VESTLANDSDRAKTEN AS

5017 BERGEN

Finances

Share Ownership

Return on Equity

−6,95 %

Current Ratio

4,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 115 000	4 789 000	4 243 000	5 942 000
Net Income	−247 000	−449 000	−409 000	−96 000
Total Assets	4 582 000	4 272 000	4 478 000	4 155 000
Total Equity	3 552 000	3 429 000	3 542 000	3 268 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 115 000	4 789 000	4 243 000	5 942 000
Expenditure	5 428 000	5 370 000	4 768 000	6 079 000
Operating Profit	−313 000	−581 000	−525 000	−137 000
Financial Income	1 000	5 000	3 000	15 000
Financial Costs	0	0	2 000	1 000
Financial Balance	1 000	5 000	1 000	14 000
Earnings Before Tax	−312 000	−576 000	−524 000	−123 000
Tax	−65 000	−127 000	−115 000	−27 000
Net Income	−247 000	−449 000	−409 000	−96 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 000	69 000	7 000	86 000
Total Current Assets	4 563 000	4 203 000	4 470 000	4 070 000
Total Assets	4 582 000	4 272 000	4 478 000	4 155 000
Total Retained Equity	3 452 000	3 329 000	3 442 000	3 168 000
Total Equity	3 552 000	3 429 000	3 542 000	3 268 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 030 000	843 000	935 000	888 000
Total Equity and Debt	4 582 000	4 272 000	4 478 000	4 155 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 115 000	4 789 000	4 124 000	5 912 000
Other Income	0	0	119 000	30 000
Revenue	5 115 000	4 789 000	4 243 000	5 942 000
Cost of Goods Sold	1 577 000	1 884 000	1 481 000	2 025 000
Salary Costs	2 572 000	2 279 000	2 195 000	2 731 000
Depreciation	10 000	1 000	0	10 000
Impairment	0	0	0	0
Expenditure	5 428 000	5 370 000	4 768 000	6 079 000
Operating Profit	−313 000	−581 000	−525 000	−137 000
Financial Income	1 000	5 000	3 000	15 000
Financial Costs	0	0	2 000	1 000
Financial Balance	1 000	5 000	1 000	14 000
Dividends	0	0	0	0
Net Income	−247 000	−449 000	−409 000	−96 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	39 000	7 000	86 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	20 000	30 000	0	0
Total Tangible Assets	20 000	30 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	20 000	69 000	7 000	86 000
Stock	1 457 000	1 415 000	2 098 000	2 230 000
Total Investments	0	0	0	0
Cash, Bank	984 000	765 000	791 000	1 152 000
Total Current Assets	4 563 000	4 203 000	4 470 000	4 070 000
Total Assets	4 582 000	4 272 000	4 478 000	4 155 000
Total Equity	3 552 000	3 429 000	3 542 000	3 268 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	202 000	62 000	209 000	49 000
Unpaid Taxes	292 000	390 000	221 000	244 000
Dividends	0	0	0	0
Other Current Debt	536 000	392 000	506 000	595 000
Total Current Debt	1 030 000	843 000	935 000	888 000
Total Equity and Debt	4 582 000	4 272 000	4 478 000	4 155 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,95 %	−13,09 %	−11,55 %	−2,94 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−6,12 %	−12,13 %	−12,37 %	−2,31 %
Current Ratio	4,43	4,99	4,78	4,58
Quick Ratio	−10,69	−7,35	−3,84	−3,03
Equity Ratio	0,78	0,8	0,79	0,79
Gross Profit Margin	69,17 %	60,66 %	65,1 %	65,92 %