VEST RØRSERVICE AS

5936 MANGER

Finances

Return on Equity

19,45 %

Current Ratio

5,16

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 660 000	3 820 000	3 442 000	2 338 000
Net Income	585 000	1 399 000	628 000	364 000
Total Assets	3 680 000	3 488 000	2 246 000	1 444 000
Total Equity	3 007 000	2 422 000	1 423 000	995 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 660 000	3 820 000	3 442 000	2 338 000
Expenditure	3 054 000	3 069 000	2 662 000	1 873 000
Operating Profit	605 000	752 000	780 000	466 000
Financial Income	773 000	919 000	155 000	0
Financial Costs	654 000	102 000	136 000	0
Financial Balance	119 000	817 000	19 000	0
Earnings Before Tax	724 000	1 569 000	799 000	466 000
Tax	139 000	170 000	172 000	103 000
Net Income	585 000	1 399 000	628 000	364 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	297 000	359 000	420 000	226 000
Total Current Assets	3 382 000	3 129 000	1 826 000	1 218 000
Total Assets	3 680 000	3 488 000	2 246 000	1 444 000
Total Retained Equity	2 967 000	2 382 000	1 383 000	955 000
Total Equity	3 007 000	2 422 000	1 423 000	995 000
Total Long-Term Debt	16 000	24 000	21 000	12 000
Total Current Debt	656 000	1 042 000	802 000	437 000
Total Equity and Debt	3 680 000	3 488 000	2 246 000	1 444 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 655 000	3 805 000	3 438 000	2 386 000
Other Income	5 000	15 000	5 000	−47 000
Revenue	3 660 000	3 820 000	3 442 000	2 338 000
Cost of Goods Sold	1 418 000	1 508 000	1 443 000	948 000
Salary Costs	1 186 000	1 176 000	894 000	645 000
Depreciation	61 000	61 000	50 000	22 000
Impairment	0	0	0	0
Expenditure	3 054 000	3 069 000	2 662 000	1 873 000
Operating Profit	605 000	752 000	780 000	466 000
Financial Income	773 000	919 000	155 000	0
Financial Costs	654 000	102 000	136 000	0
Financial Balance	119 000	817 000	19 000	0
Dividends	0	400 000	200 000	0
Net Income	585 000	1 399 000	628 000	364 000

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	297 000	359 000	420 000	226 000
Total Tangible Assets	297 000	359 000	420 000	226 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	297 000	359 000	420 000	226 000
Stock	112 000	131 000	140 000	186 000
Total Investments	1 631 000	1 872 000	327 000	0
Cash, Bank	1 179 000	804 000	989 000	795 000
Total Current Assets	3 382 000	3 129 000	1 826 000	1 218 000
Total Assets	3 680 000	3 488 000	2 246 000	1 444 000
Total Equity	3 007 000	2 422 000	1 423 000	995 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	16 000	24 000	21 000	12 000
Creditors	134 000	127 000	190 000	163 000
Unpaid Taxes	256 000	237 000	125 000	107 000
Dividends	0	400 000	200 000	0
Other Current Debt	119 000	112 000	125 000	72 000
Total Current Debt	656 000	1 042 000	802 000	437 000
Total Equity and Debt	3 680 000	3 488 000	2 246 000	1 444 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,45 %	57,76 %	44,13 %	36,58 %
Debt-to-Equity Ratio	0,01	0,01	0,01	0,01
Operating Profit Margin	16,53 %	19,69 %	22,66 %	19,93 %
Current Ratio	5,16	3	2,28	2,79
Quick Ratio	6,22	3,43	2,76	4,85
Equity Ratio	0,82	0,69	0,63	0,69
Gross Profit Margin	61,26 %	60,52 %	58,08 %	59,45 %