VESTLAND SERVICE AS

5382 SKOGSVÅG

Finances

Share Ownership

Return on Equity

145,58 %

Current Ratio

2,8

Debt-to-Equity Ratio

3,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 127 000	125 000	0	8 000
Net Income	329 000	20 000	−196 000	−30 000
Total Assets	1 488 000	83 000	19 000	193 000
Total Equity	226 000	−103 000	−122 000	74 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 127 000	125 000	0	8 000
Expenditure	1 789 000	106 000	22 000	33 000
Operating Profit	339 000	20 000	−196 000	−30 000
Financial Income	0	0	0	0
Financial Costs	9 000	0	0	0
Financial Balance	−9 000	0	0	0
Earnings Before Tax	329 000	20 000	−196 000	−30 000
Tax	0	0	0	0
Net Income	329 000	20 000	−196 000	−30 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	94 000	0	0	0
Total Current Assets	1 394 000	83 000	19 000	193 000
Total Assets	1 488 000	83 000	19 000	193 000
Total Retained Equity	126 000	−203 000	−222 000	−26 000
Total Equity	226 000	−103 000	−122 000	74 000
Total Long-Term Debt	764 000	0	0	0
Total Current Debt	497 000	186 000	141 000	119 000
Total Equity and Debt	1 488 000	83 000	19 000	193 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 127 000	125 000	0	8 000
Other Income	0	0	0	0
Revenue	2 127 000	125 000	0	8 000
Cost of Goods Sold	683 000	74 000	0	0
Salary Costs	296 000	1 000	0	0
Depreciation	8 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 789 000	106 000	22 000	33 000
Operating Profit	339 000	20 000	−196 000	−30 000
Financial Income	0	0	0	0
Financial Costs	9 000	0	0	0
Financial Balance	−9 000	0	0	0
Dividends	0	0	0	0
Net Income	329 000	20 000	−196 000	−30 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	94 000	0	0	0
Total Tangible Assets	94 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	94 000	0	0	0
Stock	0	0	16 000	190 000
Total Investments	0	0	0	0
Cash, Bank	1 364 000	76 000	2 000	2 000
Total Current Assets	1 394 000	83 000	19 000	193 000
Total Assets	1 488 000	83 000	19 000	193 000
Total Equity	226 000	−103 000	−122 000	74 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	764 000	0	0	0
Creditors	200 000	81 000	67 000	50 000
Unpaid Taxes	82 000	21 000	9 000	9 000
Dividends	0	0	0	0
Other Current Debt	215 000	85 000	65 000	60 000
Total Current Debt	497 000	186 000	141 000	119 000
Total Equity and Debt	1 488 000	83 000	19 000	193 000

Financial indicators	2022	2021	2020	2019
Return on Equity	145,58 %	−19,42 %	160,66 %	−40,54 %
Debt-to-Equity Ratio	3,38	−0	−0	0
Operating Profit Margin	15,94 %	16 %	-	−375 %
Current Ratio	2,8	0,45	0,13	1,62
Quick Ratio	2,8	0,45	0,15	−2,72
Equity Ratio	0,15	−1,24	−6,42	0,38
Gross Profit Margin	67,89 %	40,8 %	-	100 %