VESTDAVIT GRUPPEN AS

5160 LAKSEVÅG

Finances

Return on Equity

19,35 %

Current Ratio

1,72

Debt-to-Equity Ratio

0,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	213 728 000	171 053 000	177 130 000	123 364 000
Net Income	10 362 000	14 614 000	8 965 000	4 058 000
Total Assets	134 260 000	106 850 000	96 257 000	68 003 000
Total Equity	53 551 000	47 494 000	42 920 000	37 932 000

Income (NOK)	2022	2021	2020	2019
Revenue	213 728 000	171 053 000	177 130 000	123 364 000
Expenditure	200 361 000	154 007 000	167 264 000	117 446 000
Operating Profit	13 367 000	17 046 000	9 866 000	5 918 000
Financial Income	6 139 000	4 062 000	3 776 000	1 253 000
Financial Costs	6 074 000	4 181 000	2 840 000	1 875 000
Financial Balance	65 000	−119 000	936 000	−622 000
Earnings Before Tax	13 432 000	16 927 000	10 803 000	5 295 000
Tax	3 069 000	2 313 000	1 838 000	1 237 000
Net Income	10 362 000	14 614 000	8 965 000	4 058 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 628 000	18 145 000	19 827 000	4 565 000
Total Current Assets	108 632 000	88 705 000	76 430 000	63 438 000
Total Assets	134 260 000	106 850 000	96 257 000	68 003 000
Total Retained Equity	44 001 000	41 094 000	36 520 000	31 532 000
Total Equity	53 551 000	47 494 000	42 920 000	37 932 000
Total Long-Term Debt	17 467 000	16 068 000	13 596 000	6 078 000
Total Current Debt	63 241 000	43 288 000	39 741 000	23 993 000
Total Equity and Debt	134 260 000	106 850 000	96 257 000	68 003 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	213 632 000	170 930 000	177 130 000	123 364 000
Other Income	96 000	123 000	0	0
Revenue	213 728 000	171 053 000	177 130 000	123 364 000
Cost of Goods Sold	105 201 000	75 458 000	94 020 000	63 079 000
Salary Costs	61 713 000	53 793 000	48 201 000	35 041 000
Depreciation	2 690 000	2 353 000	2 347 000	1 444 000
Impairment	0	0	0	0
Expenditure	200 361 000	154 007 000	167 264 000	117 446 000
Operating Profit	13 367 000	17 046 000	9 866 000	5 918 000
Financial Income	6 139 000	4 062 000	3 776 000	1 253 000
Financial Costs	6 074 000	4 181 000	2 840 000	1 875 000
Financial Balance	65 000	−119 000	936 000	−622 000
Dividends	5 000 000	10 000 000	4 000 000	2 500 000
Net Income	10 362 000	14 614 000	8 965 000	4 058 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	87 000	174 000	261 000	346 000
Total Intangible Assets	2 330 000	867 000	665 000	822 000
Real Eastate	14 120 000	11 451 000	12 499 000	0
Machinery and Plant Facilities	7 156 000	3 206 000	3 471 000	1 452 000
Fixtures	1 746 000	2 186 000	2 561 000	1 910 000
Total Tangible Assets	23 021 000	16 843 000	18 532 000	3 362 000
Total Fiancial Fixed Assets	277 000	435 000	630 000	381 000
Total Fixed Assets	25 628 000	18 145 000	19 827 000	4 565 000
Stock	23 729 000	22 362 000	18 808 000	17 009 000
Total Investments	0	0	0	0
Cash, Bank	4 004 000	3 620 000	4 580 000	3 967 000
Total Current Assets	108 632 000	88 705 000	76 430 000	63 438 000
Total Assets	134 260 000	106 850 000	96 257 000	68 003 000
Total Equity	53 551 000	47 494 000	42 920 000	37 932 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 467 000	16 068 000	13 596 000	6 078 000
Creditors	13 082 000	10 072 000	8 574 000	7 873 000
Unpaid Taxes	4 306 000	4 033 000	4 131 000	2 505 000
Dividends	5 000 000	10 000 000	4 000 000	2 500 000
Other Current Debt	15 995 000	9 551 000	6 594 000	2 909 000
Total Current Debt	63 241 000	43 288 000	39 741 000	23 993 000
Total Equity and Debt	134 260 000	106 850 000	96 257 000	68 003 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,35 %	30,77 %	20,89 %	10,7 %
Debt-to-Equity Ratio	0,33	0,34	0,32	0,16
Operating Profit Margin	6,25 %	9,97 %	5,57 %	4,8 %
Current Ratio	1,72	2,05	1,92	2,64
Quick Ratio	2,75	4,24	3,65	9,08
Equity Ratio	0,4	0,44	0,45	0,56
Gross Profit Margin	50,78 %	55,89 %	46,92 %	48,87 %