VESTFJORD IMPROVEMENT AS

8340 STAMSUND

Finances

Share Ownership

Return on Equity

−8,92 %

Current Ratio

27,93

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	790 000	0	0	0
Net Income	−257 000	−1 530 000	571 000	202 000
Total Assets	2 989 000	4 643 000	5 006 000	4 107 000
Total Equity	2 882 000	3 139 000	4 669 000	4 098 000

Income (NOK)	2022	2021	2020	2019
Revenue	790 000	0	0	0
Expenditure	195 000	36 000	44 000	40 000
Operating Profit	595 000	−36 000	−44 000	−40 000
Financial Income	4 633 000	4 797 000	1 940 000	391 000
Financial Costs	5 484 000	6 291 000	1 341 000	144 000
Financial Balance	−851 000	−1 494 000	599 000	247 000
Earnings Before Tax	−257 000	−1 530 000	555 000	207 000
Tax	0	0	−16 000	5 000
Net Income	−257 000	−1 530 000	571 000	202 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	2 989 000	4 643 000	5 006 000	4 107 000
Total Assets	2 989 000	4 643 000	5 006 000	4 107 000
Total Retained Equity	2 852 000	3 109 000	4 639 000	4 068 000
Total Equity	2 882 000	3 139 000	4 669 000	4 098 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	107 000	1 504 000	338 000	9 000
Total Equity and Debt	2 989 000	4 643 000	5 006 000	4 107 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	790 000	0	0	0
Other Income	0	0	0	0
Revenue	790 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	3 000	0	0	2 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	195 000	36 000	44 000	40 000
Operating Profit	595 000	−36 000	−44 000	−40 000
Financial Income	4 633 000	4 797 000	1 940 000	391 000
Financial Costs	5 484 000	6 291 000	1 341 000	144 000
Financial Balance	−851 000	−1 494 000	599 000	247 000
Dividends	0	0	0	0
Net Income	−257 000	−1 530 000	571 000	202 000

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	4 607 000	4 959 000	3 944 000
Cash, Bank	2 572 000	29 000	23 000	153 000
Total Current Assets	2 989 000	4 643 000	5 006 000	4 107 000
Total Assets	2 989 000	4 643 000	5 006 000	4 107 000
Total Equity	2 882 000	3 139 000	4 669 000	4 098 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	3 000
Unpaid Taxes	106 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 000	1 000	1 000	1 000
Total Current Debt	107 000	1 504 000	338 000	9 000
Total Equity and Debt	2 989 000	4 643 000	5 006 000	4 107 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,92 %	−48,74 %	12,23 %	4,93 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	75,32 %	-	-	-
Current Ratio	27,93	3,09	14,81	456,33
Quick Ratio	27,93	3,09	14,81	456,33
Equity Ratio	0,96	0,68	0,93	1
Gross Profit Margin	100 %	-	-	-