VESTBRYGG AS

5063 BERGEN

Finances

Return on Equity

−11,86 %

Current Ratio

4,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 894 000	12 998 000	17 250 000	15 959 000
Net Income	−497 000	884 000	2 160 000	1 627 000
Total Assets	4 823 000	6 896 000	8 674 000	7 680 000
Total Equity	4 190 000	4 863 000	5 279 000	4 920 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 894 000	12 998 000	17 250 000	15 959 000
Expenditure	9 391 000	11 848 000	14 433 000	13 879 000
Operating Profit	−497 000	1 150 000	2 818 000	2 081 000
Financial Income	33 000	36 000	33 000	11 000
Financial Costs	33 000	36 000	80 000	1 000
Financial Balance	0	0	−47 000	10 000
Earnings Before Tax	−497 000	1 149 000	2 771 000	2 090 000
Tax	0	265 000	611 000	463 000
Net Income	−497 000	884 000	2 160 000	1 627 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 088 000	1 988 000	2 070 000	1 988 000
Total Current Assets	2 734 000	4 908 000	6 605 000	5 692 000
Total Assets	4 823 000	6 896 000	8 674 000	7 680 000
Total Retained Equity	3 763 000	4 436 000	4 852 000	4 492 000
Total Equity	4 190 000	4 863 000	5 279 000	4 920 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	632 000	2 033 000	3 395 000	2 760 000
Total Equity and Debt	4 823 000	6 896 000	8 674 000	7 680 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 796 000	12 885 000	17 163 000	15 959 000
Other Income	97 000	113 000	87 000	0
Revenue	8 894 000	12 998 000	17 250 000	15 959 000
Cost of Goods Sold	4 659 000	6 410 000	8 859 000	8 132 000
Salary Costs	2 373 000	2 889 000	3 029 000	3 366 000
Depreciation	0	68 000	76 000	132 000
Impairment	0	0	0	0
Expenditure	9 391 000	11 848 000	14 433 000	13 879 000
Operating Profit	−497 000	1 150 000	2 818 000	2 081 000
Financial Income	33 000	36 000	33 000	11 000
Financial Costs	33 000	36 000	80 000	1 000
Financial Balance	0	0	−47 000	10 000
Dividends	176 000	1 300 000	1 800 000	1 000 000
Net Income	−497 000	884 000	2 160 000	1 627 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	71 000	130 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	10 000	27 000
Total Tangible Assets	0	0	10 000	27 000
Total Fiancial Fixed Assets	2 088 000	1 988 000	1 988 000	1 830 000
Total Fixed Assets	2 088 000	1 988 000	2 070 000	1 988 000
Stock	1 954 000	2 456 000	2 725 000	2 546 000
Total Investments	0	0	0	0
Cash, Bank	736 000	2 365 000	3 501 000	2 868 000
Total Current Assets	2 734 000	4 908 000	6 605 000	5 692 000
Total Assets	4 823 000	6 896 000	8 674 000	7 680 000
Total Equity	4 190 000	4 863 000	5 279 000	4 920 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	78 000	134 000	110 000	463 000
Unpaid Taxes	303 000	453 000	565 000	397 000
Dividends	176 000	1 300 000	1 800 000	1 000 000
Other Current Debt	251 000	294 000	310 000	436 000
Total Current Debt	632 000	2 033 000	3 395 000	2 760 000
Total Equity and Debt	4 823 000	6 896 000	8 674 000	7 680 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,86 %	18,18 %	40,92 %	33,07 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−5,59 %	8,85 %	16,34 %	13,04 %
Current Ratio	4,33	2,41	1,95	2,06
Quick Ratio	−2,07	−11,6	9,86	26,6
Equity Ratio	0,87	0,71	0,61	0,64
Gross Profit Margin	47,62 %	50,68 %	48,64 %	49,04 %