VANNFAST AS

4323 SANDNES

Finances

Share Ownership

Return on Equity

−127,93 %

Current Ratio

0,19

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	1 301 000	1 168 000	425 000
Net Income	142 000	−13 000	−264 000
Total Assets	26 000	526 000	254 000
Total Equity	−111 000	−253 000	−240 000

Income (NOK)	2022	2021	2020
Revenue	1 301 000	1 168 000	425 000
Expenditure	1 161 000	1 182 000	690 000
Operating Profit	140 000	−13 000	−264 000
Financial Income	1 000	0	0
Financial Costs	0	0	0
Financial Balance	1 000	0	0
Earnings Before Tax	142 000	−13 000	−264 000
Tax	0	0	0
Net Income	142 000	−13 000	−264 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	15 000	19 000
Total Current Assets	26 000	511 000	235 000
Total Assets	26 000	526 000	254 000
Total Retained Equity	−141 000	−278 000	−264 000
Total Equity	−111 000	−253 000	−240 000
Total Long-Term Debt	0	0	0
Total Current Debt	137 000	779 000	494 000
Total Equity and Debt	26 000	526 000	254 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 301 000	1 168 000	425 000
Other Income	0	0	0
Revenue	1 301 000	1 168 000	425 000
Cost of Goods Sold	98 000	39 000	37 000
Salary Costs	786 000	816 000	481 000
Depreciation	0	4 000	2 000
Impairment	15 000	0	0
Expenditure	1 161 000	1 182 000	690 000
Operating Profit	140 000	−13 000	−264 000
Financial Income	1 000	0	0
Financial Costs	0	0	0
Financial Balance	1 000	0	0
Dividends	0	0	0
Net Income	142 000	−13 000	−264 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	15 000	19 000
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	0	15 000	19 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	25 000	273 000	235 000
Total Current Assets	26 000	511 000	235 000
Total Assets	26 000	526 000	254 000
Total Equity	−111 000	−253 000	−240 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	0	37 000	1 000
Unpaid Taxes	4 000	100 000	196 000
Dividends	0	0	0
Other Current Debt	133 000	642 000	297 000
Total Current Debt	137 000	779 000	494 000
Total Equity and Debt	26 000	526 000	254 000

Financial indicators	2022	2021	2020
Return on Equity	−127,93 %	5,14 %	110 %
Debt-to-Equity Ratio	−0	−0	−0
Operating Profit Margin	10,76 %	−1,11 %	−62,12 %
Current Ratio	0,19	0,66	0,48
Quick Ratio	0,19	0,66	0,48
Equity Ratio	−4,27	−0,48	−0,94
Gross Profit Margin	92,47 %	96,66 %	91,29 %