VESTMEKANISKE AS

5211 OS

Finances

Share Ownership

Return on Equity

74,6 %

Current Ratio

1,32

Debt-to-Equity Ratio

0,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	31 997 000	22 287 000	32 813 000	22 831 000
Net Income	1 304 000	−1 286 000	1 970 000	−1 735 000
Total Assets	9 252 000	11 112 000	7 870 000	6 826 000
Total Equity	1 748 000	851 000	−1 801 000	−3 771 000

Income (NOK)	2022	2021	2020	2019
Revenue	31 997 000	22 287 000	32 813 000	22 831 000
Expenditure	30 122 000	23 478 000	30 866 000	23 735 000
Operating Profit	1 875 000	−1 191 000	972 000	−1 393 000
Financial Income	4 000	1 000	0	2 000
Financial Costs	134 000	199 000	350 000	345 000
Financial Balance	−130 000	−198 000	−350 000	−343 000
Earnings Before Tax	1 745 000	−1 389 000	622 000	−1 735 000
Tax	440 000	−102 000	−1 348 000	0
Net Income	1 304 000	−1 286 000	1 970 000	−1 735 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 164 000	494 000	1 782 000	556 000
Total Current Assets	8 088 000	10 618 000	6 088 000	6 269 000
Total Assets	9 252 000	11 112 000	7 870 000	6 826 000
Total Retained Equity	897 000	0	−2 201 000	−4 171 000
Total Equity	1 748 000	851 000	−1 801 000	−3 771 000
Total Long-Term Debt	1 361 000	1 446 000	1 520 000	3 347 000
Total Current Debt	6 142 000	8 815 000	8 151 000	7 249 000
Total Equity and Debt	9 252 000	11 112 000	7 870 000	6 826 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 997 000	22 287 000	32 824 000	22 279 000
Other Income	0	0	−11 000	552 000
Revenue	31 997 000	22 287 000	32 813 000	22 831 000
Cost of Goods Sold	13 670 000	9 692 000	12 029 000	5 992 000
Salary Costs	10 216 000	8 621 000	12 048 000	11 677 000
Depreciation	227 000	127 000	160 000	184 000
Impairment	0	0	0	401 000
Expenditure	30 122 000	23 478 000	30 866 000	23 735 000
Operating Profit	1 875 000	−1 191 000	972 000	−1 393 000
Financial Income	4 000	1 000	0	2 000
Financial Costs	134 000	199 000	350 000	345 000
Financial Balance	−130 000	−198 000	−350 000	−343 000
Dividends	500 000	0	0	0
Net Income	1 304 000	−1 286 000	1 970 000	−1 735 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	15 000	59 000	1 348 000	0
Real Eastate	0	0	6 000	0
Machinery and Plant Facilities	925 000	435 000	226 000	280 000
Fixtures	124 000	0	202 000	269 000
Total Tangible Assets	1 049 000	435 000	434 000	549 000
Total Fiancial Fixed Assets	100 000	0	0	7 000
Total Fixed Assets	1 164 000	494 000	1 782 000	556 000
Stock	1 869 000	1 479 000	1 482 000	2 557 000
Total Investments	0	0	0	0
Cash, Bank	298 000	262 000	356 000	17 000
Total Current Assets	8 088 000	10 618 000	6 088 000	6 269 000
Total Assets	9 252 000	11 112 000	7 870 000	6 826 000
Total Equity	1 748 000	851 000	−1 801 000	−3 771 000
Short-Term Group Debt	1 523 000	5 000 000	901 000	0
Total Long-Term Debt	1 361 000	1 446 000	1 520 000	3 347 000
Creditors	1 331 000	1 235 000	1 617 000	2 352 000
Unpaid Taxes	926 000	940 000	3 425 000	2 725 000
Dividends	500 000	0	0	0
Other Current Debt	1 121 000	1 132 000	1 690 000	1 226 000
Total Current Debt	6 142 000	8 815 000	8 151 000	7 249 000
Total Equity and Debt	9 252 000	11 112 000	7 870 000	6 826 000

Financial indicators	2022	2021	2020	2019
Return on Equity	74,6 %	−151,12 %	−109,38 %	46,01 %
Debt-to-Equity Ratio	0,78	1,7	−0,84	−0,89
Operating Profit Margin	5,86 %	−5,34 %	2,96 %	−6,1 %
Current Ratio	1,32	1,2	0,75	0,86
Quick Ratio	1,89	1,45	0,91	1,34
Equity Ratio	0,19	0,08	−0,23	−0,55
Gross Profit Margin	57,28 %	56,51 %	63,34 %	73,75 %