VESTLANDSHUS TROMSØ AS

9300 FINNSNES

Finances

Return on Equity

−10,06 %

Current Ratio

1,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 586 000	110 866 000	70 868 000	13 293 000
Net Income	−874 000	2 954 000	5 572 000	−1 449 000
Total Assets	18 880 000	32 717 000	26 262 000	19 760 000
Total Equity	8 692 000	9 192 000	9 335 000	7 162 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 586 000	110 866 000	70 868 000	13 293 000
Expenditure	27 869 000	107 181 000	63 857 000	15 091 000
Operating Profit	−1 282 000	3 685 000	7 010 000	−1 798 000
Financial Income	166 000	116 000	142 000	16 000
Financial Costs	3 000	14 000	8 000	76 000
Financial Balance	163 000	102 000	134 000	−60 000
Earnings Before Tax	−1 120 000	3 787 000	7 144 000	−1 858 000
Tax	−246 000	833 000	1 572 000	−409 000
Net Income	−874 000	2 954 000	5 572 000	−1 449 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	426 000	335 000	141 000	642 000
Total Current Assets	18 453 000	32 383 000	26 121 000	19 118 000
Total Assets	18 880 000	32 717 000	26 262 000	19 760 000
Total Retained Equity	5 342 000	6 216 000	6 358 000	4 186 000
Total Equity	8 692 000	9 192 000	9 335 000	7 162 000
Total Long-Term Debt	0	0	16 000	0
Total Current Debt	10 188 000	23 526 000	16 911 000	12 598 000
Total Equity and Debt	18 880 000	32 717 000	26 262 000	19 760 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 372 000	110 593 000	70 638 000	13 283 000
Other Income	215 000	274 000	229 000	10 000
Revenue	26 586 000	110 866 000	70 868 000	13 293 000
Cost of Goods Sold	15 737 000	90 982 000	53 800 000	8 600 000
Salary Costs	6 932 000	9 197 000	6 801 000	4 554 000
Depreciation	39 000	52 000	8 000	5 000
Impairment	0	0	0	0
Expenditure	27 869 000	107 181 000	63 857 000	15 091 000
Operating Profit	−1 282 000	3 685 000	7 010 000	−1 798 000
Financial Income	166 000	116 000	142 000	16 000
Financial Costs	3 000	14 000	8 000	76 000
Financial Balance	163 000	102 000	134 000	−60 000
Dividends	0	0	0	0
Net Income	−874 000	2 954 000	5 572 000	−1 449 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	165 000	24 000	0	597 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	177 000	216 000	101 000	0
Fixtures	0	0	13 000	18 000
Total Tangible Assets	177 000	216 000	114 000	18 000
Total Fiancial Fixed Assets	84 000	94 000	27 000	27 000
Total Fixed Assets	426 000	335 000	141 000	642 000
Stock	172 000	166 000	293 000	296 000
Total Investments	0	0	0	0
Cash, Bank	394 000	1 857 000	4 362 000	5 168 000
Total Current Assets	18 453 000	32 383 000	26 121 000	19 118 000
Total Assets	18 880 000	32 717 000	26 262 000	19 760 000
Total Equity	8 692 000	9 192 000	9 335 000	7 162 000
Short-Term Group Debt	4 291 000	10 946 000	5 023 000	7 171 000
Total Long-Term Debt	0	0	16 000	0
Creditors	3 076 000	6 974 000	5 959 000	4 579 000
Unpaid Taxes	492 000	1 862 000	1 621 000	275 000
Dividends	0	0	0	0
Other Current Debt	2 329 000	3 744 000	4 309 000	574 000
Total Current Debt	10 188 000	23 526 000	16 911 000	12 598 000
Total Equity and Debt	18 880 000	32 717 000	26 262 000	19 760 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,06 %	32,14 %	59,69 %	−20,23 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−4,82 %	3,32 %	9,89 %	−13,53 %
Current Ratio	1,81	1,38	1,54	1,52
Quick Ratio	1,84	1,39	1,57	1,55
Equity Ratio	0,46	0,28	0,36	0,36
Gross Profit Margin	40,81 %	17,94 %	24,08 %	35,3 %