CITY VEKST AS

1169 OSLO

Finances

Share Ownership

Return on Equity

−227,19 %

Current Ratio

4,42

Debt-to-Equity Ratio

67,73

Key figures (NOK)	2022	2021	2020	2019
Revenue	168 000	17 000	170 000	351 000
Net Income	−1 220 000	−98 000	−96 000	−6 000
Total Assets	47 625 000	550 000	512 000	683 000
Total Equity	537 000	528 000	496 000	544 000

Income (NOK)	2022	2021	2020	2019
Revenue	168 000	17 000	170 000	351 000
Expenditure	509 000	145 000	293 000	359 000
Operating Profit	−341 000	−128 000	−123 000	−9 000
Financial Income	3 000	2 000	0	2 000
Financial Costs	1 226 000	0	0	0
Financial Balance	−1 223 000	2 000	0	2 000
Earnings Before Tax	−1 564 000	−126 000	−122 000	−8 000
Tax	−344 000	−28 000	−27 000	−2 000
Net Income	−1 220 000	−98 000	−96 000	−6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	197 000	80 000	103 000	154 000
Total Current Assets	47 427 000	470 000	409 000	530 000
Total Assets	47 625 000	550 000	512 000	683 000
Total Retained Equity	78 000	69 000	167 000	263 000
Total Equity	537 000	528 000	496 000	544 000
Total Long-Term Debt	36 369 000	0	0	0
Total Current Debt	10 719 000	22 000	16 000	139 000
Total Equity and Debt	47 625 000	550 000	512 000	683 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	168 000	17 000	170 000	281 000
Other Income	0	0	0	70 000
Revenue	168 000	17 000	170 000	351 000
Cost of Goods Sold	87 000	0	−20 000	48 000
Salary Costs	0	0	0	0
Depreciation	35 000	13 000	131 000	198 000
Impairment	0	0	0	0
Expenditure	509 000	145 000	293 000	359 000
Operating Profit	−341 000	−128 000	−123 000	−9 000
Financial Income	3 000	2 000	0	2 000
Financial Costs	1 226 000	0	0	0
Financial Balance	−1 223 000	2 000	0	2 000
Dividends	0	0	0	0
Net Income	−1 220 000	−98 000	−96 000	−6 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	37 000	39 000	49 000	35 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	160 000	41 000	54 000	119 000
Total Tangible Assets	160 000	41 000	54 000	119 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	197 000	80 000	103 000	154 000
Stock	44 872 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	767 000	263 000	313 000	515 000
Total Current Assets	47 427 000	470 000	409 000	530 000
Total Assets	47 625 000	550 000	512 000	683 000
Total Equity	537 000	528 000	496 000	544 000
Short-Term Group Debt	0	0	0	51 000
Total Long-Term Debt	36 369 000	0	0	0
Creditors	1 589 000	22 000	15 000	4 000
Unpaid Taxes	0	0	0	83 000
Dividends	0	0	0	0
Other Current Debt	9 130 000	0	1 000	1 000
Total Current Debt	10 719 000	22 000	16 000	139 000
Total Equity and Debt	47 625 000	550 000	512 000	683 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−227,19 %	−18,56 %	−19,35 %	−1,1 %
Debt-to-Equity Ratio	67,73	0	0	0
Operating Profit Margin	−202,98 %	−752,94 %	−72,35 %	−2,56 %
Current Ratio	4,42	21,36	25,56	3,81
Quick Ratio	−1,39	21,36	25,56	3,81
Equity Ratio	0,01	0,96	0,97	0,8
Gross Profit Margin	48,21 %	100 %	111,76 %	86,32 %