VESTBY STORBILVASK AS

1540 VESTBY

Finances

Share Ownership

Return on Equity

15,03 %

Current Ratio

2,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 722 000	2 397 000	1 796 000	1 488 000
Net Income	220 000	37 000	−640 000	175 000
Total Assets	2 270 000	2 275 000	3 045 000	3 332 000
Total Equity	1 464 000	1 519 000	1 482 000	2 121 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 722 000	2 397 000	1 796 000	1 488 000
Expenditure	2 505 000	2 364 000	2 439 000	2 292 000
Operating Profit	218 000	34 000	−643 000	−804 000
Financial Income	9 000	11 000	9 000	808 000
Financial Costs	7 000	7 000	6 000	5 000
Financial Balance	2 000	4 000	3 000	803 000
Earnings Before Tax	220 000	37 000	−640 000	−1 000
Tax	0	0	0	−176 000
Net Income	220 000	37 000	−640 000	175 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	634 000	789 000	986 000	1 233 000
Total Current Assets	1 636 000	1 485 000	2 059 000	2 099 000
Total Assets	2 270 000	2 275 000	3 045 000	3 332 000
Total Retained Equity	1 434 000	865 000	828 000	1 467 000
Total Equity	1 464 000	1 519 000	1 482 000	2 121 000
Total Long-Term Debt	0	159 000	159 000	159 000
Total Current Debt	806 000	597 000	1 405 000	1 052 000
Total Equity and Debt	2 270 000	2 275 000	3 045 000	3 332 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 722 000	2 359 000	1 796 000	1 618 000
Other Income	0	38 000	0	−130 000
Revenue	2 722 000	2 397 000	1 796 000	1 488 000
Cost of Goods Sold	172 000	121 000	121 000	68 000
Salary Costs	995 000	881 000	1 040 000	998 000
Depreciation	158 000	14 000	26 000	32 000
Impairment	0	118 000	221 000	276 000
Expenditure	2 505 000	2 364 000	2 439 000	2 292 000
Operating Profit	218 000	34 000	−643 000	−804 000
Financial Income	9 000	11 000	9 000	808 000
Financial Costs	7 000	7 000	6 000	5 000
Financial Balance	2 000	4 000	3 000	803 000
Dividends	0	0	0	0
Net Income	220 000	37 000	−640 000	175 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	566 000	707 000	884 000	1 105 000
Total Intangible Assets	566 000	707 000	884 000	1 105 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	66 000	82 000	102 000	128 000
Total Tangible Assets	66 000	82 000	102 000	128 000
Total Fiancial Fixed Assets	3 000	0	0	0
Total Fixed Assets	634 000	789 000	986 000	1 233 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	858 000	513 000	111 000	147 000
Total Current Assets	1 636 000	1 485 000	2 059 000	2 099 000
Total Assets	2 270 000	2 275 000	3 045 000	3 332 000
Total Equity	1 464 000	1 519 000	1 482 000	2 121 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	159 000	159 000	159 000
Creditors	0	−12 000	249 000	231 000
Unpaid Taxes	0	168 000	240 000	106 000
Dividends	0	0	0	0
Other Current Debt	806 000	290 000	765 000	716 000
Total Current Debt	806 000	597 000	1 405 000	1 052 000
Total Equity and Debt	2 270 000	2 275 000	3 045 000	3 332 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,03 %	2,44 %	−43,18 %	8,25 %
Debt-to-Equity Ratio	0	0,1	0,11	0,07
Operating Profit Margin	8,01 %	1,42 %	−35,8 %	−54,03 %
Current Ratio	2,03	2,49	1,47	2
Quick Ratio	2,03	2,49	1,47	2
Equity Ratio	0,64	0,67	0,49	0,64
Gross Profit Margin	93,68 %	94,95 %	93,26 %	95,43 %