VESTFOLD VANN IKS

3270 LARVIK

Finances

Share Ownership

Return on Equity

13,97 %

Current Ratio

1,6

Debt-to-Equity Ratio

29,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	146 665 000	112 671 000	98 898 000	103 120 000
Net Income	5 329 000	6 164 000	−782 000	2 110 000
Total Assets	1 190 373 000	1 123 136 000	992 585 000	971 472 000
Total Equity	38 157 000	32 828 000	26 664 000	27 446 000

Income (NOK)	2022	2021	2020	2019
Revenue	146 665 000	112 671 000	98 898 000	103 120 000
Expenditure	120 017 000	98 368 000	88 967 000	86 627 000
Operating Profit	26 648 000	14 303 000	9 932 000	16 493 000
Financial Income	105 000	330 000	593 000	571 000
Financial Costs	21 424 000	8 469 000	11 307 000	14 953 000
Financial Balance	−21 319 000	−8 139 000	−10 714 000	−14 382 000
Earnings Before Tax	5 329 000	6 164 000	−782 000	2 110 000
Tax	0	0	0	0
Net Income	5 329 000	6 164 000	−782 000	2 110 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 131 164 000	1 029 348 000	917 261 000	898 323 000
Total Current Assets	59 210 000	93 787 000	75 324 000	73 149 000
Total Assets	1 190 373 000	1 123 136 000	992 585 000	971 472 000
Total Retained Equity	38 157 000	32 828 000	26 664 000	27 446 000
Total Equity	38 157 000	32 828 000	26 664 000	27 446 000
Total Long-Term Debt	1 115 117 000	1 054 872 000	923 518 000	916 394 000
Total Current Debt	37 100 000	35 436 000	42 404 000	27 632 000
Total Equity and Debt	1 190 373 000	1 123 136 000	992 585 000	971 472 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	146 568 000	112 602 000	98 575 000	102 735 000
Other Income	96 000	70 000	324 000	385 000
Revenue	146 665 000	112 671 000	98 898 000	103 120 000
Cost of Goods Sold	34 574 000	18 857 000	10 497 000	14 084 000
Salary Costs	32 894 000	31 749 000	28 644 000	28 293 000
Depreciation	35 259 000	33 747 000	34 159 000	32 323 000
Impairment	0	0	0	0
Expenditure	120 017 000	98 368 000	88 967 000	86 627 000
Operating Profit	26 648 000	14 303 000	9 932 000	16 493 000
Financial Income	105 000	330 000	593 000	571 000
Financial Costs	21 424 000	8 469 000	11 307 000	14 953 000
Financial Balance	−21 319 000	−8 139 000	−10 714 000	−14 382 000
Dividends	0	0	0	0
Net Income	5 329 000	6 164 000	−782 000	2 110 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	879 926 000	867 944 000	851 899 000	852 414 000
Machinery and Plant Facilities	232 207 000	147 627 000	53 051 000	33 967 000
Fixtures	17 074 000	11 931 000	10 568 000	10 308 000
Total Tangible Assets	1 129 207 000	1 027 502 000	915 517 000	896 690 000
Total Fiancial Fixed Assets	1 957 000	1 846 000	1 744 000	1 633 000
Total Fixed Assets	1 131 164 000	1 029 348 000	917 261 000	898 323 000
Stock	702 000	400 000	160 000	261 000
Total Investments	0	0	0	0
Cash, Bank	26 655 000	82 238 000	70 567 000	69 261 000
Total Current Assets	59 210 000	93 787 000	75 324 000	73 149 000
Total Assets	1 190 373 000	1 123 136 000	992 585 000	971 472 000
Total Equity	38 157 000	32 828 000	26 664 000	27 446 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 115 117 000	1 054 872 000	923 518 000	916 394 000
Creditors	19 579 000	23 338 000	20 488 000	7 040 000
Unpaid Taxes	2 662 000	2 732 000	2 353 000	4 498 000
Dividends	0	0	0	0
Other Current Debt	14 860 000	9 366 000	19 563 000	16 093 000
Total Current Debt	37 100 000	35 436 000	42 404 000	27 632 000
Total Equity and Debt	1 190 373 000	1 123 136 000	992 585 000	971 472 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,97 %	18,78 %	−2,93 %	7,69 %
Debt-to-Equity Ratio	29,22	32,13	34,64	33,39
Operating Profit Margin	18,17 %	12,69 %	10,04 %	15,99 %
Current Ratio	1,6	2,65	1,78	2,65
Quick Ratio	1,63	2,68	1,78	2,67
Equity Ratio	0,03	0,03	0,03	0,03
Gross Profit Margin	76,43 %	83,26 %	89,39 %	86,34 %