VEST-ELEKTRO AS

5412 STORD

Finances

Return on Equity

122,86 %

Current Ratio

0,81

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	41 838 000	32 902 000	17 611 000	18 671 000
Net Income	−3 687 000	116 000	467 000	651 000
Total Assets	16 623 000	10 191 000	6 211 000	5 449 000
Total Equity	−3 001 000	687 000	571 000	104 000

Income (NOK)	2022	2021	2020	2019
Revenue	41 838 000	32 902 000	17 611 000	18 671 000
Expenditure	45 290 000	32 702 000	17 002 000	17 593 000
Operating Profit	−3 453 000	200 000	609 000	1 079 000
Financial Income	37 000	3 000	12 000	3 000
Financial Costs	88 000	54 000	21 000	246 000
Financial Balance	−51 000	−51 000	−9 000	−243 000
Earnings Before Tax	−3 504 000	149 000	599 000	836 000
Tax	183 000	33 000	132 000	185 000
Net Income	−3 687 000	116 000	467 000	651 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	649 000	952 000	619 000	576 000
Total Current Assets	15 974 000	9 239 000	5 592 000	4 873 000
Total Assets	16 623 000	10 191 000	6 211 000	5 449 000
Total Retained Equity	−4 386 000	−698 000	−814 000	−1 281 000
Total Equity	−3 001 000	687 000	571 000	104 000
Total Long-Term Debt	0	0	0	791 000
Total Current Debt	19 624 000	9 505 000	5 640 000	4 554 000
Total Equity and Debt	16 623 000	10 191 000	6 211 000	5 449 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	41 838 000	32 902 000	17 606 000	18 668 000
Other Income	0	0	5 000	3 000
Revenue	41 838 000	32 902 000	17 611 000	18 671 000
Cost of Goods Sold	26 200 000	16 918 000	7 056 000	6 475 000
Salary Costs	14 169 000	12 975 000	8 042 000	8 906 000
Depreciation	150 000	157 000	99 000	50 000
Impairment	0	0	0	0
Expenditure	45 290 000	32 702 000	17 002 000	17 593 000
Operating Profit	−3 453 000	200 000	609 000	1 079 000
Financial Income	37 000	3 000	12 000	3 000
Financial Costs	88 000	54 000	21 000	246 000
Financial Balance	−51 000	−51 000	−9 000	−243 000
Dividends	0	0	0	0
Net Income	−3 687 000	116 000	467 000	651 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	183 000	217 000	349 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	135 000	169 000	0	0
Fixtures	512 000	598 000	402 000	227 000
Total Tangible Assets	646 000	767 000	402 000	227 000
Total Fiancial Fixed Assets	3 000	3 000	0	0
Total Fixed Assets	649 000	952 000	619 000	576 000
Stock	897 000	1 470 000	1 458 000	1 118 000
Total Investments	0	0	0	0
Cash, Bank	5 231 000	486 000	279 000	800 000
Total Current Assets	15 974 000	9 239 000	5 592 000	4 873 000
Total Assets	16 623 000	10 191 000	6 211 000	5 449 000
Total Equity	−3 001 000	687 000	571 000	104 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	791 000
Creditors	11 982 000	3 687 000	1 534 000	1 328 000
Unpaid Taxes	811 000	1 648 000	902 000	846 000
Dividends	0	0	0	0
Other Current Debt	6 831 000	2 518 000	1 515 000	1 532 000
Total Current Debt	19 624 000	9 505 000	5 640 000	4 554 000
Total Equity and Debt	16 623 000	10 191 000	6 211 000	5 449 000

Financial indicators	2022	2021	2020	2019
Return on Equity	122,86 %	16,89 %	81,79 %	625,96 %
Debt-to-Equity Ratio	−0	0	0	7,61
Operating Profit Margin	−8,25 %	0,61 %	3,46 %	5,78 %
Current Ratio	0,81	0,97	0,99	1,07
Quick Ratio	0,85	1,15	1,34	1,42
Equity Ratio	−0,18	0,07	0,09	0,02
Gross Profit Margin	37,38 %	48,58 %	59,93 %	65,32 %