VESTERÅLSBETONG AS

8416 SORTLAND

Finances

Return on Equity

69,61 %

Current Ratio

1,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	49 664 000	29 759 000	31 947 000	42 850 000
Net Income	7 183 000	1 557 000	2 051 000	3 957 000
Total Assets	27 383 000	14 487 000	12 631 000	17 340 000
Total Equity	10 319 000	10 319 000	8 761 000	10 710 000

Income (NOK)	2022	2021	2020	2019
Revenue	49 664 000	29 759 000	31 947 000	42 850 000
Expenditure	40 420 000	27 724 000	29 229 000	37 716 000
Operating Profit	9 244 000	2 035 000	2 719 000	5 133 000
Financial Income	2 000	1 000	5 000	9 000
Financial Costs	29 000	36 000	91 000	65 000
Financial Balance	−27 000	−35 000	−86 000	−56 000
Earnings Before Tax	9 217 000	2 000 000	2 633 000	5 077 000
Tax	2 034 000	443 000	581 000	1 120 000
Net Income	7 183 000	1 557 000	2 051 000	3 957 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 673 000	2 762 000	3 011 000	3 437 000
Total Current Assets	24 711 000	11 725 000	9 620 000	13 903 000
Total Assets	27 383 000	14 487 000	12 631 000	17 340 000
Total Retained Equity	9 258 000	9 258 000	7 701 000	9 649 000
Total Equity	10 319 000	10 319 000	8 761 000	10 710 000
Total Long-Term Debt	0	0	359 000	1 018 000
Total Current Debt	17 065 000	4 168 000	3 510 000	5 612 000
Total Equity and Debt	27 383 000	14 487 000	12 631 000	17 340 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	49 614 000	29 183 000	31 262 000	42 835 000
Other Income	50 000	576 000	686 000	14 000
Revenue	49 664 000	29 759 000	31 947 000	42 850 000
Cost of Goods Sold	19 033 000	10 276 000	11 560 000	16 803 000
Salary Costs	9 812 000	7 810 000	7 561 000	9 356 000
Depreciation	273 000	603 000	760 000	814 000
Impairment	0	0	0	0
Expenditure	40 420 000	27 724 000	29 229 000	37 716 000
Operating Profit	9 244 000	2 035 000	2 719 000	5 133 000
Financial Income	2 000	1 000	5 000	9 000
Financial Costs	29 000	36 000	91 000	65 000
Financial Balance	−27 000	−35 000	−86 000	−56 000
Dividends	0	0	0	0
Net Income	7 183 000	1 557 000	2 051 000	3 957 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	101 000	132 000	75 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	2 183 000	2 347 000	2 676 000	3 375 000
Fixtures	376 000	270 000	247 000	50 000
Total Tangible Assets	2 559 000	2 617 000	2 923 000	3 424 000
Total Fiancial Fixed Assets	13 000	13 000	13 000	13 000
Total Fixed Assets	2 673 000	2 762 000	3 011 000	3 437 000
Stock	1 426 000	1 095 000	1 105 000	1 140 000
Total Investments	0	0	0	0
Cash, Bank	15 890 000	6 984 000	5 733 000	6 898 000
Total Current Assets	24 711 000	11 725 000	9 620 000	13 903 000
Total Assets	27 383 000	14 487 000	12 631 000	17 340 000
Total Equity	10 319 000	10 319 000	8 761 000	10 710 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	359 000	1 018 000
Creditors	4 341 000	1 555 000	1 210 000	2 055 000
Unpaid Taxes	2 352 000	1 319 000	860 000	1 384 000
Dividends	0	0	0	0
Other Current Debt	8 367 000	796 000	720 000	918 000
Total Current Debt	17 065 000	4 168 000	3 510 000	5 612 000
Total Equity and Debt	27 383 000	14 487 000	12 631 000	17 340 000

Financial indicators	2022	2021	2020	2019
Return on Equity	69,61 %	15,09 %	23,41 %	36,95 %
Debt-to-Equity Ratio	0	0	0,04	0,1
Operating Profit Margin	18,61 %	6,84 %	8,51 %	11,98 %
Current Ratio	1,45	2,81	2,74	2,48
Quick Ratio	1,58	3,82	4	3,11
Equity Ratio	0,38	0,71	0,69	0,62
Gross Profit Margin	61,68 %	65,47 %	63,82 %	60,79 %