VESTLANDSKE UTLEIE AS

4055 SOLA

Finances

Share Ownership

Return on Equity

−21,58 %

Current Ratio

9,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 667 000	5 490 000	4 580 000	3 886 000
Net Income	−139 000	15 000	261 000	3 000
Total Assets	716 000	937 000	1 125 000	1 529 000
Total Equity	644 000	644 000	630 000	627 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 667 000	5 490 000	4 580 000	3 886 000
Expenditure	1 847 000	5 472 000	4 219 000	3 879 000
Operating Profit	−180 000	18 000	360 000	7 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	0	0	2 000	4 000
Financial Balance	1 000	1 000	−1 000	−4 000
Earnings Before Tax	−179 000	19 000	360 000	4 000
Tax	−39 000	4 000	99 000	1 000
Net Income	−139 000	15 000	261 000	3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	26 000
Total Current Assets	716 000	937 000	1 125 000	1 504 000
Total Assets	716 000	937 000	1 125 000	1 529 000
Total Retained Equity	238 000	238 000	223 000	220 000
Total Equity	644 000	644 000	630 000	627 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	72 000	293 000	495 000	903 000
Total Equity and Debt	716 000	937 000	1 125 000	1 529 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 614 000	5 490 000	4 705 000	3 761 000
Other Income	53 000	0	−125 000	125 000
Revenue	1 667 000	5 490 000	4 580 000	3 886 000
Cost of Goods Sold	1 549 000	5 231 000	4 072 000	3 730 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 847 000	5 472 000	4 219 000	3 879 000
Operating Profit	−180 000	18 000	360 000	7 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	0	0	2 000	4 000
Financial Balance	1 000	1 000	−1 000	−4 000
Dividends	0	0	0	0
Net Income	−139 000	15 000	261 000	3 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	26 000
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	26 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	73 000	767 000	376 000	644 000
Total Current Assets	716 000	937 000	1 125 000	1 504 000
Total Assets	716 000	937 000	1 125 000	1 529 000
Total Equity	644 000	644 000	630 000	627 000
Short-Term Group Debt	0	0	331 000	410 000
Total Long-Term Debt	0	0	0	0
Creditors	69 000	179 000	165 000	462 000
Unpaid Taxes	3 000	0	0	26 000
Dividends	0	0	0	0
Other Current Debt	0	110 000	0	0
Total Current Debt	72 000	293 000	495 000	903 000
Total Equity and Debt	716 000	937 000	1 125 000	1 529 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−21,58 %	2,33 %	41,43 %	0,48 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−10,8 %	0,33 %	7,86 %	0,18 %
Current Ratio	9,94	3,2	2,27	1,67
Quick Ratio	9,94	3,2	2,27	1,67
Equity Ratio	0,9	0,69	0,56	0,41
Gross Profit Margin	7,08 %	4,72 %	11,09 %	4,01 %