VESTTUNVEGEN 5 AS

2150 ÅRNES

Finances

Share Ownership

Return on Equity

45,88 %

Current Ratio

2,89

Debt-to-Equity Ratio

0,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 496 000	1 161 000	705 000	500 000
Net Income	479 000	427 000	−1 545 000	304 000
Total Assets	2 232 000	1 689 000	3 681 000	615 000
Total Equity	1 044 000	565 000	146 000	219 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 496 000	1 161 000	705 000	500 000
Expenditure	849 000	593 000	2 510 000	109 000
Operating Profit	648 000	567 000	−1 805 000	391 000
Financial Income	0	0	0	0
Financial Costs	33 000	30 000	11 000	1 000
Financial Balance	−33 000	−30 000	−11 000	−1 000
Earnings Before Tax	614 000	537 000	−1 815 000	390 000
Tax	135 000	110 000	−270 000	86 000
Net Income	479 000	427 000	−1 545 000	304 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	722 000	733 000	209 000	352 000
Total Current Assets	1 511 000	956 000	3 472 000	263 000
Total Assets	2 232 000	1 689 000	3 681 000	615 000
Total Retained Equity	924 000	445 000	26 000	99 000
Total Equity	1 044 000	565 000	146 000	219 000
Total Long-Term Debt	667 000	833 000	3 001 000	0
Total Current Debt	522 000	291 000	535 000	397 000
Total Equity and Debt	2 232 000	1 689 000	3 681 000	615 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 455 000	0	125 000	0
Other Income	41 000	1 161 000	580 000	500 000
Revenue	1 496 000	1 161 000	705 000	500 000
Cost of Goods Sold	0	0	0	0
Salary Costs	118 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	849 000	593 000	2 510 000	109 000
Operating Profit	648 000	567 000	−1 805 000	391 000
Financial Income	0	0	0	0
Financial Costs	33 000	30 000	11 000	1 000
Financial Balance	−33 000	−30 000	−11 000	−1 000
Dividends	0	0	0	0
Net Income	479 000	427 000	−1 545 000	304 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	182 000	194 000	209 000	352 000
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	539 000	539 000	0	0
Total Fixed Assets	722 000	733 000	209 000	352 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 377 000	513 000	965 000	263 000
Total Current Assets	1 511 000	956 000	3 472 000	263 000
Total Assets	2 232 000	1 689 000	3 681 000	615 000
Total Equity	1 044 000	565 000	146 000	219 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	667 000	833 000	3 001 000	0
Creditors	157 000	109 000	188 000	9 000
Unpaid Taxes	174 000	52 000	0	51 000
Dividends	0	0	0	0
Other Current Debt	66 000	35 000	347 000	0
Total Current Debt	522 000	291 000	535 000	397 000
Total Equity and Debt	2 232 000	1 689 000	3 681 000	615 000

Financial indicators	2022	2021	2020	2019
Return on Equity	45,88 %	75,58 %	−1 058,22 %	138,81 %
Debt-to-Equity Ratio	0,64	1,47	20,55	0
Operating Profit Margin	43,32 %	48,84 %	−256,03 %	78,2 %
Current Ratio	2,89	3,29	6,49	0,66
Quick Ratio	2,89	3,29	6,49	0,66
Equity Ratio	0,47	0,33	0,04	0,36
Gross Profit Margin	100 %	100 %	100 %	100 %