VESTLANDSHYTTEN AS

5353 STRAUME

Finances

Share Ownership

Return on Equity

−347,83 %

Current Ratio

1,04

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020
Revenue	511 000	993 000	660 000
Net Income	−160 000	83 000	99 000
Total Assets	167 000	392 000	278 000
Total Equity	46 000	206 000	123 000

Income (NOK)	2022	2021	2020
Revenue	511 000	993 000	660 000
Expenditure	715 000	887 000	534 000
Operating Profit	−204 000	106 000	126 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	−204 000	106 000	126 000
Tax	−44 000	23 000	27 000
Net Income	−160 000	83 000	99 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	44 000	0	0
Total Current Assets	123 000	392 000	278 000
Total Assets	167 000	392 000	278 000
Total Retained Equity	16 000	176 000	93 000
Total Equity	46 000	206 000	123 000
Total Long-Term Debt	3 000	2 000	0
Total Current Debt	118 000	184 000	155 000
Total Equity and Debt	167 000	392 000	278 000

Cash flow (NOK)	2022	2021	2020
Sales Income	511 000	993 000	660 000
Other Income	0	0	0
Revenue	511 000	993 000	660 000
Cost of Goods Sold	13 000	0	0
Salary Costs	593 000	743 000	451 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	715 000	887 000	534 000
Operating Profit	−204 000	106 000	126 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	−160 000	83 000	99 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	44 000	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	44 000	0	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	67 000	236 000	177 000
Total Current Assets	123 000	392 000	278 000
Total Assets	167 000	392 000	278 000
Total Equity	46 000	206 000	123 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	3 000	2 000	0
Creditors	0	3 000	7 000
Unpaid Taxes	23 000	84 000	73 000
Dividends	0	0	0
Other Current Debt	0	74 000	48 000
Total Current Debt	118 000	184 000	155 000
Total Equity and Debt	167 000	392 000	278 000

Financial indicators	2022	2021	2020
Return on Equity	−347,83 %	40,29 %	80,49 %
Debt-to-Equity Ratio	0,07	0,01	0
Operating Profit Margin	−39,92 %	10,67 %	19,09 %
Current Ratio	1,04	2,13	1,79
Quick Ratio	1,04	2,13	1,79
Equity Ratio	0,28	0,53	0,44
Gross Profit Margin	97,46 %	100 %	100 %