VEST PRODUKT AS

6160 HOVDEBYGDA

Finances

Share Ownership

Return on Equity

52,32 %

Current Ratio

1,34

Debt-to-Equity Ratio

0,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 829 000	3 116 000	2 302 000	1 309 000
Net Income	192 000	345 000	267 000	−28 000
Total Assets	1 317 000	1 104 000	863 000	299 000
Total Equity	367 000	376 000	221 000	53 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 829 000	3 116 000	2 302 000	1 309 000
Expenditure	3 567 000	2 761 000	1 966 000	1 283 000
Operating Profit	263 000	450 000	336 000	26 000
Financial Income	0	−1 000	0	2 000
Financial Costs	16 000	7 000	5 000	42 000
Financial Balance	−16 000	−8 000	−5 000	−40 000
Earnings Before Tax	246 000	443 000	331 000	−13 000
Tax	55 000	98 000	63 000	14 000
Net Income	192 000	345 000	267 000	−28 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	225 000	360 000	116 000	0
Total Current Assets	1 092 000	744 000	747 000	299 000
Total Assets	1 317 000	1 104 000	863 000	299 000
Total Retained Equity	337 000	346 000	191 000	23 000
Total Equity	367 000	376 000	221 000	53 000
Total Long-Term Debt	133 000	147 000	0	0
Total Current Debt	816 000	582 000	642 000	246 000
Total Equity and Debt	1 317 000	1 104 000	863 000	299 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 829 000	3 117 000	2 301 000	1 309 000
Other Income	0	−2 000	0	0
Revenue	3 829 000	3 116 000	2 302 000	1 309 000
Cost of Goods Sold	2 355 000	1 863 000	1 371 000	792 000
Salary Costs	550 000	217 000	165 000	88 000
Depreciation	60 000	46 000	11 000	0
Impairment	0	0	0	0
Expenditure	3 567 000	2 761 000	1 966 000	1 283 000
Operating Profit	263 000	450 000	336 000	26 000
Financial Income	0	−1 000	0	2 000
Financial Costs	16 000	7 000	5 000	42 000
Financial Balance	−16 000	−8 000	−5 000	−40 000
Dividends	200 000	190 000	100 000	0
Net Income	192 000	345 000	267 000	−28 000

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	225 000	360 000	116 000	0
Total Tangible Assets	225 000	360 000	116 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	225 000	360 000	116 000	0
Stock	272 000	251 000	156 000	113 000
Total Investments	0	0	0	0
Cash, Bank	422 000	370 000	357 000	7 000
Total Current Assets	1 092 000	744 000	747 000	299 000
Total Assets	1 317 000	1 104 000	863 000	299 000
Total Equity	367 000	376 000	221 000	53 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	133 000	147 000	0	0
Creditors	385 000	320 000	419 000	128 000
Unpaid Taxes	132 000	68 000	46 000	95 000
Dividends	200 000	190 000	100 000	0
Other Current Debt	242 000	105 000	14 000	8 000
Total Current Debt	816 000	582 000	642 000	246 000
Total Equity and Debt	1 317 000	1 104 000	863 000	299 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,32 %	91,76 %	120,81 %	−52,83 %
Debt-to-Equity Ratio	0,36	0,39	0	0
Operating Profit Margin	6,87 %	14,44 %	14,6 %	1,99 %
Current Ratio	1,34	1,28	1,16	1,22
Quick Ratio	2,01	2,25	1,54	2,25
Equity Ratio	0,28	0,34	0,26	0,18
Gross Profit Margin	38,5 %	40,21 %	40,44 %	39,5 %