VESTLAND FORSIKRING AS

5252 SØREIDGREND

Finances

Share Ownership

Return on Equity

163,24 %

Current Ratio

2,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	441 000	441 000	620 000	410 000
Net Income	111 000	35 000	−31 000	−38 000
Total Assets	132 000	42 000	85 000	58 000
Total Equity	68 000	−43 000	−78 000	−47 000

Income (NOK)	2022	2021	2020	2019
Revenue	441 000	441 000	620 000	410 000
Expenditure	309 000	406 000	650 000	449 000
Operating Profit	133 000	35 000	−30 000	−38 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Earnings Before Tax	133 000	35 000	−31 000	−38 000
Tax	21 000	0	0	0
Net Income	111 000	35 000	−31 000	−38 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	132 000	42 000	85 000	58 000
Total Assets	132 000	42 000	85 000	58 000
Total Retained Equity	−32 000	−143 000	−178 000	−147 000
Total Equity	68 000	−43 000	−78 000	−47 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	64 000	85 000	163 000	105 000
Total Equity and Debt	132 000	42 000	85 000	58 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	441 000	63 000	233 000	39 000
Other Income	0	378 000	387 000	371 000
Revenue	441 000	441 000	620 000	410 000
Cost of Goods Sold	0	0	0	0
Salary Costs	165 000	241 000	497 000	286 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	309 000	406 000	650 000	449 000
Operating Profit	133 000	35 000	−30 000	−38 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Dividends	0	0	0	0
Net Income	111 000	35 000	−31 000	−38 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	67 000	34 000	54 000	34 000
Total Current Assets	132 000	42 000	85 000	58 000
Total Assets	132 000	42 000	85 000	58 000
Total Equity	68 000	−43 000	−78 000	−47 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	11 000	28 000	9 000
Unpaid Taxes	4 000	31 000	28 000	30 000
Dividends	0	0	0	0
Other Current Debt	38 000	42 000	107 000	67 000
Total Current Debt	64 000	85 000	163 000	105 000
Total Equity and Debt	132 000	42 000	85 000	58 000

Financial indicators	2022	2021	2020	2019
Return on Equity	163,24 %	−81,4 %	39,74 %	80,85 %
Debt-to-Equity Ratio	0	−0	−0	−0
Operating Profit Margin	30,16 %	7,94 %	−4,84 %	−9,27 %
Current Ratio	2,06	0,49	0,52	0,55
Quick Ratio	2,06	0,49	0,52	0,55
Equity Ratio	0,52	−1,02	−0,92	−0,81
Gross Profit Margin	100 %	100 %	100 %	100 %