VESTERÅLEN SENTRALVERKSTED AS

8415 SORTLAND

Finances

Share Ownership

Return on Equity

46,48 %

Current Ratio

1,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 034 000	745 000	968 000	919 000
Net Income	33 000	32 000	18 000	123 000
Total Assets	460 000	305 000	215 000	181 000
Total Equity	71 000	37 000	6 000	−12 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 034 000	745 000	968 000	919 000
Expenditure	1 000 000	699 000	943 000	784 000
Operating Profit	35 000	46 000	25 000	134 000
Financial Income	0	0	0	0
Financial Costs	2 000	14 000	7 000	12 000
Financial Balance	−2 000	−14 000	−7 000	−12 000
Earnings Before Tax	33 000	32 000	18 000	123 000
Tax	0	0	0	0
Net Income	33 000	32 000	18 000	123 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	41 000	4 000	9 000	14 000
Total Current Assets	419 000	301 000	206 000	167 000
Total Assets	460 000	305 000	215 000	181 000
Total Retained Equity	−29 000	−63 000	−94 000	−112 000
Total Equity	71 000	37 000	6 000	−12 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	389 000	268 000	209 000	193 000
Total Equity and Debt	460 000	305 000	215 000	181 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 034 000	745 000	907 000	819 000
Other Income	0	0	60 000	100 000
Revenue	1 034 000	745 000	968 000	919 000
Cost of Goods Sold	381 000	160 000	301 000	264 000
Salary Costs	175 000	173 000	123 000	78 000
Depreciation	14 000	5 000	5 000	23 000
Impairment	0	0	0	0
Expenditure	1 000 000	699 000	943 000	784 000
Operating Profit	35 000	46 000	25 000	134 000
Financial Income	0	0	0	0
Financial Costs	2 000	14 000	7 000	12 000
Financial Balance	−2 000	−14 000	−7 000	−12 000
Dividends	0	0	0	0
Net Income	33 000	32 000	18 000	123 000

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	0	0	0	0
Fixtures	41 000	4 000	9 000	14 000
Total Tangible Assets	41 000	4 000	9 000	14 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	41 000	4 000	9 000	14 000
Stock	62 000	40 000	42 000	51 000
Total Investments	0	0	0	0
Cash, Bank	22 000	29 000	17 000	21 000
Total Current Assets	419 000	301 000	206 000	167 000
Total Assets	460 000	305 000	215 000	181 000
Total Equity	71 000	37 000	6 000	−12 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	92 000	88 000	68 000	67 000
Unpaid Taxes	20 000	31 000	37 000	21 000
Dividends	0	0	0	0
Other Current Debt	277 000	149 000	104 000	105 000
Total Current Debt	389 000	268 000	209 000	193 000
Total Equity and Debt	460 000	305 000	215 000	181 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,48 %	86,49 %	300 %	−1 025 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	3,38 %	6,17 %	2,58 %	14,58 %
Current Ratio	1,08	1,12	0,99	0,87
Quick Ratio	1,28	1,32	1,23	1,18
Equity Ratio	0,15	0,12	0,03	−0,07
Gross Profit Margin	63,15 %	78,52 %	68,9 %	71,27 %