VESTRE FAGERLI AS

3263 LARVIK

Finances

Share Ownership

Return on Equity

−534,88 %

Current Ratio

4,17

Debt-to-Equity Ratio

121,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	263 000	32 721 000	0	22 000
Net Income	−920 000	5 870 000	−829 000	−517 000
Total Assets	27 593 000	17 426 000	23 561 000	13 269 000
Total Equity	172 000	4 204 000	−1 666 000	−837 000

Income (NOK)	2022	2021	2020	2019
Revenue	263 000	32 721 000	0	22 000
Expenditure	295 000	717 000	201 000	63 000
Operating Profit	−32 000	7 809 000	−200 000	−42 000
Financial Income	0	0	0	0
Financial Costs	1 148 000	765 000	629 000	476 000
Financial Balance	−1 148 000	−765 000	−629 000	−476 000
Earnings Before Tax	−1 180 000	7 045 000	−829 000	−517 000
Tax	−260 000	1 175 000	0	0
Net Income	−920 000	5 870 000	−829 000	−517 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	100 000	130 000	52 000	0
Total Current Assets	27 494 000	17 296 000	23 509 000	13 269 000
Total Assets	27 593 000	17 426 000	23 561 000	13 269 000
Total Retained Equity	0	2 543 000	−3 327 000	−2 498 000
Total Equity	172 000	4 204 000	−1 666 000	−837 000
Total Long-Term Debt	20 823 000	9 977 000	20 867 000	12 283 000
Total Current Debt	6 599 000	3 246 000	4 360 000	1 823 000
Total Equity and Debt	27 593 000	17 426 000	23 561 000	13 269 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	32 719 000	0	22 000
Other Income	263 000	2 000	0	0
Revenue	263 000	32 721 000	0	22 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	4 000	12 000	7 000	0
Impairment	0	0	0	0
Expenditure	295 000	717 000	201 000	63 000
Operating Profit	−32 000	7 809 000	−200 000	−42 000
Financial Income	0	0	0	0
Financial Costs	1 148 000	765 000	629 000	476 000
Financial Balance	−1 148 000	−765 000	−629 000	−476 000
Dividends	3 112 000	0	0	0
Net Income	−920 000	5 870 000	−829 000	−517 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	50 000	50 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	10 000	40 000	52 000	0
Total Tangible Assets	60 000	90 000	52 000	0
Total Fiancial Fixed Assets	40 000	40 000	0	0
Total Fixed Assets	100 000	130 000	52 000	0
Stock	25 704 000	12 526 000	22 704 000	12 331 000
Total Investments	0	0	0	0
Cash, Bank	1 789 000	4 770 000	805 000	938 000
Total Current Assets	27 494 000	17 296 000	23 509 000	13 269 000
Total Assets	27 593 000	17 426 000	23 561 000	13 269 000
Total Equity	172 000	4 204 000	−1 666 000	−837 000
Short-Term Group Debt	2 793 000	0	0	0
Total Long-Term Debt	20 823 000	9 977 000	20 867 000	12 283 000
Creditors	693 000	452 000	1 266 000	700 000
Unpaid Taxes	0	0	0	0
Dividends	3 112 000	0	0	0
Other Current Debt	0	2 793 000	3 093 000	1 123 000
Total Current Debt	6 599 000	3 246 000	4 360 000	1 823 000
Total Equity and Debt	27 593 000	17 426 000	23 561 000	13 269 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−534,88 %	139,63 %	49,76 %	61,77 %
Debt-to-Equity Ratio	121,06	2,37	−12,53	−14,68
Operating Profit Margin	−12,17 %	23,87 %	-	−190,91 %
Current Ratio	4,17	5,33	5,39	7,28
Quick Ratio	−1,44	−1,86	−1,28	−1,26
Equity Ratio	0,01	0,24	−0,07	−0,06
Gross Profit Margin	100 %	100 %	-	100 %