VESTBYGG AS

6967 HELLEVIK I FJALER

Finances

Return on Equity

25,62 %

Current Ratio

1,8

Debt-to-Equity Ratio

0,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	52 916 000	43 320 000	35 607 000	43 631 000
Net Income	3 090 000	1 898 000	734 000	1 074 000
Total Assets	32 675 000	18 392 000	20 437 000	23 186 000
Total Equity	12 062 000	10 501 000	11 358 000	11 612 000

Income (NOK)	2022	2021	2020	2019
Revenue	52 916 000	43 320 000	35 607 000	43 631 000
Expenditure	48 824 000	41 229 000	34 636 000	42 500 000
Operating Profit	4 092 000	2 092 000	971 000	1 130 000
Financial Income	17 000	360 000	76 000	11 000
Financial Costs	141 000	110 000	125 000	94 000
Financial Balance	−124 000	250 000	−49 000	−83 000
Earnings Before Tax	3 968 000	2 341 000	922 000	1 047 000
Tax	877 000	443 000	188 000	−27 000
Net Income	3 090 000	1 898 000	734 000	1 074 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	592 000	604 000	2 635 000	1 396 000
Total Current Assets	32 083 000	17 787 000	17 801 000	21 790 000
Total Assets	32 675 000	18 392 000	20 437 000	23 186 000
Total Retained Equity	11 562 000	10 001 000	10 858 000	11 112 000
Total Equity	12 062 000	10 501 000	11 358 000	11 612 000
Total Long-Term Debt	2 812 000	2 011 000	2 205 000	2 547 000
Total Current Debt	17 801 000	5 880 000	6 873 000	9 028 000
Total Equity and Debt	32 675 000	18 392 000	20 437 000	23 186 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	52 916 000	42 174 000	35 407 000	43 631 000
Other Income	0	1 146 000	200 000	0
Revenue	52 916 000	43 320 000	35 607 000	43 631 000
Cost of Goods Sold	40 939 000	33 621 000	27 606 000	36 224 000
Salary Costs	5 282 000	5 037 000	4 708 000	4 407 000
Depreciation	208 000	175 000	105 000	64 000
Impairment	0	0	0	0
Expenditure	48 824 000	41 229 000	34 636 000	42 500 000
Operating Profit	4 092 000	2 092 000	971 000	1 130 000
Financial Income	17 000	360 000	76 000	11 000
Financial Costs	141 000	110 000	125 000	94 000
Financial Balance	−124 000	250 000	−49 000	−83 000
Dividends	0	2 152 000	0	600 000
Net Income	3 090 000	1 898 000	734 000	1 074 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	85 000
Real Eastate	196 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	376 000	584 000	739 000	98 000
Total Tangible Assets	572 000	584 000	739 000	98 000
Total Fiancial Fixed Assets	20 000	20 000	1 896 000	1 213 000
Total Fixed Assets	592 000	604 000	2 635 000	1 396 000
Stock	18 834 000	10 660 000	11 993 000	11 361 000
Total Investments	0	0	0	0
Cash, Bank	1 224 000	1 206 000	229 000	174 000
Total Current Assets	32 083 000	17 787 000	17 801 000	21 790 000
Total Assets	32 675 000	18 392 000	20 437 000	23 186 000
Total Equity	12 062 000	10 501 000	11 358 000	11 612 000
Short-Term Group Debt	1 706 000	774 000	1 181 000	0
Total Long-Term Debt	2 812 000	2 011 000	2 205 000	2 547 000
Creditors	5 553 000	2 887 000	3 045 000	4 563 000
Unpaid Taxes	2 113 000	324 000	682 000	1 005 000
Dividends	0	2 152 000	0	600 000
Other Current Debt	560 000	654 000	1 055 000	1 591 000
Total Current Debt	17 801 000	5 880 000	6 873 000	9 028 000
Total Equity and Debt	32 675 000	18 392 000	20 437 000	23 186 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,62 %	18,07 %	6,46 %	9,25 %
Debt-to-Equity Ratio	0,23	0,19	0,19	0,22
Operating Profit Margin	7,73 %	4,83 %	2,73 %	2,59 %
Current Ratio	1,8	3,03	2,59	2,41
Quick Ratio	−31,06	−3,72	−3,48	−9,34
Equity Ratio	0,37	0,57	0,56	0,5
Gross Profit Margin	22,63 %	22,39 %	22,47 %	16,98 %