VEKST ØKONOMI AS

2068 JESSHEIM

Finances

Share Ownership

Return on Equity

92,61 %

Current Ratio

1,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 448 000	2 300 000	2 130 000	1 568 000
Net Income	714 000	629 000	571 000	349 000
Total Assets	1 889 000	1 615 000	1 430 000	1 010 000
Total Equity	771 000	657 000	528 000	457 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 448 000	2 300 000	2 130 000	1 568 000
Expenditure	1 502 000	1 467 000	1 382 000	1 092 000
Operating Profit	945 000	833 000	747 000	477 000
Financial Income	0	0	0	0
Financial Costs	0	0	4 000	20 000
Financial Balance	0	0	−4 000	−20 000
Earnings Before Tax	945 000	833 000	744 000	457 000
Tax	231 000	204 000	173 000	108 000
Net Income	714 000	629 000	571 000	349 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	41 000	183 000	331 000	446 000
Total Current Assets	1 849 000	1 432 000	1 098 000	563 000
Total Assets	1 889 000	1 615 000	1 430 000	1 010 000
Total Retained Equity	663 000	549 000	420 000	349 000
Total Equity	771 000	657 000	528 000	457 000
Total Long-Term Debt	0	0	0	200 000
Total Current Debt	1 119 000	958 000	902 000	353 000
Total Equity and Debt	1 889 000	1 615 000	1 430 000	1 010 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 448 000	2 300 000	2 098 000	1 588 000
Other Income	0	0	32 000	−19 000
Revenue	2 448 000	2 300 000	2 130 000	1 568 000
Cost of Goods Sold	50 000	49 000	60 000	49 000
Salary Costs	985 000	1 010 000	959 000	750 000
Depreciation	142 000	149 000	141 000	105 000
Impairment	0	0	0	0
Expenditure	1 502 000	1 467 000	1 382 000	1 092 000
Operating Profit	945 000	833 000	747 000	477 000
Financial Income	0	0	0	0
Financial Costs	0	0	4 000	20 000
Financial Balance	0	0	−4 000	−20 000
Dividends	600 000	500 000	500 000	0
Net Income	714 000	629 000	571 000	349 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	30 000	150 000	270 000	390 000
Total Intangible Assets	30 000	150 000	270 000	390 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	11 000	33 000	61 000	56 000
Total Tangible Assets	11 000	33 000	61 000	56 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	41 000	183 000	331 000	446 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 468 000	1 174 000	870 000	341 000
Total Current Assets	1 849 000	1 432 000	1 098 000	563 000
Total Assets	1 889 000	1 615 000	1 430 000	1 010 000
Total Equity	771 000	657 000	528 000	457 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	200 000
Creditors	42 000	10 000	11 000	13 000
Unpaid Taxes	146 000	156 000	134 000	142 000
Dividends	600 000	500 000	500 000	0
Other Current Debt	99 000	88 000	84 000	90 000
Total Current Debt	1 119 000	958 000	902 000	353 000
Total Equity and Debt	1 889 000	1 615 000	1 430 000	1 010 000

Financial indicators	2022	2021	2020	2019
Return on Equity	92,61 %	95,74 %	108,14 %	76,37 %
Debt-to-Equity Ratio	0	0	0	0,44
Operating Profit Margin	38,6 %	36,22 %	35,07 %	30,42 %
Current Ratio	1,65	1,49	1,22	1,59
Quick Ratio	1,65	1,49	1,22	1,59
Equity Ratio	0,41	0,41	0,37	0,45
Gross Profit Margin	97,96 %	97,87 %	97,18 %	96,88 %