VESTBO GARANTI LANDÅS AS

5004 BERGEN

Finances

Share Ownership

Return on Equity

121,1 %

Current Ratio

1,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 878 000	9 171 000	11 265 000	10 213 000
Net Income	1 010 000	903 000	1 324 000	1 268 000
Total Assets	4 171 000	3 113 000	3 769 000	3 867 000
Total Equity	834 000	805 000	762 000	700 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 878 000	9 171 000	11 265 000	10 213 000
Expenditure	11 596 000	8 014 000	9 541 000	8 685 000
Operating Profit	1 282 000	1 157 000	1 724 000	1 528 000
Financial Income	14 000	2 000	58 000	98 000
Financial Costs	0	0	83 000	0
Financial Balance	14 000	2 000	−25 000	98 000
Earnings Before Tax	1 296 000	1 159 000	1 699 000	1 626 000
Tax	286 000	256 000	374 000	359 000
Net Income	1 010 000	903 000	1 324 000	1 268 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	65 000	93 000	125 000	162 000
Total Current Assets	4 106 000	3 020 000	3 644 000	3 705 000
Total Assets	4 171 000	3 113 000	3 769 000	3 867 000
Total Retained Equity	334 000	305 000	262 000	200 000
Total Equity	834 000	805 000	762 000	700 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 337 000	2 308 000	3 007 000	3 167 000
Total Equity and Debt	4 171 000	3 113 000	3 769 000	3 867 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 878 000	9 171 000	11 265 000	10 213 000
Other Income	0	0	0	0
Revenue	12 878 000	9 171 000	11 265 000	10 213 000
Cost of Goods Sold	0	0	0	0
Salary Costs	3 960 000	2 844 000	3 792 000	3 159 000
Depreciation	19 000	19 000	19 000	19 000
Impairment	0	0	0	0
Expenditure	11 596 000	8 014 000	9 541 000	8 685 000
Operating Profit	1 282 000	1 157 000	1 724 000	1 528 000
Financial Income	14 000	2 000	58 000	98 000
Financial Costs	0	0	83 000	0
Financial Balance	14 000	2 000	−25 000	98 000
Dividends	0	0	0	0
Net Income	1 010 000	903 000	1 324 000	1 268 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	48 000	57 000	70 000	89 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	17 000	36 000	55 000	73 000
Total Tangible Assets	17 000	36 000	55 000	73 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	65 000	93 000	125 000	162 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	4 106 000	3 020 000	3 644 000	3 705 000
Total Assets	4 171 000	3 113 000	3 769 000	3 867 000
Total Equity	834 000	805 000	762 000	700 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	490 000	253 000	306 000	372 000
Unpaid Taxes	560 000	317 000	175 000	29 000
Dividends	0	0	0	0
Other Current Debt	2 287 000	1 738 000	2 525 000	2 766 000
Total Current Debt	3 337 000	2 308 000	3 007 000	3 167 000
Total Equity and Debt	4 171 000	3 113 000	3 769 000	3 867 000

Financial indicators	2022	2021	2020	2019
Return on Equity	121,1 %	112,17 %	173,75 %	181,14 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,95 %	12,62 %	15,3 %	14,96 %
Current Ratio	1,23	1,31	1,21	1,17
Quick Ratio	1,23	1,31	1,21	1,17
Equity Ratio	0,2	0,26	0,2	0,18
Gross Profit Margin	100 %	100 %	100 %	100 %