VESTFOLDGRUPPEN AS

3261 LARVIK

Finances

Return on Equity

55,69 %

Current Ratio

2,36

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	949 000	474 000	142 000	115 000
Net Income	857 000	649 000	634 000	343 000
Total Assets	2 396 000	1 476 000	2 268 000	1 259 000
Total Equity	1 539 000	682 000	1 783 000	1 149 000

Income (NOK)	2022	2021	2020	2019
Revenue	949 000	474 000	142 000	115 000
Expenditure	120 000	37 000	78 000	75 000
Operating Profit	830 000	437 000	64 000	39 000
Financial Income	270 000	550 000	750 000	400 000
Financial Costs	0	0	0	0
Financial Balance	270 000	550 000	750 000	400 000
Earnings Before Tax	1 099 000	987 000	813 000	440 000
Tax	242 000	338 000	179 000	97 000
Net Income	857 000	649 000	634 000	343 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	370 000	323 000	336 000	166 000
Total Current Assets	2 026 000	1 154 000	1 932 000	1 094 000
Total Assets	2 396 000	1 476 000	2 268 000	1 259 000
Total Retained Equity	1 515 000	657 000	1 759 000	1 124 000
Total Equity	1 539 000	682 000	1 783 000	1 149 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	857 000	795 000	485 000	111 000
Total Equity and Debt	2 396 000	1 476 000	2 268 000	1 259 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	949 000	474 000	82 000	115 000
Other Income	0	0	60 000	0
Revenue	949 000	474 000	142 000	115 000
Cost of Goods Sold	31 000	0	1 000	0
Salary Costs	0	0	0	0
Depreciation	23 000	13 000	32 000	66 000
Impairment	0	0	0	0
Expenditure	120 000	37 000	78 000	75 000
Operating Profit	830 000	437 000	64 000	39 000
Financial Income	270 000	550 000	750 000	400 000
Financial Costs	0	0	0	0
Financial Balance	270 000	550 000	750 000	400 000
Dividends	0	1 750 000	0	0
Net Income	857 000	649 000	634 000	343 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 000	10 000	10 000	8 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	56 000	0	0	0
Fixtures	11 000	18 000	31 000	63 000
Total Tangible Assets	66 000	18 000	31 000	63 000
Total Fiancial Fixed Assets	295 000	295 000	295 000	95 000
Total Fixed Assets	370 000	323 000	336 000	166 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 351 000	604 000	1 182 000	567 000
Total Current Assets	2 026 000	1 154 000	1 932 000	1 094 000
Total Assets	2 396 000	1 476 000	2 268 000	1 259 000
Total Equity	1 539 000	682 000	1 783 000	1 149 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	14 000	4 000	10 000	4 000
Unpaid Taxes	210 000	117 000	10 000	1 000
Dividends	0	1 750 000	0	0
Other Current Debt	392 000	337 000	284 000	0
Total Current Debt	857 000	795 000	485 000	111 000
Total Equity and Debt	2 396 000	1 476 000	2 268 000	1 259 000

Financial indicators	2022	2021	2020	2019
Return on Equity	55,69 %	95,16 %	35,56 %	29,85 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	87,46 %	92,19 %	45,07 %	33,91 %
Current Ratio	2,36	1,45	3,98	9,86
Quick Ratio	2,36	1,45	3,98	9,86
Equity Ratio	0,64	0,46	0,79	0,91
Gross Profit Margin	96,73 %	100 %	99,3 %	100 %