VESTFOLD DENTAL AS

3110 TØNSBERG

Finances

Share Ownership

Return on Equity

57,1 %

Current Ratio

2,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 646 000	3 887 000	2 105 000	2 563 000
Net Income	575 000	827 000	126 000	168 000
Total Assets	1 621 000	1 752 000	682 000	626 000
Total Equity	1 007 000	1 262 000	436 000	−401 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 646 000	3 887 000	2 105 000	2 563 000
Expenditure	2 892 000	2 837 000	2 002 000	2 313 000
Operating Profit	754 000	1 051 000	103 000	249 000
Financial Income	0	0	78 000	0
Financial Costs	11 000	11 000	55 000	82 000
Financial Balance	−11 000	−11 000	23 000	−82 000
Earnings Before Tax	743 000	1 040 000	126 000	168 000
Tax	168 000	213 000	0	0
Net Income	575 000	827 000	126 000	168 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	87 000	127 000	167 000	0
Total Current Assets	1 534 000	1 625 000	515 000	626 000
Total Assets	1 621 000	1 752 000	682 000	626 000
Total Retained Equity	307 000	−68 000	−894 000	−1 021 000
Total Equity	1 007 000	1 262 000	436 000	−401 000
Total Long-Term Debt	0	0	8 000	69 000
Total Current Debt	614 000	490 000	238 000	957 000
Total Equity and Debt	1 621 000	1 752 000	682 000	626 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 646 000	3 887 000	2 105 000	2 563 000
Other Income	0	0	0	0
Revenue	3 646 000	3 887 000	2 105 000	2 563 000
Cost of Goods Sold	761 000	707 000	476 000	579 000
Salary Costs	1 246 000	1 340 000	907 000	1 108 000
Depreciation	40 000	40 000	33 000	0
Impairment	0	0	0	0
Expenditure	2 892 000	2 837 000	2 002 000	2 313 000
Operating Profit	754 000	1 051 000	103 000	249 000
Financial Income	0	0	78 000	0
Financial Costs	11 000	11 000	55 000	82 000
Financial Balance	−11 000	−11 000	23 000	−82 000
Dividends	200 000	0	0	0
Net Income	575 000	827 000	126 000	168 000

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	87 000	0	0	0
Total Tangible Assets	87 000	127 000	167 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	87 000	127 000	167 000	0
Stock	418 000	399 000	169 000	198 000
Total Investments	0	0	0	0
Cash, Bank	854 000	989 000	120 000	26 000
Total Current Assets	1 534 000	1 625 000	515 000	626 000
Total Assets	1 621 000	1 752 000	682 000	626 000
Total Equity	1 007 000	1 262 000	436 000	−401 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	8 000	69 000
Creditors	27 000	47 000	17 000	54 000
Unpaid Taxes	108 000	79 000	64 000	57 000
Dividends	200 000	0	0	0
Other Current Debt	311 000	150 000	157 000	375 000
Total Current Debt	614 000	490 000	238 000	957 000
Total Equity and Debt	1 621 000	1 752 000	682 000	626 000

Financial indicators	2022	2021	2020	2019
Return on Equity	57,1 %	65,53 %	28,9 %	−41,9 %
Debt-to-Equity Ratio	0	0	0,02	−0,17
Operating Profit Margin	20,68 %	27,04 %	4,89 %	9,72 %
Current Ratio	2,5	3,32	2,16	0,65
Quick Ratio	7,83	17,86	7,46	0,82
Equity Ratio	0,62	0,72	0,64	−0,64
Gross Profit Margin	79,13 %	81,81 %	77,39 %	77,41 %