VESTNES UTVIKLING AS

6517 KRISTIANSUND N

Finances

Return on Equity

−3,02 %

Current Ratio

1,19

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	4 480 000	2 401 000
Net Income	−95 000	−225 000	3 183 000	60 000
Total Assets	4 088 000	4 267 000	7 122 000	6 889 000
Total Equity	3 145 000	3 240 000	3 465 000	2 708 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	4 480 000	2 401 000
Expenditure	92 000	259 000	294 000	2 151 000
Operating Profit	−92 000	−259 000	4 186 000	250 000
Financial Income	0	0	1 000	2 000
Financial Costs	31 000	28 000	106 000	175 000
Financial Balance	−31 000	−28 000	−105 000	−173 000
Earnings Before Tax	−122 000	−288 000	4 080 000	77 000
Tax	−27 000	−63 000	898 000	17 000
Net Income	−95 000	−225 000	3 183 000	60 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 643 000	3 796 000	3 353 000	5 507 000
Total Current Assets	445 000	471 000	3 768 000	1 382 000
Total Assets	4 088 000	4 267 000	7 122 000	6 889 000
Total Retained Equity	2 641 000	2 736 000	2 961 000	2 204 000
Total Equity	3 145 000	3 240 000	3 465 000	2 708 000
Total Long-Term Debt	569 000	655 000	914 000	4 000 000
Total Current Debt	374 000	372 000	2 743 000	181 000
Total Equity and Debt	4 088 000	4 267 000	7 122 000	6 889 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	5 000	753 000
Other Income	0	0	4 475 000	1 648 000
Revenue	0	0	4 480 000	2 401 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	68 000
Depreciation	0	0	0	42 000
Impairment	0	0	0	0
Expenditure	92 000	259 000	294 000	2 151 000
Operating Profit	−92 000	−259 000	4 186 000	250 000
Financial Income	0	0	1 000	2 000
Financial Costs	31 000	28 000	106 000	175 000
Financial Balance	−31 000	−28 000	−105 000	−173 000
Dividends	0	0	2 426 000	0
Net Income	−95 000	−225 000	3 183 000	60 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	102 000	75 000	11 000	909 000
Real Eastate	0	0	0	1 467 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	94 000
Total Tangible Assets	0	0	0	1 560 000
Total Fiancial Fixed Assets	3 541 000	3 722 000	3 342 000	3 037 000
Total Fixed Assets	3 643 000	3 796 000	3 353 000	5 507 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 000	47 000	908 000	1 322 000
Total Current Assets	445 000	471 000	3 768 000	1 382 000
Total Assets	4 088 000	4 267 000	7 122 000	6 889 000
Total Equity	3 145 000	3 240 000	3 465 000	2 708 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	569 000	655 000	914 000	4 000 000
Creditors	20 000	19 000	−36 000	124 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	2 426 000	0
Other Current Debt	354 000	353 000	353 000	57 000
Total Current Debt	374 000	372 000	2 743 000	181 000
Total Equity and Debt	4 088 000	4 267 000	7 122 000	6 889 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,02 %	−6,94 %	91,86 %	2,22 %
Debt-to-Equity Ratio	0,18	0,2	0,26	1,48
Operating Profit Margin	-	-	93,44 %	10,41 %
Current Ratio	1,19	1,27	1,37	7,64
Quick Ratio	1,19	1,27	1,37	7,64
Equity Ratio	0,77	0,76	0,49	0,39
Gross Profit Margin	-	-	100 %	100 %