VESTMAR HOLDING AS

3770 KRAGERØ

Finances

Return on Equity

−14,29 %

Current Ratio

1,63

Debt-to-Equity Ratio

0,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	126 167 000	137 390 000	142 057 000	118 543 000
Net Income	−1 496 000	4 092 000	7 060 000	2 604 000
Total Assets	30 581 000	31 741 000	35 110 000	29 611 000
Total Equity	10 470 000	11 966 000	10 875 000	7 815 000

Income (NOK)	2022	2021	2020	2019
Revenue	126 167 000	137 390 000	142 057 000	118 543 000
Expenditure	127 634 000	131 892 000	132 561 000	115 910 000
Operating Profit	−1 467 000	5 497 000	9 496 000	2 633 000
Financial Income	3 000	1 000	4 000	128 000
Financial Costs	444 000	244 000	445 000	667 000
Financial Balance	−441 000	−243 000	−441 000	−539 000
Earnings Before Tax	−1 908 000	5 254 000	9 054 000	2 094 000
Tax	−412 000	1 163 000	1 995 000	−511 000
Net Income	−1 496 000	4 092 000	7 060 000	2 604 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 566 000	8 831 000	11 431 000	14 344 000
Total Current Assets	17 014 000	22 910 000	23 679 000	15 267 000
Total Assets	30 581 000	31 741 000	35 110 000	29 611 000
Total Retained Equity	6 479 000	7 411 000	6 319 000	3 259 000
Total Equity	10 470 000	11 966 000	10 875 000	7 815 000
Total Long-Term Debt	9 647 000	7 698 000	9 373 000	13 698 000
Total Current Debt	10 464 000	12 076 000	14 862 000	8 098 000
Total Equity and Debt	30 581 000	31 741 000	35 110 000	29 611 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	125 163 000	136 323 000	141 033 000	117 541 000
Other Income	1 004 000	1 066 000	1 024 000	1 002 000
Revenue	126 167 000	137 390 000	142 057 000	118 543 000
Cost of Goods Sold	88 564 000	96 117 000	98 092 000	83 002 000
Salary Costs	18 838 000	17 972 000	18 036 000	16 407 000
Depreciation	3 128 000	2 919 000	2 683 000	2 894 000
Impairment	0	0	0	0
Expenditure	127 634 000	131 892 000	132 561 000	115 910 000
Operating Profit	−1 467 000	5 497 000	9 496 000	2 633 000
Financial Income	3 000	1 000	4 000	128 000
Financial Costs	444 000	244 000	445 000	667 000
Financial Balance	−441 000	−243 000	−441 000	−539 000
Dividends	0	3 000 000	4 000 000	1 500 000
Net Income	−1 496 000	4 092 000	7 060 000	2 604 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	444 000	32 000	0	694 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	12 038 000	7 714 000	10 384 000	12 613 000
Total Tangible Assets	12 038 000	7 714 000	10 384 000	12 613 000
Total Fiancial Fixed Assets	1 085 000	1 085 000	1 047 000	1 036 000
Total Fixed Assets	13 566 000	8 831 000	11 431 000	14 344 000
Stock	8 250 000	7 376 000	7 520 000	6 501 000
Total Investments	0	0	0	0
Cash, Bank	4 451 000	10 033 000	9 940 000	4 335 000
Total Current Assets	17 014 000	22 910 000	23 679 000	15 267 000
Total Assets	30 581 000	31 741 000	35 110 000	29 611 000
Total Equity	10 470 000	11 966 000	10 875 000	7 815 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 647 000	7 698 000	9 373 000	13 698 000
Creditors	3 640 000	3 439 000	4 012 000	3 635 000
Unpaid Taxes	1 493 000	1 379 000	1 723 000	1 322 000
Dividends	0	3 000 000	4 000 000	1 500 000
Other Current Debt	5 331 000	2 889 000	4 003 000	1 635 000
Total Current Debt	10 464 000	12 076 000	14 862 000	8 098 000
Total Equity and Debt	30 581 000	31 741 000	35 110 000	29 611 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,29 %	34,2 %	64,92 %	33,32 %
Debt-to-Equity Ratio	0,92	0,64	0,86	1,75
Operating Profit Margin	−1,16 %	4 %	6,68 %	2,22 %
Current Ratio	1,63	1,9	1,59	1,89
Quick Ratio	7,68	4,87	3,23	9,56
Equity Ratio	0,34	0,38	0,31	0,26
Gross Profit Margin	29,8 %	30,04 %	30,95 %	29,98 %