MØST VESTNES AS

6390 VESTNES

Finances

Return on Equity

6,27 %

Current Ratio

3,39

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 496 000	8 385 000	7 462 000	7 951 000
Net Income	245 000	494 000	414 000	353 000
Total Assets	5 075 000	5 154 000	4 989 000	4 992 000
Total Equity	3 906 000	3 661 000	3 667 000	3 552 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 496 000	8 385 000	7 462 000	7 951 000
Expenditure	8 131 000	7 750 000	6 925 000	7 506 000
Operating Profit	364 000	634 000	538 000	446 000
Financial Income	17 000	2 000	10 000	15 000
Financial Costs	53 000	3 000	17 000	8 000
Financial Balance	−36 000	−1 000	−7 000	7 000
Earnings Before Tax	328 000	634 000	531 000	452 000
Tax	83 000	139 000	117 000	100 000
Net Income	245 000	494 000	414 000	353 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 173 000	1 354 000	1 452 000	1 555 000
Total Current Assets	3 903 000	3 800 000	3 537 000	3 436 000
Total Assets	5 075 000	5 154 000	4 989 000	4 992 000
Total Retained Equity	3 806 000	3 561 000	3 567 000	3 452 000
Total Equity	3 906 000	3 661 000	3 667 000	3 552 000
Total Long-Term Debt	16 000	28 000	35 000	29 000
Total Current Debt	1 153 000	1 465 000	1 288 000	1 411 000
Total Equity and Debt	5 075 000	5 154 000	4 989 000	4 992 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 496 000	8 385 000	7 426 000	7 951 000
Other Income	0	0	36 000	0
Revenue	8 496 000	8 385 000	7 462 000	7 951 000
Cost of Goods Sold	4 888 000	4 592 000	4 186 000	4 252 000
Salary Costs	2 143 000	2 090 000	1 778 000	2 185 000
Depreciation	161 000	155 000	129 000	139 000
Impairment	0	0	0	0
Expenditure	8 131 000	7 750 000	6 925 000	7 506 000
Operating Profit	364 000	634 000	538 000	446 000
Financial Income	17 000	2 000	10 000	15 000
Financial Costs	53 000	3 000	17 000	8 000
Financial Balance	−36 000	−1 000	−7 000	7 000
Dividends	0	300 000	300 000	300 000
Net Income	245 000	494 000	414 000	353 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	41 000	49 000	57 000	65 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	534 000	669 000	714 000	757 000
Total Tangible Assets	534 000	669 000	714 000	757 000
Total Fiancial Fixed Assets	598 000	636 000	681 000	734 000
Total Fixed Assets	1 173 000	1 354 000	1 452 000	1 555 000
Stock	1 737 000	1 638 000	1 592 000	1 388 000
Total Investments	0	0	0	0
Cash, Bank	1 930 000	1 985 000	1 870 000	2 062 000
Total Current Assets	3 903 000	3 800 000	3 537 000	3 436 000
Total Assets	5 075 000	5 154 000	4 989 000	4 992 000
Total Equity	3 906 000	3 661 000	3 667 000	3 552 000
Short-Term Group Debt	0	14 000	42 000	39 000
Total Long-Term Debt	16 000	28 000	35 000	29 000
Creditors	234 000	156 000	194 000	291 000
Unpaid Taxes	384 000	410 000	359 000	405 000
Dividends	0	300 000	300 000	300 000
Other Current Debt	440 000	439 000	283 000	280 000
Total Current Debt	1 153 000	1 465 000	1 288 000	1 411 000
Total Equity and Debt	5 075 000	5 154 000	4 989 000	4 992 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,27 %	13,49 %	11,29 %	9,94 %
Debt-to-Equity Ratio	0	0,01	0,01	0,01
Operating Profit Margin	4,28 %	7,56 %	7,21 %	5,61 %
Current Ratio	3,39	2,59	2,75	2,44
Quick Ratio	−6,68	−21,97	−11,63	149,39
Equity Ratio	0,77	0,71	0,74	0,71
Gross Profit Margin	42,47 %	45,24 %	43,9 %	46,52 %