VESTVIKEN GRUPPEN AS

3300 HOKKSUND

Finances

Return on Equity

5,47 %

Current Ratio

1,49

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020
Revenue	270 129 000	309 127 000	269 566 000
Net Income	4 784 000	10 086 000	−242 000
Total Assets	164 726 000	159 022 000	133 421 000
Total Equity	87 468 000	84 410 000	77 141 000

Income (NOK)	2022	2021	2020
Revenue	270 129 000	309 127 000	269 566 000
Expenditure	261 992 000	294 275 000	269 347 000
Operating Profit	8 137 000	14 852 000	219 000
Financial Income	1 000	0	7 000
Financial Costs	88 000	107 000	110 000
Financial Balance	−87 000	−107 000	−103 000
Earnings Before Tax	8 050 000	14 745 000	116 000
Tax	3 267 000	4 659 000	358 000
Net Income	4 784 000	10 086 000	−242 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	50 775 000	53 689 000	60 102 000
Total Current Assets	113 952 000	105 332 000	73 319 000
Total Assets	164 726 000	159 022 000	133 421 000
Total Retained Equity	10 878 000	7 025 000	754 000
Total Equity	87 468 000	84 410 000	77 141 000
Total Long-Term Debt	976 000	3 031 000	1 812 000
Total Current Debt	76 282 000	71 580 000	54 468 000
Total Equity and Debt	164 726 000	159 022 000	133 421 000

Cash flow (NOK)	2022	2021	2020
Sales Income	270 095 000	309 017 000	263 147 000
Other Income	34 000	111 000	6 419 000
Revenue	270 129 000	309 127 000	269 566 000
Cost of Goods Sold	154 478 000	192 666 000	177 729 000
Salary Costs	84 864 000	77 609 000	67 281 000
Depreciation	7 425 000	6 991 000	6 388 000
Impairment	0	0	0
Expenditure	261 992 000	294 275 000	269 347 000
Operating Profit	8 137 000	14 852 000	219 000
Financial Income	1 000	0	7 000
Financial Costs	88 000	107 000	110 000
Financial Balance	−87 000	−107 000	−103 000
Dividends	0	0	0
Net Income	4 784 000	10 086 000	−242 000

Balance details (NOK)	2022	2021	2020
Goodwill	47 304 000	51 124 000	57 471 000
Total Intangible Assets	47 304 000	51 197 000	57 471 000
Real Eastate	320 000	388 000	339 000
Machinery and Plant Facilities	199 000	226 000	311 000
Fixtures	2 449 000	1 776 000	1 886 000
Total Tangible Assets	2 968 000	2 390 000	2 537 000
Total Fiancial Fixed Assets	502 000	102 000	94 000
Total Fixed Assets	50 775 000	53 689 000	60 102 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	63 520 000	50 544 000	32 525 000
Total Current Assets	113 952 000	105 332 000	73 319 000
Total Assets	164 726 000	159 022 000	133 421 000
Total Equity	87 468 000	84 410 000	77 141 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	976 000	3 031 000	1 812 000
Creditors	23 747 000	24 127 000	21 827 000
Unpaid Taxes	10 862 000	8 657 000	8 313 000
Dividends	0	0	0
Other Current Debt	35 925 000	32 833 000	22 834 000
Total Current Debt	76 282 000	71 580 000	54 468 000
Total Equity and Debt	164 726 000	159 022 000	133 421 000

Financial indicators	2022	2021	2020
Return on Equity	5,47 %	11,95 %	−0,31 %
Debt-to-Equity Ratio	0,01	0,04	0,02
Operating Profit Margin	3,01 %	4,8 %	0,08 %
Current Ratio	1,49	1,47	1,35
Quick Ratio	1,49	1,47	1,35
Equity Ratio	0,53	0,53	0,58
Gross Profit Margin	42,81 %	37,67 %	34,07 %