VEST ELEKTRO AS

6900 FLORØ

Finances

Return on Equity

5,1 %

Current Ratio

26,89

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	194 000	446 000	557 000	1 256 000
Net Income	1 012 000	−2 025 000	225 000	−108 000
Total Assets	20 314 000	19 669 000	26 968 000	13 619 000
Total Equity	19 859 000	19 446 000	21 536 000	9 044 000

Income (NOK)	2022	2021	2020	2019
Revenue	194 000	446 000	557 000	1 256 000
Expenditure	483 000	760 000	675 000	817 000
Operating Profit	−289 000	−315 000	−118 000	439 000
Financial Income	1 696 000	33 000	914 000	18 000
Financial Costs	0	1 829 000	263 000	501 000
Financial Balance	1 696 000	−1 796 000	651 000	−483 000
Earnings Before Tax	1 407 000	−2 111 000	533 000	−44 000
Tax	394 000	−86 000	308 000	64 000
Net Income	1 012 000	−2 025 000	225 000	−108 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 060 000	15 125 000	12 186 000	12 665 000
Total Current Assets	3 254 000	4 544 000	14 782 000	954 000
Total Assets	20 314 000	19 669 000	26 968 000	13 619 000
Total Retained Equity	18 371 000	17 958 000	20 048 000	7 535 000
Total Equity	19 859 000	19 446 000	21 536 000	9 044 000
Total Long-Term Debt	334 000	0	26 000	0
Total Current Debt	121 000	223 000	5 405 000	4 575 000
Total Equity and Debt	20 314 000	19 669 000	26 968 000	13 619 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	194 000	144 000	7 000	1 256 000
Other Income	0	302 000	550 000	0
Revenue	194 000	446 000	557 000	1 256 000
Cost of Goods Sold	185 000	426 000	421 000	0
Salary Costs	173 000	134 000	112 000	126 000
Depreciation	7 000	7 000	7 000	39 000
Impairment	0	0	0	0
Expenditure	483 000	760 000	675 000	817 000
Operating Profit	−289 000	−315 000	−118 000	439 000
Financial Income	1 696 000	33 000	914 000	18 000
Financial Costs	0	1 829 000	263 000	501 000
Financial Balance	1 696 000	−1 796 000	651 000	−483 000
Dividends	600 000	65 000	400 000	500 000
Net Income	1 012 000	−2 025 000	225 000	−108 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	60 000	0	297 000
Real Eastate	0	0	0	570 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	19 000	26 000	33 000	41 000
Total Tangible Assets	19 000	26 000	33 000	611 000
Total Fiancial Fixed Assets	17 041 000	15 039 000	12 153 000	11 757 000
Total Fixed Assets	17 060 000	15 125 000	12 186 000	12 665 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 114 000	2 559 000	6 000	6 000
Total Current Assets	3 254 000	4 544 000	14 782 000	954 000
Total Assets	20 314 000	19 669 000	26 968 000	13 619 000
Total Equity	19 859 000	19 446 000	21 536 000	9 044 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	334 000	0	26 000	0
Creditors	29 000	127 000	87 000	67 000
Unpaid Taxes	14 000	13 000	37 000	39 000
Dividends	600 000	65 000	400 000	500 000
Other Current Debt	79 000	83 000	41 000	135 000
Total Current Debt	121 000	223 000	5 405 000	4 575 000
Total Equity and Debt	20 314 000	19 669 000	26 968 000	13 619 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,1 %	−10,41 %	1,04 %	−1,19 %
Debt-to-Equity Ratio	0,02	0	0	0
Operating Profit Margin	−148,97 %	−70,63 %	−21,18 %	34,95 %
Current Ratio	26,89	20,38	2,73	0,21
Quick Ratio	26,89	20,38	2,73	0,21
Equity Ratio	0,98	0,99	0,8	0,66
Gross Profit Margin	4,64 %	4,48 %	24,42 %	100 %