VESTLAND PROSJEKT AS

5919 FREKHAUG

Finances

Share Ownership

Return on Equity

69,1 %

Current Ratio

0,06

Debt-to-Equity Ratio

−0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 997 000	1 802 000	20 000	21 000
Net Income	−1 456 000	−127 000	−172 000	−27 000
Total Assets	120 000	5 589 000	4 795 000	342 000
Total Equity	−2 107 000	−651 000	−524 000	−352 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 997 000	1 802 000	20 000	21 000
Expenditure	5 413 000	1 964 000	240 000	47 000
Operating Profit	−1 416 000	−162 000	−220 000	−27 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	7 000
Financial Balance	0	0	0	−7 000
Earnings Before Tax	−1 416 000	−163 000	−220 000	−34 000
Tax	40 000	−36 000	−48 000	−8 000
Net Income	−1 456 000	−127 000	−172 000	−27 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	4 328 000	4 773 000	159 000
Total Current Assets	120 000	1 260 000	22 000	184 000
Total Assets	120 000	5 589 000	4 795 000	342 000
Total Retained Equity	−2 607 000	−1 151 000	−1 024 000	−852 000
Total Equity	−2 107 000	−651 000	−524 000	−352 000
Total Long-Term Debt	129 000	978 000	0	407 000
Total Current Debt	2 098 000	5 262 000	5 319 000	287 000
Total Equity and Debt	120 000	5 589 000	4 795 000	342 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 997 000	1 802 000	20 000	21 000
Other Income	0	0	0	0
Revenue	3 997 000	1 802 000	20 000	21 000
Cost of Goods Sold	3 912 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	480 000	52 000	21 000
Impairment	0	0	0	0
Expenditure	5 413 000	1 964 000	240 000	47 000
Operating Profit	−1 416 000	−162 000	−220 000	−27 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	7 000
Financial Balance	0	0	0	−7 000
Dividends	0	0	0	0
Net Income	−1 456 000	−127 000	−172 000	−27 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	40 000	5 000	0
Real Eastate	0	713 000	793 000	0
Machinery and Plant Facilities	0	3 575 000	3 975 000	0
Fixtures	0	0	0	159 000
Total Tangible Assets	0	4 288 000	4 768 000	159 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	4 328 000	4 773 000	159 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	1 000
Total Current Assets	120 000	1 260 000	22 000	184 000
Total Assets	120 000	5 589 000	4 795 000	342 000
Total Equity	−2 107 000	−651 000	−524 000	−352 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	129 000	978 000	0	407 000
Creditors	2 045 000	4 607 000	113 000	0
Unpaid Taxes	54 000	184 000	0	1 000
Dividends	0	0	0	0
Other Current Debt	0	470 000	5 205 000	286 000
Total Current Debt	2 098 000	5 262 000	5 319 000	287 000
Total Equity and Debt	120 000	5 589 000	4 795 000	342 000

Financial indicators	2022	2021	2020	2019
Return on Equity	69,1 %	19,51 %	32,82 %	7,67 %
Debt-to-Equity Ratio	−0,06	−1,5	−0	−1,16
Operating Profit Margin	−35,43 %	−8,99 %	−1 100 %	−128,57 %
Current Ratio	0,06	0,24	0	0,64
Quick Ratio	0,06	0,24	0	0,64
Equity Ratio	−17,56	−0,12	−0,11	−1,03
Gross Profit Margin	2,13 %	100 %	100 %	100 %