VESTLAND KJØKKENSENTER AS

5130 NYBORG

Finances

Share Ownership

Return on Equity

19,52 %

Current Ratio

1,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	22 117 000	14 179 000	3 689 000
Net Income	122 000	744 000	−29 000
Total Assets	5 532 000	3 770 000	2 577 000
Total Equity	625 000	745 000	1 000

Income (NOK)	2022	2021	2020
Revenue	22 117 000	14 179 000	3 689 000
Expenditure	21 941 000	13 223 000	3 724 000
Operating Profit	176 000	956 000	−35 000
Financial Income	8 000	−1 000	0
Financial Costs	12 000	1 000	2 000
Financial Balance	−4 000	−2 000	−2 000
Earnings Before Tax	173 000	954 000	−37 000
Tax	50 000	210 000	−8 000
Net Income	122 000	744 000	−29 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	100 000	499 000	119 000
Total Current Assets	5 433 000	3 271 000	2 458 000
Total Assets	5 532 000	3 770 000	2 577 000
Total Retained Equity	595 000	715 000	−29 000
Total Equity	625 000	745 000	1 000
Total Long-Term Debt	0	18 000	402 000
Total Current Debt	4 908 000	3 007 000	2 174 000
Total Equity and Debt	5 532 000	3 770 000	2 577 000

Cash flow (NOK)	2022	2021	2020
Sales Income	22 117 000	14 179 000	3 689 000
Other Income	0	0	0
Revenue	22 117 000	14 179 000	3 689 000
Cost of Goods Sold	16 040 000	9 610 000	2 286 000
Salary Costs	3 252 000	2 184 000	808 000
Depreciation	47 000	43 000	9 000
Impairment	0	0	0
Expenditure	21 941 000	13 223 000	3 724 000
Operating Profit	176 000	956 000	−35 000
Financial Income	8 000	−1 000	0
Financial Costs	12 000	1 000	2 000
Financial Balance	−4 000	−2 000	−2 000
Dividends	0	0	0
Net Income	122 000	744 000	−29 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	57 000	96 000
Real Eastate	0	403 000	0
Machinery and Plant Facilities	0	0	0
Fixtures	100 000	40 000	23 000
Total Tangible Assets	100 000	442 000	23 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	100 000	499 000	119 000
Stock	680 000	0	0
Total Investments	0	0	0
Cash, Bank	120 000	997 000	989 000
Total Current Assets	5 433 000	3 271 000	2 458 000
Total Assets	5 532 000	3 770 000	2 577 000
Total Equity	625 000	745 000	1 000
Short-Term Group Debt	311 000	0	0
Total Long-Term Debt	0	18 000	402 000
Creditors	2 333 000	1 799 000	1 457 000
Unpaid Taxes	385 000	350 000	204 000
Dividends	0	0	0
Other Current Debt	1 867 000	675 000	512 000
Total Current Debt	4 908 000	3 007 000	2 174 000
Total Equity and Debt	5 532 000	3 770 000	2 577 000

Financial indicators	2022	2021	2020
Return on Equity	19,52 %	99,87 %	−2 900 %
Debt-to-Equity Ratio	0	0,02	402
Operating Profit Margin	0,8 %	6,74 %	−0,95 %
Current Ratio	1,11	1,09	1,13
Quick Ratio	1,29	1,09	1,13
Equity Ratio	0,11	0,2	0
Gross Profit Margin	27,48 %	32,22 %	38,03 %