VESTLAND DATA AS

5132 NYBORG

Finances

Share Ownership

Return on Equity

38,32 %

Current Ratio

1,58

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020
Revenue	4 425 000	4 120 000	1 275 000
Net Income	356 000	576 000	622 000
Total Assets	1 656 000	1 059 000	1 006 000
Total Equity	929 000	878 000	652 000

Income (NOK)	2022	2021	2020
Revenue	4 425 000	4 120 000	1 275 000
Expenditure	3 963 000	3 369 000	476 000
Operating Profit	462 000	752 000	800 000
Financial Income	3 000	0	0
Financial Costs	7 000	4 000	0
Financial Balance	−4 000	−4 000	0
Earnings Before Tax	457 000	747 000	800 000
Tax	102 000	171 000	178 000
Net Income	356 000	576 000	622 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	787 000	199 000	0
Total Current Assets	870 000	859 000	1 006 000
Total Assets	1 656 000	1 059 000	1 006 000
Total Retained Equity	899 000	848 000	622 000
Total Equity	929 000	878 000	652 000
Total Long-Term Debt	177 000	−281 000	0
Total Current Debt	550 000	462 000	354 000
Total Equity and Debt	1 656 000	1 059 000	1 006 000

Cash flow (NOK)	2022	2021	2020
Sales Income	4 425 000	4 120 000	1 275 000
Other Income	0	0	0
Revenue	4 425 000	4 120 000	1 275 000
Cost of Goods Sold	1 273 000	1 155 000	283 000
Salary Costs	1 824 000	1 441 000	97 000
Depreciation	103 000	83 000	0
Impairment	0	0	0
Expenditure	3 963 000	3 369 000	476 000
Operating Profit	462 000	752 000	800 000
Financial Income	3 000	0	0
Financial Costs	7 000	4 000	0
Financial Balance	−4 000	−4 000	0
Dividends	305 000	350 000	0
Net Income	356 000	576 000	622 000

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	338 000	199 000	0
Total Tangible Assets	338 000	199 000	0
Total Fiancial Fixed Assets	449 000	0	0
Total Fixed Assets	787 000	199 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	253 000	453 000	559 000
Total Current Assets	870 000	859 000	1 006 000
Total Assets	1 656 000	1 059 000	1 006 000
Total Equity	929 000	878 000	652 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	177 000	−281 000	0
Creditors	76 000	58 000	71 000
Unpaid Taxes	211 000	146 000	100 000
Dividends	305 000	350 000	0
Other Current Debt	162 000	87 000	6 000
Total Current Debt	550 000	462 000	354 000
Total Equity and Debt	1 656 000	1 059 000	1 006 000

Financial indicators	2022	2021	2020
Return on Equity	38,32 %	65,6 %	95,4 %
Debt-to-Equity Ratio	0,19	−0,32	0
Operating Profit Margin	10,44 %	18,25 %	62,75 %
Current Ratio	1,58	1,86	2,84
Quick Ratio	1,58	1,86	2,84
Equity Ratio	0,56	0,83	0,65
Gross Profit Margin	71,23 %	71,97 %	77,8 %