VESTRE MAT AS

5519 HAUGESUND

Finances

Share Ownership

Return on Equity

55,78 %

Current Ratio

1,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	40 161 000	39 280 000	40 412 000	35 066 000
Net Income	415 000	379 000	610 000	277 000
Total Assets	4 961 000	5 239 000	4 872 000	4 584 000
Total Equity	744 000	786 000	500 000	694 000

Income (NOK)	2022	2021	2020	2019
Revenue	40 161 000	39 280 000	40 412 000	35 066 000
Expenditure	39 657 000	38 796 000	39 636 000	34 723 000
Operating Profit	503 000	484 000	776 000	343 000
Financial Income	28 000	5 000	7 000	15 000
Financial Costs	0	−1 000	0	2 000
Financial Balance	28 000	6 000	7 000	13 000
Earnings Before Tax	531 000	489 000	783 000	356 000
Tax	115 000	110 000	173 000	79 000
Net Income	415 000	379 000	610 000	277 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	152 000	118 000	52 000	49 000
Total Current Assets	4 809 000	5 121 000	4 820 000	4 535 000
Total Assets	4 961 000	5 239 000	4 872 000	4 584 000
Total Retained Equity	244 000	286 000	0	194 000
Total Equity	744 000	786 000	500 000	694 000
Total Long-Term Debt	2 000	0	0	0
Total Current Debt	4 215 000	4 453 000	4 372 000	3 891 000
Total Equity and Debt	4 961 000	5 239 000	4 872 000	4 584 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	39 284 000	38 752 000	39 768 000	34 201 000
Other Income	877 000	529 000	643 000	865 000
Revenue	40 161 000	39 280 000	40 412 000	35 066 000
Cost of Goods Sold	33 613 000	33 283 000	33 943 000	29 682 000
Salary Costs	2 312 000	2 207 000	2 224 000	2 053 000
Depreciation	24 000	23 000	21 000	19 000
Impairment	0	0	0	0
Expenditure	39 657 000	38 796 000	39 636 000	34 723 000
Operating Profit	503 000	484 000	776 000	343 000
Financial Income	28 000	5 000	7 000	15 000
Financial Costs	0	−1 000	0	2 000
Financial Balance	28 000	6 000	7 000	13 000
Dividends	457 000	93 000	0	0
Net Income	415 000	379 000	610 000	277 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	3 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	152 000	118 000	49 000	49 000
Total Tangible Assets	152 000	118 000	49 000	49 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	152 000	118 000	52 000	49 000
Stock	2 620 000	2 670 000	2 728 000	2 529 000
Total Investments	0	0	0	0
Cash, Bank	1 748 000	2 078 000	1 828 000	1 785 000
Total Current Assets	4 809 000	5 121 000	4 820 000	4 535 000
Total Assets	4 961 000	5 239 000	4 872 000	4 584 000
Total Equity	744 000	786 000	500 000	694 000
Short-Term Group Debt	0	0	979 000	350 000
Total Long-Term Debt	2 000	0	0	0
Creditors	2 577 000	3 358 000	2 161 000	2 865 000
Unpaid Taxes	199 000	178 000	263 000	227 000
Dividends	457 000	93 000	0	0
Other Current Debt	869 000	717 000	969 000	444 000
Total Current Debt	4 215 000	4 453 000	4 372 000	3 891 000
Total Equity and Debt	4 961 000	5 239 000	4 872 000	4 584 000

Financial indicators	2022	2021	2020	2019
Return on Equity	55,78 %	48,22 %	122 %	39,91 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,25 %	1,23 %	1,92 %	0,98 %
Current Ratio	1,14	1,15	1,1	1,17
Quick Ratio	3,02	2,87	2,93	3,33
Equity Ratio	0,15	0,15	0,1	0,15
Gross Profit Margin	16,3 %	15,27 %	16,01 %	15,35 %