VESTLAND CONSULTING AS

5600 NORHEIMSUND

Finances

Share Ownership

Return on Equity

95,47 %

Current Ratio

2,64

Debt-to-Equity Ratio

0,77

Key figures (NOK)	2022	2021	2020
Revenue	1 471 000	27 000	723 000
Net Income	232 000	−166 000	153 000
Total Assets	635 000	145 000	478 000
Total Equity	243 000	11 000	177 000

Income (NOK)	2022	2021	2020
Revenue	1 471 000	27 000	723 000
Expenditure	1 218 000	172 000	529 000
Operating Profit	253 000	−146 000	195 000
Financial Income	0	0	0
Financial Costs	21 000	20 000	0
Financial Balance	−21 000	−20 000	0
Earnings Before Tax	232 000	−166 000	195 000
Tax	0	0	42 000
Net Income	232 000	−166 000	153 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	97 000	132 000	167 000
Total Current Assets	538 000	13 000	311 000
Total Assets	635 000	145 000	478 000
Total Retained Equity	213 000	−13 000	153 000
Total Equity	243 000	11 000	177 000
Total Long-Term Debt	188 000	177 000	137 000
Total Current Debt	204 000	−43 000	163 000
Total Equity and Debt	635 000	145 000	478 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 471 000	27 000	723 000
Other Income	0	0	0
Revenue	1 471 000	27 000	723 000
Cost of Goods Sold	0	0	0
Salary Costs	1 074 000	77 000	479 000
Depreciation	35 000	35 000	12 000
Impairment	0	0	0
Expenditure	1 218 000	172 000	529 000
Operating Profit	253 000	−146 000	195 000
Financial Income	0	0	0
Financial Costs	21 000	20 000	0
Financial Balance	−21 000	−20 000	0
Dividends	0	0	0
Net Income	232 000	−166 000	153 000

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	97 000	132 000	167 000
Total Tangible Assets	97 000	132 000	167 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	97 000	132 000	167 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	379 000	13 000	123 000
Total Current Assets	538 000	13 000	311 000
Total Assets	635 000	145 000	478 000
Total Equity	243 000	11 000	177 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	188 000	177 000	137 000
Creditors	1 000	2 000	0
Unpaid Taxes	152 000	−5 000	78 000
Dividends	0	0	0
Other Current Debt	91 000	1 000	43 000
Total Current Debt	204 000	−43 000	163 000
Total Equity and Debt	635 000	145 000	478 000

Financial indicators	2022	2021	2020
Return on Equity	95,47 %	−1 509,09 %	86,44 %
Debt-to-Equity Ratio	0,77	16,09	0,77
Operating Profit Margin	17,2 %	−540,74 %	26,97 %
Current Ratio	2,64	−0,3	1,91
Quick Ratio	2,64	−0,3	1,91
Equity Ratio	0,38	0,08	0,37
Gross Profit Margin	100 %	100 %	100 %