VESHOVDA GJERDESYSTEM AS

4372 EGERSUND

Finances

Share Ownership

Return on Equity

−72,07 %

Current Ratio

19,35

Debt-to-Equity Ratio

0,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	735 000	2 233 000	868 000	594 000
Net Income	−351 000	485 000	−1 000	135 000
Total Assets	940 000	1 869 000	393 000	582 000
Total Equity	487 000	839 000	354 000	354 000

Income (NOK)	2022	2021	2020	2019
Revenue	735 000	2 233 000	868 000	594 000
Expenditure	1 054 000	1 698 000	920 000	459 000
Operating Profit	−320 000	535 000	−53 000	134 000
Financial Income	0	0	52 000	0
Financial Costs	32 000	10 000	0	0
Financial Balance	−32 000	−10 000	52 000	0
Earnings Before Tax	−351 000	526 000	−1 000	135 000
Tax	0	40 000	0	0
Net Income	−351 000	485 000	−1 000	135 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 000	15 000	19 000	106 000
Total Current Assets	929 000	1 855 000	374 000	476 000
Total Assets	940 000	1 869 000	393 000	582 000
Total Retained Equity	−113 000	239 000	−246 000	−246 000
Total Equity	487 000	839 000	354 000	354 000
Total Long-Term Debt	405 000	500 000	0	0
Total Current Debt	48 000	531 000	39 000	227 000
Total Equity and Debt	940 000	1 869 000	393 000	582 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	735 000	2 233 000	868 000	594 000
Other Income	0	0	0	0
Revenue	735 000	2 233 000	868 000	594 000
Cost of Goods Sold	568 000	1 314 000	553 000	312 000
Salary Costs	0	2 000	0	2 000
Depreciation	4 000	4 000	1 000	0
Impairment	0	0	0	0
Expenditure	1 054 000	1 698 000	920 000	459 000
Operating Profit	−320 000	535 000	−53 000	134 000
Financial Income	0	0	52 000	0
Financial Costs	32 000	10 000	0	0
Financial Balance	−32 000	−10 000	52 000	0
Dividends	0	0	0	0
Net Income	−351 000	485 000	−1 000	135 000

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	11 000	15 000	19 000	0
Total Tangible Assets	11 000	15 000	19 000	0
Total Fiancial Fixed Assets	0	0	0	106 000
Total Fixed Assets	11 000	15 000	19 000	106 000
Stock	180 000	188 000	180 000	182 000
Total Investments	0	0	0	0
Cash, Bank	732 000	147 000	177 000	99 000
Total Current Assets	929 000	1 855 000	374 000	476 000
Total Assets	940 000	1 869 000	393 000	582 000
Total Equity	487 000	839 000	354 000	354 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	405 000	500 000	0	0
Creditors	47 000	376 000	39 000	227 000
Unpaid Taxes	0	113 000	0	0
Dividends	0	0	0	0
Other Current Debt	1 000	1 000	0	0
Total Current Debt	48 000	531 000	39 000	227 000
Total Equity and Debt	940 000	1 869 000	393 000	582 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−72,07 %	57,81 %	−0,28 %	38,14 %
Debt-to-Equity Ratio	0,83	0,6	0	0
Operating Profit Margin	−43,54 %	23,96 %	−6,11 %	22,56 %
Current Ratio	19,35	3,49	9,59	2,1
Quick Ratio	−7,04	5,41	−2,65	10,58
Equity Ratio	0,52	0,45	0,9	0,61
Gross Profit Margin	22,72 %	41,16 %	36,29 %	47,47 %