VEXTA AS

1400 SKI

Finances

Return on Equity

17,54 %

Current Ratio

1,37

Debt-to-Equity Ratio

0,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	100 976 000	88 892 000	84 749 000	94 995 000
Net Income	4 215 000	−490 000	3 589 000	1 843 000
Total Assets	51 165 000	53 446 000	59 708 000	56 358 000
Total Equity	24 032 000	23 819 000	25 403 000	21 698 000

Income (NOK)	2022	2021	2020	2019
Revenue	100 976 000	88 892 000	84 749 000	94 995 000
Expenditure	94 982 000	88 655 000	79 267 000	91 303 000
Operating Profit	5 994 000	237 000	5 482 000	3 692 000
Financial Income	733 000	504 000	372 000	431 000
Financial Costs	961 000	1 064 000	885 000	1 374 000
Financial Balance	−228 000	−560 000	−513 000	−943 000
Earnings Before Tax	5 766 000	−323 000	4 969 000	2 749 000
Tax	1 551 000	167 000	1 380 000	906 000
Net Income	4 215 000	−490 000	3 589 000	1 843 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 578 000	24 916 000	28 425 000	32 442 000
Total Current Assets	29 587 000	28 530 000	31 283 000	23 916 000
Total Assets	51 165 000	53 446 000	59 708 000	56 358 000
Total Retained Equity	23 832 000	23 619 000	25 203 000	21 498 000
Total Equity	24 032 000	23 819 000	25 403 000	21 698 000
Total Long-Term Debt	5 560 000	11 813 000	17 053 000	11 397 000
Total Current Debt	21 572 000	17 814 000	17 251 000	23 263 000
Total Equity and Debt	51 164 000	53 446 000	59 707 000	56 358 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	99 698 000	88 256 000	83 417 000	93 867 000
Other Income	1 278 000	636 000	1 332 000	1 128 000
Revenue	100 976 000	88 892 000	84 749 000	94 995 000
Cost of Goods Sold	12 970 000	11 091 000	10 122 000	9 659 000
Salary Costs	47 257 000	44 229 000	38 802 000	44 514 000
Depreciation	4 386 000	4 414 000	5 015 000	5 817 000
Impairment	0	0	0	0
Expenditure	94 982 000	88 655 000	79 267 000	91 303 000
Operating Profit	5 994 000	237 000	5 482 000	3 692 000
Financial Income	733 000	504 000	372 000	431 000
Financial Costs	961 000	1 064 000	885 000	1 374 000
Financial Balance	−228 000	−560 000	−513 000	−943 000
Dividends	0	0	0	0
Net Income	4 215 000	−490 000	3 589 000	1 843 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	16 883 000	19 594 000	22 067 000	24 541 000
Total Intangible Assets	18 966 000	22 129 000	24 601 000	27 226 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 552 000	2 680 000	3 729 000	5 131 000
Total Tangible Assets	2 552 000	2 680 000	3 729 000	5 131 000
Total Fiancial Fixed Assets	60 000	107 000	95 000	85 000
Total Fixed Assets	21 578 000	24 916 000	28 425 000	32 442 000
Stock	6 846 000	6 185 000	6 162 000	6 171 000
Total Investments	0	0	0	0
Cash, Bank	13 012 000	13 434 000	17 607 000	6 900 000
Total Current Assets	29 587 000	28 530 000	31 283 000	23 916 000
Total Assets	51 165 000	53 446 000	59 708 000	56 358 000
Total Equity	24 032 000	23 819 000	25 403 000	21 698 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 560 000	11 813 000	17 053 000	11 397 000
Creditors	4 151 000	3 242 000	3 727 000	4 980 000
Unpaid Taxes	4 241 000	4 088 000	3 924 000	4 341 000
Dividends	0	0	0	0
Other Current Debt	10 012 000	9 242 000	8 296 000	9 721 000
Total Current Debt	21 572 000	17 814 000	17 251 000	23 263 000
Total Equity and Debt	51 164 000	53 446 000	59 707 000	56 358 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,54 %	−2,06 %	14,13 %	8,49 %
Debt-to-Equity Ratio	0,23	0,5	0,67	0,53
Operating Profit Margin	5,94 %	0,27 %	6,47 %	3,89 %
Current Ratio	1,37	1,6	1,81	1,03
Quick Ratio	2,01	2,45	2,82	1,4
Equity Ratio	0,47	0,45	0,43	0,39
Gross Profit Margin	87,16 %	87,52 %	88,06 %	89,83 %