 130 000	3 100 000	0
Salary Costs	5 823 000	5 506 000	69 000
Depreciation	37 000	15 000	11 000
Impairment	0	0	0
Expenditure	12 811 000	10 586 000	505 000
Operating Profit	620 000	376 000	−444 000
Financial Income	3 000	2 000	0
Financial Costs	0	0	0
Financial Balance	3 000	2 000	0
Dividends	0	0	0
Net Income	623 000	378 000	−444 000

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	0	0	0
Fixtures	163 000	61 000	76 000	0
Total Tangible Assets	163 000	61 000	76 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	163 000	61 000	76 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 870 000	3 412 000	950 000	573 000
Total Current Assets	7 721 000	6 476 000	963 000	573 000
Total Assets	7 883 000	6 537 000	1 039 000	573 000
Total Equity	686 000	43 000	−345 000	74 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 901 000	4 699 000	1 104 000	473 000
Creditors	713 000	366 000	14 000	0
Unpaid Taxes	979 000	620 000	0	0
Dividends	0	0	0	0
Other Current Debt	604 000	808 000	266 000	26 000
Total Current Debt	2 296 000	1 795 000	279 000	26 000
Total Equity and Debt	7 883 000	6 537 000	1 039 000	573 000

Financial indicators	2022	2021	2020	2019
Return on Equity	90,82 %	879,07 %	128,7 %	0 %
Debt-to-Equity Ratio	7,14	109,28	−3,2	6,39
Operating Profit Margin	4,62 %	3,43 %	−740 %	-
Current Ratio	3,36	3,61	3,45	22,04
Quick Ratio	3,36	3,61	3,45	22,04
Equity Ratio	0,09	0,01	−0,33	0,13
Gross Profit Margin	76,69 %	71,72 %	100 %	-