VEST TRAKTOR AS

6800 FØRDE

Finances

Share Ownership

Return on Equity

39,01 %

Current Ratio

1,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	72 531 000	49 698 000	57 294 000	46 646 000
Net Income	5 191 000	3 351 000	1 974 000	684 000
Total Assets	50 003 000	44 693 000	30 074 000	24 339 000
Total Equity	13 308 000	8 117 000	4 766 000	4 292 000

Income (NOK)	2022	2021	2020	2019
Revenue	72 531 000	49 698 000	57 294 000	46 646 000
Expenditure	65 161 000	45 117 000	54 631 000	45 637 000
Operating Profit	7 370 000	4 582 000	2 663 000	1 009 000
Financial Income	38 000	19 000	56 000	10 000
Financial Costs	753 000	304 000	188 000	141 000
Financial Balance	−715 000	−285 000	−132 000	−131 000
Earnings Before Tax	6 655 000	4 297 000	2 530 000	877 000
Tax	1 464 000	945 000	557 000	193 000
Net Income	5 191 000	3 351 000	1 974 000	684 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	621 000	549 000	642 000	264 000
Total Current Assets	49 382 000	44 145 000	29 431 000	24 076 000
Total Assets	50 003 000	44 693 000	30 074 000	24 339 000
Total Retained Equity	12 108 000	6 917 000	3 566 000	3 092 000
Total Equity	13 308 000	8 117 000	4 766 000	4 292 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	36 695 000	36 577 000	25 308 000	20 048 000
Total Equity and Debt	50 003 000	44 693 000	30 074 000	24 339 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	71 001 000	49 605 000	56 740 000	46 646 000
Other Income	1 531 000	93 000	554 000	0
Revenue	72 531 000	49 698 000	57 294 000	46 646 000
Cost of Goods Sold	53 573 000	34 898 000	45 014 000	36 794 000
Salary Costs	7 139 000	6 337 000	6 294 000	5 781 000
Depreciation	149 000	138 000	66 000	67 000
Impairment	0	0	0	0
Expenditure	65 161 000	45 117 000	54 631 000	45 637 000
Operating Profit	7 370 000	4 582 000	2 663 000	1 009 000
Financial Income	38 000	19 000	56 000	10 000
Financial Costs	753 000	304 000	188 000	141 000
Financial Balance	−715 000	−285 000	−132 000	−131 000
Dividends	0	0	1 500 000	4 000 000
Net Income	5 191 000	3 351 000	1 974 000	684 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	185 000	191 000	185 000	169 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	166 000	222 000	278 000	0
Fixtures	270 000	136 000	180 000	95 000
Total Tangible Assets	436 000	357 000	458 000	95 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	621 000	549 000	642 000	264 000
Stock	33 133 000	28 678 000	17 333 000	15 142 000
Total Investments	0	0	0	0
Cash, Bank	251 000	282 000	203 000	486 000
Total Current Assets	49 382 000	44 145 000	29 431 000	24 076 000
Total Assets	50 003 000	44 693 000	30 074 000	24 339 000
Total Equity	13 308 000	8 117 000	4 766 000	4 292 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 021 000	5 341 000	3 465 000	14 097 000
Unpaid Taxes	414 000	456 000	1 364 000	260 000
Dividends	0	0	1 500 000	4 000 000
Other Current Debt	2 647 000	3 877 000	4 479 000	1 541 000
Total Current Debt	36 695 000	36 577 000	25 308 000	20 048 000
Total Equity and Debt	50 003 000	44 693 000	30 074 000	24 339 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,01 %	41,28 %	41,42 %	15,94 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,16 %	9,22 %	4,65 %	2,16 %
Current Ratio	1,35	1,21	1,16	1,2
Quick Ratio	13,86	5,59	3,69	4,91
Equity Ratio	0,27	0,18	0,16	0,18
Gross Profit Margin	26,14 %	29,78 %	21,43 %	21,12 %