VESTFJORDEN ENTREPRENØR AS

1351 RUD

Finances

Share Ownership

Return on Equity

83,69 %

Current Ratio

1,15

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 662 000	13 463 000	11 398 000	15 138 000
Net Income	1 016 000	287 000	−173 000	−1 173 000
Total Assets	5 083 000	3 564 000	3 391 000	4 087 000
Total Equity	1 214 000	198 000	−89 000	84 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 662 000	13 463 000	11 398 000	15 138 000
Expenditure	12 342 000	13 098 000	11 585 000	16 570 000
Operating Profit	1 320 000	365 000	−188 000	−1 433 000
Financial Income	39 000	39 000	37 000	18 000
Financial Costs	56 000	36 000	71 000	88 000
Financial Balance	−17 000	3 000	−34 000	−70 000
Earnings Before Tax	1 302 000	368 000	−222 000	−1 503 000
Tax	287 000	81 000	−49 000	−331 000
Net Income	1 016 000	287 000	−173 000	−1 173 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	722 000	1 127 000	1 121 000	1 598 000
Total Current Assets	4 361 000	2 437 000	2 271 000	2 489 000
Total Assets	5 083 000	3 564 000	3 391 000	4 087 000
Total Retained Equity	1 164 000	148 000	−139 000	34 000
Total Equity	1 214 000	198 000	−89 000	84 000
Total Long-Term Debt	80 000	303 000	563 000	823 000
Total Current Debt	3 790 000	3 063 000	2 917 000	3 180 000
Total Equity and Debt	5 083 000	3 564 000	3 391 000	4 087 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 514 000	13 463 000	11 391 000	15 100 000
Other Income	1 148 000	0	7 000	37 000
Revenue	13 662 000	13 463 000	11 398 000	15 138 000
Cost of Goods Sold	4 251 000	3 821 000	3 074 000	5 909 000
Salary Costs	4 837 000	4 998 000	4 531 000	5 285 000
Depreciation	203 000	269 000	364 000	412 000
Impairment	0	0	0	0
Expenditure	12 342 000	13 098 000	11 585 000	16 570 000
Operating Profit	1 320 000	365 000	−188 000	−1 433 000
Financial Income	39 000	39 000	37 000	18 000
Financial Costs	56 000	36 000	71 000	88 000
Financial Balance	−17 000	3 000	−34 000	−70 000
Dividends	0	0	0	0
Net Income	1 016 000	287 000	−173 000	−1 173 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	290 000	371 000	322 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	348 000	421 000	494 000	780 000
Fixtures	371 000	417 000	256 000	335 000
Total Tangible Assets	719 000	838 000	750 000	1 115 000
Total Fiancial Fixed Assets	0	0	0	161 000
Total Fixed Assets	722 000	1 127 000	1 121 000	1 598 000
Stock	77 000	163 000	93 000	53 000
Total Investments	0	0	0	0
Cash, Bank	1 001 000	209 000	608 000	215 000
Total Current Assets	4 361 000	2 437 000	2 271 000	2 489 000
Total Assets	5 083 000	3 564 000	3 391 000	4 087 000
Total Equity	1 214 000	198 000	−89 000	84 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	80 000	303 000	563 000	823 000
Creditors	883 000	904 000	770 000	980 000
Unpaid Taxes	652 000	656 000	644 000	562 000
Dividends	0	0	0	0
Other Current Debt	2 254 000	1 503 000	1 503 000	1 638 000
Total Current Debt	3 790 000	3 063 000	2 917 000	3 180 000
Total Equity and Debt	5 083 000	3 564 000	3 391 000	4 087 000

Financial indicators	2022	2021	2020	2019
Return on Equity	83,69 %	144,95 %	194,38 %	−1 396,43 %
Debt-to-Equity Ratio	0,07	1,53	−6,33	9,8
Operating Profit Margin	9,66 %	2,71 %	−1,65 %	−9,47 %
Current Ratio	1,15	0,8	0,78	0,78
Quick Ratio	1,17	0,84	0,8	0,8
Equity Ratio	0,24	0,06	−0,03	0,02
Gross Profit Margin	68,88 %	71,62 %	73,03 %	60,97 %