VESTRE HARAM VASSLAG SA

6280 SØVIK

Finances

Share Ownership

Return on Equity

6,16 %

Current Ratio

5,56

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 020 000	3 258 000	3 028 000	2 876 000
Net Income	766 000	−83 000	−117 000	83 000
Total Assets	13 391 000	13 229 000	12 883 000	13 221 000
Total Equity	12 436 000	11 610 000	11 672 000	11 710 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 020 000	3 258 000	3 028 000	2 876 000
Expenditure	2 246 000	3 322 000	3 123 000	2 767 000
Operating Profit	774 000	−65 000	−95 000	110 000
Financial Income	14 000	10 000	16 000	28 000
Financial Costs	22 000	28 000	38 000	55 000
Financial Balance	−8 000	−18 000	−22 000	−27 000
Earnings Before Tax	766 000	−83 000	−117 000	83 000
Tax	0	0	0	0
Net Income	766 000	−83 000	−117 000	83 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 446 000	9 589 000	9 870 000	9 417 000
Total Current Assets	3 945 000	3 640 000	3 013 000	3 804 000
Total Assets	13 391 000	13 229 000	12 883 000	13 221 000
Total Retained Equity	9 347 000	8 581 000	8 664 000	8 781 000
Total Equity	12 436 000	11 610 000	11 672 000	11 710 000
Total Long-Term Debt	244 000	428 000	611 000	794 000
Total Current Debt	710 000	1 191 000	599 000	716 000
Total Equity and Debt	13 391 000	13 229 000	12 883 000	13 221 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 020 000	3 258 000	3 028 000	2 876 000
Other Income	0	0	0	0
Revenue	3 020 000	3 258 000	3 028 000	2 876 000
Cost of Goods Sold	169 000	204 000	110 000	63 000
Salary Costs	590 000	500 000	399 000	388 000
Depreciation	282 000	281 000	273 000	262 000
Impairment	0	0	0	0
Expenditure	2 246 000	3 322 000	3 123 000	2 767 000
Operating Profit	774 000	−65 000	−95 000	110 000
Financial Income	14 000	10 000	16 000	28 000
Financial Costs	22 000	28 000	38 000	55 000
Financial Balance	−8 000	−18 000	−22 000	−27 000
Dividends	0	0	0	0
Net Income	766 000	−83 000	−117 000	83 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 446 000	9 589 000	9 870 000	9 417 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	9 446 000	9 589 000	9 870 000	9 417 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 446 000	9 589 000	9 870 000	9 417 000
Stock	31 000	69 000	40 000	12 000
Total Investments	0	0	0	0
Cash, Bank	2 076 000	1 556 000	1 032 000	2 056 000
Total Current Assets	3 945 000	3 640 000	3 013 000	3 804 000
Total Assets	13 391 000	13 229 000	12 883 000	13 221 000
Total Equity	12 436 000	11 610 000	11 672 000	11 710 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	244 000	428 000	611 000	794 000
Creditors	37 000	648 000	11 000	97 000
Unpaid Taxes	323 000	262 000	375 000	309 000
Dividends	0	0	0	0
Other Current Debt	350 000	282 000	213 000	310 000
Total Current Debt	710 000	1 191 000	599 000	716 000
Total Equity and Debt	13 391 000	13 229 000	12 883 000	13 221 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,16 %	−0,71 %	−1 %	0,71 %
Debt-to-Equity Ratio	0,02	0,04	0,05	0,07
Operating Profit Margin	25,63 %	−2 %	−3,14 %	3,82 %
Current Ratio	5,56	3,06	5,03	5,31
Quick Ratio	5,81	3,24	5,39	5,4
Equity Ratio	0,93	0,88	0,91	0,89
Gross Profit Margin	94,4 %	93,74 %	96,37 %	97,81 %