Vestnor Teknikk A/S

4370 EGERSUND

Finances

Share Ownership

Return on Equity

56,79 %

Current Ratio

1,67

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 574 000	20 591 000	24 845 000	0
Net Income	2 270 000	1 965 000	2 606 000	0
Total Assets	9 896 000	8 797 000	9 850 000	30 000
Total Equity	3 997 000	3 577 000	3 212 000	30 000

Income (NOK)	2022	2021	2020
Revenue	21 574 000	20 591 000	24 845 000
Expenditure	18 651 000	18 144 000	21 230 000
Operating Profit	2 924 000	2 447 000	3 615 000
Financial Income	157 000	179 000	161 000
Financial Costs	170 000	107 000	436 000
Financial Balance	−13 000	72 000	−275 000
Earnings Before Tax	2 911 000	2 520 000	3 340 000
Tax	640 000	555 000	734 000
Net Income	2 270 000	1 965 000	2 606 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	56 000	66 000	77 000	0
Total Current Assets	9 840 000	8 731 000	9 773 000	30 000
Total Assets	9 896 000	8 797 000	9 850 000	30 000
Total Retained Equity	1 183 000	763 000	398 000	0
Total Equity	3 997 000	3 577 000	3 212 000	30 000
Total Long-Term Debt	3 000	3 000	2 000	0
Total Current Debt	5 896 000	5 217 000	6 635 000	0
Total Equity and Debt	9 896 000	8 797 000	9 850 000	30 000

Cash flow (NOK)	2022	2021	2020
Sales Income	21 574 000	20 591 000	24 845 000
Other Income	0	0	0
Revenue	21 574 000	20 591 000	24 845 000
Cost of Goods Sold	11 354 000	11 241 000	14 807 000
Salary Costs	4 659 000	4 660 000	4 292 000
Depreciation	11 000	11 000	10 000
Impairment	0	0	0
Expenditure	18 651 000	18 144 000	21 230 000
Operating Profit	2 924 000	2 447 000	3 615 000
Financial Income	157 000	179 000	161 000
Financial Costs	170 000	107 000	436 000
Financial Balance	−13 000	72 000	−275 000
Dividends	0	0	0
Net Income	2 270 000	1 965 000	2 606 000

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	56 000	66 000	77 000	0
Total Tangible Assets	56 000	66 000	77 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	56 000	66 000	77 000	0
Stock	4 229 000	3 150 000	2 811 000	0
Total Investments	0	0	0	0
Cash, Bank	3 200 000	3 218 000	4 643 000	0
Total Current Assets	9 840 000	8 731 000	9 773 000	30 000
Total Assets	9 896 000	8 797 000	9 850 000	30 000
Total Equity	3 997 000	3 577 000	3 212 000	30 000
Short-Term Group Debt	2 372 000	2 051 000	2 830 000	0
Total Long-Term Debt	3 000	3 000	2 000	0
Creditors	1 870 000	1 589 000	2 009 000	0
Unpaid Taxes	1 123 000	1 051 000	1 148 000	0
Dividends	0	0	0	0
Other Current Debt	412 000	424 000	538 000	0
Total Current Debt	5 896 000	5 217 000	6 635 000	0
Total Equity and Debt	9 896 000	8 797 000	9 850 000	30 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,79 %	54,93 %	81,13 %	0 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,55 %	11,88 %	14,55 %	-
Current Ratio	1,67	1,67	1,47	-
Quick Ratio	5,9	4,22	2,56	-
Equity Ratio	0,4	0,41	0,33	1
Gross Profit Margin	47,37 %	45,41 %	40,4 %	-