VEBJØRN STRØMSNES AS

6089 SANDSHAMN

Finances

Share Ownership

Return on Equity

−107,33 %

Current Ratio

1,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 004 000	10 993 000	7 378 000	9 103 000
Net Income	−586 000	110 000	−22 000	507 000
Total Assets	2 862 000	2 160 000	2 243 000	2 859 000
Total Equity	546 000	1 132 000	1 022 000	794 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 004 000	10 993 000	7 378 000	9 103 000
Expenditure	14 570 000	10 870 000	7 353 000	8 515 000
Operating Profit	−565 000	123 000	25 000	589 000
Financial Income	9 000	10 000	9 000	9 000
Financial Costs	29 000	22 000	56 000	91 000
Financial Balance	−20 000	−12 000	−47 000	−82 000
Earnings Before Tax	−586 000	110 000	−22 000	507 000
Tax	0	0	0	0
Net Income	−586 000	110 000	−22 000	507 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 000	18 000	24 000	31 000
Total Current Assets	2 835 000	2 142 000	2 218 000	2 828 000
Total Assets	2 862 000	2 160 000	2 243 000	2 859 000
Total Retained Equity	−454 000	132 000	22 000	44 000
Total Equity	546 000	1 132 000	1 022 000	794 000
Total Long-Term Debt	0	0	198 000	323 000
Total Current Debt	2 315 000	1 028 000	1 023 000	1 742 000
Total Equity and Debt	2 862 000	2 160 000	2 243 000	2 859 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 004 000	10 993 000	7 378 000	9 103 000
Other Income	0	0	0	0
Revenue	14 004 000	10 993 000	7 378 000	9 103 000
Cost of Goods Sold	10 612 000	6 260 000	3 379 000	4 980 000
Salary Costs	3 023 000	3 393 000	2 907 000	2 498 000
Depreciation	9 000	6 000	6 000	2 000
Impairment	0	0	0	0
Expenditure	14 570 000	10 870 000	7 353 000	8 515 000
Operating Profit	−565 000	123 000	25 000	589 000
Financial Income	9 000	10 000	9 000	9 000
Financial Costs	29 000	22 000	56 000	91 000
Financial Balance	−20 000	−12 000	−47 000	−82 000
Dividends	0	0	0	0
Net Income	−586 000	110 000	−22 000	507 000

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	27 000	6 000	8 000	10 000
Fixtures	0	12 000	17 000	21 000
Total Tangible Assets	27 000	18 000	24 000	31 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	27 000	18 000	24 000	31 000
Stock	632 000	891 000	559 000	1 053 000
Total Investments	0	0	0	0
Cash, Bank	81 000	658 000	679 000	298 000
Total Current Assets	2 835 000	2 142 000	2 218 000	2 828 000
Total Assets	2 862 000	2 160 000	2 243 000	2 859 000
Total Equity	546 000	1 132 000	1 022 000	794 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	198 000	323 000
Creditors	1 512 000	457 000	289 000	868 000
Unpaid Taxes	249 000	167 000	392 000	343 000
Dividends	0	0	0	0
Other Current Debt	280 000	331 000	342 000	531 000
Total Current Debt	2 315 000	1 028 000	1 023 000	1 742 000
Total Equity and Debt	2 862 000	2 160 000	2 243 000	2 859 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−107,33 %	9,72 %	−2,15 %	63,85 %
Debt-to-Equity Ratio	0	0	0,19	0,41
Operating Profit Margin	−4,03 %	1,12 %	0,34 %	6,47 %
Current Ratio	1,22	2,08	2,17	1,62
Quick Ratio	1,68	15,64	4,78	4,1
Equity Ratio	0,19	0,52	0,46	0,28
Gross Profit Margin	24,22 %	43,05 %	54,2 %	45,29 %