VEST-TELEMARK BLAD AS

3850 KVITESEID

Finances

Return on Equity

19,9 %

Current Ratio

2,51

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 295 000	18 413 000	15 434 000	16 270 000
Net Income	2 263 000	2 312 000	1 604 000	1 323 000
Total Assets	19 004 000	18 040 000	12 427 000	11 221 000
Total Equity	11 371 000	9 109 000	6 797 000	5 193 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 295 000	18 413 000	15 434 000	16 270 000
Expenditure	16 542 000	15 508 000	13 509 000	14 927 000
Operating Profit	2 753 000	2 905 000	1 925 000	1 342 000
Financial Income	151 000	59 000	132 000	117 000
Financial Costs	2 000	0	0	0
Financial Balance	149 000	59 000	132 000	117 000
Earnings Before Tax	2 901 000	2 964 000	2 056 000	1 459 000
Tax	639 000	653 000	452 000	136 000
Net Income	2 263 000	2 312 000	1 604 000	1 323 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 000	1 000	1 000	1 000
Total Current Assets	19 003 000	18 039 000	12 426 000	11 220 000
Total Assets	19 004 000	18 040 000	12 427 000	11 221 000
Total Retained Equity	10 914 000	8 651 000	6 339 000	4 736 000
Total Equity	11 371 000	9 109 000	6 797 000	5 193 000
Total Long-Term Debt	54 000	61 000	78 000	78 000
Total Current Debt	7 579 000	8 871 000	5 553 000	5 950 000
Total Equity and Debt	19 004 000	18 040 000	12 427 000	11 221 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 526 000	17 556 000	14 458 000	15 799 000
Other Income	768 000	857 000	975 000	470 000
Revenue	19 295 000	18 413 000	15 434 000	16 270 000
Cost of Goods Sold	3 932 000	3 283 000	3 177 000	3 373 000
Salary Costs	9 595 000	9 402 000	7 763 000	8 511 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	16 542 000	15 508 000	13 509 000	14 927 000
Operating Profit	2 753 000	2 905 000	1 925 000	1 342 000
Financial Income	151 000	59 000	132 000	117 000
Financial Costs	2 000	0	0	0
Financial Balance	149 000	59 000	132 000	117 000
Dividends	0	0	0	0
Net Income	2 263 000	2 312 000	1 604 000	1 323 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	1 000	1 000	1 000	1 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	17 316 000	16 261 000	11 121 000	9 507 000
Total Current Assets	19 003 000	18 039 000	12 426 000	11 220 000
Total Assets	19 004 000	18 040 000	12 427 000	11 221 000
Total Equity	11 371 000	9 109 000	6 797 000	5 193 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	54 000	61 000	78 000	78 000
Creditors	706 000	885 000	305 000	358 000
Unpaid Taxes	716 000	993 000	623 000	729 000
Dividends	0	0	0	0
Other Current Debt	5 511 000	6 324 000	4 173 000	4 804 000
Total Current Debt	7 579 000	8 871 000	5 553 000	5 950 000
Total Equity and Debt	19 004 000	18 040 000	12 427 000	11 221 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,9 %	25,38 %	23,6 %	25,48 %
Debt-to-Equity Ratio	0	0,01	0,01	0,02
Operating Profit Margin	14,27 %	15,78 %	12,47 %	8,25 %
Current Ratio	2,51	2,03	2,24	1,89
Quick Ratio	2,51	2,03	2,24	1,89
Equity Ratio	0,6	0,5	0,55	0,46
Gross Profit Margin	79,62 %	82,17 %	79,42 %	79,27 %