VESTENG AS

8430 MYRE

Finances

Share Ownership

Return on Equity

−14,97 %

Current Ratio

6,65

Debt-to-Equity Ratio

1,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	100 000	90 000	120 000	184 000
Net Income	−25 000	−24 000	14 000	61 000
Total Assets	412 000	489 000	513 000	525 000
Total Equity	167 000	255 000	281 000	281 000

Income (NOK)	2022	2021	2020	2019
Revenue	100 000	90 000	120 000	184 000
Expenditure	125 000	114 000	106 000	120 000
Operating Profit	−25 000	−24 000	14 000	64 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	3 000
Financial Balance	0	0	0	−3 000
Earnings Before Tax	−25 000	−24 000	14 000	61 000
Tax	0	0	0	0
Net Income	−25 000	−24 000	14 000	61 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	299 000	436 000	452 000	470 000
Total Current Assets	113 000	53 000	61 000	56 000
Total Assets	412 000	489 000	513 000	525 000
Total Retained Equity	0	0	0	0
Total Equity	167 000	255 000	281 000	281 000
Total Long-Term Debt	228 000	228 000	228 000	228 000
Total Current Debt	17 000	7 000	4 000	17 000
Total Equity and Debt	412 000	489 000	513 000	525 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	100 000	90 000	120 000	184 000
Other Income	0	0	0	0
Revenue	100 000	90 000	120 000	184 000
Cost of Goods Sold	0	0	0	0
Salary Costs	4 000	4 000	4 000	4 000
Depreciation	15 000	16 000	17 000	19 000
Impairment	0	0	0	0
Expenditure	125 000	114 000	106 000	120 000
Operating Profit	−25 000	−24 000	14 000	64 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	3 000
Financial Balance	0	0	0	−3 000
Dividends	0	0	0	0
Net Income	−25 000	−24 000	14 000	61 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	299 000	436 000	452 000	470 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	299 000	436 000	452 000	470 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	299 000	436 000	452 000	470 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	113 000	53 000	61 000	56 000
Total Current Assets	113 000	53 000	61 000	56 000
Total Assets	412 000	489 000	513 000	525 000
Total Equity	167 000	255 000	281 000	281 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	228 000	228 000	228 000	228 000
Creditors	17 000	7 000	4 000	17 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	17 000	7 000	4 000	17 000
Total Equity and Debt	412 000	489 000	513 000	525 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,97 %	−9,41 %	4,98 %	21,71 %
Debt-to-Equity Ratio	1,37	0,89	0,81	0,81
Operating Profit Margin	−25 %	−26,67 %	11,67 %	34,78 %
Current Ratio	6,65	7,57	15,25	3,29
Quick Ratio	6,65	7,57	15,25	3,29
Equity Ratio	0,41	0,52	0,55	0,54
Gross Profit Margin	100 %	100 %	100 %	100 %