VEST MASKIN AS

5382 SKOGSVÅG

Finances

Share Ownership

Return on Equity

−65,87 %

Current Ratio

2,27

Debt-to-Equity Ratio

3,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 715 000	10 785 000	7 131 000	11 637 000
Net Income	−720 000	−1 822 000	−1 491 000	−1 127 000
Total Assets	7 872 000	4 533 000	4 087 000	20 574 000
Total Equity	1 093 000	−969 000	−481 000	−376 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 715 000	10 785 000	7 131 000	11 637 000
Expenditure	16 567 000	12 791 000	8 643 000	12 731 000
Operating Profit	−852 000	−2 007 000	−1 511 000	−1 094 000
Financial Income	2 000	0	0	55 000
Financial Costs	73 000	330 000	401 000	406 000
Financial Balance	−71 000	−330 000	−401 000	−351 000
Earnings Before Tax	−923 000	−2 336 000	−1 912 000	−1 445 000
Tax	−203 000	−514 000	−421 000	−318 000
Net Income	−720 000	−1 822 000	−1 491 000	−1 127 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 367 000	826 000	850 000	558 000
Total Current Assets	6 505 000	3 707 000	3 237 000	20 016 000
Total Assets	7 872 000	4 533 000	4 087 000	20 574 000
Total Retained Equity	0	−1 069 000	−581 000	−476 000
Total Equity	1 093 000	−969 000	−481 000	−376 000
Total Long-Term Debt	3 918 000	1 196 000	3 419 000	19 160 000
Total Current Debt	2 861 000	4 305 000	1 149 000	1 790 000
Total Equity and Debt	7 872 000	4 533 000	4 087 000	20 574 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 715 000	10 785 000	6 891 000	11 402 000
Other Income	0	0	240 000	235 000
Revenue	15 715 000	10 785 000	7 131 000	11 637 000
Cost of Goods Sold	3 914 000	3 046 000	1 479 000	5 422 000
Salary Costs	4 865 000	3 898 000	3 718 000	3 544 000
Depreciation	40 000	45 000	144 000	166 000
Impairment	0	0	0	0
Expenditure	16 567 000	12 791 000	8 643 000	12 731 000
Operating Profit	−852 000	−2 007 000	−1 511 000	−1 094 000
Financial Income	2 000	0	0	55 000
Financial Costs	73 000	330 000	401 000	406 000
Financial Balance	−71 000	−330 000	−401 000	−351 000
Dividends	0	0	0	0
Net Income	−720 000	−1 822 000	−1 491 000	−1 127 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	228 000	246 000	108 000	79 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	213 000	102 000	45 000	188 000
Total Tangible Assets	213 000	102 000	45 000	188 000
Total Fiancial Fixed Assets	926 000	478 000	697 000	291 000
Total Fixed Assets	1 367 000	826 000	850 000	558 000
Stock	0	0	0	18 675 000
Total Investments	0	0	0	0
Cash, Bank	415 000	488 000	170 000	47 000
Total Current Assets	6 505 000	3 707 000	3 237 000	20 016 000
Total Assets	7 872 000	4 533 000	4 087 000	20 574 000
Total Equity	1 093 000	−969 000	−481 000	−376 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 918 000	1 196 000	3 419 000	19 160 000
Creditors	1 579 000	3 602 000	575 000	1 091 000
Unpaid Taxes	891 000	379 000	261 000	401 000
Dividends	0	0	0	0
Other Current Debt	391 000	324 000	314 000	298 000
Total Current Debt	2 861 000	4 305 000	1 149 000	1 790 000
Total Equity and Debt	7 872 000	4 533 000	4 087 000	20 574 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−65,87 %	188,03 %	309,98 %	299,73 %
Debt-to-Equity Ratio	3,58	−1,23	−7,11	−50,96
Operating Profit Margin	−5,42 %	−18,61 %	−21,19 %	−9,4 %
Current Ratio	2,27	0,86	2,82	11,18
Quick Ratio	2,27	0,86	2,82	−1,19
Equity Ratio	0,14	−0,21	−0,12	−0,02
Gross Profit Margin	75,09 %	71,76 %	79,26 %	53,41 %