VESTFOLD BUDSERVICE AS

3123 TØNSBERG

Finances

Share Ownership

Return on Equity

41,57 %

Current Ratio

2,27

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 546 000	2 389 000	1 914 000	1 871 000
Net Income	175 000	107 000	−21 000	40 000
Total Assets	762 000	601 000	434 000	315 000
Total Equity	421 000	246 000	139 000	161 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 546 000	2 389 000	1 914 000	1 871 000
Expenditure	2 313 000	2 231 000	1 929 000	1 816 000
Operating Profit	229 000	134 000	−15 000	55 000
Financial Income	0	0	0	0
Financial Costs	4 000	5 000	4 000	4 000
Financial Balance	−4 000	−5 000	−4 000	−4 000
Earnings Before Tax	224 000	129 000	−20 000	51 000
Tax	49 000	22 000	2 000	11 000
Net Income	175 000	107 000	−21 000	40 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	36 000	16 000
Total Current Assets	762 000	601 000	398 000	299 000
Total Assets	762 000	601 000	434 000	315 000
Total Retained Equity	337 000	161 000	55 000	76 000
Total Equity	421 000	246 000	139 000	161 000
Total Long-Term Debt	6 000	8 000	2 000	0
Total Current Debt	335 000	348 000	293 000	154 000
Total Equity and Debt	762 000	601 000	434 000	315 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 546 000	2 333 000	1 884 000	1 871 000
Other Income	0	55 000	30 000	0
Revenue	2 546 000	2 389 000	1 914 000	1 871 000
Cost of Goods Sold	0	0	0	3 000
Salary Costs	1 087 000	1 097 000	1 021 000	791 000
Depreciation	0	0	14 000	10 000
Impairment	0	0	0	0
Expenditure	2 313 000	2 231 000	1 929 000	1 816 000
Operating Profit	229 000	134 000	−15 000	55 000
Financial Income	0	0	0	0
Financial Costs	4 000	5 000	4 000	4 000
Financial Balance	−4 000	−5 000	−4 000	−4 000
Dividends	0	0	0	0
Net Income	175 000	107 000	−21 000	40 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	2 000	2 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	35 000	14 000
Total Tangible Assets	0	0	35 000	14 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	36 000	16 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	373 000	369 000	202 000	142 000
Total Current Assets	762 000	601 000	398 000	299 000
Total Assets	762 000	601 000	434 000	315 000
Total Equity	421 000	246 000	139 000	161 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 000	8 000	2 000	0
Creditors	69 000	75 000	24 000	7 000
Unpaid Taxes	114 000	121 000	170 000	70 000
Dividends	0	0	0	0
Other Current Debt	101 000	137 000	100 000	78 000
Total Current Debt	335 000	348 000	293 000	154 000
Total Equity and Debt	762 000	601 000	434 000	315 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,57 %	43,5 %	−15,11 %	24,84 %
Debt-to-Equity Ratio	0,01	0,03	0,01	0
Operating Profit Margin	8,99 %	5,61 %	−0,78 %	2,94 %
Current Ratio	2,27	1,73	1,36	1,94
Quick Ratio	2,27	1,73	1,36	1,94
Equity Ratio	0,55	0,41	0,32	0,51
Gross Profit Margin	100 %	100 %	100 %	99,84 %