VESTVIKEN BETONG & TRE AS

3300 HOKKSUND

Finances

Share Ownership

Return on Equity

20,51 %

Current Ratio

1,22

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	108 303 000	131 572 000	126 843 000	144 066 000
Net Income	1 681 000	3 326 000	−3 900 000	7 529 000
Total Assets	40 742 000	25 951 000	29 213 000	50 873 000
Total Equity	8 196 000	8 016 000	6 190 000	10 090 000

Income (NOK)	2022	2021	2020	2019
Revenue	108 303 000	131 572 000	126 843 000	144 066 000
Expenditure	106 078 000	127 222 000	131 716 000	134 281 000
Operating Profit	2 225 000	4 350 000	−4 873 000	9 755 000
Financial Income	0	0	1 000	2 000
Financial Costs	70 000	86 000	98 000	103 000
Financial Balance	−70 000	−86 000	−97 000	−101 000
Earnings Before Tax	2 155 000	4 264 000	−4 970 000	9 654 000
Tax	475 000	938 000	−1 069 000	2 125 000
Net Income	1 681 000	3 326 000	−3 900 000	7 529 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 695 000	1 257 000	1 396 000	814 000
Total Current Assets	39 047 000	24 695 000	27 817 000	50 059 000
Total Assets	40 742 000	25 951 000	29 213 000	50 873 000
Total Retained Equity	7 996 000	7 816 000	5 990 000	9 890 000
Total Equity	8 196 000	8 016 000	6 190 000	10 090 000
Total Long-Term Debt	625 000	467 000	924 000	1 774 000
Total Current Debt	31 921 000	17 469 000	22 100 000	39 010 000
Total Equity and Debt	40 742 000	25 951 000	29 213 000	50 873 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	108 303 000	131 521 000	125 995 000	144 066 000
Other Income	0	51 000	848 000	0
Revenue	108 303 000	131 572 000	126 843 000	144 066 000
Cost of Goods Sold	80 381 000	102 953 000	107 161 000	111 139 000
Salary Costs	21 029 000	19 134 000	16 412 000	17 258 000
Depreciation	467 000	412 000	288 000	202 000
Impairment	0	0	0	0
Expenditure	106 078 000	127 222 000	131 716 000	134 281 000
Operating Profit	2 225 000	4 350 000	−4 873 000	9 755 000
Financial Income	0	0	1 000	2 000
Financial Costs	70 000	86 000	98 000	103 000
Financial Balance	−70 000	−86 000	−97 000	−101 000
Dividends	1 500 000	1 500 000	0	4 000 000
Net Income	1 681 000	3 326 000	−3 900 000	7 529 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	73 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	95 000	149 000	232 000	199 000
Fixtures	1 600 000	1 034 000	1 164 000	583 000
Total Tangible Assets	1 695 000	1 183 000	1 396 000	782 000
Total Fiancial Fixed Assets	0	0	0	33 000
Total Fixed Assets	1 695 000	1 257 000	1 396 000	814 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 129 000	8 516 000	8 423 000	13 577 000
Total Current Assets	39 047 000	24 695 000	27 817 000	50 059 000
Total Assets	40 742 000	25 951 000	29 213 000	50 873 000
Total Equity	8 196 000	8 016 000	6 190 000	10 090 000
Short-Term Group Debt	11 374 000	6 209 000	7 657 000	0
Total Long-Term Debt	625 000	467 000	924 000	1 774 000
Creditors	11 050 000	2 136 000	6 289 000	17 837 000
Unpaid Taxes	1 500 000	3 021 000	1 794 000	3 586 000
Dividends	1 500 000	1 500 000	0	4 000 000
Other Current Debt	6 496 000	3 352 000	6 359 000	11 634 000
Total Current Debt	31 921 000	17 469 000	22 100 000	39 010 000
Total Equity and Debt	40 742 000	25 951 000	29 213 000	50 873 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,51 %	41,49 %	−63 %	74,62 %
Debt-to-Equity Ratio	0,08	0,06	0,15	0,18
Operating Profit Margin	2,05 %	3,31 %	−3,84 %	6,77 %
Current Ratio	1,22	1,41	1,26	1,28
Quick Ratio	1,22	1,41	1,26	1,28
Equity Ratio	0,2	0,31	0,21	0,2
Gross Profit Margin	25,78 %	21,75 %	15,52 %	22,86 %