VESTERÅLEN VEI OG ANLEGG AS

8450 STOKMARKNES

Finances

Share Ownership

Return on Equity

18,9 %

Current Ratio

1,23

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020
Revenue	1 045 000	816 000	149 000
Net Income	72 000	218 000	60 000
Total Assets	1 225 000	837 000	473 000
Total Equity	381 000	308 000	90 000

Income (NOK)	2022	2021	2020
Revenue	1 045 000	816 000	149 000
Expenditure	941 000	535 000	72 000
Operating Profit	102 000	280 000	77 000
Financial Income	0	0	0
Financial Costs	9 000	0	0
Financial Balance	−9 000	0	0
Earnings Before Tax	93 000	280 000	77 000
Tax	20 000	62 000	17 000
Net Income	72 000	218 000	60 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	187 000	56 000	0
Total Current Assets	1 038 000	781 000	473 000
Total Assets	1 225 000	837 000	473 000
Total Retained Equity	351 000	278 000	60 000
Total Equity	381 000	308 000	90 000
Total Long-Term Debt	3 000	0	0
Total Current Debt	841 000	529 000	383 000
Total Equity and Debt	1 225 000	837 000	473 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 045 000	816 000	149 000
Other Income	0	0	0
Revenue	1 045 000	816 000	149 000
Cost of Goods Sold	219 000	0	0
Salary Costs	5 000	69 000	0
Depreciation	30 000	14 000	0
Impairment	0	0	0
Expenditure	941 000	535 000	72 000
Operating Profit	102 000	280 000	77 000
Financial Income	0	0	0
Financial Costs	9 000	0	0
Financial Balance	−9 000	0	0
Dividends	0	0	0
Net Income	72 000	218 000	60 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	187 000	56 000	0
Fixtures	0	0	0
Total Tangible Assets	187 000	56 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	187 000	56 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	155 000	116 000	157 000
Total Current Assets	1 038 000	781 000	473 000
Total Assets	1 225 000	837 000	473 000
Total Equity	381 000	308 000	90 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	3 000	0	0
Creditors	460 000	51 000	−34 000
Unpaid Taxes	−11 000	35 000	0
Dividends	0	0	0
Other Current Debt	375 000	381 000	400 000
Total Current Debt	841 000	529 000	383 000
Total Equity and Debt	1 225 000	837 000	473 000

Financial indicators	2022	2021	2020
Return on Equity	18,9 %	70,78 %	66,67 %
Debt-to-Equity Ratio	0,01	0	0
Operating Profit Margin	9,76 %	34,31 %	51,68 %
Current Ratio	1,23	1,48	1,23
Quick Ratio	1,23	1,48	1,23
Equity Ratio	0,31	0,37	0,19
Gross Profit Margin	79,04 %	100 %	100 %