VESTLANDSBETONG AS

5567 SKJOLDASTRAUMEN

Finances

Share Ownership

Return on Equity

25,92 %

Current Ratio

1,23

Debt-to-Equity Ratio

0,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 610 000	9 244 000	6 267 000	2 534 000
Net Income	338 000	782 000	−80 000	234 000
Total Assets	5 441 000	2 674 000	1 912 000	2 816 000
Total Equity	1 304 000	966 000	184 000	264 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 610 000	9 244 000	6 267 000	2 534 000
Expenditure	7 142 000	8 208 000	6 364 000	2 232 000
Operating Profit	468 000	1 036 000	−97 000	301 000
Financial Income	0	0	0	0
Financial Costs	33 000	33 000	5 000	1 000
Financial Balance	−33 000	−33 000	−5 000	−1 000
Earnings Before Tax	435 000	1 003 000	−102 000	300 000
Tax	97 000	221 000	−22 000	66 000
Net Income	338 000	782 000	−80 000	234 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	901 000	583 000	184 000	76 000
Total Current Assets	4 539 000	2 091 000	1 729 000	2 740 000
Total Assets	5 441 000	2 674 000	1 912 000	2 816 000
Total Retained Equity	1 274 000	936 000	154 000	234 000
Total Equity	1 304 000	966 000	184 000	264 000
Total Long-Term Debt	433 000	466 000	11 000	3 000
Total Current Debt	3 704 000	1 242 000	1 717 000	2 548 000
Total Equity and Debt	5 441 000	2 674 000	1 912 000	2 816 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 610 000	9 244 000	6 267 000	2 534 000
Other Income	0	0	0	0
Revenue	7 610 000	9 244 000	6 267 000	2 534 000
Cost of Goods Sold	3 450 000	4 411 000	2 718 000	855 000
Salary Costs	2 587 000	3 004 000	3 166 000	1 204 000
Depreciation	84 000	39 000	13 000	4 000
Impairment	0	0	0	0
Expenditure	7 142 000	8 208 000	6 364 000	2 232 000
Operating Profit	468 000	1 036 000	−97 000	301 000
Financial Income	0	0	0	0
Financial Costs	33 000	33 000	5 000	1 000
Financial Balance	−33 000	−33 000	−5 000	−1 000
Dividends	0	0	0	0
Net Income	338 000	782 000	−80 000	234 000

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	735 000	548 000	164 000	0
Fixtures	166 000	35 000	19 000	76 000
Total Tangible Assets	901 000	583 000	184 000	76 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	901 000	583 000	184 000	76 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	76 000	471 000	1 328 000	2 720 000
Total Current Assets	4 539 000	2 091 000	1 729 000	2 740 000
Total Assets	5 441 000	2 674 000	1 912 000	2 816 000
Total Equity	1 304 000	966 000	184 000	264 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	433 000	466 000	11 000	3 000
Creditors	410 000	343 000	235 000	121 000
Unpaid Taxes	700 000	318 000	519 000	708 000
Dividends	0	0	0	0
Other Current Debt	2 594 000	377 000	963 000	1 656 000
Total Current Debt	3 704 000	1 242 000	1 717 000	2 548 000
Total Equity and Debt	5 441 000	2 674 000	1 912 000	2 816 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,92 %	80,95 %	−43,48 %	88,64 %
Debt-to-Equity Ratio	0,33	0,48	0,06	0,01
Operating Profit Margin	6,15 %	11,21 %	−1,55 %	11,88 %
Current Ratio	1,23	1,68	1,01	1,08
Quick Ratio	1,23	1,68	1,01	1,08
Equity Ratio	0,24	0,36	0,1	0,09
Gross Profit Margin	54,66 %	52,28 %	56,63 %	66,26 %