VESTCON AS

6260 SKODJE

Finances

Share Ownership

Return on Equity

48,04 %

Current Ratio

1,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 179 000	2 018 000	1 591 000	1 776 000
Net Income	196 000	61 000	−45 000	196 000
Total Assets	816 000	593 000	510 000	504 000
Total Equity	408 000	312 000	251 000	296 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 179 000	2 018 000	1 591 000	1 776 000
Expenditure	2 928 000	1 942 000	1 642 000	1 524 000
Operating Profit	252 000	76 000	−58 000	251 000
Financial Income	0	2 000	1 000	0
Financial Costs	0	0	0	0
Financial Balance	0	2 000	1 000	0
Earnings Before Tax	251 000	78 000	−57 000	251 000
Tax	55 000	17 000	−13 000	55 000
Net Income	196 000	61 000	−45 000	196 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	179 000	156 000	204 000	258 000
Total Current Assets	637 000	437 000	307 000	246 000
Total Assets	816 000	593 000	510 000	504 000
Total Retained Equity	308 000	212 000	151 000	196 000
Total Equity	408 000	312 000	251 000	296 000
Total Long-Term Debt	0	0	0	10 000
Total Current Debt	408 000	281 000	259 000	198 000
Total Equity and Debt	816 000	593 000	510 000	504 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 179 000	2 018 000	1 591 000	1 776 000
Other Income	0	0	0	0
Revenue	3 179 000	2 018 000	1 591 000	1 776 000
Cost of Goods Sold	1 748 000	980 000	828 000	783 000
Salary Costs	818 000	627 000	478 000	487 000
Depreciation	47 000	66 000	59 000	30 000
Impairment	0	0	0	0
Expenditure	2 928 000	1 942 000	1 642 000	1 524 000
Operating Profit	252 000	76 000	−58 000	251 000
Financial Income	0	2 000	1 000	0
Financial Costs	0	0	0	0
Financial Balance	0	2 000	1 000	0
Dividends	100 000	0	0	0
Net Income	196 000	61 000	−45 000	196 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 000	12 000	4 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	97 000	44 000	106 000	141 000
Fixtures	23 000	29 000	0	0
Total Tangible Assets	120 000	74 000	106 000	141 000
Total Fiancial Fixed Assets	47 000	70 000	93 000	117 000
Total Fixed Assets	179 000	156 000	204 000	258 000
Stock	0	0	0	7 000
Total Investments	0	0	0	0
Cash, Bank	408 000	212 000	129 000	187 000
Total Current Assets	637 000	437 000	307 000	246 000
Total Assets	816 000	593 000	510 000	504 000
Total Equity	408 000	312 000	251 000	296 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	10 000
Creditors	17 000	53 000	46 000	32 000
Unpaid Taxes	114 000	95 000	105 000	50 000
Dividends	100 000	0	0	0
Other Current Debt	120 000	108 000	108 000	62 000
Total Current Debt	408 000	281 000	259 000	198 000
Total Equity and Debt	816 000	593 000	510 000	504 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,04 %	19,55 %	−17,93 %	66,22 %
Debt-to-Equity Ratio	0	0	0	0,03
Operating Profit Margin	7,93 %	3,77 %	−3,65 %	14,13 %
Current Ratio	1,56	1,56	1,19	1,24
Quick Ratio	1,56	1,56	1,19	1,29
Equity Ratio	0,5	0,53	0,49	0,59
Gross Profit Margin	45,01 %	51,44 %	47,96 %	55,91 %