VESTSIDEN MATSENTER AS

2420 TRYSIL

Finances

Return on Equity

33,32 %

Current Ratio

5,47

Debt-to-Equity Ratio

3,67

Key figures (NOK)	2021	2020	2019	2018
Revenue	3 078 000	6 742 000	4 296 000	2 424 000
Net Income	2 540 000	6 224 000	1 296 000	424 000
Total Assets	36 362 000	37 530 000	29 091 000	14 072 000
Total Equity	7 624 000	8 684 000	1 578 000	1 602 000

Income (NOK)	2021	2020	2019	2018
Revenue	3 078 000	6 742 000	4 296 000	2 424 000
Expenditure	1 838 000	1 552 000	2 025 000	1 358 000
Operating Profit	1 240 000	5 191 000	2 272 000	1 066 000
Financial Income	3 000 000	3 005 000	7 000	3 000
Financial Costs	1 631 000	1 036 000	613 000	490 000
Financial Balance	1 369 000	1 969 000	−606 000	−487 000
Earnings Before Tax	2 609 000	7 159 000	1 666 000	578 000
Tax	69 000	935 000	370 000	154 000
Net Income	2 540 000	6 224 000	1 296 000	424 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	32 365 000	32 685 000	16 914 000	10 424 000
Total Current Assets	3 997 000	4 844 000	12 177 000	3 648 000
Total Assets	36 362 000	37 530 000	29 091 000	14 072 000
Total Retained Equity	7 524 000	8 584 000	1 478 000	1 502 000
Total Equity	7 624 000	8 684 000	1 578 000	1 602 000
Total Long-Term Debt	28 008 000	28 027 000	22 943 000	11 880 000
Total Current Debt	731 000	820 000	4 570 000	590 000
Total Equity and Debt	36 362 000	37 530 000	29 091 000	14 072 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	2 823 000	2 704 000	2 056 000	1 947 000
Other Income	255 000	4 038 000	2 240 000	477 000
Revenue	3 078 000	6 742 000	4 296 000	2 424 000
Cost of Goods Sold	0	0	0	0
Salary Costs	204 000	124 000	315 000	0
Depreciation	817 000	678 000	726 000	821 000
Impairment	0	0	0	0
Expenditure	1 838 000	1 552 000	2 025 000	1 358 000
Operating Profit	1 240 000	5 191 000	2 272 000	1 066 000
Financial Income	3 000 000	3 005 000	7 000	3 000
Financial Costs	1 631 000	1 036 000	613 000	490 000
Financial Balance	1 369 000	1 969 000	−606 000	−487 000
Dividends	3 600 000	840 000	1 320 000	1 294 000
Net Income	2 540 000	6 224 000	1 296 000	424 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	27 900 000	27 900 000	12 093 000	7 299 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 215 000	4 235 000	4 270 000	2 053 000
Total Tangible Assets	32 115 000	32 135 000	16 364 000	9 352 000
Total Fiancial Fixed Assets	250 000	550 000	550 000	1 072 000
Total Fixed Assets	32 365 000	32 685 000	16 914 000	10 424 000
Stock	0	0	7 795 000	0
Total Investments	0	0	0	0
Cash, Bank	98 000	5 000	77 000	497 000
Total Current Assets	3 997 000	4 844 000	12 177 000	3 648 000
Total Assets	36 362 000	37 530 000	29 091 000	14 072 000
Total Equity	7 624 000	8 684 000	1 578 000	1 602 000
Short-Term Group Debt	0	0	48 000	48 000
Total Long-Term Debt	28 008 000	28 027 000	22 943 000	11 880 000
Creditors	114 000	192 000	3 993 000	42 000
Unpaid Taxes	112 000	272 000	132 000	13 000
Dividends	3 600 000	840 000	1 320 000	1 294 000
Other Current Debt	463 000	356 000	397 000	326 000
Total Current Debt	731 000	820 000	4 570 000	590 000
Total Equity and Debt	36 362 000	37 530 000	29 091 000	14 072 000

Financial indicators	2021	2020	2019	2018
Return on Equity	33,32 %	71,67 %	82,13 %	26,47 %
Debt-to-Equity Ratio	3,67	3,23	14,54	7,42
Operating Profit Margin	40,29 %	76,99 %	52,89 %	43,98 %
Current Ratio	5,47	5,91	2,66	6,18
Quick Ratio	5,47	5,91	−3,78	6,18
Equity Ratio	0,21	0,23	0,05	0,11
Gross Profit Margin	100 %	100 %	100 %	100 %