VESTFOLD BILFORMIDLING AS

3089 HOLMESTRAND

Finances

Share Ownership

Return on Equity

37,72 %

Current Ratio

5,36

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	89 438 000	42 038 000	29 982 000	16 703 000
Net Income	7 529 000	5 743 000	5 975 000	3 387 000
Total Assets	22 901 000	15 473 000	10 615 000	5 992 000
Total Equity	19 959 000	13 429 000	8 307 000	4 722 000

Income (NOK)	2022	2021	2020	2019
Revenue	89 438 000	42 038 000	29 982 000	16 703 000
Expenditure	79 730 000	34 661 000	22 298 000	12 362 000
Operating Profit	9 707 000	7 377 000	7 684 000	4 342 000
Financial Income	7 000	0	1 000	1 000
Financial Costs	28 000	5 000	5 000	0
Financial Balance	−21 000	−5 000	−4 000	1 000
Earnings Before Tax	9 686 000	7 372 000	7 681 000	4 343 000
Tax	2 157 000	1 629 000	1 706 000	956 000
Net Income	7 529 000	5 743 000	5 975 000	3 387 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 144 000	2 920 000	394 000	32 000
Total Current Assets	15 757 000	12 553 000	10 221 000	5 960 000
Total Assets	22 901 000	15 473 000	10 615 000	5 992 000
Total Retained Equity	19 859 000	13 329 000	8 207 000	4 622 000
Total Equity	19 959 000	13 429 000	8 307 000	4 722 000
Total Long-Term Debt	0	12 000	4 000	2 000
Total Current Debt	2 942 000	2 031 000	2 304 000	1 268 000
Total Equity and Debt	22 901 000	15 473 000	10 615 000	5 992 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	88 845 000	41 834 000	29 893 000	16 703 000
Other Income	593 000	204 000	89 000	0
Revenue	89 438 000	42 038 000	29 982 000	16 703 000
Cost of Goods Sold	76 795 000	32 511 000	20 606 000	11 412 000
Salary Costs	1 541 000	709 000	867 000	642 000
Depreciation	427 000	176 000	18 000	2 000
Impairment	0	0	0	0
Expenditure	79 730 000	34 661 000	22 298 000	12 362 000
Operating Profit	9 707 000	7 377 000	7 684 000	4 342 000
Financial Income	7 000	0	1 000	1 000
Financial Costs	28 000	5 000	5 000	0
Financial Balance	−21 000	−5 000	−4 000	1 000
Dividends	1 000 000	620 000	2 390 000	0
Net Income	7 529 000	5 743 000	5 975 000	3 387 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 057 000	2 798 000	0	0
Machinery and Plant Facilities	75 000	101 000	0	0
Fixtures	13 000	20 000	394 000	32 000
Total Tangible Assets	7 144 000	2 920 000	394 000	32 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 144 000	2 920 000	394 000	32 000
Stock	10 340 000	2 991 000	2 907 000	1 740 000
Total Investments	0	0	0	0
Cash, Bank	3 971 000	9 023 000	7 010 000	4 163 000
Total Current Assets	15 757 000	12 553 000	10 221 000	5 960 000
Total Assets	22 901 000	15 473 000	10 615 000	5 992 000
Total Equity	19 959 000	13 429 000	8 307 000	4 722 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	12 000	4 000	2 000
Creditors	599 000	138 000	250 000	30 000
Unpaid Taxes	42 000	31 000	170 000	43 000
Dividends	1 000 000	620 000	2 390 000	0
Other Current Debt	133 000	121 000	180 000	241 000
Total Current Debt	2 942 000	2 031 000	2 304 000	1 268 000
Total Equity and Debt	22 901 000	15 473 000	10 615 000	5 992 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,72 %	42,77 %	71,93 %	71,73 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,85 %	17,55 %	25,63 %	26 %
Current Ratio	5,36	6,18	4,44	4,7
Quick Ratio	−2,13	−13,08	−16,95	−12,63
Equity Ratio	0,87	0,87	0,78	0,79
Gross Profit Margin	14,14 %	22,66 %	31,27 %	31,68 %