VESTLAND INNVANDRERRÅD

5017 BERGEN

Finances

Share Ownership

Return on Equity

100,76 %

Current Ratio

1,38

Debt-to-Equity Ratio

Key figures (NOK)	2020	2019	2018	2017
Revenue	1 559 000	970 000	1 637 000	1 619 000
Net Income	529 000	−121 000	9 000	75 000
Total Assets	1 673 000	805 000	267 000	705 000
Total Equity	525 000	−4 000	117 000	108 000

Income (NOK)	2020	2019	2018	2017
Revenue	1 559 000	970 000	1 637 000	1 619 000
Expenditure	1 033 000	1 091 000	1 628 000	1 546 000
Operating Profit	526 000	−121 000	8 000	75 000
Financial Income	3 000	1 000	0	0
Financial Costs	0	1 000	0	0
Financial Balance	3 000	0	0	0
Earnings Before Tax	529 000	−121 000	9 000	75 000
Tax	0	0	0	0
Net Income	529 000	−121 000	9 000	75 000

Balance (NOK)	2020	2019	2018	2017
Total Fixed Assets	83 000	50 000	0	0
Total Current Assets	1 589 000	755 000	267 000	705 000
Total Assets	1 673 000	805 000	267 000	705 000
Total Retained Equity	525 000	−4 000	117 000	108 000
Total Equity	525 000	−4 000	117 000	108 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 148 000	809 000	150 000	596 000
Total Equity and Debt	1 673 000	805 000	267 000	705 000

Cash flow (NOK)	2020	2019	2018	2017
Sales Income	1 519 000	944 000	1 098 000	1 103 000
Other Income	39 000	26 000	538 000	517 000
Revenue	1 559 000	970 000	1 637 000	1 619 000
Cost of Goods Sold	104 000	130 000	559 000	553 000
Salary Costs	633 000	628 000	761 000	648 000
Depreciation	16 000	6 000	0	10 000
Impairment	0	0	0	0
Expenditure	1 033 000	1 091 000	1 628 000	1 546 000
Operating Profit	526 000	−121 000	8 000	75 000
Financial Income	3 000	1 000	0	0
Financial Costs	0	1 000	0	0
Financial Balance	3 000	0	0	0
Dividends	0	0	0	0
Net Income	529 000	−121 000	9 000	75 000

Balance details (NOK)	2020	2019	2018	2017
Goodwill	0	0	0	0
Total Intangible Assets	33 000	33 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	50 000	17 000	0	0
Total Tangible Assets	50 000	17 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	83 000	50 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	728 000	742 000	258 000	203 000
Total Current Assets	1 589 000	755 000	267 000	705 000
Total Assets	1 673 000	805 000	267 000	705 000
Total Equity	525 000	−4 000	117 000	108 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	15 000	47 000	11 000
Unpaid Taxes	53 000	37 000	59 000	38 000
Dividends	0	0	0	0
Other Current Debt	1 094 000	758 000	43 000	548 000
Total Current Debt	1 148 000	809 000	150 000	596 000
Total Equity and Debt	1 673 000	805 000	267 000	705 000

Financial indicators	2020	2019	2018	2017
Return on Equity	100,76 %	3 025 %	7,69 %	69,44 %
Debt-to-Equity Ratio	0	−0	0	0
Operating Profit Margin	33,74 %	−12,47 %	0,49 %	4,63 %
Current Ratio	1,38	0,93	1,78	1,18
Quick Ratio	1,38	0,93	1,78	1,18
Equity Ratio	0,31	−0	0,44	0,15
Gross Profit Margin	93,33 %	86,6 %	65,85 %	65,84 %