VEST FOOD AS

5179 GODVIK

Finances

Share Ownership

Return on Equity

146,28 %

Current Ratio

0,68

Debt-to-Equity Ratio

−2,07

Key figures (NOK)	2022	2021	2020
Revenue	7 653 000	7 052 000	5 023 000
Net Income	−531 000	−5 000	78 000
Total Assets	1 630 000	2 544 000	2 837 000
Total Equity	−363 000	168 000	172 000

Income (NOK)	2022	2021	2020
Revenue	7 653 000	7 052 000	5 023 000
Expenditure	8 094 000	6 970 000	4 860 000
Operating Profit	−442 000	83 000	163 000
Financial Income	2 000	1 000	1 000
Financial Costs	76 000	90 000	64 000
Financial Balance	−74 000	−89 000	−63 000
Earnings Before Tax	−516 000	−6 000	100 000
Tax	15 000	−1 000	22 000
Net Income	−531 000	−5 000	78 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	778 000	1 115 000	1 389 000
Total Current Assets	851 000	1 429 000	1 448 000
Total Assets	1 630 000	2 544 000	2 837 000
Total Retained Equity	−458 000	73 000	78 000
Total Equity	−363 000	168 000	172 000
Total Long-Term Debt	750 000	1 213 000	1 586 000
Total Current Debt	1 243 000	1 163 000	1 078 000
Total Equity and Debt	1 630 000	2 544 000	2 837 000

Cash flow (NOK)	2022	2021	2020
Sales Income	7 653 000	7 052 000	5 023 000
Other Income	0	0	0
Revenue	7 653 000	7 052 000	5 023 000
Cost of Goods Sold	2 280 000	2 036 000	1 374 000
Salary Costs	3 263 000	2 731 000	1 666 000
Depreciation	333 000	330 000	318 000
Impairment	0	0	0
Expenditure	8 094 000	6 970 000	4 860 000
Operating Profit	−442 000	83 000	163 000
Financial Income	2 000	1 000	1 000
Financial Costs	76 000	90 000	64 000
Financial Balance	−74 000	−89 000	−63 000
Dividends	0	0	0
Net Income	−531 000	−5 000	78 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	15 000	0
Real Eastate	182 000	207 000	232 000
Machinery and Plant Facilities	0	0	1 088 000
Fixtures	568 000	852 000	68 000
Total Tangible Assets	750 000	1 059 000	1 389 000
Total Fiancial Fixed Assets	29 000	41 000	0
Total Fixed Assets	778 000	1 115 000	1 389 000
Stock	91 000	128 000	90 000
Total Investments	0	0	0
Cash, Bank	527 000	1 198 000	1 184 000
Total Current Assets	851 000	1 429 000	1 448 000
Total Assets	1 630 000	2 544 000	2 837 000
Total Equity	−363 000	168 000	172 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	750 000	1 213 000	1 586 000
Creditors	549 000	409 000	500 000
Unpaid Taxes	238 000	289 000	219 000
Dividends	0	0	0
Other Current Debt	456 000	450 000	338 000
Total Current Debt	1 243 000	1 163 000	1 078 000
Total Equity and Debt	1 630 000	2 544 000	2 837 000

Financial indicators	2022	2021	2020
Return on Equity	146,28 %	−2,98 %	45,35 %
Debt-to-Equity Ratio	−2,07	7,22	9,22
Operating Profit Margin	−5,78 %	1,18 %	3,25 %
Current Ratio	0,68	1,23	1,34
Quick Ratio	0,74	1,38	1,47
Equity Ratio	−0,22	0,07	0,06
Gross Profit Margin	70,21 %	71,13 %	72,65 %