VESTLANDSBIA AS

5378 KLOKKARVIK

Finances

Share Ownership

Return on Equity

37,98 %

Current Ratio

2,09

Debt-to-Equity Ratio

−0,07

Key figures (NOK)	2022	2021	2020
Revenue	449 000	427 000	67 000
Net Income	109 000	173 000	−24 000
Total Assets	515 000	586 000	107 000
Total Equity	287 000	179 000	6 000

Income (NOK)	2022	2021	2020
Revenue	449 000	427 000	67 000
Expenditure	308 000	212 000	91 000
Operating Profit	141 000	215 000	−24 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	141 000	215 000	−24 000
Tax	33 000	42 000	0
Net Income	109 000	173 000	−24 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	515 000	586 000	107 000
Total Assets	515 000	586 000	107 000
Total Retained Equity	257 000	149 000	−24 000
Total Equity	287 000	179 000	6 000
Total Long-Term Debt	−19 000	0	0
Total Current Debt	246 000	407 000	101 000
Total Equity and Debt	515 000	586 000	107 000

Cash flow (NOK)	2022	2021	2020
Sales Income	449 000	427 000	66 000
Other Income	1 000	0	0
Revenue	449 000	427 000	67 000
Cost of Goods Sold	30 000	57 000	1 000
Salary Costs	2 000	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	308 000	212 000	91 000
Operating Profit	141 000	215 000	−24 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	109 000	173 000	−24 000

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	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	190 000	0	0
Total Investments	0	0	0
Cash, Bank	350 000	584 000	71 000
Total Current Assets	515 000	586 000	107 000
Total Assets	515 000	586 000	107 000
Total Equity	287 000	179 000	6 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	−19 000	0	0
Creditors	129 000	95 000	17 000
Unpaid Taxes	27 000	28 000	0
Dividends	0	0	0
Other Current Debt	90 000	243 000	84 000
Total Current Debt	246 000	407 000	101 000
Total Equity and Debt	515 000	586 000	107 000

Financial indicators	2022	2021	2020
Return on Equity	37,98 %	96,65 %	−400 %
Debt-to-Equity Ratio	−0,07	0	0
Operating Profit Margin	31,4 %	50,35 %	−35,82 %
Current Ratio	2,09	1,44	1,06
Quick Ratio	9,2	1,44	1,06
Equity Ratio	0,56	0,31	0,06
Gross Profit Margin	93,32 %	86,65 %	98,51 %