VESTKANTEN AS

0184 OSLO

Finances

Return on Equity

8,52 %

Current Ratio

1,05

Debt-to-Equity Ratio

0,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	196 550 000	174 860 000	177 984 000	177 874 000
Net Income	34 726 000	31 053 000	39 692 000	40 651 000
Total Assets	854 663 000	847 717 000	845 815 000	859 689 000
Total Equity	407 569 000	436 593 000	456 540 000	416 848 000

Income (NOK)	2022	2021	2020	2019
Revenue	196 550 000	174 860 000	177 984 000	177 874 000
Expenditure	139 442 000	123 115 000	114 751 000	113 569 000
Operating Profit	57 110 000	51 745 000	63 233 000	64 306 000
Financial Income	1 852 000	454 000	572 000	1 025 000
Financial Costs	14 228 000	12 205 000	12 409 000	12 751 000
Financial Balance	−12 376 000	−11 751 000	−11 837 000	−11 726 000
Earnings Before Tax	44 734 000	39 994 000	51 395 000	52 579 000
Tax	10 008 000	8 941 000	11 703 000	11 928 000
Net Income	34 726 000	31 053 000	39 692 000	40 651 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	717 599 000	715 723 000	733 503 000	756 064 000
Total Current Assets	137 064 000	131 993 000	112 311 000	103 625 000
Total Assets	854 663 000	847 717 000	845 815 000	859 689 000
Total Retained Equity	332 026 000	361 049 000	380 997 000	341 305 000
Total Equity	407 569 000	436 593 000	456 540 000	416 848 000
Total Long-Term Debt	316 911 000	324 516 000	326 058 000	363 771 000
Total Current Debt	130 183 000	86 608 000	63 216 000	79 070 000
Total Equity and Debt	854 663 000	847 717 000	845 815 000	859 689 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	196 550 000	174 860 000	177 984 000	177 874 000
Revenue	196 550 000	174 860 000	177 984 000	177 874 000
Cost of Goods Sold	3 915 000	3 067 000	3 653 000	3 424 000
Salary Costs	22 235 000	18 195 000	17 388 000	21 854 000
Depreciation	26 093 000	26 014 000	30 174 000	16 112 000
Impairment	0	0	0	0
Expenditure	139 442 000	123 115 000	114 751 000	113 569 000
Operating Profit	57 110 000	51 745 000	63 233 000	64 306 000
Financial Income	1 852 000	454 000	572 000	1 025 000
Financial Costs	14 228 000	12 205 000	12 409 000	12 751 000
Financial Balance	−12 376 000	−11 751 000	−11 837 000	−11 726 000
Dividends	0	0	0	0
Net Income	34 726 000	31 053 000	39 692 000	40 651 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	104 000	302 000	501 000
Real Eastate	709 562 000	704 185 000	717 320 000	737 244 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 639 000	1 780 000	2 952 000	4 787 000
Total Tangible Assets	711 201 000	705 965 000	720 272 000	742 031 000
Total Fiancial Fixed Assets	6 398 000	9 654 000	12 929 000	13 532 000
Total Fixed Assets	717 599 000	715 723 000	733 503 000	756 064 000
Stock	213 000	243 000	264 000	315 000
Total Investments	0	0	0	0
Cash, Bank	94 060 000	95 598 000	75 145 000	71 299 000
Total Current Assets	137 064 000	131 993 000	112 311 000	103 625 000
Total Assets	854 663 000	847 717 000	845 815 000	859 689 000
Total Equity	407 569 000	436 593 000	456 540 000	416 848 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	316 911 000	324 516 000	326 058 000	363 771 000
Creditors	12 816 000	8 372 000	6 333 000	6 537 000
Unpaid Taxes	4 069 000	4 308 000	5 113 000	3 920 000
Dividends	0	0	0	0
Other Current Debt	38 371 000	32 844 000	37 427 000	37 841 000
Total Current Debt	130 183 000	86 608 000	63 216 000	79 070 000
Total Equity and Debt	854 663 000	847 717 000	845 815 000	859 689 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,52 %	7,11 %	8,69 %	9,75 %
Debt-to-Equity Ratio	0,78	0,74	0,71	0,87
Operating Profit Margin	29,06 %	29,59 %	35,53 %	36,15 %
Current Ratio	1,05	1,52	1,78	1,31
Quick Ratio	1,05	1,53	1,78	1,32
Equity Ratio	0,48	0,52	0,54	0,48
Gross Profit Margin	98,01 %	98,25 %	97,95 %	98,08 %