VEST-TELEMARK PUKKVERK AS

3848 MORGEDAL

Finances

Share Ownership

Return on Equity

87,25 %

Current Ratio

1,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 691 000	13 113 000	9 607 000	5 601 000
Net Income	2 225 000	2 435 000	−296 000	488 000
Total Assets	10 088 000	11 769 000	8 219 000	11 280 000
Total Equity	2 550 000	325 000	300 000	1 278 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 691 000	13 113 000	9 607 000	5 601 000
Expenditure	10 762 000	11 048 000	9 489 000	4 966 000
Operating Profit	2 928 000	3 269 000	118 000	636 000
Financial Income	1 000	0	1 000	2 000
Financial Costs	77 000	146 000	207 000	13 000
Financial Balance	−76 000	−146 000	−206 000	−11 000
Earnings Before Tax	2 852 000	3 122 000	−87 000	625 000
Tax	628 000	687 000	208 000	137 000
Net Income	2 225 000	2 435 000	−296 000	488 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 364 000	1 079 000	1 098 000	1 088 000
Total Current Assets	8 724 000	10 690 000	7 121 000	10 192 000
Total Assets	10 088 000	11 769 000	8 219 000	11 280 000
Total Retained Equity	2 225 000	0	0	978 000
Total Equity	2 550 000	325 000	300 000	1 278 000
Total Long-Term Debt	0	5 287 000	6 285 000	1 980 000
Total Current Debt	7 538 000	6 157 000	1 634 000	8 023 000
Total Equity and Debt	10 088 000	11 769 000	8 219 000	11 280 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 691 000	13 113 000	9 607 000	5 601 000
Other Income	0	0	0	0
Revenue	13 691 000	13 113 000	9 607 000	5 601 000
Cost of Goods Sold	8 201 000	7 763 000	4 921 000	2 744 000
Salary Costs	25 000	148 000	18 000	557 000
Depreciation	99 000	141 000	82 000	95 000
Impairment	0	0	0	0
Expenditure	10 762 000	11 048 000	9 489 000	4 966 000
Operating Profit	2 928 000	3 269 000	118 000	636 000
Financial Income	1 000	0	1 000	2 000
Financial Costs	77 000	146 000	207 000	13 000
Financial Balance	−76 000	−146 000	−206 000	−11 000
Dividends	0	0	0	0
Net Income	2 225 000	2 435 000	−296 000	488 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	792 000	792 000	857 000	853 000
Real Eastate	11 000	18 000	25 000	32 000
Machinery and Plant Facilities	304 000	28 000	41 000	48 000
Fixtures	39 000	75 000	111 000	147 000
Total Tangible Assets	353 000	121 000	176 000	227 000
Total Fiancial Fixed Assets	219 000	167 000	65 000	9 000
Total Fixed Assets	1 364 000	1 079 000	1 098 000	1 088 000
Stock	5 472 000	5 117 000	3 395 000	6 609 000
Total Investments	0	0	0	0
Cash, Bank	286 000	68 000	2 179 000	2 341 000
Total Current Assets	8 724 000	10 690 000	7 121 000	10 192 000
Total Assets	10 088 000	11 769 000	8 219 000	11 280 000
Total Equity	2 550 000	325 000	300 000	1 278 000
Short-Term Group Debt	4 897 000	4 184 000	0	0
Total Long-Term Debt	0	5 287 000	6 285 000	1 980 000
Creditors	1 760 000	909 000	648 000	1 599 000
Unpaid Taxes	124 000	765 000	7 000	41 000
Dividends	0	0	0	0
Other Current Debt	129 000	299 000	979 000	6 382 000
Total Current Debt	7 538 000	6 157 000	1 634 000	8 023 000
Total Equity and Debt	10 088 000	11 769 000	8 219 000	11 280 000

Financial indicators	2022	2021	2020	2019
Return on Equity	87,25 %	749,23 %	−98,67 %	38,18 %
Debt-to-Equity Ratio	0	16,27	20,95	1,55
Operating Profit Margin	21,39 %	24,93 %	1,23 %	11,36 %
Current Ratio	1,16	1,74	4,36	1,27
Quick Ratio	4,22	10,28	−4,04	7,21
Equity Ratio	0,25	0,03	0,04	0,11
Gross Profit Margin	40,1 %	40,8 %	48,78 %	51,01 %