VESTNES VASSVERK SA

6390 VESTNES

Finances

Share Ownership

Return on Equity

2,64 %

Current Ratio

10,81

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 978 000	7 234 000	4 818 000	3 992 000
Net Income	711 000	−64 000	668 000	613 000
Total Assets	28 172 000	27 473 000	29 318 000	27 183 000
Total Equity	26 914 000	26 072 000	26 079 000	24 827 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 978 000	7 234 000	4 818 000	3 992 000
Expenditure	5 369 000	7 304 000	4 164 000	3 399 000
Operating Profit	610 000	−69 000	654 000	592 000
Financial Income	109 000	15 000	35 000	46 000
Financial Costs	8 000	10 000	22 000	25 000
Financial Balance	101 000	5 000	13 000	21 000
Earnings Before Tax	711 000	−64 000	668 000	613 000
Tax	0	0	0	0
Net Income	711 000	−64 000	668 000	613 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 779 000	14 299 000	13 571 000	12 704 000
Total Current Assets	11 393 000	13 173 000	15 747 000	14 479 000
Total Assets	28 172 000	27 473 000	29 318 000	27 183 000
Total Retained Equity	18 712 000	18 002 000	18 066 000	17 398 000
Total Equity	26 914 000	26 072 000	26 079 000	24 827 000
Total Long-Term Debt	204 000	454 000	704 000	954 000
Total Current Debt	1 054 000	947 000	2 535 000	1 401 000
Total Equity and Debt	28 172 000	27 473 000	29 318 000	27 183 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 701 000	4 919 000	4 818 000	3 992 000
Other Income	1 277 000	2 316 000	0	0
Revenue	5 978 000	7 234 000	4 818 000	3 992 000
Cost of Goods Sold	1 252 000	2 188 000	0	0
Salary Costs	1 121 000	1 442 000	1 819 000	1 321 000
Depreciation	1 070 000	994 000	901 000	892 000
Impairment	0	0	0	0
Expenditure	5 369 000	7 304 000	4 164 000	3 399 000
Operating Profit	610 000	−69 000	654 000	592 000
Financial Income	109 000	15 000	35 000	46 000
Financial Costs	8 000	10 000	22 000	25 000
Financial Balance	101 000	5 000	13 000	21 000
Dividends	0	0	0	0
Net Income	711 000	−64 000	668 000	613 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 409 000	3 615 000	3 821 000	4 026 000
Machinery and Plant Facilities	13 341 000	10 558 000	9 555 000	8 391 000
Fixtures	28 000	126 000	195 000	285 000
Total Tangible Assets	16 778 000	14 298 000	13 570 000	12 703 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	16 779 000	14 299 000	13 571 000	12 704 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	9 471 000	8 157 000	11 639 000	8 108 000
Total Current Assets	11 393 000	13 173 000	15 747 000	14 479 000
Total Assets	28 172 000	27 473 000	29 318 000	27 183 000
Total Equity	26 914 000	26 072 000	26 079 000	24 827 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	204 000	454 000	704 000	954 000
Creditors	811 000	804 000	1 483 000	37 000
Unpaid Taxes	105 000	17 000	880 000	1 239 000
Dividends	0	0	0	0
Other Current Debt	138 000	126 000	172 000	126 000
Total Current Debt	1 054 000	947 000	2 535 000	1 401 000
Total Equity and Debt	28 172 000	27 473 000	29 318 000	27 183 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,64 %	−0,25 %	2,56 %	2,47 %
Debt-to-Equity Ratio	0,01	0,02	0,03	0,04
Operating Profit Margin	10,2 %	−0,95 %	13,57 %	14,83 %
Current Ratio	10,81	13,91	6,21	10,33
Quick Ratio	10,81	13,91	6,21	10,33
Equity Ratio	0,96	0,95	0,89	0,91
Gross Profit Margin	79,06 %	69,75 %	100 %	100 %