VESTHEIM MASKIN AS

2372 BRØTTUM

Finances

Return on Equity

−3,9 %

Current Ratio

0,48

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 071 000	1 195 000	897 000	675 000
Net Income	−288 000	−57 000	−566 000	−644 000
Total Assets	10 012 000	10 602 000	10 603 000	8 779 000
Total Equity	7 381 000	7 669 000	7 726 000	8 292 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 071 000	1 195 000	897 000	675 000
Expenditure	1 306 000	1 149 000	1 548 000	1 441 000
Operating Profit	−235 000	46 000	−651 000	−766 000
Financial Income	1 000	1 000	9 000	26 000
Financial Costs	132 000	120 000	84 000	67 000
Financial Balance	−131 000	−119 000	−75 000	−41 000
Earnings Before Tax	−366 000	−73 000	−726 000	−807 000
Tax	−78 000	−16 000	−160 000	−163 000
Net Income	−288 000	−57 000	−566 000	−644 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 745 000	10 012 000	10 053 000	6 422 000
Total Current Assets	267 000	590 000	550 000	2 357 000
Total Assets	10 012 000	10 602 000	10 603 000	8 779 000
Total Retained Equity	7 120 000	7 408 000	7 465 000	8 031 000
Total Equity	7 381 000	7 669 000	7 726 000	8 292 000
Total Long-Term Debt	2 080 000	2 216 000	2 320 000	0
Total Current Debt	551 000	717 000	557 000	487 000
Total Equity and Debt	10 012 000	10 602 000	10 603 000	8 779 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 071 000	1 195 000	897 000	675 000
Other Income	0	0	0	0
Revenue	1 071 000	1 195 000	897 000	675 000
Cost of Goods Sold	13 000	27 000	78 000	90 000
Salary Costs	0	0	0	0
Depreciation	345 000	360 000	465 000	410 000
Impairment	0	0	0	0
Expenditure	1 306 000	1 149 000	1 548 000	1 441 000
Operating Profit	−235 000	46 000	−651 000	−766 000
Financial Income	1 000	1 000	9 000	26 000
Financial Costs	132 000	120 000	84 000	67 000
Financial Balance	−131 000	−119 000	−75 000	−41 000
Dividends	0	0	0	0
Net Income	−288 000	−57 000	−566 000	−644 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	944 000	865 000	849 000	690 000
Real Eastate	6 032 000	6 032 000	6 032 000	2 741 000
Machinery and Plant Facilities	920 000	853 000	735 000	895 000
Fixtures	399 000	502 000	616 000	766 000
Total Tangible Assets	7 352 000	7 697 000	7 753 000	4 832 000
Total Fiancial Fixed Assets	1 450 000	1 450 000	1 450 000	900 000
Total Fixed Assets	9 745 000	10 012 000	10 053 000	6 422 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	66 000	194 000	127 000	2 093 000
Total Current Assets	267 000	590 000	550 000	2 357 000
Total Assets	10 012 000	10 602 000	10 603 000	8 779 000
Total Equity	7 381 000	7 669 000	7 726 000	8 292 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 080 000	2 216 000	2 320 000	0
Creditors	113 000	279 000	81 000	49 000
Unpaid Taxes	0	0	38 000	0
Dividends	0	0	0	0
Other Current Debt	438 000	438 000	438 000	438 000
Total Current Debt	551 000	717 000	557 000	487 000
Total Equity and Debt	10 012 000	10 602 000	10 603 000	8 779 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,9 %	−0,74 %	−7,33 %	−7,77 %
Debt-to-Equity Ratio	0,28	0,29	0,3	0
Operating Profit Margin	−21,94 %	3,85 %	−72,58 %	−113,48 %
Current Ratio	0,48	0,82	0,99	4,84
Quick Ratio	0,48	0,82	0,99	4,84
Equity Ratio	0,74	0,72	0,73	0,94
Gross Profit Margin	98,79 %	97,74 %	91,3 %	86,67 %