VESTLANDSKE INDUSTRIMONTASJE AS

5725 VAKSDAL

Finances

Return on Equity

4,39 %

Current Ratio

3,21

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 326 000	13 903 000	12 880 000	14 272 000
Net Income	430 000	47 000	388 000	1 506 000
Total Assets	12 894 000	12 292 000	12 867 000	12 886 000
Total Equity	9 796 000	9 766 000	9 839 000	9 851 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 326 000	13 903 000	12 880 000	14 272 000
Expenditure	12 779 000	12 534 000	8 821 000	9 400 000
Operating Profit	654 000	956 000	1 257 000	1 933 000
Financial Income	60 000	12 000	21 000	30 000
Financial Costs	8 000	710 000	611 000	9 000
Financial Balance	52 000	−698 000	−590 000	21 000
Earnings Before Tax	706 000	257 000	667 000	1 954 000
Tax	276 000	211 000	279 000	448 000
Net Income	430 000	47 000	388 000	1 506 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 122 000	2 275 000	3 222 000	3 990 000
Total Current Assets	9 772 000	10 017 000	9 645 000	8 896 000
Total Assets	12 894 000	12 292 000	12 867 000	12 886 000
Total Retained Equity	9 696 000	9 666 000	9 739 000	9 751 000
Total Equity	9 796 000	9 766 000	9 839 000	9 851 000
Total Long-Term Debt	58 000	43 000	66 000	77 000
Total Current Debt	3 040 000	2 483 000	2 961 000	2 958 000
Total Equity and Debt	12 894 000	12 292 000	12 867 000	12 886 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 320 000	13 893 000	12 875 000	14 266 000
Other Income	6 000	10 000	5 000	6 000
Revenue	13 326 000	13 903 000	12 880 000	14 272 000
Cost of Goods Sold	3 894 000	3 607 000	−167 000	12 000
Salary Costs	6 760 000	7 175 000	7 425 000	7 392 000
Depreciation	267 000	268 000	259 000	322 000
Impairment	0	0	0	0
Expenditure	12 779 000	12 534 000	8 821 000	9 400 000
Operating Profit	654 000	956 000	1 257 000	1 933 000
Financial Income	60 000	12 000	21 000	30 000
Financial Costs	8 000	710 000	611 000	9 000
Financial Balance	52 000	−698 000	−590 000	21 000
Dividends	400 000	120 000	400 000	0
Net Income	430 000	47 000	388 000	1 506 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	518 000	583 000	648 000	713 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 351 000	505 000	686 000	790 000
Total Tangible Assets	1 869 000	1 088 000	1 334 000	1 503 000
Total Fiancial Fixed Assets	1 253 000	1 187 000	1 887 000	2 487 000
Total Fixed Assets	3 122 000	2 275 000	3 222 000	3 990 000
Stock	371 000	263 000	675 000	508 000
Total Investments	0	0	0	0
Cash, Bank	7 477 000	8 294 000	6 443 000	5 266 000
Total Current Assets	9 772 000	10 017 000	9 645 000	8 896 000
Total Assets	12 894 000	12 292 000	12 867 000	12 886 000
Total Equity	9 796 000	9 766 000	9 839 000	9 851 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	58 000	43 000	66 000	77 000
Creditors	795 000	497 000	184 000	378 000
Unpaid Taxes	928 000	789 000	1 222 000	1 308 000
Dividends	400 000	120 000	400 000	0
Other Current Debt	656 000	844 000	1 265 000	806 000
Total Current Debt	3 040 000	2 483 000	2 961 000	2 958 000
Total Equity and Debt	12 894 000	12 292 000	12 867 000	12 886 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,39 %	0,48 %	3,94 %	15,29 %
Debt-to-Equity Ratio	0,01	0	0,01	0,01
Operating Profit Margin	4,91 %	6,88 %	9,76 %	13,54 %
Current Ratio	3,21	4,03	3,26	3,01
Quick Ratio	3,66	4,51	4,22	3,63
Equity Ratio	0,76	0,79	0,76	0,76
Gross Profit Margin	70,78 %	74,06 %	101,3 %	99,92 %