VESTFOLD HUDAKADEMI AS

3211 SANDEFJORD

Finances

Share Ownership

Return on Equity

44,24 %

Current Ratio

0,48

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 857 000	3 519 000	2 665 000	2 438 000
Net Income	284 000	25 000	57 000	173 000
Total Assets	4 585 000	3 430 000	1 311 000	931 000
Total Equity	642 000	358 000	334 000	277 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 857 000	3 519 000	2 665 000	2 438 000
Expenditure	4 378 000	3 414 000	2 554 000	2 193 000
Operating Profit	479 000	104 000	112 000	245 000
Financial Income	4 000	1 000	1 000	1 000
Financial Costs	119 000	70 000	42 000	7 000
Financial Balance	−115 000	−69 000	−41 000	−6 000
Earnings Before Tax	364 000	36 000	71 000	238 000
Tax	81 000	11 000	14 000	65 000
Net Income	284 000	25 000	57 000	173 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 698 000	2 701 000	108 000	108 000
Total Current Assets	1 887 000	729 000	1 203 000	823 000
Total Assets	4 585 000	3 430 000	1 311 000	931 000
Total Retained Equity	542 000	258 000	234 000	177 000
Total Equity	642 000	358 000	334 000	277 000
Total Long-Term Debt	0	1 000	0	0
Total Current Debt	3 943 000	3 071 000	978 000	654 000
Total Equity and Debt	4 585 000	3 430 000	1 311 000	931 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 469 000	3 319 000	2 595 000	2 438 000
Other Income	388 000	200 000	70 000	0
Revenue	4 857 000	3 519 000	2 665 000	2 438 000
Cost of Goods Sold	1 813 000	1 439 000	1 201 000	1 289 000
Salary Costs	724 000	465 000	373 000	0
Depreciation	20 000	16 000	16 000	18 000
Impairment	0	0	0	0
Expenditure	4 378 000	3 414 000	2 554 000	2 193 000
Operating Profit	479 000	104 000	112 000	245 000
Financial Income	4 000	1 000	1 000	1 000
Financial Costs	119 000	70 000	42 000	7 000
Financial Balance	−115 000	−69 000	−41 000	−6 000
Dividends	0	0	0	0
Net Income	284 000	25 000	57 000	173 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 609 000	2 609 000	0	0
Machinery and Plant Facilities	46 000	49 000	65 000	27 000
Fixtures	0	0	0	7 000
Total Tangible Assets	2 656 000	2 658 000	65 000	34 000
Total Fiancial Fixed Assets	43 000	43 000	43 000	74 000
Total Fixed Assets	2 698 000	2 701 000	108 000	108 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	298 000	227 000	140 000	100 000
Total Current Assets	1 887 000	729 000	1 203 000	823 000
Total Assets	4 585 000	3 430 000	1 311 000	931 000
Total Equity	642 000	358 000	334 000	277 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	0	0
Creditors	120 000	46 000	132 000	94 000
Unpaid Taxes	77 000	59 000	18 000	0
Dividends	0	0	0	0
Other Current Debt	1 779 000	932 000	813 000	475 000
Total Current Debt	3 943 000	3 071 000	978 000	654 000
Total Equity and Debt	4 585 000	3 430 000	1 311 000	931 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,24 %	6,98 %	17,07 %	62,45 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,86 %	2,96 %	4,2 %	10,05 %
Current Ratio	0,48	0,24	1,23	1,26
Quick Ratio	0,48	0,24	1,23	1,26
Equity Ratio	0,14	0,1	0,25	0,3
Gross Profit Margin	62,67 %	59,11 %	54,93 %	47,13 %