Vestlandsnytt AS

6090 FOSNAVÅG

Finances

Share Ownership

Return on Equity

16,17 %

Current Ratio

2,91

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 087 000	13 398 000	12 136 000	12 185 000
Net Income	2 398 000	2 636 000	1 588 000	1 779 000
Total Assets	23 762 000	19 306 000	15 594 000	14 566 000
Total Equity	14 834 000	11 762 000	9 126 000	7 538 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 087 000	13 398 000	12 136 000	12 185 000
Expenditure	11 336 000	10 328 000	10 116 000	10 073 000
Operating Profit	2 752 000	3 070 000	2 019 000	2 111 000
Financial Income	393 000	92 000	109 000	266 000
Financial Costs	58 000	66 000	79 000	85 000
Financial Balance	335 000	26 000	30 000	181 000
Earnings Before Tax	3 086 000	3 095 000	2 048 000	2 292 000
Tax	688 000	459 000	460 000	513 000
Net Income	2 398 000	2 636 000	1 588 000	1 779 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 282 000	2 515 000	3 103 000	3 685 000
Total Current Assets	21 480 000	16 790 000	12 491 000	10 881 000
Total Assets	23 762 000	19 306 000	15 594 000	14 566 000
Total Retained Equity	7 745 000	7 734 000	6 148 000	4 560 000
Total Equity	14 834 000	11 762 000	9 126 000	7 538 000
Total Long-Term Debt	1 558 000	1 966 000	2 818 000	3 184 000
Total Current Debt	7 370 000	5 578 000	3 650 000	3 844 000
Total Equity and Debt	23 762 000	19 306 000	15 594 000	14 566 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 756 000	13 121 000	11 832 000	11 834 000
Other Income	331 000	277 000	304 000	351 000
Revenue	14 087 000	13 398 000	12 136 000	12 185 000
Cost of Goods Sold	2 481 000	2 349 000	2 171 000	2 179 000
Salary Costs	4 477 000	3 572 000	3 653 000	4 059 000
Depreciation	531 000	564 000	607 000	589 000
Impairment	0	0	0	0
Expenditure	11 336 000	10 328 000	10 116 000	10 073 000
Operating Profit	2 752 000	3 070 000	2 019 000	2 111 000
Financial Income	393 000	92 000	109 000	266 000
Financial Costs	58 000	66 000	79 000	85 000
Financial Balance	335 000	26 000	30 000	181 000
Dividends	0	0	0	0
Net Income	2 398 000	2 636 000	1 588 000	1 779 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	112 000	99 000	191 000	253 000
Real Eastate	1 922 000	2 250 000	2 638 000	3 017 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	238 000	156 000	241 000	325 000
Total Tangible Assets	2 160 000	2 406 000	2 879 000	3 342 000
Total Fiancial Fixed Assets	10 000	10 000	33 000	90 000
Total Fixed Assets	2 282 000	2 515 000	3 103 000	3 685 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	11 651 000	10 157 000
Total Current Assets	21 480 000	16 790 000	12 491 000	10 881 000
Total Assets	23 762 000	19 306 000	15 594 000	14 566 000
Total Equity	14 834 000	11 762 000	9 126 000	7 538 000
Short-Term Group Debt	3 061 000	1 050 000	0	0
Total Long-Term Debt	1 558 000	1 966 000	2 818 000	3 184 000
Creditors	745 000	593 000	452 000	558 000
Unpaid Taxes	330 000	313 000	261 000	339 000
Dividends	0	0	0	0
Other Current Debt	3 233 000	3 247 000	2 481 000	2 418 000
Total Current Debt	7 370 000	5 578 000	3 650 000	3 844 000
Total Equity and Debt	23 762 000	19 306 000	15 594 000	14 566 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,17 %	22,41 %	17,4 %	23,6 %
Debt-to-Equity Ratio	0,11	0,17	0,31	0,42
Operating Profit Margin	19,54 %	22,91 %	16,64 %	17,32 %
Current Ratio	2,91	3,01	3,42	2,83
Quick Ratio	2,91	3,01	3,42	2,83
Equity Ratio	0,62	0,61	0,59	0,52
Gross Profit Margin	82,39 %	82,47 %	82,11 %	82,12 %