VEST TØMRERTEAM AS

5357 FJELL

Finances

Share Ownership

Return on Equity

189,26 %

Current Ratio

0,42

Debt-to-Equity Ratio

−8,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 063 000	11 250 000	10 342 000	8 374 000
Net Income	−282 000	−575 000	−242 000	538 000
Total Assets	2 513 000	2 920 000	3 450 000	2 725 000
Total Equity	−149 000	133 000	708 000	950 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 063 000	11 250 000	10 342 000	8 374 000
Expenditure	8 263 000	11 770 000	10 614 000	7 666 000
Operating Profit	−200 000	−520 000	−272 000	707 000
Financial Income	4 000	9 000	2 000	0
Financial Costs	86 000	75 000	40 000	18 000
Financial Balance	−82 000	−66 000	−38 000	−18 000
Earnings Before Tax	−282 000	−586 000	−310 000	690 000
Tax	0	−11 000	−68 000	152 000
Net Income	−282 000	−575 000	−242 000	538 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 927 000	2 018 000	2 006 000	545 000
Total Current Assets	586 000	902 000	1 444 000	2 180 000
Total Assets	2 513 000	2 920 000	3 450 000	2 725 000
Total Retained Equity	−179 000	103 000	678 000	920 000
Total Equity	−149 000	133 000	708 000	950 000
Total Long-Term Debt	1 268 000	1 448 000	1 639 000	453 000
Total Current Debt	1 394 000	1 340 000	1 103 000	1 323 000
Total Equity and Debt	2 513 000	2 920 000	3 450 000	2 725 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 063 000	11 250 000	10 342 000	8 374 000
Other Income	0	0	0	0
Revenue	8 063 000	11 250 000	10 342 000	8 374 000
Cost of Goods Sold	3 579 000	6 514 000	5 886 000	3 452 000
Salary Costs	3 358 000	4 023 000	3 582 000	3 058 000
Depreciation	91 000	88 000	130 000	93 000
Impairment	0	0	0	0
Expenditure	8 263 000	11 770 000	10 614 000	7 666 000
Operating Profit	−200 000	−520 000	−272 000	707 000
Financial Income	4 000	9 000	2 000	0
Financial Costs	86 000	75 000	40 000	18 000
Financial Balance	−82 000	−66 000	−38 000	−18 000
Dividends	0	0	0	0
Net Income	−282 000	−575 000	−242 000	538 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 650 000	1 650 000	1 573 000	0
Machinery and Plant Facilities	111 000	148 000	0	0
Fixtures	167 000	221 000	433 000	545 000
Total Tangible Assets	1 927 000	2 018 000	2 006 000	545 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 927 000	2 018 000	2 006 000	545 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	277 000	485 000	1 061 000	1 347 000
Total Current Assets	586 000	902 000	1 444 000	2 180 000
Total Assets	2 513 000	2 920 000	3 450 000	2 725 000
Total Equity	−149 000	133 000	708 000	950 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 268 000	1 448 000	1 639 000	453 000
Creditors	294 000	329 000	261 000	343 000
Unpaid Taxes	300 000	326 000	434 000	513 000
Dividends	0	0	0	0
Other Current Debt	800 000	685 000	408 000	327 000
Total Current Debt	1 394 000	1 340 000	1 103 000	1 323 000
Total Equity and Debt	2 513 000	2 920 000	3 450 000	2 725 000

Financial indicators	2022	2021	2020	2019
Return on Equity	189,26 %	−432,33 %	−34,18 %	56,63 %
Debt-to-Equity Ratio	−8,51	10,89	2,31	0,48
Operating Profit Margin	−2,48 %	−4,62 %	−2,63 %	8,44 %
Current Ratio	0,42	0,67	1,31	1,65
Quick Ratio	0,42	0,67	1,31	1,65
Equity Ratio	−0,06	0,05	0,21	0,35
Gross Profit Margin	55,61 %	42,1 %	43,09 %	58,78 %