VESTLAND BETONGBYGG AS

6968 FLEKKE

Finances

Share Ownership

Return on Equity

29,3 %

Current Ratio

3,26

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 577 000	1 193 000	1 853 000	678 000
Net Income	334 000	54 000	286 000	436 000
Total Assets	1 622 000	1 168 000	1 602 000	997 000
Total Equity	1 140 000	806 000	752 000	466 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 577 000	1 193 000	1 853 000	678 000
Expenditure	1 148 000	1 123 000	1 485 000	120 000
Operating Profit	428 000	70 000	368 000	558 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	1 000	0	−1 000	0
Earnings Before Tax	429 000	70 000	367 000	558 000
Tax	95 000	15 000	81 000	123 000
Net Income	334 000	54 000	286 000	436 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	54 000	82 000	110 000	138 000
Total Current Assets	1 569 000	1 086 000	1 492 000	860 000
Total Assets	1 622 000	1 168 000	1 602 000	997 000
Total Retained Equity	1 110 000	776 000	722 000	436 000
Total Equity	1 140 000	806 000	752 000	466 000
Total Long-Term Debt	0	2 000	4 000	6 000
Total Current Debt	482 000	360 000	846 000	526 000
Total Equity and Debt	1 622 000	1 168 000	1 602 000	997 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 577 000	1 193 000	1 853 000	678 000
Other Income	0	0	0	0
Revenue	1 577 000	1 193 000	1 853 000	678 000
Cost of Goods Sold	195 000	249 000	881 000	3 000
Salary Costs	719 000	687 000	474 000	100 000
Depreciation	28 000	28 000	28 000	2 000
Impairment	0	0	0	0
Expenditure	1 148 000	1 123 000	1 485 000	120 000
Operating Profit	428 000	70 000	368 000	558 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	1 000	0	−1 000	0
Dividends	0	0	0	0
Net Income	334 000	54 000	286 000	436 000

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	54 000	82 000	110 000	138 000
Fixtures	0	0	0	0
Total Tangible Assets	54 000	82 000	110 000	138 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	54 000	82 000	110 000	138 000
Stock	7 000	10 000	0	0
Total Investments	0	0	0	0
Cash, Bank	1 005 000	659 000	821 000	436 000
Total Current Assets	1 569 000	1 086 000	1 492 000	860 000
Total Assets	1 622 000	1 168 000	1 602 000	997 000
Total Equity	1 140 000	806 000	752 000	466 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 000	4 000	6 000
Creditors	108 000	82 000	629 000	188 000
Unpaid Taxes	213 000	184 000	80 000	130 000
Dividends	0	0	0	0
Other Current Debt	63 000	76 000	55 000	91 000
Total Current Debt	482 000	360 000	846 000	526 000
Total Equity and Debt	1 622 000	1 168 000	1 602 000	997 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,3 %	6,7 %	38,03 %	93,56 %
Debt-to-Equity Ratio	0	0	0,01	0,01
Operating Profit Margin	27,14 %	5,87 %	19,86 %	82,3 %
Current Ratio	3,26	3,02	1,76	1,63
Quick Ratio	3,3	3,1	1,76	1,63
Equity Ratio	0,7	0,69	0,47	0,47
Gross Profit Margin	87,63 %	79,13 %	52,46 %	99,56 %