VESTFJELD AS

3302 HOKKSUND

Finances

Return on Equity

6,99 %

Current Ratio

5,69

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 698 000	2 885 000	2 228 000	2 227 000
Net Income	293 000	1 592 000	854 000	1 320 000
Total Assets	4 507 000	4 528 000	2 853 000	2 249 000
Total Equity	4 193 000	3 900 000	2 308 000	1 455 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 698 000	2 885 000	2 228 000	2 227 000
Expenditure	1 340 000	843 000	1 133 000	538 000
Operating Profit	358 000	2 042 000	1 095 000	1 689 000
Financial Income	24 000	1 000	4 000	4 000
Financial Costs	0	0	3 000	0
Financial Balance	24 000	1 000	1 000	4 000
Earnings Before Tax	382 000	2 043 000	1 096 000	1 693 000
Tax	90 000	451 000	242 000	373 000
Net Income	293 000	1 592 000	854 000	1 320 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 869 000	665 000	0	0
Total Current Assets	1 638 000	3 863 000	2 853 000	2 249 000
Total Assets	4 507 000	4 528 000	2 853 000	2 249 000
Total Retained Equity	4 162 000	3 870 000	2 278 000	1 424 000
Total Equity	4 193 000	3 900 000	2 308 000	1 455 000
Total Long-Term Debt	26 000	29 000	0	0
Total Current Debt	288 000	599 000	545 000	795 000
Total Equity and Debt	4 507 000	4 528 000	2 853 000	2 249 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 698 000	2 885 000	2 228 000	2 227 000
Other Income	0	0	0	0
Revenue	1 698 000	2 885 000	2 228 000	2 227 000
Cost of Goods Sold	0	0	0	0
Salary Costs	871 000	559 000	820 000	230 000
Depreciation	139 000	38 000	0	0
Impairment	0	0	0	0
Expenditure	1 340 000	843 000	1 133 000	538 000
Operating Profit	358 000	2 042 000	1 095 000	1 689 000
Financial Income	24 000	1 000	4 000	4 000
Financial Costs	0	0	3 000	0
Financial Balance	24 000	1 000	1 000	4 000
Dividends	0	0	0	0
Net Income	293 000	1 592 000	854 000	1 320 000

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	526 000	665 000	0	0
Total Tangible Assets	526 000	665 000	0	0
Total Fiancial Fixed Assets	2 342 000	0	0	0
Total Fixed Assets	2 869 000	665 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 204 000	1 080 000	2 654 000	1 141 000
Total Current Assets	1 638 000	3 863 000	2 853 000	2 249 000
Total Assets	4 507 000	4 528 000	2 853 000	2 249 000
Total Equity	4 193 000	3 900 000	2 308 000	1 455 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	26 000	29 000	0	0
Creditors	11 000	24 000	69 000	0
Unpaid Taxes	72 000	55 000	106 000	387 000
Dividends	0	0	0	0
Other Current Debt	112 000	99 000	128 000	35 000
Total Current Debt	288 000	599 000	545 000	795 000
Total Equity and Debt	4 507 000	4 528 000	2 853 000	2 249 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,99 %	40,82 %	37 %	90,72 %
Debt-to-Equity Ratio	0,01	0,01	0	0
Operating Profit Margin	21,08 %	70,78 %	49,15 %	75,84 %
Current Ratio	5,69	6,45	5,23	2,83
Quick Ratio	5,69	6,45	5,23	2,83
Equity Ratio	0,93	0,86	0,81	0,65
Gross Profit Margin	100 %	100 %	100 %	100 %