VESTNORSK MØRTEL AS

5179 GODVIK

Finances

Share Ownership

Return on Equity

−3,72 %

Current Ratio

1,84

Debt-to-Equity Ratio

0,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 971 000	11 685 000	10 818 000	6 593 000
Net Income	−47 000	−187 000	201 000	−939 000
Total Assets	3 885 000	3 085 000	3 071 000	3 124 000
Total Equity	1 263 000	1 264 000	1 305 000	1 104 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 971 000	11 685 000	10 818 000	6 593 000
Expenditure	12 986 000	11 927 000	10 550 000	7 798 000
Operating Profit	−15 000	−242 000	268 000	−1 205 000
Financial Income	19 000	8 000	18 000	13 000
Financial Costs	64 000	6 000	29 000	12 000
Financial Balance	−45 000	2 000	−11 000	1 000
Earnings Before Tax	−60 000	−240 000	257 000	−1 204 000
Tax	−13 000	−53 000	57 000	−265 000
Net Income	−47 000	−187 000	201 000	−939 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	211 000	313 000	342 000	253 000
Total Current Assets	3 674 000	2 773 000	2 729 000	2 871 000
Total Assets	3 885 000	3 085 000	3 071 000	3 124 000
Total Retained Equity	12 000	13 000	201 000	0
Total Equity	1 263 000	1 264 000	1 305 000	1 104 000
Total Long-Term Debt	622 000	0	6 000	5 000
Total Current Debt	2 001 000	1 821 000	1 760 000	2 014 000
Total Equity and Debt	3 885 000	3 085 000	3 071 000	3 124 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 971 000	11 683 000	10 818 000	6 593 000
Other Income	0	2 000	0	0
Revenue	12 971 000	11 685 000	10 818 000	6 593 000
Cost of Goods Sold	7 459 000	6 716 000	6 069 000	3 613 000
Salary Costs	2 334 000	2 134 000	2 028 000	2 079 000
Depreciation	102 000	112 000	84 000	78 000
Impairment	0	0	0	0
Expenditure	12 986 000	11 927 000	10 550 000	7 798 000
Operating Profit	−15 000	−242 000	268 000	−1 205 000
Financial Income	19 000	8 000	18 000	13 000
Financial Costs	64 000	6 000	29 000	12 000
Financial Balance	−45 000	2 000	−11 000	1 000
Dividends	0	0	0	0
Net Income	−47 000	−187 000	201 000	−939 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 000	5 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	154 000	216 000	210 000	81 000
Total Tangible Assets	206 000	308 000	342 000	253 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	211 000	313 000	342 000	253 000
Stock	2 035 000	1 597 000	1 106 000	752 000
Total Investments	0	0	0	0
Cash, Bank	552 000	269 000	820 000	436 000
Total Current Assets	3 674 000	2 773 000	2 729 000	2 871 000
Total Assets	3 885 000	3 085 000	3 071 000	3 124 000
Total Equity	1 263 000	1 264 000	1 305 000	1 104 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	622 000	0	6 000	5 000
Creditors	1 503 000	1 350 000	1 163 000	154 000
Unpaid Taxes	158 000	162 000	296 000	158 000
Dividends	0	0	0	0
Other Current Debt	340 000	309 000	245 000	1 682 000
Total Current Debt	2 001 000	1 821 000	1 760 000	2 014 000
Total Equity and Debt	3 885 000	3 085 000	3 071 000	3 124 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,72 %	−14,79 %	15,4 %	−85,05 %
Debt-to-Equity Ratio	0,49	0	0	0
Operating Profit Margin	−0,12 %	−2,07 %	2,48 %	−18,28 %
Current Ratio	1,84	1,52	1,55	1,43
Quick Ratio	−108,06	12,38	4,17	2,27
Equity Ratio	0,33	0,41	0,42	0,35
Gross Profit Margin	42,49 %	42,52 %	43,9 %	45,2 %