VESTFOLDMØLLENE AS

3158 ANDEBU

Finances

Return on Equity

−2,34 %

Current Ratio

1,07

Debt-to-Equity Ratio

0,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	343 120 000	307 038 000	299 024 000	279 284 000
Net Income	−919 000	−3 160 000	−402 000	−2 590 000
Total Assets	146 265 000	127 220 000	123 694 000	138 644 000
Total Equity	39 290 000	40 209 000	43 369 000	43 771 000

Income (NOK)	2022	2021	2020	2019
Revenue	343 120 000	307 038 000	299 024 000	279 284 000
Expenditure	340 593 000	309 345 000	297 357 000	280 546 000
Operating Profit	2 527 000	−2 307 000	1 667 000	−1 263 000
Financial Income	884 000	817 000	845 000	812 000
Financial Costs	4 432 000	2 561 000	3 027 000	2 887 000
Financial Balance	−3 548 000	−1 744 000	−2 182 000	−2 075 000
Earnings Before Tax	−1 020 000	−4 050 000	−515 000	−3 338 000
Tax	−102 000	−890 000	−113 000	−747 000
Net Income	−919 000	−3 160 000	−402 000	−2 590 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	49 630 000	51 984 000	49 761 000	51 638 000
Total Current Assets	96 635 000	75 236 000	73 933 000	87 007 000
Total Assets	146 265 000	127 220 000	123 694 000	138 644 000
Total Retained Equity	21 638 000	22 556 000	25 716 000	26 118 000
Total Equity	39 290 000	40 209 000	43 369 000	43 771 000
Total Long-Term Debt	17 001 000	23 066 000	24 434 000	13 450 000
Total Current Debt	89 973 000	63 946 000	55 892 000	81 424 000
Total Equity and Debt	146 265 000	127 220 000	123 694 000	138 644 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	343 120 000	307 038 000	299 024 000	279 284 000
Other Income	0	0	0	0
Revenue	343 120 000	307 038 000	299 024 000	279 284 000
Cost of Goods Sold	293 330 000	265 302 000	253 358 000	233 337 000
Salary Costs	20 903 000	22 077 000	21 916 000	22 386 000
Depreciation	4 426 000	4 290 000	4 599 000	4 775 000
Impairment	0	0	0	0
Expenditure	340 593 000	309 345 000	297 357 000	280 546 000
Operating Profit	2 527 000	−2 307 000	1 667 000	−1 263 000
Financial Income	884 000	817 000	845 000	812 000
Financial Costs	4 432 000	2 561 000	3 027 000	2 887 000
Financial Balance	−3 548 000	−1 744 000	−2 182 000	−2 075 000
Dividends	0	0	0	0
Net Income	−919 000	−3 160 000	−402 000	−2 590 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 692 000	2 590 000	1 700 000	1 634 000
Real Eastate	26 165 000	26 789 000	27 494 000	27 689 000
Machinery and Plant Facilities	17 410 000	19 092 000	16 755 000	18 523 000
Fixtures	56 000	206 000	430 000	409 000
Total Tangible Assets	43 631 000	46 087 000	44 678 000	46 621 000
Total Fiancial Fixed Assets	3 307 000	3 307 000	3 383 000	3 383 000
Total Fixed Assets	49 630 000	51 984 000	49 761 000	51 638 000
Stock	60 879 000	40 701 000	41 365 000	54 070 000
Total Investments	0	0	0	0
Cash, Bank	1 165 000	1 201 000	898 000	733 000
Total Current Assets	96 635 000	75 236 000	73 933 000	87 007 000
Total Assets	146 265 000	127 220 000	123 694 000	138 644 000
Total Equity	39 290 000	40 209 000	43 369 000	43 771 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 001 000	23 066 000	24 434 000	13 450 000
Creditors	12 196 000	12 528 000	12 918 000	13 973 000
Unpaid Taxes	5 583 000	4 127 000	5 460 000	3 585 000
Dividends	0	0	0	0
Other Current Debt	2 438 000	2 310 000	2 503 000	2 801 000
Total Current Debt	89 973 000	63 946 000	55 892 000	81 424 000
Total Equity and Debt	146 265 000	127 220 000	123 694 000	138 644 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,34 %	−7,86 %	−0,93 %	−5,92 %
Debt-to-Equity Ratio	0,43	0,57	0,56	0,31
Operating Profit Margin	0,74 %	−0,75 %	0,56 %	−0,45 %
Current Ratio	1,07	1,18	1,32	1,07
Quick Ratio	3,32	3,24	5,09	3,18
Equity Ratio	0,27	0,32	0,35	0,32
Gross Profit Margin	14,51 %	13,59 %	15,27 %	16,45 %