VESTLAND EIENDOMSSERVICE AS

5094 BERGEN

Finances

Share Ownership

Return on Equity

91,3 %

Current Ratio

0,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	2 055 000	1 819 000	1 347 000
Net Income	210 000	−73 000	33 000
Total Assets	811 000	278 000	153 000
Total Equity	230 000	20 000	93 000

Income (NOK)	2022	2021	2020
Revenue	2 055 000	1 819 000	1 347 000
Expenditure	1 806 000	1 892 000	1 310 000
Operating Profit	249 000	−72 000	38 000
Financial Income	0	2 000	0
Financial Costs	4 000	3 000	0
Financial Balance	−4 000	−1 000	0
Earnings Before Tax	245 000	−73 000	37 000
Tax	35 000	0	4 000
Net Income	210 000	−73 000	33 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	235 000	194 000	117 000
Total Current Assets	576 000	84 000	36 000
Total Assets	811 000	278 000	153 000
Total Retained Equity	170 000	−40 000	33 000
Total Equity	230 000	20 000	93 000
Total Long-Term Debt	0	0	0
Total Current Debt	581 000	258 000	60 000
Total Equity and Debt	811 000	278 000	153 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 055 000	1 819 000	1 347 000
Other Income	0	0	0
Revenue	2 055 000	1 819 000	1 347 000
Cost of Goods Sold	200 000	205 000	469 000
Salary Costs	980 000	1 062 000	517 000
Depreciation	56 000	33 000	13 000
Impairment	0	0	0
Expenditure	1 806 000	1 892 000	1 310 000
Operating Profit	249 000	−72 000	38 000
Financial Income	0	2 000	0
Financial Costs	4 000	3 000	0
Financial Balance	−4 000	−1 000	0
Dividends	0	0	0
Net Income	210 000	−73 000	33 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	235 000	194 000	117 000
Total Tangible Assets	235 000	194 000	117 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	235 000	194 000	117 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	176 000	65 000	19 000
Total Current Assets	576 000	84 000	36 000
Total Assets	811 000	278 000	153 000
Total Equity	230 000	20 000	93 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	8 000	−10 000	−5 000
Unpaid Taxes	317 000	233 000	88 000
Dividends	0	0	0
Other Current Debt	221 000	35 000	−27 000
Total Current Debt	581 000	258 000	60 000
Total Equity and Debt	811 000	278 000	153 000

Financial indicators	2022	2021	2020
Return on Equity	91,3 %	−365 %	35,48 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	12,12 %	−3,96 %	2,82 %
Current Ratio	0,99	0,33	0,6
Quick Ratio	0,99	0,33	0,6
Equity Ratio	0,28	0,07	0,61
Gross Profit Margin	90,27 %	88,73 %	65,18 %