UT VESTLAND AS

6800 FØRDE

Finances

Share Ownership

Return on Equity

0,41 %

Current Ratio

3,61

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 491 000	11 096 000	10 748 000	8 988 000
Net Income	18 000	651 000	611 000	−222 000
Total Assets	6 111 000	6 515 000	6 276 000	6 105 000
Total Equity	4 419 000	4 401 000	4 200 000	4 089 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 491 000	11 096 000	10 748 000	8 988 000
Expenditure	9 378 000	10 238 000	9 955 000	9 137 000
Operating Profit	114 000	858 000	794 000	−148 000
Financial Income	0	0	0	0
Financial Costs	63 000	11 000	54 000	75 000
Financial Balance	−63 000	−11 000	−54 000	−75 000
Earnings Before Tax	51 000	847 000	740 000	−222 000
Tax	33 000	196 000	129 000	0
Net Income	18 000	651 000	611 000	−222 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	6 111 000	6 515 000	6 276 000	6 105 000
Total Assets	6 111 000	6 515 000	6 276 000	6 105 000
Total Retained Equity	2 871 000	2 853 000	2 651 000	2 541 000
Total Equity	4 419 000	4 401 000	4 200 000	4 089 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 691 000	2 114 000	2 077 000	2 015 000
Total Equity and Debt	6 111 000	6 515 000	6 276 000	6 105 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 491 000	11 096 000	10 748 000	8 982 000
Other Income	0	0	0	6 000
Revenue	9 491 000	11 096 000	10 748 000	8 988 000
Cost of Goods Sold	5 534 000	6 486 000	6 381 000	5 091 000
Salary Costs	2 178 000	2 191 000	1 972 000	2 437 000
Depreciation	0	0	0	3 000
Impairment	0	0	0	0
Expenditure	9 378 000	10 238 000	9 955 000	9 137 000
Operating Profit	114 000	858 000	794 000	−148 000
Financial Income	0	0	0	0
Financial Costs	63 000	11 000	54 000	75 000
Financial Balance	−63 000	−11 000	−54 000	−75 000
Dividends	0	450 000	500 000	0
Net Income	18 000	651 000	611 000	−222 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	5 760 000	5 642 000	4 961 000	5 893 000
Total Investments	0	0	0	0
Cash, Bank	201 000	709 000	1 243 000	136 000
Total Current Assets	6 111 000	6 515 000	6 276 000	6 105 000
Total Assets	6 111 000	6 515 000	6 276 000	6 105 000
Total Equity	4 419 000	4 401 000	4 200 000	4 089 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	667 000	787 000	831 000	491 000
Unpaid Taxes	393 000	449 000	457 000	478 000
Dividends	0	450 000	500 000	0
Other Current Debt	229 000	231 000	159 000	196 000
Total Current Debt	1 691 000	2 114 000	2 077 000	2 015 000
Total Equity and Debt	6 111 000	6 515 000	6 276 000	6 105 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,41 %	14,79 %	14,55 %	−5,43 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,2 %	7,73 %	7,39 %	−1,65 %
Current Ratio	3,61	3,08	3,02	3,03
Quick Ratio	−1,5	−1,85	−2,18	−1,57
Equity Ratio	0,72	0,68	0,67	0,67
Gross Profit Margin	41,69 %	41,55 %	40,63 %	43,36 %