VESTBO DRIFT AS

5160 LAKSEVÅG

Finances

Share Ownership

Return on Equity

11,27 %

Current Ratio

1,1

Debt-to-Equity Ratio

1,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	51 270 000	54 144 000	49 375 000	47 153 000
Net Income	562 000	951 000	1 115 000	1 257 000
Total Assets	20 462 000	20 408 000	20 175 000	16 912 000
Total Equity	4 985 000	4 998 000	5 290 000	5 300 000

Income (NOK)	2022	2021	2020	2019
Revenue	51 270 000	54 144 000	49 375 000	47 153 000
Expenditure	50 445 000	52 846 000	47 931 000	45 526 000
Operating Profit	825 000	1 298 000	1 445 000	1 626 000
Financial Income	0	0	1 000	4 000
Financial Costs	89 000	24 000	1 000	4 000
Financial Balance	−89 000	−24 000	0	0
Earnings Before Tax	736 000	1 274 000	1 444 000	1 626 000
Tax	174 000	323 000	329 000	369 000
Net Income	562 000	951 000	1 115 000	1 257 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 978 000	9 529 000	8 919 000	8 037 000
Total Current Assets	11 484 000	10 878 000	11 256 000	8 875 000
Total Assets	20 462 000	20 408 000	20 175 000	16 912 000
Total Retained Equity	3 478 000	3 492 000	3 783 000	3 793 000
Total Equity	4 985 000	4 998 000	5 290 000	5 300 000
Total Long-Term Debt	5 045 000	643 000	662 000	764 000
Total Current Debt	10 432 000	14 767 000	14 223 000	10 849 000
Total Equity and Debt	20 462 000	20 408 000	20 175 000	16 912 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	51 270 000	54 144 000	49 375 000	47 153 000
Other Income	0	0	0	0
Revenue	51 270 000	54 144 000	49 375 000	47 153 000
Cost of Goods Sold	10 839 000	11 346 000	10 514 000	8 148 000
Salary Costs	32 145 000	34 392 000	31 519 000	32 063 000
Depreciation	1 719 000	1 501 000	1 355 000	962 000
Impairment	0	0	0	0
Expenditure	50 445 000	52 846 000	47 931 000	45 526 000
Operating Profit	825 000	1 298 000	1 445 000	1 626 000
Financial Income	0	0	1 000	4 000
Financial Costs	89 000	24 000	1 000	4 000
Financial Balance	−89 000	−24 000	0	0
Dividends	0	0	0	0
Net Income	562 000	951 000	1 115 000	1 257 000

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	5 017 000	5 198 000	4 246 000	4 469 000
Fixtures	3 961 000	4 331 000	4 673 000	3 568 000
Total Tangible Assets	8 978 000	9 529 000	8 919 000	8 037 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 978 000	9 529 000	8 919 000	8 037 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 799 000	3 716 000	5 378 000	5 205 000
Total Current Assets	11 484 000	10 878 000	11 256 000	8 875 000
Total Assets	20 462 000	20 408 000	20 175 000	16 912 000
Total Equity	4 985 000	4 998 000	5 290 000	5 300 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 045 000	643 000	662 000	764 000
Creditors	1 846 000	2 384 000	2 472 000	1 404 000
Unpaid Taxes	3 648 000	3 944 000	5 171 000	3 373 000
Dividends	0	0	0	0
Other Current Debt	4 938 000	8 439 000	6 581 000	6 071 000
Total Current Debt	10 432 000	14 767 000	14 223 000	10 849 000
Total Equity and Debt	20 462 000	20 408 000	20 175 000	16 912 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,27 %	19,03 %	21,08 %	23,72 %
Debt-to-Equity Ratio	1,01	0,13	0,13	0,14
Operating Profit Margin	1,61 %	2,4 %	2,93 %	3,45 %
Current Ratio	1,1	0,74	0,79	0,82
Quick Ratio	1,1	0,74	0,79	0,82
Equity Ratio	0,24	0,24	0,26	0,31
Gross Profit Margin	78,86 %	79,04 %	78,71 %	82,72 %