VESTLAND MANAGEMENT AS

5254 SANDSLI

Finances

Return on Equity

326,94 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	34 401 000	51 982 000	43 055 000	58 866 000
Net Income	716 000	4 744 000	7 389 000	8 874 000
Total Assets	11 773 000	19 833 000	19 077 000	20 732 000
Total Equity	219 000	181 000	178 000	2 226 000

Income (NOK)	2022	2021	2020	2019
Revenue	34 401 000	51 982 000	43 055 000	58 866 000
Expenditure	33 264 000	45 726 000	33 519 000	47 490 000
Operating Profit	1 137 000	6 257 000	9 537 000	11 375 000
Financial Income	1 325 000	36 000	177 000	353 000
Financial Costs	1 543 000	208 000	248 000	344 000
Financial Balance	−218 000	−172 000	−71 000	9 000
Earnings Before Tax	919 000	6 085 000	9 465 000	11 384 000
Tax	204 000	1 341 000	2 076 000	2 510 000
Net Income	716 000	4 744 000	7 389 000	8 874 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	237 000	155 000	278 000	426 000
Total Current Assets	11 536 000	19 678 000	18 799 000	20 306 000
Total Assets	11 773 000	19 833 000	19 077 000	20 732 000
Total Retained Equity	119 000	81 000	78 000	2 126 000
Total Equity	219 000	181 000	178 000	2 226 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	11 554 000	19 653 000	18 898 000	18 506 000
Total Equity and Debt	11 773 000	19 833 000	19 077 000	20 732 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	33 045 000	38 627 000	38 279 000	39 854 000
Other Income	1 356 000	13 355 000	4 776 000	19 012 000
Revenue	34 401 000	51 982 000	43 055 000	58 866 000
Cost of Goods Sold	0	13 511 000	3 391 000	18 174 000
Salary Costs	15 180 000	20 455 000	20 365 000	19 217 000
Depreciation	0	11 000	95 000	43 000
Impairment	0	0	0	0
Expenditure	33 264 000	45 726 000	33 519 000	47 490 000
Operating Profit	1 137 000	6 257 000	9 537 000	11 375 000
Financial Income	1 325 000	36 000	177 000	353 000
Financial Costs	1 543 000	208 000	248 000	344 000
Financial Balance	−218 000	−172 000	−71 000	9 000
Dividends	0	0	2 000 000	0
Net Income	716 000	4 744 000	7 389 000	8 874 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	171 000	29 000	32 000	11 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	30 000	30 000	41 000	135 000
Total Tangible Assets	30 000	30 000	41 000	135 000
Total Fiancial Fixed Assets	36 000	96 000	206 000	280 000
Total Fixed Assets	237 000	155 000	278 000	426 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 464 000	15 213 000	14 992 000	12 116 000
Total Current Assets	11 536 000	19 678 000	18 799 000	20 306 000
Total Assets	11 773 000	19 833 000	19 077 000	20 732 000
Total Equity	219 000	181 000	178 000	2 226 000
Short-Term Group Debt	1 547 000	6 080 000	9 533 000	11 883 000
Total Long-Term Debt	0	0	0	0
Creditors	6 515 000	8 034 000	2 627 000	1 754 000
Unpaid Taxes	1 071 000	1 230 000	2 780 000	2 833 000
Dividends	0	0	2 000 000	0
Other Current Debt	2 421 000	4 309 000	1 958 000	2 036 000
Total Current Debt	11 554 000	19 653 000	18 898 000	18 506 000
Total Equity and Debt	11 773 000	19 833 000	19 077 000	20 732 000

Financial indicators	2022	2021	2020	2019
Return on Equity	326,94 %	2 620,99 %	4 151,12 %	398,65 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,31 %	12,04 %	22,15 %	19,32 %
Current Ratio	1	1	0,99	1,1
Quick Ratio	1	1	0,99	1,1
Equity Ratio	0,02	0,01	0,01	0,11
Gross Profit Margin	100 %	74,01 %	92,12 %	69,13 %