VEST UTVIKLING AS

5416 STORD

Finances

Return on Equity

2,79 %

Current Ratio

0,92

Debt-to-Equity Ratio

2,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 632 000	3 231 000	2 448 000	2 777 000
Net Income	210 000	367 000	−184 000	−87 000
Total Assets	24 356 000	22 975 000	22 957 000	20 004 000
Total Equity	7 528 000	7 318 000	6 951 000	7 134 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 632 000	3 231 000	2 448 000	2 777 000
Expenditure	2 692 000	2 464 000	2 233 000	2 661 000
Operating Profit	940 000	768 000	214 000	117 000
Financial Income	132 000	91 000	49 000	46 000
Financial Costs	461 000	407 000	500 000	285 000
Financial Balance	−329 000	−316 000	−451 000	−239 000
Earnings Before Tax	611 000	452 000	−237 000	−123 000
Tax	402 000	85 000	−53 000	−36 000
Net Income	210 000	367 000	−184 000	−87 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 502 000	22 743 000	22 851 000	18 193 000
Total Current Assets	853 000	232 000	106 000	1 811 000
Total Assets	24 356 000	22 975 000	22 957 000	20 004 000
Total Retained Equity	7 428 000	7 218 000	6 851 000	7 034 000
Total Equity	7 528 000	7 318 000	6 951 000	7 134 000
Total Long-Term Debt	15 903 000	14 348 000	14 763 000	9 902 000
Total Current Debt	924 000	1 308 000	1 243 000	2 967 000
Total Equity and Debt	24 356 000	22 975 000	22 957 000	20 004 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 699 000	2 455 000	1 805 000	2 294 000
Other Income	932 000	776 000	643 000	482 000
Revenue	3 632 000	3 231 000	2 448 000	2 777 000
Cost of Goods Sold	0	0	0	0
Salary Costs	922 000	411 000	542 000	1 144 000
Depreciation	0	8 000	16 000	20 000
Impairment	0	0	0	0
Expenditure	2 692 000	2 464 000	2 233 000	2 661 000
Operating Profit	940 000	768 000	214 000	117 000
Financial Income	132 000	91 000	49 000	46 000
Financial Costs	461 000	407 000	500 000	285 000
Financial Balance	−329 000	−316 000	−451 000	−239 000
Dividends	0	0	0	0
Net Income	210 000	367 000	−184 000	−87 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	22 330 000	22 330 000	22 431 000	16 997 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	8 000	24 000
Total Tangible Assets	22 330 000	22 330 000	22 438 000	17 020 000
Total Fiancial Fixed Assets	1 172 000	412 000	413 000	1 172 000
Total Fixed Assets	23 502 000	22 743 000	22 851 000	18 193 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	32 000	145 000	106 000	588 000
Total Current Assets	853 000	232 000	106 000	1 811 000
Total Assets	24 356 000	22 975 000	22 957 000	20 004 000
Total Equity	7 528 000	7 318 000	6 951 000	7 134 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 903 000	14 348 000	14 763 000	9 902 000
Creditors	190 000	157 000	268 000	83 000
Unpaid Taxes	201 000	200 000	182 000	152 000
Dividends	0	0	0	0
Other Current Debt	267 000	656 000	593 000	2 561 000
Total Current Debt	924 000	1 308 000	1 243 000	2 967 000
Total Equity and Debt	24 356 000	22 975 000	22 957 000	20 004 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,79 %	5,02 %	−2,65 %	−1,22 %
Debt-to-Equity Ratio	2,11	1,96	2,12	1,39
Operating Profit Margin	25,88 %	23,77 %	8,74 %	4,21 %
Current Ratio	0,92	0,18	0,09	0,61
Quick Ratio	0,92	0,18	0,09	0,61
Equity Ratio	0,31	0,32	0,3	0,36
Gross Profit Margin	100 %	100 %	100 %	100 %