VESTÅSEN DRIFT OG UTVIKLING AS

2930 BAGN

Finances

Share Ownership

Return on Equity

−20,24 %

Current Ratio

2,62

Debt-to-Equity Ratio

27,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 395 000	1 260 000	1 290 000	991 000
Net Income	−101 000	207 000	203 000	−86 000
Total Assets	14 559 000	8 626 000	6 950 000	4 585 000
Total Equity	499 000	600 000	392 000	189 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 395 000	1 260 000	1 290 000	991 000
Expenditure	1 395 000	922 000	918 000	949 000
Operating Profit	0	337 000	372 000	42 000
Financial Income	4 000	3 000	3 000	3 000
Financial Costs	114 000	90 000	157 000	131 000
Financial Balance	−110 000	−87 000	−154 000	−128 000
Earnings Before Tax	−110 000	251 000	219 000	−86 000
Tax	−9 000	43 000	15 000	0
Net Income	−101 000	207 000	203 000	−86 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 277 000	7 429 000	5 802 000	3 360 000
Total Current Assets	1 282 000	1 197 000	1 148 000	1 225 000
Total Assets	14 559 000	8 626 000	6 950 000	4 585 000
Total Retained Equity	399 000	500 000	292 000	89 000
Total Equity	499 000	600 000	392 000	189 000
Total Long-Term Debt	13 571 000	6 689 000	5 295 000	3 995 000
Total Current Debt	490 000	1 337 000	1 262 000	401 000
Total Equity and Debt	14 559 000	8 626 000	6 950 000	4 585 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 395 000	1 255 000	1 290 000	991 000
Other Income	0	4 000	0	0
Revenue	1 395 000	1 260 000	1 290 000	991 000
Cost of Goods Sold	41 000	0	0	116 000
Salary Costs	326 000	319 000	327 000	319 000
Depreciation	406 000	229 000	242 000	206 000
Impairment	0	0	0	0
Expenditure	1 395 000	922 000	918 000	949 000
Operating Profit	0	337 000	372 000	42 000
Financial Income	4 000	3 000	3 000	3 000
Financial Costs	114 000	90 000	157 000	131 000
Financial Balance	−110 000	−87 000	−154 000	−128 000
Dividends	0	0	0	0
Net Income	−101 000	207 000	203 000	−86 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	201 000	101 000	5 714 000	3 240 000
Machinery and Plant Facilities	13 076 000	7 328 000	88 000	120 000
Fixtures	0	0	0	0
Total Tangible Assets	13 277 000	7 429 000	5 802 000	3 360 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 277 000	7 429 000	5 802 000	3 360 000
Stock	415 000	410 000	410 000	410 000
Total Investments	0	0	0	0
Cash, Bank	201 000	253 000	304 000	602 000
Total Current Assets	1 282 000	1 197 000	1 148 000	1 225 000
Total Assets	14 559 000	8 626 000	6 950 000	4 585 000
Total Equity	499 000	600 000	392 000	189 000
Short-Term Group Debt	0	0	0	112 000
Total Long-Term Debt	13 571 000	6 689 000	5 295 000	3 995 000
Creditors	301 000	995 000	1 051 000	75 000
Unpaid Taxes	0	19 000	0	19 000
Dividends	0	0	0	0
Other Current Debt	189 000	189 000	194 000	195 000
Total Current Debt	490 000	1 337 000	1 262 000	401 000
Total Equity and Debt	14 559 000	8 626 000	6 950 000	4 585 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−20,24 %	34,5 %	51,79 %	−45,5 %
Debt-to-Equity Ratio	27,2	11,15	13,51	21,14
Operating Profit Margin	0 %	26,75 %	28,84 %	4,24 %
Current Ratio	2,62	0,9	0,91	3,05
Quick Ratio	17,09	1,29	1,35	−136,11
Equity Ratio	0,03	0,07	0,06	0,04
Gross Profit Margin	97,06 %	100 %	100 %	88,29 %