VORMESTRAND TRANSPORT AS

5585 SANDEID

Finances

Share Ownership

Return on Equity

−7,84 %

Current Ratio

0,65

Debt-to-Equity Ratio

−0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	284 000	203 000	170 000	161 000
Net Income	12 000	12 000	16 000	13 000
Total Assets	268 000	245 000	196 000	214 000
Total Equity	−153 000	−165 000	−177 000	−193 000

Income (NOK)	2022	2021	2020	2019
Revenue	284 000	203 000	170 000	161 000
Expenditure	274 000	167 000	126 000	126 000
Operating Profit	10 000	36 000	44 000	35 000
Financial Income	0	0	0	0
Financial Costs	16 000	21 000	23 000	18 000
Financial Balance	−16 000	−21 000	−23 000	−18 000
Earnings Before Tax	−6 000	15 000	21 000	17 000
Tax	−17 000	3 000	5 000	4 000
Net Income	12 000	12 000	16 000	13 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	268 000	245 000	196 000	214 000
Total Assets	268 000	245 000	196 000	214 000
Total Retained Equity	−253 000	−265 000	−277 000	−293 000
Total Equity	−153 000	−165 000	−177 000	−193 000
Total Long-Term Debt	9 000	26 000	30 000	36 000
Total Current Debt	413 000	383 000	343 000	372 000
Total Equity and Debt	268 000	245 000	196 000	214 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	92 000	27 000	0	0
Other Income	192 000	176 000	170 000	161 000
Revenue	284 000	203 000	170 000	161 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	274 000	167 000	126 000	126 000
Operating Profit	10 000	36 000	44 000	35 000
Financial Income	0	0	0	0
Financial Costs	16 000	21 000	23 000	18 000
Financial Balance	−16 000	−21 000	−23 000	−18 000
Dividends	0	0	0	0
Net Income	12 000	12 000	16 000	13 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	150 000	150 000	150 000	150 000
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	268 000	245 000	196 000	214 000
Total Assets	268 000	245 000	196 000	214 000
Total Equity	−153 000	−165 000	−177 000	−193 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 000	26 000	30 000	36 000
Creditors	19 000	9 000	9 000	11 000
Unpaid Taxes	0	−3 000	3 000	0
Dividends	0	0	0	0
Other Current Debt	250 000	147 000	84 000	109 000
Total Current Debt	413 000	383 000	343 000	372 000
Total Equity and Debt	268 000	245 000	196 000	214 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,84 %	−7,27 %	−9,04 %	−6,74 %
Debt-to-Equity Ratio	−0,06	−0,16	−0,17	−0,19
Operating Profit Margin	3,52 %	17,73 %	25,88 %	21,74 %
Current Ratio	0,65	0,64	0,57	0,58
Quick Ratio	1,02	1,05	1,02	0,96
Equity Ratio	−0,57	−0,67	−0,9	−0,9
Gross Profit Margin	100 %	100 %	100 %	100 %