VESTVIKEN ENTREPRENØR AS

3300 HOKKSUND

Finances

Share Ownership

Return on Equity

24,71 %

Current Ratio

1,62

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	183 276 000	229 733 000	138 627 000	240 957 000
Net Income	7 821 000	12 084 000	10 478 000	10 996 000
Total Assets	73 565 000	82 498 000	47 181 000	72 445 000
Total Equity	31 649 000	23 828 000	16 797 000	16 409 000

Income (NOK)	2022	2021	2020	2019
Revenue	183 276 000	229 733 000	138 627 000	240 957 000
Expenditure	173 205 000	214 220 000	130 849 000	226 734 000
Operating Profit	10 071 000	15 514 000	7 779 000	14 223 000
Financial Income	0	0	4 421 000	9 000
Financial Costs	12 000	7 000	2 000	108 000
Financial Balance	−12 000	−7 000	4 419 000	−99 000
Earnings Before Tax	10 059 000	15 507 000	12 199 000	14 123 000
Tax	2 239 000	3 423 000	1 721 000	3 127 000
Net Income	7 821 000	12 084 000	10 478 000	10 996 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 949 000	5 432 000	5 315 000	943 000
Total Current Assets	67 615 000	77 066 000	41 866 000	71 502 000
Total Assets	73 565 000	82 498 000	47 181 000	72 445 000
Total Retained Equity	31 193 000	23 373 000	16 342 000	15 954 000
Total Equity	31 649 000	23 828 000	16 797 000	16 409 000
Total Long-Term Debt	257 000	2 396 000	891 000	2 437 000
Total Current Debt	41 658 000	56 274 000	29 494 000	53 599 000
Total Equity and Debt	73 565 000	82 498 000	47 181 000	72 445 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	183 276 000	229 733 000	138 449 000	240 957 000
Other Income	0	0	178 000	0
Revenue	183 276 000	229 733 000	138 627 000	240 957 000
Cost of Goods Sold	153 080 000	193 500 000	115 399 000	190 229 000
Salary Costs	11 209 000	10 974 000	9 428 000	25 721 000
Depreciation	305 000	181 000	86 000	219 000
Impairment	0	0	0	0
Expenditure	173 205 000	214 220 000	130 849 000	226 734 000
Operating Profit	10 071 000	15 514 000	7 779 000	14 223 000
Financial Income	0	0	4 421 000	9 000
Financial Costs	12 000	7 000	2 000	108 000
Financial Balance	−12 000	−7 000	4 419 000	−99 000
Dividends	0	5 000 000	0	2 160 000
Net Income	7 821 000	12 084 000	10 478 000	10 996 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	320 000	388 000	339 000	0
Machinery and Plant Facilities	104 000	77 000	79 000	232 000
Fixtures	707 000	550 000	479 000	678 000
Total Tangible Assets	1 131 000	1 014 000	897 000	910 000
Total Fiancial Fixed Assets	4 818 000	4 418 000	4 418 000	33 000
Total Fixed Assets	5 949 000	5 432 000	5 315 000	943 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	47 994 000	33 046 000	18 093 000	24 585 000
Total Current Assets	67 615 000	77 066 000	41 866 000	71 502 000
Total Assets	73 565 000	82 498 000	47 181 000	72 445 000
Total Equity	31 649 000	23 828 000	16 797 000	16 409 000
Short-Term Group Debt	2 185 000	3 926 000	1 714 000	0
Total Long-Term Debt	257 000	2 396 000	891 000	2 437 000
Creditors	12 503 000	21 751 000	14 027 000	24 516 000
Unpaid Taxes	3 166 000	632 000	2 608 000	5 479 000
Dividends	0	5 000 000	0	2 160 000
Other Current Debt	19 428 000	23 063 000	9 651 000	19 069 000
Total Current Debt	41 658 000	56 274 000	29 494 000	53 599 000
Total Equity and Debt	73 565 000	82 498 000	47 181 000	72 445 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,71 %	50,71 %	62,38 %	67,01 %
Debt-to-Equity Ratio	0,01	0,1	0,05	0,15
Operating Profit Margin	5,49 %	6,75 %	5,61 %	5,9 %
Current Ratio	1,62	1,37	1,42	1,33
Quick Ratio	1,62	1,37	1,42	1,33
Equity Ratio	0,43	0,29	0,36	0,23
Gross Profit Margin	16,48 %	15,77 %	16,76 %	21,05 %