HARALD VESTØL AS

1410 KOLBOTN

Finances

Return on Equity

31,69 %

Current Ratio

3,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 327 000	3 413 000	2 941 000	2 770 000
Net Income	1 160 000	1 110 000	980 000	887 000
Total Assets	4 997 000	3 859 000	3 454 000	2 620 000
Total Equity	3 661 000	3 001 000	2 391 000	1 711 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 327 000	3 413 000	2 941 000	2 770 000
Expenditure	1 771 000	1 989 000	1 684 000	1 665 000
Operating Profit	1 556 000	1 425 000	1 257 000	1 106 000
Financial Income	0	0	0	25 000
Financial Costs	52 000	0	1 000	0
Financial Balance	−52 000	0	−1 000	25 000
Earnings Before Tax	1 504 000	1 424 000	1 256 000	1 131 000
Tax	344 000	314 000	276 000	243 000
Net Income	1 160 000	1 110 000	980 000	887 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	195 000	197 000	211 000	186 000
Total Current Assets	4 803 000	3 662 000	3 243 000	2 434 000
Total Assets	4 997 000	3 859 000	3 454 000	2 620 000
Total Retained Equity	3 631 000	2 971 000	2 361 000	1 681 000
Total Equity	3 661 000	3 001 000	2 391 000	1 711 000
Total Long-Term Debt	0	0	1 000	5 000
Total Current Debt	1 336 000	858 000	1 062 000	904 000
Total Equity and Debt	4 997 000	3 859 000	3 454 000	2 620 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 327 000	3 413 000	2 941 000	2 770 000
Other Income	0	0	0	0
Revenue	3 327 000	3 413 000	2 941 000	2 770 000
Cost of Goods Sold	49 000	184 000	29 000	98 000
Salary Costs	1 344 000	1 333 000	1 195 000	1 032 000
Depreciation	25 000	14 000	31 000	11 000
Impairment	0	0	0	0
Expenditure	1 771 000	1 989 000	1 684 000	1 665 000
Operating Profit	1 556 000	1 425 000	1 257 000	1 106 000
Financial Income	0	0	0	25 000
Financial Costs	52 000	0	1 000	0
Financial Balance	−52 000	0	−1 000	25 000
Dividends	500 000	500 000	300 000	250 000
Net Income	1 160 000	1 110 000	980 000	887 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	43 000	45 000	59 000	34 000
Total Tangible Assets	43 000	45 000	59 000	34 000
Total Fiancial Fixed Assets	152 000	152 000	152 000	152 000
Total Fixed Assets	195 000	197 000	211 000	186 000
Stock	0	0	0	0
Total Investments	1 948 000	2 000 000	1 000 000	1 000 000
Cash, Bank	2 006 000	1 188 000	2 003 000	977 000
Total Current Assets	4 803 000	3 662 000	3 243 000	2 434 000
Total Assets	4 997 000	3 859 000	3 454 000	2 620 000
Total Equity	3 661 000	3 001 000	2 391 000	1 711 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 000	5 000
Creditors	6 000	59 000	69 000	51 000
Unpaid Taxes	370 000	367 000	309 000	274 000
Dividends	500 000	500 000	300 000	250 000
Other Current Debt	117 000	117 000	104 000	91 000
Total Current Debt	1 336 000	858 000	1 062 000	904 000
Total Equity and Debt	4 997 000	3 859 000	3 454 000	2 620 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,69 %	36,99 %	40,99 %	51,84 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	46,77 %	41,75 %	42,74 %	39,93 %
Current Ratio	3,6	4,27	3,05	2,69
Quick Ratio	3,6	4,27	3,05	2,69
Equity Ratio	0,73	0,78	0,69	0,65
Gross Profit Margin	98,53 %	94,61 %	99,01 %	96,46 %