VESTLAND VENTILASJON AS

5363 ÅGOTNES

Finances

Share Ownership

Return on Equity

31,8 %

Current Ratio

2,87

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 709 000	1 390 000	1 629 000	699 000
Net Income	194 000	110 000	142 000	67 000
Total Assets	928 000	628 000	544 000	312 000
Total Equity	610 000	417 000	307 000	165 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 709 000	1 390 000	1 629 000	699 000
Expenditure	1 463 000	1 250 000	1 445 000	614 000
Operating Profit	247 000	140 000	183 000	85 000
Financial Income	1 000	1 000	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	0	0
Earnings Before Tax	248 000	141 000	183 000	85 000
Tax	55 000	31 000	40 000	18 000
Net Income	194 000	110 000	142 000	67 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 000	24 000	34 000	44 000
Total Current Assets	914 000	604 000	510 000	268 000
Total Assets	928 000	628 000	544 000	312 000
Total Retained Equity	513 000	319 000	209 000	67 000
Total Equity	610 000	417 000	307 000	165 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	318 000	211 000	237 000	148 000
Total Equity and Debt	928 000	628 000	544 000	312 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 709 000	1 390 000	1 620 000	699 000
Other Income	0	0	8 000	0
Revenue	1 709 000	1 390 000	1 629 000	699 000
Cost of Goods Sold	397 000	219 000	490 000	95 000
Salary Costs	717 000	707 000	601 000	318 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 463 000	1 250 000	1 445 000	614 000
Operating Profit	247 000	140 000	183 000	85 000
Financial Income	1 000	1 000	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	0	0
Dividends	0	0	0	0
Net Income	194 000	110 000	142 000	67 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	14 000	24 000	34 000	44 000
Total Fixed Assets	14 000	24 000	34 000	44 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	730 000	538 000	451 000	212 000
Total Current Assets	914 000	604 000	510 000	268 000
Total Assets	928 000	628 000	544 000	312 000
Total Equity	610 000	417 000	307 000	165 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	49 000	28 000	36 000	20 000
Unpaid Taxes	110 000	81 000	89 000	76 000
Dividends	0	0	0	0
Other Current Debt	104 000	71 000	71 000	33 000
Total Current Debt	318 000	211 000	237 000	148 000
Total Equity and Debt	928 000	628 000	544 000	312 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,8 %	26,38 %	46,25 %	40,61 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,45 %	10,07 %	11,23 %	12,16 %
Current Ratio	2,87	2,86	2,15	1,81
Quick Ratio	2,87	2,86	2,15	1,81
Equity Ratio	0,66	0,66	0,56	0,53
Gross Profit Margin	76,77 %	84,24 %	69,92 %	86,41 %