VESTEC AS

4353 KLEPP STASJON

Finances

Share Ownership

Return on Equity

4,99 %

Current Ratio

1,52

Debt-to-Equity Ratio

1,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	37 988 000	37 231 000	32 367 000	28 758 000
Net Income	445 000	989 000	924 000	914 000
Total Assets	36 588 000	33 043 000	34 782 000	33 918 000
Total Equity	8 914 000	9 569 000	8 580 000	7 656 000

Income (NOK)	2022	2021	2020	2019
Revenue	37 988 000	37 231 000	32 367 000	28 758 000
Expenditure	36 722 000	35 137 000	30 577 000	26 905 000
Operating Profit	1 266 000	2 094 000	1 789 000	1 854 000
Financial Income	337 000	338 000	284 000	40 000
Financial Costs	1 028 000	1 157 000	888 000	721 000
Financial Balance	−691 000	−819 000	−604 000	−681 000
Earnings Before Tax	574 000	1 275 000	1 185 000	1 173 000
Tax	129 000	286 000	261 000	259 000
Net Income	445 000	989 000	924 000	914 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 750 000	18 480 000	18 793 000	18 983 000
Total Current Assets	18 838 000	14 562 000	15 989 000	14 935 000
Total Assets	36 588 000	33 043 000	34 782 000	33 918 000
Total Retained Equity	8 413 000	9 068 000	8 079 000	7 155 000
Total Equity	8 914 000	9 569 000	8 580 000	7 656 000
Total Long-Term Debt	15 313 000	16 164 000	17 925 000	18 768 000
Total Current Debt	12 360 000	7 309 000	8 277 000	7 494 000
Total Equity and Debt	36 588 000	33 043 000	34 782 000	33 918 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	37 988 000	37 231 000	32 367 000	28 758 000
Other Income	0	0	0	0
Revenue	37 988 000	37 231 000	32 367 000	28 758 000
Cost of Goods Sold	20 207 000	21 751 000	18 889 000	15 430 000
Salary Costs	11 120 000	9 248 000	8 145 000	7 957 000
Depreciation	752 000	701 000	620 000	532 000
Impairment	0	0	0	0
Expenditure	36 722 000	35 137 000	30 577 000	26 905 000
Operating Profit	1 266 000	2 094 000	1 789 000	1 854 000
Financial Income	337 000	338 000	284 000	40 000
Financial Costs	1 028 000	1 157 000	888 000	721 000
Financial Balance	−691 000	−819 000	−604 000	−681 000
Dividends	300 000	0	0	0
Net Income	445 000	989 000	924 000	914 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	80 000	243 000	330 000	28 000
Real Eastate	17 358 000	17 806 000	18 255 000	18 704 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	312 000	431 000	207 000	233 000
Total Tangible Assets	17 670 000	18 237 000	18 463 000	18 938 000
Total Fiancial Fixed Assets	0	0	0	17 000
Total Fixed Assets	17 750 000	18 480 000	18 793 000	18 983 000
Stock	6 065 000	3 903 000	3 535 000	4 288 000
Total Investments	0	0	0	0
Cash, Bank	2 131 000	1 919 000	3 940 000	1 378 000
Total Current Assets	18 838 000	14 562 000	15 989 000	14 935 000
Total Assets	36 588 000	33 043 000	34 782 000	33 918 000
Total Equity	8 914 000	9 569 000	8 580 000	7 656 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 313 000	16 164 000	17 925 000	18 768 000
Creditors	6 761 000	3 048 000	4 542 000	1 743 000
Unpaid Taxes	3 681 000	2 684 000	2 506 000	1 458 000
Dividends	300 000	0	0	0
Other Current Debt	1 444 000	1 134 000	984 000	4 189 000
Total Current Debt	12 360 000	7 309 000	8 277 000	7 494 000
Total Equity and Debt	36 588 000	33 043 000	34 782 000	33 918 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,99 %	10,34 %	10,77 %	11,94 %
Debt-to-Equity Ratio	1,72	1,69	2,09	2,45
Operating Profit Margin	3,33 %	5,62 %	5,53 %	6,45 %
Current Ratio	1,52	1,99	1,93	1,99
Quick Ratio	2,99	4,28	3,37	4,66
Equity Ratio	0,24	0,29	0,25	0,23
Gross Profit Margin	46,81 %	41,58 %	41,64 %	46,35 %