VESTBY MOTE AS

3117 TØNSBERG

Finances

Share Ownership

Return on Equity

54,91 %

Current Ratio

1,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 139 000	4 368 000	3 541 000	3 740 000
Net Income	380 000	628 000	374 000	237 000
Total Assets	1 798 000	1 962 000	1 879 000	1 422 000
Total Equity	692 000	712 000	684 000	910 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 139 000	4 368 000	3 541 000	3 740 000
Expenditure	3 663 000	3 549 000	3 053 000	3 424 000
Operating Profit	476 000	819 000	487 000	316 000
Financial Income	23 000	2 000	0	0
Financial Costs	12 000	15 000	7 000	11 000
Financial Balance	11 000	−13 000	−7 000	−11 000
Earnings Before Tax	487 000	806 000	480 000	304 000
Tax	107 000	177 000	106 000	67 000
Net Income	380 000	628 000	374 000	237 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 000	19 000	27 000	41 000
Total Current Assets	1 773 000	1 943 000	1 852 000	1 381 000
Total Assets	1 798 000	1 962 000	1 879 000	1 422 000
Total Retained Equity	92 000	100 000	72 000	298 000
Total Equity	692 000	712 000	684 000	910 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 105 000	1 250 000	1 195 000	512 000
Total Equity and Debt	1 798 000	1 962 000	1 879 000	1 422 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 139 000	4 337 000	3 498 000	3 740 000
Other Income	0	31 000	43 000	0
Revenue	4 139 000	4 368 000	3 541 000	3 740 000
Cost of Goods Sold	1 886 000	1 925 000	1 600 000	1 791 000
Salary Costs	1 025 000	932 000	785 000	911 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 663 000	3 549 000	3 053 000	3 424 000
Operating Profit	476 000	819 000	487 000	316 000
Financial Income	23 000	2 000	0	0
Financial Costs	12 000	15 000	7 000	11 000
Financial Balance	11 000	−13 000	−7 000	−11 000
Dividends	400 000	600 000	600 000	0
Net Income	380 000	628 000	374 000	237 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	25 000	19 000	27 000	41 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	25 000	19 000	27 000	41 000
Stock	404 000	318 000	314 000	397 000
Total Investments	0	0	0	0
Cash, Bank	1 352 000	1 604 000	1 531 000	908 000
Total Current Assets	1 773 000	1 943 000	1 852 000	1 381 000
Total Assets	1 798 000	1 962 000	1 879 000	1 422 000
Total Equity	692 000	712 000	684 000	910 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	275 000	119 000	257 000	149 000
Unpaid Taxes	152 000	168 000	144 000	164 000
Dividends	400 000	600 000	600 000	0
Other Current Debt	167 000	192 000	103 000	139 000
Total Current Debt	1 105 000	1 250 000	1 195 000	512 000
Total Equity and Debt	1 798 000	1 962 000	1 879 000	1 422 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54,91 %	88,2 %	54,68 %	26,04 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,5 %	18,75 %	13,75 %	8,45 %
Current Ratio	1,6	1,55	1,55	2,7
Quick Ratio	2,53	2,08	2,1	12,01
Equity Ratio	0,38	0,36	0,36	0,64
Gross Profit Margin	54,43 %	55,93 %	54,82 %	52,11 %