VESTNES NÆRINGSFORUM

6390 VESTNES

Finances

Return on Equity

−9,5 %

Current Ratio

1,3

Debt-to-Equity Ratio

Key figures (NOK)	2018	2017	2015	2014
Revenue	1 454 000	1 319 000	1 349 000	1 485 000
Net Income	−87 000	15 000	125 000	310 000
Total Assets	3 923 000	1 181 000	862 000	787 000
Total Equity	916 000	1 002 000	657 000	443 000

Income (NOK)	2018	2017	2015	2014
Revenue	1 454 000	1 319 000	1 349 000	1 485 000
Expenditure	1 549 000	1 312 000	1 236 000	1 181 000
Operating Profit	−95 000	7 000	114 000	304 000
Financial Income	9 000	8 000	12 000	7 000
Financial Costs	1 000	0	0	0
Financial Balance	8 000	8 000	12 000	7 000
Earnings Before Tax	−87 000	15 000	125 000	310 000
Tax	0	0	0	0
Net Income	−87 000	15 000	125 000	310 000

Balance (NOK)	2018	2017	2015	2014
Total Fixed Assets	0	0	0	0
Total Current Assets	3 923 000	1 181 000	862 000	787 000
Total Assets	3 923 000	1 181 000	862 000	787 000
Total Retained Equity	916 000	1 002 000	657 000	443 000
Total Equity	916 000	1 002 000	657 000	443 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 007 000	178 000	205 000	343 000
Total Equity and Debt	3 923 000	1 181 000	862 000	787 000

Cash flow (NOK)	2018	2017	2015	2014
Sales Income	560 000	589 000	579 000	508 000
Other Income	895 000	730 000	770 000	976 000
Revenue	1 454 000	1 319 000	1 349 000	1 485 000
Cost of Goods Sold	0	0	0	4 000
Salary Costs	946 000	930 000	914 000	857 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 549 000	1 312 000	1 236 000	1 181 000
Operating Profit	−95 000	7 000	114 000	304 000
Financial Income	9 000	8 000	12 000	7 000
Financial Costs	1 000	0	0	0
Financial Balance	8 000	8 000	12 000	7 000
Dividends	0	0	0	0
Net Income	−87 000	15 000	125 000	310 000

Balance details (NOK)	2018	2017	2015	2014
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	0	0	0	0
Total Investments	15 000	15 000	15 000	15 000
Cash, Bank	2 848 000	1 019 000	717 000	714 000
Total Current Assets	3 923 000	1 181 000	862 000	787 000
Total Assets	3 923 000	1 181 000	862 000	787 000
Total Equity	916 000	1 002 000	657 000	443 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	68 000	24 000	49 000	36 000
Unpaid Taxes	23 000	41 000	54 000	43 000
Dividends	0	0	0	0
Other Current Debt	2 916 000	114 000	103 000	265 000
Total Current Debt	3 007 000	178 000	205 000	343 000
Total Equity and Debt	3 923 000	1 181 000	862 000	787 000

Financial indicators	2018	2017	2015	2014
Return on Equity	−9,5 %	1,5 %	19,03 %	69,98 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−6,53 %	0,53 %	8,45 %	20,47 %
Current Ratio	1,3	6,63	4,2	2,29
Quick Ratio	1,3	6,63	4,2	2,29
Equity Ratio	0,23	0,85	0,76	0,56
Gross Profit Margin	100 %	100 %	100 %	99,73 %