VESTRE AS

0271 OSLO

Finances

Return on Equity

1,91 %

Current Ratio

1,01

Debt-to-Equity Ratio

1,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	307 561 000	243 129 000	214 593 000	202 519 000
Net Income	2 675 000	10 884 000	22 620 000	26 862 000
Total Assets	469 207 000	462 244 000	227 594 000	155 620 000
Total Equity	140 375 000	140 597 000	142 227 000	110 918 000

Income (NOK)	2022	2021	2020	2019
Revenue	307 561 000	243 129 000	214 593 000	202 519 000
Expenditure	294 793 000	221 381 000	178 029 000	167 063 000
Operating Profit	12 768 000	21 747 000	36 565 000	35 456 000
Financial Income	4 543 000	2 347 000	691 000	464 000
Financial Costs	13 461 000	6 836 000	3 038 000	645 000
Financial Balance	−8 918 000	−4 489 000	−2 347 000	−181 000
Earnings Before Tax	3 850 000	17 259 000	34 218 000	35 274 000
Tax	1 176 000	6 375 000	11 598 000	8 412 000
Net Income	2 675 000	10 884 000	22 620 000	26 862 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	359 910 000	323 721 000	94 849 000	33 476 000
Total Current Assets	109 297 000	138 523 000	132 745 000	122 144 000
Total Assets	469 207 000	462 244 000	227 594 000	155 620 000
Total Retained Equity	140 225 000	140 447 000	142 077 000	110 768 000
Total Equity	140 375 000	140 597 000	142 227 000	110 918 000
Total Long-Term Debt	221 051 000	227 055 000	13 628 000	12 786 000
Total Current Debt	107 782 000	94 593 000	71 739 000	31 916 000
Total Equity and Debt	469 207 000	462 244 000	227 594 000	155 620 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	298 034 000	242 737 000	213 739 000	202 404 000
Other Income	9 527 000	393 000	855 000	116 000
Revenue	307 561 000	243 129 000	214 593 000	202 519 000
Cost of Goods Sold	133 583 000	106 246 000	84 134 000	76 497 000
Salary Costs	73 994 000	55 617 000	47 134 000	36 377 000
Depreciation	13 084 000	4 529 000	3 876 000	3 157 000
Impairment	0	27 000	4 000	0
Expenditure	294 793 000	221 381 000	178 029 000	167 063 000
Operating Profit	12 768 000	21 747 000	36 565 000	35 456 000
Financial Income	4 543 000	2 347 000	691 000	464 000
Financial Costs	13 461 000	6 836 000	3 038 000	645 000
Financial Balance	−8 918 000	−4 489 000	−2 347 000	−181 000
Dividends	1 500 000	0	1 500 000	1 500 000
Net Income	2 675 000	10 884 000	22 620 000	26 862 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 999 000	2 602 000	2 487 000	1 973 000
Real Eastate	264 831 000	243 773 000	57 997 000	16 786 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	84 465 000	75 790 000	30 576 000	11 432 000
Total Tangible Assets	349 296 000	319 564 000	88 573 000	28 218 000
Total Fiancial Fixed Assets	1 614 000	1 555 000	3 789 000	3 285 000
Total Fixed Assets	359 910 000	323 721 000	94 849 000	33 476 000
Stock	36 012 000	33 932 000	27 317 000	23 850 000
Total Investments	0	0	0	0
Cash, Bank	5 357 000	37 230 000	55 373 000	77 606 000
Total Current Assets	109 297 000	138 523 000	132 745 000	122 144 000
Total Assets	469 207 000	462 244 000	227 594 000	155 620 000
Total Equity	140 375 000	140 597 000	142 227 000	110 918 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	221 051 000	227 055 000	13 628 000	12 786 000
Creditors	35 690 000	53 323 000	34 828 000	11 088 000
Unpaid Taxes	4 725 000	7 832 000	13 271 000	4 627 000
Dividends	1 500 000	0	1 500 000	1 500 000
Other Current Debt	37 691 000	29 560 000	11 815 000	7 951 000
Total Current Debt	107 782 000	94 593 000	71 739 000	31 916 000
Total Equity and Debt	469 207 000	462 244 000	227 594 000	155 620 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,91 %	7,74 %	15,9 %	24,22 %
Debt-to-Equity Ratio	1,57	1,61	0,1	0,12
Operating Profit Margin	4,15 %	8,94 %	17,04 %	17,51 %
Current Ratio	1,01	1,46	1,85	3,83
Quick Ratio	1,52	2,28	2,99	15,14
Equity Ratio	0,3	0,3	0,62	0,71
Gross Profit Margin	56,57 %	56,3 %	60,79 %	62,23 %