VEST VVS AS

5913 EIKANGERVÅG

Finances

Return on Equity

−11,93 %

Current Ratio

1,84

Debt-to-Equity Ratio

0,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 738 000	13 358 000	10 513 000	5 949 000
Net Income	−262 000	1 214 000	532 000	469 000
Total Assets	6 238 000	5 830 000	4 327 000	3 006 000
Total Equity	2 197 000	2 459 000	1 245 000	713 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 738 000	13 358 000	10 513 000	5 949 000
Expenditure	15 228 000	12 025 000	9 831 000	5 351 000
Operating Profit	−375 000	1 512 000	682 000	599 000
Financial Income	24 000	6 000	7 000	0
Financial Costs	19 000	1 000	6 000	0
Financial Balance	5 000	5 000	1 000	0
Earnings Before Tax	−370 000	1 518 000	683 000	599 000
Tax	−108 000	305 000	151 000	131 000
Net Income	−262 000	1 214 000	532 000	469 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	979 000	448 000	436 000	378 000
Total Current Assets	5 259 000	5 381 000	3 891 000	2 628 000
Total Assets	6 238 000	5 830 000	4 327 000	3 006 000
Total Retained Equity	1 952 000	2 214 000	1 001 000	469 000
Total Equity	2 197 000	2 459 000	1 245 000	713 000
Total Long-Term Debt	1 187 000	945 000	1 234 000	8 000
Total Current Debt	2 854 000	2 426 000	1 848 000	2 285 000
Total Equity and Debt	6 238 000	5 830 000	4 327 000	3 006 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 736 000	13 353 000	10 513 000	5 934 000
Other Income	3 000	6 000	0	15 000
Revenue	14 738 000	13 358 000	10 513 000	5 949 000
Cost of Goods Sold	8 658 000	6 645 000	5 192 000	2 788 000
Salary Costs	4 778 000	3 791 000	3 004 000	1 646 000
Depreciation	68 000	8 000	45 000	28 000
Impairment	0	0	0	0
Expenditure	15 228 000	12 025 000	9 831 000	5 351 000
Operating Profit	−375 000	1 512 000	682 000	599 000
Financial Income	24 000	6 000	7 000	0
Financial Costs	19 000	1 000	6 000	0
Financial Balance	5 000	5 000	1 000	0
Dividends	0	0	0	0
Net Income	−262 000	1 214 000	532 000	469 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	119 000	11 000	0	0
Real Eastate	29 000	30 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	599 000	130 000	169 000	213 000
Total Tangible Assets	628 000	160 000	169 000	213 000
Total Fiancial Fixed Assets	232 000	277 000	267 000	165 000
Total Fixed Assets	979 000	448 000	436 000	378 000
Stock	737 000	623 000	443 000	447 000
Total Investments	0	0	0	0
Cash, Bank	1 749 000	1 940 000	875 000	811 000
Total Current Assets	5 259 000	5 381 000	3 891 000	2 628 000
Total Assets	6 238 000	5 830 000	4 327 000	3 006 000
Total Equity	2 197 000	2 459 000	1 245 000	713 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 187 000	945 000	1 234 000	8 000
Creditors	1 406 000	723 000	812 000	307 000
Unpaid Taxes	1 015 000	993 000	621 000	655 000
Dividends	0	0	0	0
Other Current Debt	433 000	381 000	270 000	1 201 000
Total Current Debt	2 854 000	2 426 000	1 848 000	2 285 000
Total Equity and Debt	6 238 000	5 830 000	4 327 000	3 006 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,93 %	49,37 %	42,73 %	65,78 %
Debt-to-Equity Ratio	0,54	0,38	0,99	0,01
Operating Profit Margin	−2,54 %	11,32 %	6,49 %	10,07 %
Current Ratio	1,84	2,22	2,11	1,15
Quick Ratio	2,48	2,98	2,77	1,43
Equity Ratio	0,35	0,42	0,29	0,24
Gross Profit Margin	41,25 %	50,25 %	50,61 %	53,13 %