VESTNES BÅTSERVICE AS

6390 VESTNES

Finances

Share Ownership

Return on Equity

43,28 %

Current Ratio

2,13

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 554 000	1 310 000	1 797 000	1 857 000
Net Income	145 000	−100 000	154 000	82 000
Total Assets	566 000	435 000	1 542 000	1 105 000
Total Equity	335 000	189 000	641 000	487 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 554 000	1 310 000	1 797 000	1 857 000
Expenditure	1 366 000	1 436 000	1 570 000	1 729 000
Operating Profit	188 000	−127 000	227 000	128 000
Financial Income	0	0	0	0
Financial Costs	2 000	2 000	30 000	30 000
Financial Balance	−2 000	−2 000	−30 000	−30 000
Earnings Before Tax	186 000	−128 000	197 000	99 000
Tax	41 000	−28 000	43 000	17 000
Net Income	145 000	−100 000	154 000	82 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	80 000	111 000	978 000	792 000
Total Current Assets	486 000	324 000	564 000	313 000
Total Assets	566 000	435 000	1 542 000	1 105 000
Total Retained Equity	246 000	100 000	334 000	181 000
Total Equity	335 000	189 000	641 000	487 000
Total Long-Term Debt	3 000	0	524 000	553 000
Total Current Debt	228 000	246 000	378 000	65 000
Total Equity and Debt	566 000	435 000	1 542 000	1 105 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 504 000	1 303 000	1 796 000	1 856 000
Other Income	50 000	7 000	1 000	1 000
Revenue	1 554 000	1 310 000	1 797 000	1 857 000
Cost of Goods Sold	372 000	315 000	337 000	559 000
Salary Costs	581 000	611 000	749 000	702 000
Depreciation	20 000	20 000	56 000	42 000
Impairment	0	0	0	0
Expenditure	1 366 000	1 436 000	1 570 000	1 729 000
Operating Profit	188 000	−127 000	227 000	128 000
Financial Income	0	0	0	0
Financial Costs	2 000	2 000	30 000	30 000
Financial Balance	−2 000	−2 000	−30 000	−30 000
Dividends	0	0	0	0
Net Income	145 000	−100 000	154 000	82 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	10 000	0	0
Real Eastate	0	0	858 000	682 000
Machinery and Plant Facilities	66 000	85 000	104 000	92 000
Fixtures	4 000	5 000	6 000	7 000
Total Tangible Assets	70 000	90 000	967 000	782 000
Total Fiancial Fixed Assets	11 000	11 000	11 000	11 000
Total Fixed Assets	80 000	111 000	978 000	792 000
Stock	342 000	302 000	310 000	271 000
Total Investments	0	0	0	0
Cash, Bank	122 000	16 000	200 000	21 000
Total Current Assets	486 000	324 000	564 000	313 000
Total Assets	566 000	435 000	1 542 000	1 105 000
Total Equity	335 000	189 000	641 000	487 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000	0	524 000	553 000
Creditors	31 000	15 000	31 000	12 000
Unpaid Taxes	53 000	52 000	125 000	97 000
Dividends	0	0	0	0
Other Current Debt	117 000	179 000	192 000	170 000
Total Current Debt	228 000	246 000	378 000	65 000
Total Equity and Debt	566 000	435 000	1 542 000	1 105 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,28 %	−52,91 %	24,02 %	16,84 %
Debt-to-Equity Ratio	0,01	0	0,82	1,14
Operating Profit Margin	12,1 %	−9,69 %	12,63 %	6,89 %
Current Ratio	2,13	1,32	1,49	4,82
Quick Ratio	−4,26	−5,79	8,29	−1,52
Equity Ratio	0,59	0,43	0,42	0,44
Gross Profit Margin	76,06 %	75,95 %	81,25 %	69,9 %