SERTIFISERING VEST AS

6700 MÅLØY

Finances

Share Ownership

Return on Equity

8,79 %

Current Ratio

2,03

Debt-to-Equity Ratio

0,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 849 000	1 658 000	1 459 000	1 373 000
Net Income	51 000	243 000	38 000	52 000
Total Assets	1 465 000	1 373 000	554 000	462 000
Total Equity	580 000	529 000	286 000	248 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 849 000	1 658 000	1 459 000	1 373 000
Expenditure	1 763 000	1 346 000	1 409 000	1 307 000
Operating Profit	86 000	313 000	50 000	66 000
Financial Income	0	0	1 000	0
Financial Costs	21 000	4 000	0	0
Financial Balance	−21 000	−4 000	1 000	0
Earnings Before Tax	66 000	309 000	50 000	66 000
Tax	14 000	66 000	12 000	14 000
Net Income	51 000	243 000	38 000	52 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	666 000	754 000	41 000	88 000
Total Current Assets	799 000	619 000	513 000	374 000
Total Assets	1 465 000	1 373 000	554 000	462 000
Total Retained Equity	550 000	499 000	256 000	218 000
Total Equity	580 000	529 000	286 000	248 000
Total Long-Term Debt	490 000	571 000	0	0
Total Current Debt	394 000	273 000	268 000	214 000
Total Equity and Debt	1 465 000	1 373 000	554 000	462 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 849 000	1 507 000	1 464 000	1 382 000
Other Income	0	151 000	−5 000	−9 000
Revenue	1 849 000	1 658 000	1 459 000	1 373 000
Cost of Goods Sold	90 000	63 000	16 000	53 000
Salary Costs	875 000	779 000	739 000	724 000
Depreciation	158 000	43 000	7 000	3 000
Impairment	0	0	0	0
Expenditure	1 763 000	1 346 000	1 409 000	1 307 000
Operating Profit	86 000	313 000	50 000	66 000
Financial Income	0	0	1 000	0
Financial Costs	21 000	4 000	0	0
Financial Balance	−21 000	−4 000	1 000	0
Dividends	0	0	0	0
Net Income	51 000	243 000	38 000	52 000

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	3 000	8 000	12 000	16 000
Fixtures	575 000	729 000	0	24 000
Total Tangible Assets	579 000	736 000	12 000	40 000
Total Fiancial Fixed Assets	88 000	18 000	29 000	49 000
Total Fixed Assets	666 000	754 000	41 000	88 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	605 000	476 000	462 000	332 000
Total Current Assets	799 000	619 000	513 000	374 000
Total Assets	1 465 000	1 373 000	554 000	462 000
Total Equity	580 000	529 000	286 000	248 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	490 000	571 000	0	0
Creditors	62 000	51 000	85 000	47 000
Unpaid Taxes	120 000	122 000	89 000	76 000
Dividends	0	0	0	0
Other Current Debt	189 000	89 000	81 000	77 000
Total Current Debt	394 000	273 000	268 000	214 000
Total Equity and Debt	1 465 000	1 373 000	554 000	462 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,79 %	45,94 %	13,29 %	20,97 %
Debt-to-Equity Ratio	0,84	1,08	0	0
Operating Profit Margin	4,65 %	18,88 %	3,43 %	4,81 %
Current Ratio	2,03	2,27	1,91	1,75
Quick Ratio	2,03	2,27	1,91	1,75
Equity Ratio	0,4	0,39	0,52	0,54
Gross Profit Margin	95,13 %	96,2 %	98,9 %	96,14 %