VESTVÅGØY SERVICESENTER AS

8370 LEKNES

Finances

Return on Equity

14,15 %

Current Ratio

2,14

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 701 000	15 217 000	15 802 000	15 684 000
Net Income	648 000	460 000	387 000	208 000
Total Assets	8 352 000	7 114 000	7 390 000	7 034 000
Total Equity	4 578 000	4 330 000	3 870 000	3 883 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 701 000	15 217 000	15 802 000	15 684 000
Expenditure	16 853 000	14 621 000	15 296 000	15 413 000
Operating Profit	848 000	596 000	505 000	271 000
Financial Income	5 000	2 000	3 000	9 000
Financial Costs	19 000	8 000	11 000	8 000
Financial Balance	−14 000	−6 000	−8 000	1 000
Earnings Before Tax	834 000	590 000	498 000	272 000
Tax	185 000	131 000	111 000	65 000
Net Income	648 000	460 000	387 000	208 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 370 000	797 000	1 065 000	1 322 000
Total Current Assets	6 982 000	6 316 000	6 325 000	5 713 000
Total Assets	8 352 000	7 114 000	7 390 000	7 034 000
Total Retained Equity	4 478 000	4 230 000	3 770 000	3 783 000
Total Equity	4 578 000	4 330 000	3 870 000	3 883 000
Total Long-Term Debt	506 000	157 000	236 000	308 000
Total Current Debt	3 268 000	2 627 000	3 284 000	2 843 000
Total Equity and Debt	8 352 000	7 114 000	7 390 000	7 034 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 019 000	13 921 000	14 591 000	15 327 000
Other Income	681 000	1 296 000	1 210 000	357 000
Revenue	17 701 000	15 217 000	15 802 000	15 684 000
Cost of Goods Sold	9 326 000	6 964 000	7 867 000	7 907 000
Salary Costs	4 676 000	4 795 000	4 787 000	4 610 000
Depreciation	244 000	299 000	288 000	273 000
Impairment	0	0	0	0
Expenditure	16 853 000	14 621 000	15 296 000	15 413 000
Operating Profit	848 000	596 000	505 000	271 000
Financial Income	5 000	2 000	3 000	9 000
Financial Costs	19 000	8 000	11 000	8 000
Financial Balance	−14 000	−6 000	−8 000	1 000
Dividends	400 000	0	400 000	200 000
Net Income	648 000	460 000	387 000	208 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	62 000	75 000	88 000	101 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 277 000	691 000	946 000	1 190 000
Total Tangible Assets	1 339 000	766 000	1 034 000	1 291 000
Total Fiancial Fixed Assets	31 000	31 000	31 000	31 000
Total Fixed Assets	1 370 000	797 000	1 065 000	1 322 000
Stock	2 317 000	1 881 000	1 455 000	1 706 000
Total Investments	0	0	0	0
Cash, Bank	4 172 000	4 075 000	4 675 000	3 376 000
Total Current Assets	6 982 000	6 316 000	6 325 000	5 713 000
Total Assets	8 352 000	7 114 000	7 390 000	7 034 000
Total Equity	4 578 000	4 330 000	3 870 000	3 883 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	506 000	157 000	236 000	308 000
Creditors	1 262 000	931 000	1 004 000	747 000
Unpaid Taxes	265 000	332 000	429 000	254 000
Dividends	400 000	0	400 000	200 000
Other Current Debt	1 253 000	1 214 000	1 325 000	1 604 000
Total Current Debt	3 268 000	2 627 000	3 284 000	2 843 000
Total Equity and Debt	8 352 000	7 114 000	7 390 000	7 034 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,15 %	10,62 %	10 %	5,36 %
Debt-to-Equity Ratio	0,11	0,04	0,06	0,08
Operating Profit Margin	4,79 %	3,92 %	3,2 %	1,73 %
Current Ratio	2,14	2,4	1,93	2,01
Quick Ratio	7,34	8,47	3,46	5,02
Equity Ratio	0,55	0,61	0,52	0,55
Gross Profit Margin	47,31 %	54,24 %	50,22 %	49,59 %