VESTFOLD MARITIM AS

3159 MELSOMVIK

Finances

Share Ownership

Return on Equity

−23,67 %

Current Ratio

1,19

Debt-to-Equity Ratio

0,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	44 981 000	55 106 000	69 498 000	48 652 000
Net Income	−883 000	354 000	926 000	1 433 000
Total Assets	26 642 000	18 811 000	22 446 000	33 745 000
Total Equity	3 730 000	4 613 000	5 012 000	5 457 000

Income (NOK)	2022	2021	2020	2019
Revenue	44 981 000	55 106 000	69 498 000	48 652 000
Expenditure	45 840 000	54 587 000	69 165 000	47 279 000
Operating Profit	−860 000	519 000	333 000	1 373 000
Financial Income	39 000	85 000	777 000	475 000
Financial Costs	304 000	119 000	304 000	139 000
Financial Balance	−265 000	−34 000	473 000	336 000
Earnings Before Tax	−1 125 000	485 000	806 000	1 709 000
Tax	−242 000	131 000	−120 000	276 000
Net Income	−883 000	354 000	926 000	1 433 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 533 000	1 411 000	6 612 000	6 636 000
Total Current Assets	25 109 000	17 400 000	15 834 000	27 109 000
Total Assets	26 642 000	18 811 000	22 446 000	33 745 000
Total Retained Equity	730 000	1 613 000	2 012 000	2 457 000
Total Equity	3 730 000	4 613 000	5 012 000	5 457 000
Total Long-Term Debt	1 792 000	827 000	8 067 000	9 727 000
Total Current Debt	21 120 000	13 370 000	9 367 000	18 561 000
Total Equity and Debt	26 642 000	18 811 000	22 446 000	33 745 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	44 738 000	54 990 000	69 072 000	48 283 000
Other Income	244 000	116 000	426 000	369 000
Revenue	44 981 000	55 106 000	69 498 000	48 652 000
Cost of Goods Sold	32 161 000	39 851 000	56 734 000	35 747 000
Salary Costs	7 537 000	8 662 000	7 458 000	6 320 000
Depreciation	265 000	239 000	190 000	217 000
Impairment	0	0	0	0
Expenditure	45 840 000	54 587 000	69 165 000	47 279 000
Operating Profit	−860 000	519 000	333 000	1 373 000
Financial Income	39 000	85 000	777 000	475 000
Financial Costs	304 000	119 000	304 000	139 000
Financial Balance	−265 000	−34 000	473 000	336 000
Dividends	0	0	0	0
Net Income	−883 000	354 000	926 000	1 433 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	7 000
Total Intangible Assets	430 000	211 000	300 000	210 000
Real Eastate	762 000	854 000	0	0
Machinery and Plant Facilities	4 000	30 000	91 000	159 000
Fixtures	338 000	316 000	191 000	267 000
Total Tangible Assets	1 103 000	1 200 000	282 000	426 000
Total Fiancial Fixed Assets	0	0	6 030 000	6 000 000
Total Fixed Assets	1 533 000	1 411 000	6 612 000	6 636 000
Stock	23 151 000	14 504 000	10 636 000	22 940 000
Total Investments	0	0	0	0
Cash, Bank	222 000	262 000	697 000	224 000
Total Current Assets	25 109 000	17 400 000	15 834 000	27 109 000
Total Assets	26 642 000	18 811 000	22 446 000	33 745 000
Total Equity	3 730 000	4 613 000	5 012 000	5 457 000
Short-Term Group Debt	0	965 000	0	0
Total Long-Term Debt	1 792 000	827 000	8 067 000	9 727 000
Creditors	8 435 000	1 480 000	7 350 000	11 688 000
Unpaid Taxes	1 518 000	684 000	659 000	588 000
Dividends	0	0	0	0
Other Current Debt	2 392 000	3 319 000	1 357 000	3 098 000
Total Current Debt	21 120 000	13 370 000	9 367 000	18 561 000
Total Equity and Debt	26 642 000	18 811 000	22 446 000	33 745 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−23,67 %	7,67 %	18,48 %	26,26 %
Debt-to-Equity Ratio	0,48	0,18	1,61	1,78
Operating Profit Margin	−1,91 %	0,94 %	0,48 %	2,82 %
Current Ratio	1,19	1,3	1,69	1,46
Quick Ratio	−12,36	−15,34	−12,48	−6,19
Equity Ratio	0,14	0,25	0,22	0,16
Gross Profit Margin	28,5 %	27,68 %	18,37 %	26,53 %