VESTAFJELL AS

5224 NESTTUN

Finances

Return on Equity

1,76 %

Current Ratio

1,2

Debt-to-Equity Ratio

0,87

Key figures (NOK)	2021	2020	2019	2018
Revenue	203 522 000	87 844 000	41 523 000	1 342 000
Net Income	388 000	−9 191 000	7 475 000	−1 282 000
Total Assets	95 653 000	91 758 000	50 518 000	57 109 000
Total Equity	21 985 000	21 597 000	4 782 000	3 434 000

Income (NOK)	2021	2020	2019	2018
Revenue	203 522 000	87 844 000	41 523 000	1 342 000
Expenditure	62 473 000	57 810 000	2 007 000	2 304 000
Operating Profit	2 601 000	−12 519 000	10 663 000	−523 000
Financial Income	180 000	124 000	108 000	1 000
Financial Costs	2 183 000	2 635 000	1 189 000	1 116 000
Financial Balance	−2 003 000	−2 511 000	−1 081 000	−1 115 000
Earnings Before Tax	599 000	−15 029 000	9 583 000	−1 638 000
Tax	211 000	−5 838 000	2 108 000	−357 000
Net Income	388 000	−9 191 000	7 475 000	−1 282 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	30 252 000	24 841 000	6 735 000	8 434 000
Total Current Assets	65 402 000	66 918 000	43 783 000	48 675 000
Total Assets	95 653 000	91 758 000	50 518 000	57 109 000
Total Retained Equity	388 000	0	3 280 000	1 931 000
Total Equity	21 985 000	21 597 000	4 782 000	3 434 000
Total Long-Term Debt	19 200 000	27 323 000	14 035 000	17 500 000
Total Current Debt	54 469 000	42 839 000	31 701 000	36 175 000
Total Equity and Debt	95 653 000	91 758 000	50 518 000	57 109 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	202 789 000	86 842 000	41 203 000	0
Other Income	734 000	1 003 000	320 000	1 342 000
Revenue	203 522 000	87 844 000	41 523 000	1 342 000
Cost of Goods Sold	0	0	0	0
Salary Costs	42 466 000	39 812 000	1 476 000	1 700 000
Depreciation	4 297 000	4 632 000	18 000	18 000
Impairment	0	0	0	0
Expenditure	62 473 000	57 810 000	2 007 000	2 304 000
Operating Profit	2 601 000	−12 519 000	10 663 000	−523 000
Financial Income	180 000	124 000	108 000	1 000
Financial Costs	2 183 000	2 635 000	1 189 000	1 116 000
Financial Balance	−2 003 000	−2 511 000	−1 081 000	−1 115 000
Dividends	0	0	0	0
Net Income	388 000	−9 191 000	7 475 000	−1 282 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	5 691 000	5 903 000	64 000	444 000
Real Eastate	2 811 000	2 810 000	543 000	4 672 000
Machinery and Plant Facilities	13 239 000	11 460 000	0	0
Fixtures	536 000	415 000	20 000	38 000
Total Tangible Assets	16 585 000	14 686 000	563 000	4 710 000
Total Fiancial Fixed Assets	7 975 000	4 252 000	6 108 000	3 280 000
Total Fixed Assets	30 252 000	24 841 000	6 735 000	8 434 000
Stock	32 072 000	45 544 000	42 184 000	48 297 000
Total Investments	0	0	0	0
Cash, Bank	11 014 000	5 935 000	1 097 000	374 000
Total Current Assets	65 402 000	66 918 000	43 783 000	48 675 000
Total Assets	95 653 000	91 758 000	50 518 000	57 109 000
Total Equity	21 985 000	21 597 000	4 782 000	3 434 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	19 200 000	27 323 000	14 035 000	17 500 000
Creditors	18 859 000	15 473 000	636 000	665 000
Unpaid Taxes	12 026 000	12 019 000	75 000	239 000
Dividends	0	0	0	0
Other Current Debt	7 217 000	7 503 000	30 991 000	35 272 000
Total Current Debt	54 469 000	42 839 000	31 701 000	36 175 000
Total Equity and Debt	95 653 000	91 758 000	50 518 000	57 109 000

Financial indicators	2021	2020	2019	2018
Return on Equity	1,76 %	−42,56 %	156,32 %	−37,33 %
Debt-to-Equity Ratio	0,87	1,27	2,93	5,1
Operating Profit Margin	1,28 %	−14,25 %	25,68 %	−38,97 %
Current Ratio	1,2	1,56	1,38	1,35
Quick Ratio	2,92	−24,74	−4,18	−4,02
Equity Ratio	0,23	0,24	0,09	0,06
Gross Profit Margin	100 %	100 %	100 %	100 %