VEST BÅTSERVICE AS

5302 STRUSSHAMN

Finances

Share Ownership

Return on Equity

−52,17 %

Current Ratio

0,87

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 805 000	3 708 000	4 189 000	2 999 000
Net Income	12 000	445 000	164 000	29 000
Total Assets	798 000	1 204 000	653 000	804 000
Total Equity	−23 000	−35 000	−480 000	−644 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 805 000	3 708 000	4 189 000	2 999 000
Expenditure	4 218 000	3 259 000	4 020 000	2 964 000
Operating Profit	16 000	449 000	168 000	34 000
Financial Income	1 000	1 000	0	0
Financial Costs	4 000	5 000	4 000	5 000
Financial Balance	−3 000	−4 000	−4 000	−5 000
Earnings Before Tax	12 000	445 000	164 000	29 000
Tax	0	0	0	0
Net Income	12 000	445 000	164 000	29 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	80 000	111 000	37 000	57 000
Total Current Assets	718 000	1 093 000	616 000	747 000
Total Assets	798 000	1 204 000	653 000	804 000
Total Retained Equity	−123 000	−135 000	−580 000	−744 000
Total Equity	−23 000	−35 000	−480 000	−644 000
Total Long-Term Debt	0	202 000	412 000	489 000
Total Current Debt	821 000	1 037 000	721 000	959 000
Total Equity and Debt	798 000	1 204 000	653 000	804 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 805 000	3 676 000	4 157 000	2 999 000
Other Income	0	32 000	32 000	0
Revenue	3 805 000	3 708 000	4 189 000	2 999 000
Cost of Goods Sold	1 967 000	1 913 000	2 459 000	1 357 000
Salary Costs	1 257 000	418 000	382 000	766 000
Depreciation	8 000	6 000	20 000	10 000
Impairment	0	0	0	0
Expenditure	4 218 000	3 259 000	4 020 000	2 964 000
Operating Profit	16 000	449 000	168 000	34 000
Financial Income	1 000	1 000	0	0
Financial Costs	4 000	5 000	4 000	5 000
Financial Balance	−3 000	−4 000	−4 000	−5 000
Dividends	0	0	0	0
Net Income	12 000	445 000	164 000	29 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	27 000	34 000	15 000	19 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	20 000	21 000	22 000	38 000
Total Tangible Assets	47 000	55 000	37 000	57 000
Total Fiancial Fixed Assets	33 000	56 000	0	0
Total Fixed Assets	80 000	111 000	37 000	57 000
Stock	623 000	194 000	200 000	118 000
Total Investments	0	0	0	0
Cash, Bank	−2 000	269 000	204 000	207 000
Total Current Assets	718 000	1 093 000	616 000	747 000
Total Assets	798 000	1 204 000	653 000	804 000
Total Equity	−23 000	−35 000	−480 000	−644 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	202 000	412 000	489 000
Creditors	81 000	105 000	128 000	109 000
Unpaid Taxes	83 000	51 000	41 000	53 000
Dividends	0	0	0	0
Other Current Debt	657 000	881 000	553 000	796 000
Total Current Debt	821 000	1 037 000	721 000	959 000
Total Equity and Debt	798 000	1 204 000	653 000	804 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−52,17 %	−1 271,43 %	−34,17 %	−4,5 %
Debt-to-Equity Ratio	−0	−5,77	−0,86	−0,76
Operating Profit Margin	0,42 %	12,11 %	4,01 %	1,13 %
Current Ratio	0,87	1,05	0,85	0,78
Quick Ratio	3,63	1,3	1,18	0,89
Equity Ratio	−0,03	−0,03	−0,74	−0,8
Gross Profit Margin	48,3 %	48,41 %	41,3 %	54,75 %