VESTLANDSTAK AS

6020 ÅLESUND

Finances

Return on Equity

78,01 %

Current Ratio

1,55

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	39 274 000	35 038 000	31 234 000	31 523 000
Net Income	6 116 000	4 105 000	4 037 000	3 889 000
Total Assets	18 889 000	15 906 000	15 051 000	14 535 000
Total Equity	7 840 000	6 724 000	5 618 000	4 581 000

Income (NOK)	2022	2021	2020	2019
Revenue	39 274 000	35 038 000	31 234 000	31 523 000
Expenditure	31 420 000	29 766 000	26 033 000	26 528 000
Operating Profit	7 855 000	5 273 000	5 201 000	4 995 000
Financial Income	0	8 000	2 000	4 000
Financial Costs	13 000	10 000	9 000	10 000
Financial Balance	−13 000	−2 000	−7 000	−6 000
Earnings Before Tax	7 842 000	5 270 000	5 194 000	4 989 000
Tax	1 726 000	1 164 000	1 157 000	1 100 000
Net Income	6 116 000	4 105 000	4 037 000	3 889 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 852 000	1 191 000	618 000	1 198 000
Total Current Assets	17 037 000	14 714 000	14 432 000	13 337 000
Total Assets	18 889 000	15 906 000	15 051 000	14 535 000
Total Retained Equity	7 640 000	6 524 000	5 418 000	4 381 000
Total Equity	7 840 000	6 724 000	5 618 000	4 581 000
Total Long-Term Debt	81 000	32 000	45 000	25 000
Total Current Debt	10 968 000	9 150 000	9 387 000	9 928 000
Total Equity and Debt	18 889 000	15 906 000	15 051 000	14 535 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	38 870 000	34 950 000	31 018 000	31 520 000
Other Income	404 000	88 000	216 000	3 000
Revenue	39 274 000	35 038 000	31 234 000	31 523 000
Cost of Goods Sold	15 910 000	14 572 000	11 352 000	11 475 000
Salary Costs	10 744 000	10 953 000	10 778 000	10 708 000
Depreciation	479 000	424 000	309 000	302 000
Impairment	0	0	0	0
Expenditure	31 420 000	29 766 000	26 033 000	26 528 000
Operating Profit	7 855 000	5 273 000	5 201 000	4 995 000
Financial Income	0	8 000	2 000	4 000
Financial Costs	13 000	10 000	9 000	10 000
Financial Balance	−13 000	−2 000	−7 000	−6 000
Dividends	5 000 000	3 000 000	3 000 000	2 800 000
Net Income	6 116 000	4 105 000	4 037 000	3 889 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	122 000	180 000	200 000	0
Fixtures	1 709 000	991 000	399 000	1 178 000
Total Tangible Assets	1 832 000	1 171 000	598 000	1 178 000
Total Fiancial Fixed Assets	20 000	20 000	20 000	20 000
Total Fixed Assets	1 852 000	1 191 000	618 000	1 198 000
Stock	367 000	431 000	420 000	380 000
Total Investments	0	0	0	0
Cash, Bank	9 606 000	7 868 000	7 140 000	7 531 000
Total Current Assets	17 037 000	14 714 000	14 432 000	13 337 000
Total Assets	18 889 000	15 906 000	15 051 000	14 535 000
Total Equity	7 840 000	6 724 000	5 618 000	4 581 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	81 000	32 000	45 000	25 000
Creditors	1 620 000	2 004 000	1 745 000	1 673 000
Unpaid Taxes	1 646 000	1 822 000	1 537 000	1 852 000
Dividends	5 000 000	3 000 000	3 000 000	2 800 000
Other Current Debt	1 025 000	1 147 000	1 969 000	2 501 000
Total Current Debt	10 968 000	9 150 000	9 387 000	9 928 000
Total Equity and Debt	18 889 000	15 906 000	15 051 000	14 535 000

Financial indicators	2022	2021	2020	2019
Return on Equity	78,01 %	61,05 %	71,86 %	84,89 %
Debt-to-Equity Ratio	0,01	0	0,01	0,01
Operating Profit Margin	20 %	15,05 %	16,65 %	15,85 %
Current Ratio	1,55	1,61	1,54	1,34
Quick Ratio	1,61	1,69	1,61	1,4
Equity Ratio	0,42	0,42	0,37	0,32
Gross Profit Margin	59,49 %	58,41 %	63,65 %	63,6 %