VESTSERVICE AS

5131 NYBORG

Finances

Share Ownership

Return on Equity

189,02 %

Current Ratio

0,67

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 980 000	2 496 000	2 329 000	2 131 000
Net Income	−155 000	−252 000	168 000	114 000
Total Assets	292 000	573 000	714 000	337 000
Total Equity	−82 000	73 000	325 000	156 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 980 000	2 496 000	2 329 000	2 131 000
Expenditure	2 137 000	2 748 000	2 162 000	1 998 000
Operating Profit	−156 000	−252 000	167 000	120 000
Financial Income	1 000	0	2 000	1 000
Financial Costs	0	0	1 000	7 000
Financial Balance	1 000	0	1 000	−6 000
Earnings Before Tax	−155 000	−252 000	168 000	114 000
Tax	0	0	0	0
Net Income	−155 000	−252 000	168 000	114 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	42 000	76 000	109 000	144 000
Total Current Assets	249 000	497 000	605 000	193 000
Total Assets	292 000	573 000	714 000	337 000
Total Retained Equity	−182 000	−27 000	0	0
Total Equity	−82 000	73 000	325 000	156 000
Total Long-Term Debt	0	0	0	30 000
Total Current Debt	374 000	500 000	389 000	150 000
Total Equity and Debt	292 000	573 000	714 000	337 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 980 000	2 496 000	2 329 000	2 090 000
Other Income	0	0	0	41 000
Revenue	1 980 000	2 496 000	2 329 000	2 131 000
Cost of Goods Sold	531 000	712 000	665 000	582 000
Salary Costs	1 170 000	1 666 000	1 058 000	926 000
Depreciation	34 000	34 000	0	0
Impairment	0	0	0	0
Expenditure	2 137 000	2 748 000	2 162 000	1 998 000
Operating Profit	−156 000	−252 000	167 000	120 000
Financial Income	1 000	0	2 000	1 000
Financial Costs	0	0	1 000	7 000
Financial Balance	1 000	0	1 000	−6 000
Dividends	0	0	0	0
Net Income	−155 000	−252 000	168 000	114 000

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	109 000	144 000
Fixtures	42 000	76 000	0	0
Total Tangible Assets	42 000	76 000	109 000	144 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	42 000	76 000	109 000	144 000
Stock	17 000	28 000	50 000	17 000
Total Investments	0	0	0	0
Cash, Bank	138 000	329 000	264 000	31 000
Total Current Assets	249 000	497 000	605 000	193 000
Total Assets	292 000	573 000	714 000	337 000
Total Equity	−82 000	73 000	325 000	156 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	30 000
Creditors	101 000	86 000	26 000	115 000
Unpaid Taxes	104 000	189 000	212 000	150 000
Dividends	0	0	0	0
Other Current Debt	170 000	225 000	151 000	116 000
Total Current Debt	374 000	500 000	389 000	150 000
Total Equity and Debt	292 000	573 000	714 000	337 000

Financial indicators	2022	2021	2020	2019
Return on Equity	189,02 %	−345,21 %	51,69 %	73,08 %
Debt-to-Equity Ratio	−0	0	0	0,19
Operating Profit Margin	−7,88 %	−10,1 %	7,17 %	5,63 %
Current Ratio	0,67	0,99	1,56	1,29
Quick Ratio	0,7	1,05	1,78	1,45
Equity Ratio	−0,28	0,13	0,46	0,46
Gross Profit Margin	73,18 %	71,47 %	71,45 %	72,69 %