VESTBORG VGS AS

6200 STRANDA

Finances

Share Ownership

Return on Equity

729,81 %

Current Ratio

0,19

Debt-to-Equity Ratio

−22,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 267 000	14 575 000	14 790 000	15 015 000
Net Income	−2 350 000	−2 479 000	−400 000	−1 093 000
Total Assets	12 278 000	12 722 000	14 420 000	14 780 000
Total Equity	−322 000	−1 472 000	988 000	1 388 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 267 000	14 575 000	14 790 000	15 015 000
Expenditure	16 535 000	17 026 000	15 193 000	16 114 000
Operating Profit	−2 269 000	−2 450 000	−403 000	−1 099 000
Financial Income	8 000	2 000	10 000	10 000
Financial Costs	89 000	31 000	7 000	3 000
Financial Balance	−81 000	−29 000	3 000	7 000
Earnings Before Tax	−2 350 000	−2 479 000	−400 000	−1 093 000
Tax	0	0	0	0
Net Income	−2 350 000	−2 479 000	−400 000	−1 093 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 274 000	11 554 000	12 121 000	13 052 000
Total Current Assets	1 003 000	1 168 000	2 298 000	1 728 000
Total Assets	12 278 000	12 722 000	14 420 000	14 780 000
Total Retained Equity	−3 926 000	−1 576 000	884 000	1 284 000
Total Equity	−322 000	−1 472 000	988 000	1 388 000
Total Long-Term Debt	7 349 000	10 849 000	10 869 000	10 869 000
Total Current Debt	5 250 000	3 345 000	2 563 000	2 524 000
Total Equity and Debt	12 278 000	12 722 000	14 420 000	14 780 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 806 000	5 517 000	12 886 000	13 941 000
Other Income	8 461 000	9 059 000	1 905 000	1 074 000
Revenue	14 267 000	14 575 000	14 790 000	15 015 000
Cost of Goods Sold	1 237 000	1 092 000	857 000	1 041 000
Salary Costs	12 310 000	12 535 000	11 069 000	11 659 000
Depreciation	449 000	676 000	649 000	705 000
Impairment	0	0	0	0
Expenditure	16 535 000	17 026 000	15 193 000	16 114 000
Operating Profit	−2 269 000	−2 450 000	−403 000	−1 099 000
Financial Income	8 000	2 000	10 000	10 000
Financial Costs	89 000	31 000	7 000	3 000
Financial Balance	−81 000	−29 000	3 000	7 000
Dividends	0	0	0	0
Net Income	−2 350 000	−2 479 000	−400 000	−1 093 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 793 000	11 095 000	11 662 000	12 538 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	474 000	453 000	447 000	495 000
Total Tangible Assets	11 266 000	11 548 000	12 109 000	13 033 000
Total Fiancial Fixed Assets	8 000	7 000	12 000	19 000
Total Fixed Assets	11 274 000	11 554 000	12 121 000	13 052 000
Stock	26 000	29 000	34 000	32 000
Total Investments	0	0	0	0
Cash, Bank	578 000	434 000	1 335 000	695 000
Total Current Assets	1 003 000	1 168 000	2 298 000	1 728 000
Total Assets	12 278 000	12 722 000	14 420 000	14 780 000
Total Equity	−322 000	−1 472 000	988 000	1 388 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 349 000	10 849 000	10 869 000	10 869 000
Creditors	481 000	618 000	737 000	619 000
Unpaid Taxes	697 000	719 000	698 000	664 000
Dividends	0	0	0	0
Other Current Debt	1 261 000	1 349 000	1 128 000	1 241 000
Total Current Debt	5 250 000	3 345 000	2 563 000	2 524 000
Total Equity and Debt	12 278 000	12 722 000	14 420 000	14 780 000

Financial indicators	2022	2021	2020	2019
Return on Equity	729,81 %	168,41 %	−40,49 %	−78,75 %
Debt-to-Equity Ratio	−22,82	−7,37	11	7,83
Operating Profit Margin	−15,9 %	−16,81 %	−2,72 %	−7,32 %
Current Ratio	0,19	0,35	0,9	0,68
Quick Ratio	0,19	0,35	0,91	0,69
Equity Ratio	−0,03	−0,12	0,07	0,09
Gross Profit Margin	91,33 %	92,51 %	94,21 %	93,07 %