VESTLAND MARINE AS

5008 BERGEN

Finances

Share Ownership

Return on Equity

−6,42 %

Current Ratio

1,14

Debt-to-Equity Ratio

−1,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	651 000	306 000	−5 343 000	1 524 000
Total Assets	29 726 000	26 557 000	25 919 000	27 270 000
Total Equity	−10 147 000	−10 798 000	−11 104 000	−5 761 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	65 000	62 000	176 000	351 000
Operating Profit	326 000	219 000	−5 305 000	1 532 000
Financial Income	3 114 000	876 000	769 000	287 000
Financial Costs	2 789 000	788 000	807 000	295 000
Financial Balance	325 000	88 000	−38 000	−8 000
Earnings Before Tax	651 000	306 000	−5 343 000	1 524 000
Tax	0	0	0	0
Net Income	651 000	306 000	−5 343 000	1 524 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	29 726 000	26 557 000	25 919 000	27 270 000
Total Assets	29 726 000	26 557 000	25 919 000	27 270 000
Total Retained Equity	−10 247 000	−10 904 000	−11 210 000	−5 867 000
Total Equity	−10 147 000	−10 798 000	−11 104 000	−5 761 000
Total Long-Term Debt	13 795 000	13 263 000	12 486 000	9 712 000
Total Current Debt	26 078 000	24 092 000	24 537 000	23 320 000
Total Equity and Debt	29 726 000	26 557 000	25 919 000	27 270 000

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	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	65 000	62 000	176 000	351 000
Operating Profit	326 000	219 000	−5 305 000	1 532 000
Financial Income	3 114 000	876 000	769 000	287 000
Financial Costs	2 789 000	788 000	807 000	295 000
Financial Balance	325 000	88 000	−38 000	−8 000
Dividends	0	0	0	0
Net Income	651 000	306 000	−5 343 000	1 524 000

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	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	88 000	32 000	254 000	929 000
Total Current Assets	29 726 000	26 557 000	25 919 000	27 270 000
Total Assets	29 726 000	26 557 000	25 919 000	27 270 000
Total Equity	−10 147 000	−10 798 000	−11 104 000	−5 761 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 795 000	13 263 000	12 486 000	9 712 000
Creditors	24 679 000	22 840 000	23 325 000	22 073 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 399 000	1 252 000	1 211 000	1 247 000
Total Current Debt	26 078 000	24 092 000	24 537 000	23 320 000
Total Equity and Debt	29 726 000	26 557 000	25 919 000	27 270 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,42 %	−2,83 %	48,12 %	−26,45 %
Debt-to-Equity Ratio	−1,36	−1,23	−1,12	−1,69
Operating Profit Margin	-	-	-	-
Current Ratio	1,14	1,1	1,06	1,17
Quick Ratio	1,14	1,1	1,06	1,17
Equity Ratio	−0,34	−0,41	−0,43	−0,21
Gross Profit Margin	-	-	-	-