VEST-NORGES BRUSSELKONTOR AS

5020 BERGEN

Finances

Share Ownership

Return on Equity

12,88 %

Current Ratio

1,77

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 724 000	3 537 000	3 764 000	3 805 000
Net Income	175 000	171 000	176 000	−86 000
Total Assets	3 058 000	2 922 000	2 782 000	2 230 000
Total Equity	1 359 000	1 184 000	1 014 000	837 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 724 000	3 537 000	3 764 000	3 805 000
Expenditure	3 547 000	3 368 000	3 585 000	3 895 000
Operating Profit	177 000	168 000	179 000	−91 000
Financial Income	1 000	2 000	0	2 000
Financial Costs	3 000	0	3 000	26 000
Financial Balance	−2 000	2 000	−3 000	−24 000
Earnings Before Tax	175 000	171 000	176 000	−115 000
Tax	0	0	0	−29 000
Net Income	175 000	171 000	176 000	−86 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	50 000	50 000	58 000	70 000
Total Current Assets	3 008 000	2 872 000	2 724 000	2 160 000
Total Assets	3 058 000	2 922 000	2 782 000	2 230 000
Total Retained Equity	1 259 000	1 084 000	914 000	737 000
Total Equity	1 359 000	1 184 000	1 014 000	837 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 699 000	1 737 000	1 768 000	1 392 000
Total Equity and Debt	3 058 000	2 922 000	2 782 000	2 230 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 724 000	3 537 000	3 764 000	3 805 000
Other Income	0	0	0	0
Revenue	3 724 000	3 537 000	3 764 000	3 805 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 416 000	2 414 000	2 579 000	2 627 000
Depreciation	0	8 000	12 000	12 000
Impairment	0	0	0	0
Expenditure	3 547 000	3 368 000	3 585 000	3 895 000
Operating Profit	177 000	168 000	179 000	−91 000
Financial Income	1 000	2 000	0	2 000
Financial Costs	3 000	0	3 000	26 000
Financial Balance	−2 000	2 000	−3 000	−24 000
Dividends	0	0	0	0
Net Income	175 000	171 000	176 000	−86 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	50 000	50 000	50 000	50 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	8 000	20 000
Total Tangible Assets	0	0	8 000	20 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	50 000	50 000	58 000	70 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	243 000	313 000	136 000	218 000
Total Current Assets	3 008 000	2 872 000	2 724 000	2 160 000
Total Assets	3 058 000	2 922 000	2 782 000	2 230 000
Total Equity	1 359 000	1 184 000	1 014 000	837 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	50 000	25 000	110 000	28 000
Unpaid Taxes	260 000	424 000	193 000	87 000
Dividends	0	0	0	0
Other Current Debt	1 389 000	1 289 000	1 465 000	1 278 000
Total Current Debt	1 699 000	1 737 000	1 768 000	1 392 000
Total Equity and Debt	3 058 000	2 922 000	2 782 000	2 230 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,88 %	14,44 %	17,36 %	−10,27 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,75 %	4,75 %	4,76 %	−2,39 %
Current Ratio	1,77	1,65	1,54	1,55
Quick Ratio	1,77	1,65	1,54	1,55
Equity Ratio	0,44	0,41	0,36	0,38
Gross Profit Margin	100 %	100 %	100 %	100 %