VESTNES RENOVASJON AS

6390 VESTNES

Finances

Share Ownership

Return on Equity

42,63 %

Current Ratio

1,17

Debt-to-Equity Ratio

0,95

Key figures (NOK)	2022	2021	2020
Revenue	40 229 000	33 663 000	33 340 000
Net Income	11 371 000	8 689 000	8 924 000
Total Assets	69 975 000	57 092 000	52 151 000
Total Equity	26 673 000	24 302 000	22 920 000

Income (NOK)	2022	2021	2020
Revenue	40 229 000	33 663 000	33 340 000
Expenditure	24 999 000	21 973 000	21 241 000
Operating Profit	15 231 000	11 691 000	12 099 000
Financial Income	195 000	45 000	48 000
Financial Costs	835 000	570 000	676 000
Financial Balance	−640 000	−525 000	−628 000
Earnings Before Tax	14 590 000	11 166 000	11 471 000
Tax	3 220 000	2 476 000	2 547 000
Net Income	11 371 000	8 689 000	8 924 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	48 810 000	45 386 000	40 427 000
Total Current Assets	21 165 000	11 707 000	11 724 000
Total Assets	69 975 000	57 092 000	52 151 000
Total Retained Equity	7 753 000	5 382 000	0
Total Equity	26 673 000	24 302 000	22 920 000
Total Long-Term Debt	25 215 000	25 746 000	17 832 000
Total Current Debt	18 087 000	7 045 000	11 399 000
Total Equity and Debt	69 975 000	57 092 000	52 151 000

Cash flow (NOK)	2022	2021	2020
Sales Income	39 730 000	33 590 000	32 689 000
Other Income	499 000	74 000	650 000
Revenue	40 229 000	33 663 000	33 340 000
Cost of Goods Sold	2 346 000	1 979 000	2 091 000
Salary Costs	8 506 000	8 131 000	8 230 000
Depreciation	3 767 000	3 271 000	3 111 000
Impairment	0	0	0
Expenditure	24 999 000	21 973 000	21 241 000
Operating Profit	15 231 000	11 691 000	12 099 000
Financial Income	195 000	45 000	48 000
Financial Costs	835 000	570 000	676 000
Financial Balance	−640 000	−525 000	−628 000
Dividends	9 000 000	0	4 900 000
Net Income	11 371 000	8 689 000	8 924 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	1 689 000	1 332 000	109 000
Real Eastate	44 780 000	41 681 000	37 769 000
Machinery and Plant Facilities	839 000	881 000	1 001 000
Fixtures	771 000	401 000	551 000
Total Tangible Assets	46 390 000	42 964 000	39 321 000
Total Fiancial Fixed Assets	731 000	1 090 000	996 000
Total Fixed Assets	48 810 000	45 386 000	40 427 000
Stock	1 132 000	496 000	1 157 000
Total Investments	0	0	0
Cash, Bank	13 250 000	6 624 000	5 260 000
Total Current Assets	21 165 000	11 707 000	11 724 000
Total Assets	69 975 000	57 092 000	52 151 000
Total Equity	26 673 000	24 302 000	22 920 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	25 215 000	25 746 000	17 832 000
Creditors	2 260 000	993 000	1 264 000
Unpaid Taxes	1 092 000	1 020 000	1 232 000
Dividends	9 000 000	0	4 900 000
Other Current Debt	2 153 000	1 330 000	1 310 000
Total Current Debt	18 087 000	7 045 000	11 399 000
Total Equity and Debt	69 975 000	57 092 000	52 151 000

Financial indicators	2022	2021	2020
Return on Equity	42,63 %	35,75 %	38,94 %
Debt-to-Equity Ratio	0,95	1,06	0,78
Operating Profit Margin	37,86 %	34,73 %	36,29 %
Current Ratio	1,17	1,66	1,03
Quick Ratio	1,25	1,79	1,14
Equity Ratio	0,38	0,43	0,44
Gross Profit Margin	94,17 %	94,12 %	93,73 %