VESTLAND IDRETTSKRETS

5068 BERGEN

Finances

Share Ownership

Return on Equity

5,41 %

Current Ratio

2,05

Debt-to-Equity Ratio

Key figures (NOK)	2018	2017	2016	2015
Revenue	26 978 000	25 739 000	25 363 000	24 829 000
Net Income	419 000	−50 000	184 000	792 000
Total Assets	15 072 000	12 814 000	10 848 000	10 008 000
Total Equity	7 738 000	7 319 000	7 369 000	7 185 000

Income (NOK)	2018	2017	2016	2015
Revenue	26 978 000	25 739 000	25 363 000	24 829 000
Expenditure	26 695 000	25 907 000	25 278 000	24 147 000
Operating Profit	283 000	−168 000	85 000	682 000
Financial Income	151 000	134 000	123 000	126 000
Financial Costs	14 000	16 000	24 000	15 000
Financial Balance	137 000	118 000	99 000	111 000
Earnings Before Tax	419 000	−50 000	184 000	792 000
Tax	0	0	0	0
Net Income	419 000	−50 000	184 000	792 000

Balance (NOK)	2018	2017	2016	2015
Total Fixed Assets	35 000	136 000	237 000	208 000
Total Current Assets	15 037 000	12 678 000	10 610 000	9 801 000
Total Assets	15 072 000	12 814 000	10 848 000	10 008 000
Total Retained Equity	7 738 000	7 319 000	7 369 000	7 185 000
Total Equity	7 738 000	7 319 000	7 369 000	7 185 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 334 000	5 496 000	3 478 000	2 823 000
Total Equity and Debt	15 072 000	12 814 000	10 848 000	10 008 000

Cash flow (NOK)	2018	2017	2016	2015
Sales Income	0	0	0	0
Other Income	26 978 000	25 739 000	25 363 000	24 829 000
Revenue	26 978 000	25 739 000	25 363 000	24 829 000
Cost of Goods Sold	59 000	62 000	82 000	125 000
Salary Costs	13 875 000	12 376 000	12 810 000	11 419 000
Depreciation	101 000	101 000	157 000	107 000
Impairment	0	0	0	0
Expenditure	26 695 000	25 907 000	25 278 000	24 147 000
Operating Profit	283 000	−168 000	85 000	682 000
Financial Income	151 000	134 000	123 000	126 000
Financial Costs	14 000	16 000	24 000	15 000
Financial Balance	137 000	118 000	99 000	111 000
Dividends	0	0	0	0
Net Income	419 000	−50 000	184 000	792 000

Balance details (NOK)	2018	2017	2016	2015
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	35 000	0	0	0
Fixtures	0	136 000	237 000	208 000
Total Tangible Assets	35 000	136 000	237 000	208 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	35 000	136 000	237 000	208 000
Stock	36 000	6 000	13 000	17 000
Total Investments	0	0	0	0
Cash, Bank	14 092 000	11 433 000	9 429 000	8 952 000
Total Current Assets	15 037 000	12 678 000	10 610 000	9 801 000
Total Assets	15 072 000	12 814 000	10 848 000	10 008 000
Total Equity	7 738 000	7 319 000	7 369 000	7 185 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 192 000	0	0	0
Unpaid Taxes	0	27 000	48 000	37 000
Dividends	0	0	0	0
Other Current Debt	5 141 000	5 468 000	3 430 000	2 787 000
Total Current Debt	7 334 000	5 496 000	3 478 000	2 823 000
Total Equity and Debt	15 072 000	12 814 000	10 848 000	10 008 000

Financial indicators	2018	2017	2016	2015
Return on Equity	5,41 %	−0,68 %	2,5 %	11,02 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,05 %	−0,65 %	0,34 %	2,75 %
Current Ratio	2,05	2,31	3,05	3,47
Quick Ratio	2,06	2,31	3,06	3,49
Equity Ratio	0,51	0,57	0,68	0,72
Gross Profit Margin	99,78 %	99,76 %	99,68 %	99,5 %