VINDFJELL AS

3277 STEINSHOLT

Finances

Share Ownership

Return on Equity

−24,24 %

Current Ratio

1,22

Debt-to-Equity Ratio

3,52

Key figures (NOK)	2021	2020	2019	2018
Revenue	1 324 000	2 010 000	3 149 000	3 052 000
Net Income	−136 000	−172 000	−125 000	−164 000
Total Assets	3 287 000	3 346 000	3 153 000	3 185 000
Total Equity	561 000	698 000	869 000	995 000

Income (NOK)	2021	2020	2019	2018
Revenue	1 324 000	2 010 000	3 149 000	3 052 000
Expenditure	1 456 000	2 182 000	3 248 000	3 191 000
Operating Profit	−132 000	−172 000	−99 000	−139 000
Financial Income	0	0	0	0
Financial Costs	4 000	0	27 000	25 000
Financial Balance	−4 000	0	−27 000	−25 000
Earnings Before Tax	−136 000	−172 000	−125 000	−164 000
Tax	0	0	0	0
Net Income	−136 000	−172 000	−125 000	−164 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	2 365 000	2 365 000	2 365 000	2 365 000
Total Current Assets	922 000	981 000	788 000	820 000
Total Assets	3 287 000	3 346 000	3 153 000	3 185 000
Total Retained Equity	−599 000	−462 000	−291 000	−165 000
Total Equity	561 000	698 000	869 000	995 000
Total Long-Term Debt	1 973 000	1 473 000	1 472 000	534 000
Total Current Debt	753 000	1 176 000	812 000	1 656 000
Total Equity and Debt	3 287 000	3 346 000	3 153 000	3 185 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	1 264 000	1 950 000	3 089 000	2 992 000
Other Income	60 000	60 000	60 000	60 000
Revenue	1 324 000	2 010 000	3 149 000	3 052 000
Cost of Goods Sold	302 000	717 000	862 000	823 000
Salary Costs	255 000	835 000	1 731 000	1 657 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 456 000	2 182 000	3 248 000	3 191 000
Operating Profit	−132 000	−172 000	−99 000	−139 000
Financial Income	0	0	0	0
Financial Costs	4 000	0	27 000	25 000
Financial Balance	−4 000	0	−27 000	−25 000
Dividends	0	0	0	0
Net Income	−136 000	−172 000	−125 000	−164 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 297 000	2 297 000	2 297 000	2 297 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	69 000	69 000	69 000	69 000
Total Tangible Assets	2 365 000	2 365 000	2 365 000	2 365 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 365 000	2 365 000	2 365 000	2 365 000
Stock	26 000	15 000	208 000	211 000
Total Investments	0	0	0	0
Cash, Bank	26 000	118 000	44 000	133 000
Total Current Assets	922 000	981 000	788 000	820 000
Total Assets	3 287 000	3 346 000	3 153 000	3 185 000
Total Equity	561 000	698 000	869 000	995 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 973 000	1 473 000	1 472 000	534 000
Creditors	412 000	702 000	317 000	1 212 000
Unpaid Taxes	68 000	310 000	307 000	267 000
Dividends	0	0	0	0
Other Current Debt	273 000	164 000	188 000	177 000
Total Current Debt	753 000	1 176 000	812 000	1 656 000
Total Equity and Debt	3 287 000	3 346 000	3 153 000	3 185 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−24,24 %	−24,64 %	−14,38 %	−16,48 %
Debt-to-Equity Ratio	3,52	2,11	1,69	0,54
Operating Profit Margin	−9,97 %	−8,56 %	−3,14 %	−4,55 %
Current Ratio	1,22	0,83	0,97	0,5
Quick Ratio	1,27	0,84	1,3	0,57
Equity Ratio	0,17	0,21	0,28	0,31
Gross Profit Margin	77,19 %	64,33 %	72,63 %	73,03 %