VESTERÅLEN KONTORSENTER AS

8400 SORTLAND

Finances

Return on Equity

12,05 %

Current Ratio

3,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 793 000	20 066 000	20 433 000	22 471 000
Net Income	599 000	963 000	1 447 000	1 467 000
Total Assets	7 314 000	8 833 000	8 371 000	11 389 000
Total Equity	4 973 000	4 374 000	5 411 000	5 964 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 793 000	20 066 000	20 433 000	22 471 000
Expenditure	16 040 000	18 872 000	18 587 000	20 606 000
Operating Profit	752 000	1 194 000	1 845 000	1 864 000
Financial Income	20 000	82 000	31 000	42 000
Financial Costs	4 000	12 000	21 000	27 000
Financial Balance	16 000	70 000	10 000	15 000
Earnings Before Tax	768 000	1 265 000	1 855 000	1 879 000
Tax	169 000	301 000	408 000	412 000
Net Income	599 000	963 000	1 447 000	1 467 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	252 000	293 000	262 000	288 000
Total Current Assets	7 061 000	8 540 000	8 109 000	11 100 000
Total Assets	7 314 000	8 833 000	8 371 000	11 389 000
Total Retained Equity	4 098 000	3 499 000	4 536 000	5 089 000
Total Equity	4 973 000	4 374 000	5 411 000	5 964 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 340 000	4 459 000	2 960 000	5 425 000
Total Equity and Debt	7 314 000	8 833 000	8 371 000	11 389 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 793 000	20 014 000	20 370 000	22 471 000
Other Income	0	51 000	63 000	0
Revenue	16 793 000	20 066 000	20 433 000	22 471 000
Cost of Goods Sold	9 596 000	12 014 000	11 957 000	13 116 000
Salary Costs	4 821 000	5 134 000	5 022 000	5 606 000
Depreciation	52 000	50 000	33 000	33 000
Impairment	0	0	0	0
Expenditure	16 040 000	18 872 000	18 587 000	20 606 000
Operating Profit	752 000	1 194 000	1 845 000	1 864 000
Financial Income	20 000	82 000	31 000	42 000
Financial Costs	4 000	12 000	21 000	27 000
Financial Balance	16 000	70 000	10 000	15 000
Dividends	0	0	2 000 000	0
Net Income	599 000	963 000	1 447 000	1 467 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	34 000	22 000	57 000	51 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	43 000	95 000	89 000	122 000
Fixtures	0	0	0	0
Total Tangible Assets	43 000	95 000	89 000	122 000
Total Fiancial Fixed Assets	175 000	175 000	117 000	115 000
Total Fixed Assets	252 000	293 000	262 000	288 000
Stock	2 178 000	2 039 000	2 211 000	2 332 000
Total Investments	0	0	0	0
Cash, Bank	3 069 000	5 574 000	4 991 000	4 961 000
Total Current Assets	7 061 000	8 540 000	8 109 000	11 100 000
Total Assets	7 314 000	8 833 000	8 371 000	11 389 000
Total Equity	4 973 000	4 374 000	5 411 000	5 964 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 077 000	971 000	1 018 000	1 765 000
Unpaid Taxes	538 000	615 000	641 000	1 213 000
Dividends	0	0	2 000 000	0
Other Current Debt	544 000	606 000	888 000	2 032 000
Total Current Debt	2 340 000	4 459 000	2 960 000	5 425 000
Total Equity and Debt	7 314 000	8 833 000	8 371 000	11 389 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,05 %	22,02 %	26,74 %	24,6 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,48 %	5,95 %	9,03 %	8,3 %
Current Ratio	3,02	1,92	2,74	2,05
Quick Ratio	43,59	3,53	10,83	3,59
Equity Ratio	0,68	0,5	0,65	0,52
Gross Profit Margin	42,86 %	40,13 %	41,48 %	41,63 %