VEST DYKKERSERVICE AS

6770 NORDFJORDEID

Finances

Share Ownership

Return on Equity

−2,88 %

Current Ratio

66,46

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	595 000	370 000	244 000	527 000
Net Income	−1 177 000	1 421 000	1 481 000	2 435 000
Total Assets	41 365 000	44 059 000	44 233 000	46 974 000
Total Equity	40 939 000	42 615 000	43 194 000	44 116 000

Income (NOK)	2022	2021	2020	2019
Revenue	595 000	370 000	244 000	527 000
Expenditure	2 153 000	963 000	825 000	817 000
Operating Profit	−1 559 000	−594 000	−581 000	−290 000
Financial Income	5 610 000	2 472 000	2 332 000	3 441 000
Financial Costs	7 035 000	0	11 000	58 000
Financial Balance	−1 425 000	2 472 000	2 321 000	3 383 000
Earnings Before Tax	−2 983 000	1 878 000	1 740 000	3 094 000
Tax	−1 806 000	457 000	259 000	659 000
Net Income	−1 177 000	1 421 000	1 481 000	2 435 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 052 000	9 877 000	9 722 000	11 571 000
Total Current Assets	28 313 000	34 182 000	34 511 000	35 403 000
Total Assets	41 365 000	44 059 000	44 233 000	46 974 000
Total Retained Equity	37 860 000	41 132 000	41 712 000	42 634 000
Total Equity	40 939 000	42 615 000	43 194 000	44 116 000
Total Long-Term Debt	0	1 366 000	907 000	672 000
Total Current Debt	426 000	78 000	132 000	2 186 000
Total Equity and Debt	41 365 000	44 059 000	44 233 000	46 974 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	308 000	113 000	132 000	0
Other Income	287 000	257 000	112 000	527 000
Revenue	595 000	370 000	244 000	527 000
Cost of Goods Sold	242 000	68 000	31 000	0
Salary Costs	519 000	205 000	145 000	86 000
Depreciation	597 000	345 000	290 000	409 000
Impairment	0	0	0	0
Expenditure	2 153 000	963 000	825 000	817 000
Operating Profit	−1 559 000	−594 000	−581 000	−290 000
Financial Income	5 610 000	2 472 000	2 332 000	3 441 000
Financial Costs	7 035 000	0	11 000	58 000
Financial Balance	−1 425 000	2 472 000	2 321 000	3 383 000
Dividends	2 000 000	0	2 403 000	2 000 000
Net Income	−1 177 000	1 421 000	1 481 000	2 435 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	440 000	0	0	0
Real Eastate	10 450 000	9 250 000	9 417 000	11 467 000
Machinery and Plant Facilities	113 000	0	0	0
Fixtures	2 049 000	627 000	194 000	105 000
Total Tangible Assets	12 612 000	9 877 000	9 722 000	11 571 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 052 000	9 877 000	9 722 000	11 571 000
Stock	250 000	0	0	0
Total Investments	25 745 000	32 849 000	32 408 000	32 136 000
Cash, Bank	2 203 000	879 000	1 458 000	2 510 000
Total Current Assets	28 313 000	34 182 000	34 511 000	35 403 000
Total Assets	41 365 000	44 059 000	44 233 000	46 974 000
Total Equity	40 939 000	42 615 000	43 194 000	44 116 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 366 000	907 000	672 000
Creditors	49 000	35 000	64 000	32 000
Unpaid Taxes	57 000	21 000	28 000	4 000
Dividends	2 000 000	0	2 403 000	2 000 000
Other Current Debt	321 000	19 000	13 000	19 000
Total Current Debt	426 000	78 000	132 000	2 186 000
Total Equity and Debt	41 365 000	44 059 000	44 233 000	46 974 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,88 %	3,33 %	3,43 %	5,52 %
Debt-to-Equity Ratio	0	0,03	0,02	0,02
Operating Profit Margin	−262,02 %	−160,54 %	−238,11 %	−55,03 %
Current Ratio	66,46	438,23	261,45	16,2
Quick Ratio	160,87	438,23	261,45	16,2
Equity Ratio	0,99	0,97	0,98	0,94
Gross Profit Margin	59,33 %	81,62 %	87,3 %	100 %