VEST-TELEMARK NÆRINGSBYGG AS

3850 KVITESEID

Finances

Return on Equity

4,61 %

Current Ratio

4,13

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 800 000	4 546 000	5 386 000	5 518 000
Net Income	1 876 000	950 000	553 000	−512 000
Total Assets	42 473 000	40 774 000	40 384 000	39 901 000
Total Equity	40 699 000	38 823 000	37 873 000	37 320 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 800 000	4 546 000	5 386 000	5 518 000
Expenditure	3 469 000	3 448 000	4 830 000	6 330 000
Operating Profit	2 332 000	1 098 000	556 000	−811 000
Financial Income	69 000	111 000	143 000	164 000
Financial Costs	7 000	4 000	1 000	24 000
Financial Balance	62 000	107 000	142 000	140 000
Earnings Before Tax	2 394 000	1 205 000	698 000	−671 000
Tax	518 000	256 000	145 000	−159 000
Net Income	1 876 000	950 000	553 000	−512 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	36 286 000	37 190 000	35 854 000	33 510 000
Total Current Assets	6 187 000	3 584 000	4 530 000	6 391 000
Total Assets	42 473 000	40 774 000	40 384 000	39 901 000
Total Retained Equity	28 748 000	26 872 000	25 923 000	25 370 000
Total Equity	40 699 000	38 823 000	37 873 000	37 320 000
Total Long-Term Debt	276 000	0	0	0
Total Current Debt	1 498 000	1 951 000	2 511 000	2 580 000
Total Equity and Debt	42 473 000	40 774 000	40 384 000	39 901 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	948 000	816 000	672 000	1 087 000
Other Income	4 852 000	3 729 000	4 714 000	4 431 000
Revenue	5 800 000	4 546 000	5 386 000	5 518 000
Cost of Goods Sold	0	0	414 000	8 000
Salary Costs	1 528 000	1 371 000	1 871 000	2 619 000
Depreciation	713 000	643 000	565 000	887 000
Impairment	0	0	0	0
Expenditure	3 469 000	3 448 000	4 830 000	6 330 000
Operating Profit	2 332 000	1 098 000	556 000	−811 000
Financial Income	69 000	111 000	143 000	164 000
Financial Costs	7 000	4 000	1 000	24 000
Financial Balance	62 000	107 000	142 000	140 000
Dividends	0	0	0	0
Net Income	1 876 000	950 000	553 000	−512 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	242 000	498 000	642 000
Real Eastate	18 995 000	19 616 000	18 224 000	16 060 000
Machinery and Plant Facilities	0	0	0	40 000
Fixtures	16 000	54 000	64 000	0
Total Tangible Assets	19 011 000	19 670 000	18 289 000	16 100 000
Total Fiancial Fixed Assets	17 275 000	17 277 000	17 067 000	16 767 000
Total Fixed Assets	36 286 000	37 190 000	35 854 000	33 510 000
Stock	326 000	39 000	0	0
Total Investments	0	0	0	0
Cash, Bank	5 388 000	2 711 000	4 027 000	5 244 000
Total Current Assets	6 187 000	3 584 000	4 530 000	6 391 000
Total Assets	42 473 000	40 774 000	40 384 000	39 901 000
Total Equity	40 699 000	38 823 000	37 873 000	37 320 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	276 000	0	0	0
Creditors	156 000	450 000	901 000	119 000
Unpaid Taxes	260 000	257 000	70 000	148 000
Dividends	0	0	0	0
Other Current Debt	1 082 000	1 244 000	1 540 000	2 314 000
Total Current Debt	1 498 000	1 951 000	2 511 000	2 580 000
Total Equity and Debt	42 473 000	40 774 000	40 384 000	39 901 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,61 %	2,45 %	1,46 %	−1,37 %
Debt-to-Equity Ratio	0,01	0	0	0
Operating Profit Margin	40,21 %	24,15 %	10,32 %	−14,7 %
Current Ratio	4,13	1,84	1,8	2,48
Quick Ratio	5,28	1,87	1,8	2,48
Equity Ratio	0,96	0,95	0,94	0,94
Gross Profit Margin	100 %	100 %	92,31 %	99,86 %