VESTLAND FLIS & MUR AS

5281 VALESTRANDSFOSSEN

Finances

Share Ownership

Return on Equity

40,71 %

Current Ratio

1,53

Debt-to-Equity Ratio

1,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 112 000	1 193 000	915 000	874 000
Net Income	46 000	74 000	−54 000	165 000
Total Assets	389 000	402 000	392 000	245 000
Total Equity	113 000	67 000	−7 000	47 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 112 000	1 193 000	915 000	874 000
Expenditure	1 056 000	1 112 000	959 000	704 000
Operating Profit	56 000	82 000	−44 000	169 000
Financial Income	0	0	0	0
Financial Costs	8 000	8 000	10 000	4 000
Financial Balance	−8 000	−8 000	−10 000	−4 000
Earnings Before Tax	48 000	74 000	−54 000	165 000
Tax	2 000	0	0	0
Net Income	46 000	74 000	−54 000	165 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	160 000	203 000	246 000	0
Total Current Assets	229 000	199 000	146 000	245 000
Total Assets	389 000	402 000	392 000	245 000
Total Retained Equity	13 000	−33 000	−107 000	−53 000
Total Equity	113 000	67 000	−7 000	47 000
Total Long-Term Debt	126 000	164 000	235 000	65 000
Total Current Debt	150 000	171 000	163 000	133 000
Total Equity and Debt	389 000	402 000	392 000	245 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 112 000	1 193 000	915 000	874 000
Other Income	0	0	0	0
Revenue	1 112 000	1 193 000	915 000	874 000
Cost of Goods Sold	186 000	235 000	160 000	130 000
Salary Costs	602 000	659 000	591 000	435 000
Depreciation	43 000	43 000	11 000	0
Impairment	0	0	0	0
Expenditure	1 056 000	1 112 000	959 000	704 000
Operating Profit	56 000	82 000	−44 000	169 000
Financial Income	0	0	0	0
Financial Costs	8 000	8 000	10 000	4 000
Financial Balance	−8 000	−8 000	−10 000	−4 000
Dividends	0	0	0	0
Net Income	46 000	74 000	−54 000	165 000

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	160 000	203 000	246 000	0
Total Tangible Assets	160 000	203 000	246 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	160 000	203 000	246 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	175 000	136 000	128 000	47 000
Total Current Assets	229 000	199 000	146 000	245 000
Total Assets	389 000	402 000	392 000	245 000
Total Equity	113 000	67 000	−7 000	47 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	126 000	164 000	235 000	65 000
Creditors	16 000	6 000	2 000	0
Unpaid Taxes	78 000	105 000	107 000	98 000
Dividends	0	0	0	0
Other Current Debt	56 000	59 000	54 000	35 000
Total Current Debt	150 000	171 000	163 000	133 000
Total Equity and Debt	389 000	402 000	392 000	245 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,71 %	110,45 %	771,43 %	351,06 %
Debt-to-Equity Ratio	1,12	2,45	−33,57	1,38
Operating Profit Margin	5,04 %	6,87 %	−4,81 %	19,34 %
Current Ratio	1,53	1,16	0,9	1,84
Quick Ratio	1,53	1,16	0,9	1,84
Equity Ratio	0,29	0,17	−0,02	0,19
Gross Profit Margin	83,27 %	80,3 %	82,51 %	85,13 %