VEST GASS AS

5353 STRAUME

Finances

Share Ownership

Return on Equity

20,16 %

Current Ratio

0,62

Debt-to-Equity Ratio

−1,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 680 000	3 682 000	2 606 000	2 544 000
Net Income	−433 000	−528 000	−241 000	54 000
Total Assets	1 866 000	1 811 000	1 692 000	1 018 000
Total Equity	−2 148 000	−1 715 000	−1 187 000	−946 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 680 000	3 682 000	2 606 000	2 544 000
Expenditure	5 046 000	4 174 000	2 827 000	2 464 000
Operating Profit	−366 000	−492 000	−222 000	80 000
Financial Income	1 000	0	1 000	0
Financial Costs	68 000	37 000	20 000	26 000
Financial Balance	−67 000	−37 000	−19 000	−26 000
Earnings Before Tax	−433 000	−528 000	−241 000	54 000
Tax	0	0	0	0
Net Income	−433 000	−528 000	−241 000	54 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	770 000	932 000	711 000	16 000
Total Current Assets	1 096 000	878 000	981 000	1 001 000
Total Assets	1 866 000	1 811 000	1 692 000	1 018 000
Total Retained Equity	−2 648 000	−2 215 000	−1 687 000	−1 446 000
Total Equity	−2 148 000	−1 715 000	−1 187 000	−946 000
Total Long-Term Debt	2 259 000	1 962 000	1 613 000	0
Total Current Debt	1 755 000	1 564 000	1 266 000	1 964 000
Total Equity and Debt	1 866 000	1 811 000	1 692 000	1 018 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 680 000	3 682 000	2 606 000	2 542 000
Other Income	0	0	0	2 000
Revenue	4 680 000	3 682 000	2 606 000	2 544 000
Cost of Goods Sold	2 640 000	2 252 000	1 457 000	1 211 000
Salary Costs	1 088 000	821 000	672 000	616 000
Depreciation	192 000	148 000	80 000	22 000
Impairment	0	0	0	0
Expenditure	5 046 000	4 174 000	2 827 000	2 464 000
Operating Profit	−366 000	−492 000	−222 000	80 000
Financial Income	1 000	0	1 000	0
Financial Costs	68 000	37 000	20 000	26 000
Financial Balance	−67 000	−37 000	−19 000	−26 000
Dividends	0	0	0	0
Net Income	−433 000	−528 000	−241 000	54 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	523 000	0
Machinery and Plant Facilities	0	0	188 000	16 000
Fixtures	770 000	932 000	0	0
Total Tangible Assets	770 000	932 000	711 000	16 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	770 000	932 000	711 000	16 000
Stock	742 000	548 000	787 000	899 000
Total Investments	0	0	0	0
Cash, Bank	45 000	58 000	28 000	50 000
Total Current Assets	1 096 000	878 000	981 000	1 001 000
Total Assets	1 866 000	1 811 000	1 692 000	1 018 000
Total Equity	−2 148 000	−1 715 000	−1 187 000	−946 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 259 000	1 962 000	1 613 000	0
Creditors	1 066 000	1 049 000	718 000	208 000
Unpaid Taxes	128 000	59 000	47 000	98 000
Dividends	0	0	0	0
Other Current Debt	269 000	185 000	222 000	1 398 000
Total Current Debt	1 755 000	1 564 000	1 266 000	1 964 000
Total Equity and Debt	1 866 000	1 811 000	1 692 000	1 018 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,16 %	30,79 %	20,3 %	−5,71 %
Debt-to-Equity Ratio	−1,05	−1,14	−1,36	−0
Operating Profit Margin	−7,82 %	−13,36 %	−8,52 %	3,14 %
Current Ratio	0,62	0,56	0,77	0,51
Quick Ratio	1,08	0,86	2,05	0,94
Equity Ratio	−1,15	−0,95	−0,7	−0,93
Gross Profit Margin	43,59 %	38,84 %	44,09 %	52,4 %