VASTO AS

6260 SKODJE

Finances

Return on Equity

13,85 %

Current Ratio

0,75

Debt-to-Equity Ratio

3,14

Key figures (NOK)	2022	2021	2020
Revenue	133 427 000	1 172 000	490 000
Net Income	2 715 000	−337 000	125 000
Total Assets	115 826 000	27 120 000	16 236 000
Total Equity	19 603 000	9 602 000	175 000

Income (NOK)	2022	2021	2020
Revenue	133 427 000	1 172 000	490 000
Expenditure	125 874 000	887 000	136 000
Operating Profit	7 553 000	284 000	354 000
Financial Income	15 000	0	0
Financial Costs	4 069 000	641 000	194 000
Financial Balance	−4 054 000	−641 000	−194 000
Earnings Before Tax	3 499 000	−357 000	160 000
Tax	784 000	−20 000	35 000
Net Income	2 715 000	−337 000	125 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	90 058 000	26 168 000	6 187 000
Total Current Assets	25 769 000	952 000	10 049 000
Total Assets	115 826 000	27 120 000	16 236 000
Total Retained Equity	10 001 000	0	125 000
Total Equity	19 603 000	9 602 000	175 000
Total Long-Term Debt	61 636 000	14 574 000	3 970 000
Total Current Debt	34 586 000	2 944 000	12 091 000
Total Equity and Debt	115 826 000	27 120 000	16 236 000

Cash flow (NOK)	2022	2021	2020
Sales Income	130 285 000	1 172 000	490 000
Other Income	3 142 000	0	0
Revenue	133 427 000	1 172 000	490 000
Cost of Goods Sold	47 484 000	0	0
Salary Costs	35 352 000	0	0
Depreciation	9 538 000	444 000	0
Impairment	0	0	0
Expenditure	125 874 000	887 000	136 000
Operating Profit	7 553 000	284 000	354 000
Financial Income	15 000	0	0
Financial Costs	4 069 000	641 000	194 000
Financial Balance	−4 054 000	−641 000	−194 000
Dividends	0	0	0
Net Income	2 715 000	−337 000	125 000

Balance details (NOK)	2022	2021	2020
Goodwill	660 000	0	0
Total Intangible Assets	660 000	0	0
Real Eastate	17 052 000	16 637 000	5 981 000
Machinery and Plant Facilities	70 259 000	0	0
Fixtures	433 000	0	0
Total Tangible Assets	87 744 000	16 637 000	5 981 000
Total Fiancial Fixed Assets	1 653 000	9 531 000	205 000
Total Fixed Assets	90 058 000	26 168 000	6 187 000
Stock	6 915 000	0	0
Total Investments	0	0	0
Cash, Bank	1 440 000	27 000	301 000
Total Current Assets	25 769 000	952 000	10 049 000
Total Assets	115 826 000	27 120 000	16 236 000
Total Equity	19 603 000	9 602 000	175 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	61 636 000	14 574 000	3 970 000
Creditors	17 109 000	2 324 000	1 055 000
Unpaid Taxes	3 224 000	0	0
Dividends	0	0	0
Other Current Debt	5 549 000	620 000	11 036 000
Total Current Debt	34 586 000	2 944 000	12 091 000
Total Equity and Debt	115 826 000	27 120 000	16 236 000

Financial indicators	2022	2021	2020
Return on Equity	13,85 %	−3,51 %	71,43 %
Debt-to-Equity Ratio	3,14	1,52	22,69
Operating Profit Margin	5,66 %	24,23 %	72,24 %
Current Ratio	0,75	0,32	0,83
Quick Ratio	0,93	0,32	0,83
Equity Ratio	0,17	0,35	0,01
Gross Profit Margin	64,41 %	100 %	100 %