VEST TRANSPORT & VEDLIKEHOLD AS

5251 SØREIDGREND

Finances

Return on Equity

9,09 %

Current Ratio

0,3

Debt-to-Equity Ratio

−0,65

Key figures (NOK)	2021	2020	2019	2018
Revenue	2 488 000	4 131 000	5 781 000	4 822 000
Net Income	−92 000	−67 000	−204 000	−220 000
Total Assets	376 000	573 000	1 875 000	2 651 000
Total Equity	−1 012 000	−920 000	−853 000	−649 000

Income (NOK)	2021	2020	2019	2018
Revenue	2 488 000	4 131 000	5 781 000	4 822 000
Expenditure	2 548 000	4 126 000	5 870 000	4 929 000
Operating Profit	−60 000	5 000	−88 000	−107 000
Financial Income	0	3 000	1 000	1 000
Financial Costs	32 000	76 000	117 000	113 000
Financial Balance	−32 000	−73 000	−116 000	−112 000
Earnings Before Tax	−92 000	−67 000	−204 000	−220 000
Tax	0	0	0	0
Net Income	−92 000	−67 000	−204 000	−220 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	155 000	257 000	1 208 000	1 805 000
Total Current Assets	221 000	317 000	667 000	846 000
Total Assets	376 000	573 000	1 875 000	2 651 000
Total Retained Equity	−1 042 000	−950 000	−883 000	−679 000
Total Equity	−1 012 000	−920 000	−853 000	−649 000
Total Long-Term Debt	662 000	802 000	1 802 000	2 369 000
Total Current Debt	726 000	692 000	926 000	931 000
Total Equity and Debt	376 000	573 000	1 875 000	2 651 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	2 324 000	3 722 000	5 730 000	4 816 000
Other Income	163 000	409 000	51 000	6 000
Revenue	2 488 000	4 131 000	5 781 000	4 822 000
Cost of Goods Sold	696 000	1 011 000	1 927 000	1 694 000
Salary Costs	947 000	1 380 000	2 078 000	1 542 000
Depreciation	132 000	323 000	501 000	487 000
Impairment	0	0	0	0
Expenditure	2 548 000	4 126 000	5 870 000	4 929 000
Operating Profit	−60 000	5 000	−88 000	−107 000
Financial Income	0	3 000	1 000	1 000
Financial Costs	32 000	76 000	117 000	113 000
Financial Balance	−32 000	−73 000	−116 000	−112 000
Dividends	0	0	0	0
Net Income	−92 000	−67 000	−204 000	−220 000

Balance details (NOK)	2021	2020	2019	2018
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	125 000	257 000	1 208 000	1 805 000
Total Tangible Assets	125 000	257 000	1 208 000	1 805 000
Total Fiancial Fixed Assets	30 000	0	0	0
Total Fixed Assets	155 000	257 000	1 208 000	1 805 000
Stock	0	60 000	115 000	239 000
Total Investments	0	0	0	0
Cash, Bank	105 000	104 000	113 000	97 000
Total Current Assets	221 000	317 000	667 000	846 000
Total Assets	376 000	573 000	1 875 000	2 651 000
Total Equity	−1 012 000	−920 000	−853 000	−649 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	662 000	802 000	1 802 000	2 369 000
Creditors	413 000	282 000	230 000	441 000
Unpaid Taxes	173 000	103 000	338 000	276 000
Dividends	0	0	0	0
Other Current Debt	140 000	307 000	358 000	213 000
Total Current Debt	726 000	692 000	926 000	931 000
Total Equity and Debt	376 000	573 000	1 875 000	2 651 000

Financial indicators	2021	2020	2019	2018
Return on Equity	9,09 %	7,28 %	23,92 %	33,9 %
Debt-to-Equity Ratio	−0,65	−0,87	−2,11	−3,65
Operating Profit Margin	−2,41 %	0,12 %	−1,52 %	−2,22 %
Current Ratio	0,3	0,46	0,72	0,91
Quick Ratio	0,3	0,5	0,82	1,22
Equity Ratio	−2,69	−1,61	−0,45	−0,24
Gross Profit Margin	72,03 %	75,53 %	66,67 %	64,87 %