VESTAVIND OFFSHORE AS

5058 BERGEN

Finances

Share Ownership

Return on Equity

17,82 %

Current Ratio

Debt-to-Equity Ratio

−3,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−113 000	−285 000	−3 523 000	−406 000
Total Assets	1 586 000	2 178 000	14 358 000	17 933 000
Total Equity	−634 000	2 160 000	14 304 000	17 925 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	136 000	305 000	66 000	454 000
Operating Profit	−136 000	−305 000	−66 000	−454 000
Financial Income	23 000	21 000	−3 457 000	48 000
Financial Costs	0	0	0	0
Financial Balance	23 000	21 000	−3 457 000	48 000
Earnings Before Tax	−113 000	−285 000	−3 523 000	−406 000
Tax	0	0	0	0
Net Income	−113 000	−285 000	−3 523 000	−406 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	513 000	1 068 000	4 679 000
Total Current Assets	1 586 000	1 666 000	13 290 000	13 255 000
Total Assets	1 586 000	2 178 000	14 358 000	17 933 000
Total Retained Equity	−1 634 000	1 160 000	13 304 000	16 925 000
Total Equity	−634 000	2 160 000	14 304 000	17 925 000
Total Long-Term Debt	2 159 000	0	0	0
Total Current Debt	61 000	19 000	54 000	8 000
Total Equity and Debt	1 586 000	2 178 000	14 358 000	17 933 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	−10 000	−6 000	−12 000	314 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	136 000	305 000	66 000	454 000
Operating Profit	−136 000	−305 000	−66 000	−454 000
Financial Income	23 000	21 000	−3 457 000	48 000
Financial Costs	0	0	0	0
Financial Balance	23 000	21 000	−3 457 000	48 000
Dividends	0	0	0	0
Net Income	−113 000	−285 000	−3 523 000	−406 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	512 000	1 068 000	4 679 000
Total Fixed Assets	0	513 000	1 068 000	4 679 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 586 000	1 666 000	13 290 000	13 255 000
Total Current Assets	1 586 000	1 666 000	13 290 000	13 255 000
Total Assets	1 586 000	2 178 000	14 358 000	17 933 000
Total Equity	−634 000	2 160 000	14 304 000	17 925 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 159 000	0	0	0
Creditors	0	0	10 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	61 000	19 000	44 000	8 000
Total Current Debt	61 000	19 000	54 000	8 000
Total Equity and Debt	1 586 000	2 178 000	14 358 000	17 933 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,82 %	−13,19 %	−24,63 %	−2,26 %
Debt-to-Equity Ratio	−3,41	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	26	87,68	246,11	1 656,88
Quick Ratio	26	87,68	246,11	1 656,88
Equity Ratio	−0,4	0,99	1	1
Gross Profit Margin	-	-	-	-