AS VESTSINK

6080 GURSKØY

Finances

Share Ownership

Return on Equity

6,92 %

Current Ratio

4,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 774 000	6 507 000	6 466 000	7 404 000
Net Income	471 000	104 000	137 000	697 000
Total Assets	8 673 000	7 316 000	7 424 000	8 277 000
Total Equity	6 811 000	6 340 000	6 236 000	6 099 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 774 000	6 507 000	6 466 000	7 404 000
Expenditure	7 167 000	6 367 000	6 265 000	6 467 000
Operating Profit	608 000	141 000	201 000	937 000
Financial Income	2 000	2 000	2 000	2 000
Financial Costs	4 000	8 000	25 000	43 000
Financial Balance	−2 000	−6 000	−23 000	−41 000
Earnings Before Tax	606 000	135 000	178 000	895 000
Tax	135 000	31 000	41 000	198 000
Net Income	471 000	104 000	137 000	697 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 054 000	1 110 000	984 000	1 112 000
Total Current Assets	7 619 000	6 205 000	6 440 000	7 165 000
Total Assets	8 673 000	7 316 000	7 424 000	8 277 000
Total Retained Equity	964 000	981 000	890 000	837 000
Total Equity	6 811 000	6 340 000	6 236 000	6 099 000
Total Long-Term Debt	0	0	234 000	547 000
Total Current Debt	1 862 000	976 000	954 000	1 631 000
Total Equity and Debt	8 673 000	7 316 000	7 424 000	8 277 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 774 000	6 447 000	6 466 000	7 404 000
Other Income	0	60 000	0	0
Revenue	7 774 000	6 507 000	6 466 000	7 404 000
Cost of Goods Sold	973 000	1 230 000	1 057 000	1 119 000
Salary Costs	4 096 000	3 488 000	3 435 000	3 596 000
Depreciation	137 000	116 000	111 000	151 000
Impairment	0	0	0	0
Expenditure	7 167 000	6 367 000	6 265 000	6 467 000
Operating Profit	608 000	141 000	201 000	937 000
Financial Income	2 000	2 000	2 000	2 000
Financial Costs	4 000	8 000	25 000	43 000
Financial Balance	−2 000	−6 000	−23 000	−41 000
Dividends	0	0	0	0
Net Income	471 000	104 000	137 000	697 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	224 000	221 000	248 000	265 000
Real Eastate	442 000	474 000	221 000	226 000
Machinery and Plant Facilities	389 000	416 000	515 000	621 000
Fixtures	0	0	0	0
Total Tangible Assets	831 000	890 000	736 000	847 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 054 000	1 110 000	984 000	1 112 000
Stock	4 219 000	3 495 000	3 783 000	3 627 000
Total Investments	0	0	0	0
Cash, Bank	2 122 000	1 976 000	2 237 000	1 959 000
Total Current Assets	7 619 000	6 205 000	6 440 000	7 165 000
Total Assets	8 673 000	7 316 000	7 424 000	8 277 000
Total Equity	6 811 000	6 340 000	6 236 000	6 099 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	234 000	547 000
Creditors	323 000	164 000	204 000	8 000
Unpaid Taxes	545 000	475 000	301 000	447 000
Dividends	0	0	0	0
Other Current Debt	994 000	337 000	449 000	1 176 000
Total Current Debt	1 862 000	976 000	954 000	1 631 000
Total Equity and Debt	8 673 000	7 316 000	7 424 000	8 277 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,92 %	1,64 %	2,2 %	11,43 %
Debt-to-Equity Ratio	0	0	0,04	0,09
Operating Profit Margin	7,82 %	2,17 %	3,11 %	12,66 %
Current Ratio	4,09	6,36	6,75	4,39
Quick Ratio	−3,23	−2,46	−2,28	−3,59
Equity Ratio	0,79	0,87	0,84	0,74
Gross Profit Margin	87,48 %	81,1 %	83,65 %	84,89 %