VESTLAND BYGGTJENESTER AS

5108 HORDVIK

Finances

Return on Equity

191,89 %

Current Ratio

0,62

Debt-to-Equity Ratio

−0,42

Key figures (NOK)	2021	2020	2019	2018
Revenue	49 771 000	66 962 000	38 857 000	29 500 000
Net Income	−11 398 000	1 423 000	−813 000	726 000
Total Assets	7 781 000	22 888 000	12 886 000	13 427 000
Total Equity	−5 940 000	5 458 000	4 035 000	4 849 000

Income (NOK)	2021	2020	2019	2018
Revenue	49 771 000	66 962 000	38 857 000	29 500 000
Expenditure	60 569 000	65 122 000	39 851 000	28 526 000
Operating Profit	−10 799 000	1 840 000	−993 000	973 000
Financial Income	4 000	3 000	3 000	4 000
Financial Costs	3 000	8 000	7 000	4 000
Financial Balance	1 000	−5 000	−4 000	0
Earnings Before Tax	−10 797 000	1 835 000	−997 000	974 000
Tax	601 000	412 000	−183 000	248 000
Net Income	−11 398 000	1 423 000	−813 000	726 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	798 000	1 212 000	1 372 000	1 113 000
Total Current Assets	6 982 000	21 677 000	11 514 000	12 314 000
Total Assets	7 781 000	22 888 000	12 886 000	13 427 000
Total Retained Equity	−6 040 000	5 358 000	3 935 000	4 749 000
Total Equity	−5 940 000	5 458 000	4 035 000	4 849 000
Total Long-Term Debt	2 517 000	2 606 000	2 584 000	3 000 000
Total Current Debt	11 204 000	14 825 000	6 267 000	5 579 000
Total Equity and Debt	7 781 000	22 888 000	12 886 000	13 427 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	49 771 000	66 920 000	38 857 000	29 500 000
Other Income	0	42 000	0	0
Revenue	49 771 000	66 962 000	38 857 000	29 500 000
Cost of Goods Sold	39 270 000	55 270 000	29 250 000	21 311 000
Salary Costs	6 339 000	7 786 000	6 349 000	6 688 000
Depreciation	99 000	110 000	130 000	177 000
Impairment	0	0	0	0
Expenditure	60 569 000	65 122 000	39 851 000	28 526 000
Operating Profit	−10 799 000	1 840 000	−993 000	973 000
Financial Income	4 000	3 000	3 000	4 000
Financial Costs	3 000	8 000	7 000	4 000
Financial Balance	1 000	−5 000	−4 000	0
Dividends	0	0	0	0
Net Income	−11 398 000	1 423 000	−813 000	726 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	254 000	506 000	305 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	393 000	440 000	679 000	808 000
Total Tangible Assets	393 000	440 000	679 000	808 000
Total Fiancial Fixed Assets	405 000	518 000	187 000	0
Total Fixed Assets	798 000	1 212 000	1 372 000	1 113 000
Stock	300 000	1 058 000	0	0
Total Investments	0	0	0	0
Cash, Bank	1 719 000	312 000	3 533 000	1 351 000
Total Current Assets	6 982 000	21 677 000	11 514 000	12 314 000
Total Assets	7 781 000	22 888 000	12 886 000	13 427 000
Total Equity	−5 940 000	5 458 000	4 035 000	4 849 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 517 000	2 606 000	2 584 000	3 000 000
Creditors	8 240 000	11 020 000	2 202 000	1 804 000
Unpaid Taxes	673 000	2 411 000	2 161 000	1 634 000
Dividends	0	0	0	0
Other Current Debt	1 945 000	1 234 000	1 886 000	2 140 000
Total Current Debt	11 204 000	14 825 000	6 267 000	5 579 000
Total Equity and Debt	7 781 000	22 888 000	12 886 000	13 427 000

Financial indicators	2021	2020	2019	2018
Return on Equity	191,89 %	26,07 %	−20,15 %	14,97 %
Debt-to-Equity Ratio	−0,42	0,48	0,64	0,62
Operating Profit Margin	−21,7 %	2,75 %	−2,56 %	3,3 %
Current Ratio	0,62	1,46	1,84	2,21
Quick Ratio	0,64	1,57	1,84	2,21
Equity Ratio	−0,76	0,24	0,31	0,36
Gross Profit Margin	21,1 %	17,46 %	24,72 %	27,76 %