VESTLAND LEK AS

5382 SKOGSVÅG

Finances

Share Ownership

Return on Equity

76,47 %

Current Ratio

1,94

Debt-to-Equity Ratio

0,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 081 000	11 416 000	7 999 000	3 884 000
Net Income	1 079 000	719 000	992 000	33 000
Total Assets	4 474 000	2 789 000	4 272 000	1 994 000
Total Equity	1 411 000	485 000	66 000	974 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 081 000	11 416 000	7 999 000	3 884 000
Expenditure	10 596 000	10 437 000	6 709 000	3 828 000
Operating Profit	1 485 000	978 000	1 290 000	56 000
Financial Income	1 000	1 000	1 000	−1 000
Financial Costs	102 000	45 000	19 000	13 000
Financial Balance	−101 000	−44 000	−18 000	−14 000
Earnings Before Tax	1 385 000	934 000	1 272 000	43 000
Tax	306 000	216 000	280 000	9 000
Net Income	1 079 000	719 000	992 000	33 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	106 000	155 000	125 000	71 000
Total Current Assets	4 368 000	2 635 000	4 147 000	1 923 000
Total Assets	4 474 000	2 789 000	4 272 000	1 994 000
Total Retained Equity	1 381 000	455 000	36 000	944 000
Total Equity	1 411 000	485 000	66 000	974 000
Total Long-Term Debt	815 000	315 000	258 000	0
Total Current Debt	2 248 000	1 990 000	3 948 000	1 019 000
Total Equity and Debt	4 474 000	2 789 000	4 272 000	1 994 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 081 000	11 416 000	7 999 000	3 884 000
Other Income	0	0	0	0
Revenue	12 081 000	11 416 000	7 999 000	3 884 000
Cost of Goods Sold	5 377 000	6 329 000	4 305 000	2 207 000
Salary Costs	3 812 000	3 063 000	1 977 000	1 425 000
Depreciation	24 000	24 000	19 000	7 000
Impairment	0	0	0	0
Expenditure	10 596 000	10 437 000	6 709 000	3 828 000
Operating Profit	1 485 000	978 000	1 290 000	56 000
Financial Income	1 000	1 000	1 000	−1 000
Financial Costs	102 000	45 000	19 000	13 000
Financial Balance	−101 000	−44 000	−18 000	−14 000
Dividends	152 000	300 000	1 900 000	0
Net Income	1 079 000	719 000	992 000	33 000

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	41 000	65 000	98 000	36 000
Total Tangible Assets	41 000	65 000	98 000	36 000
Total Fiancial Fixed Assets	66 000	90 000	27 000	35 000
Total Fixed Assets	106 000	155 000	125 000	71 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 789 000	377 000	123 000	468 000
Total Current Assets	4 368 000	2 635 000	4 147 000	1 923 000
Total Assets	4 474 000	2 789 000	4 272 000	1 994 000
Total Equity	1 411 000	485 000	66 000	974 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	815 000	315 000	258 000	0
Creditors	192 000	377 000	1 032 000	255 000
Unpaid Taxes	799 000	502 000	251 000	331 000
Dividends	152 000	300 000	1 900 000	0
Other Current Debt	950 000	593 000	486 000	424 000
Total Current Debt	2 248 000	1 990 000	3 948 000	1 019 000
Total Equity and Debt	4 474 000	2 789 000	4 272 000	1 994 000

Financial indicators	2022	2021	2020	2019
Return on Equity	76,47 %	148,25 %	1 503,03 %	3,39 %
Debt-to-Equity Ratio	0,58	0,65	3,91	0
Operating Profit Margin	12,29 %	8,57 %	16,13 %	1,44 %
Current Ratio	1,94	1,32	1,05	1,89
Quick Ratio	1,94	1,32	1,05	1,89
Equity Ratio	0,32	0,17	0,02	0,49
Gross Profit Margin	55,49 %	44,56 %	46,18 %	43,18 %