VESTERÅLSKRAFT PRODUKSJON AS

8400 SORTLAND

Finances

Share Ownership

Return on Equity

5,75 %

Current Ratio

3,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	31 704 000	33 870 000	16 825 000	30 023 000
Net Income	7 044 000	5 689 000	−1 595 000	4 340 000
Total Assets	139 644 000	130 862 000	117 999 000	130 463 000
Total Equity	122 435 000	118 392 000	115 134 000	116 729 000

Income (NOK)	2022	2021	2020	2019
Revenue	31 704 000	33 870 000	16 825 000	30 023 000
Expenditure	23 402 000	26 780 000	19 058 000	24 898 000
Operating Profit	8 303 000	7 090 000	−2 233 000	5 125 000
Financial Income	748 000	202 000	219 000	460 000
Financial Costs	0	0	10 000	0
Financial Balance	748 000	202 000	209 000	460 000
Earnings Before Tax	9 051 000	7 292 000	−2 025 000	5 584 000
Tax	2 007 000	1 603 000	−430 000	1 244 000
Net Income	7 044 000	5 689 000	−1 595 000	4 340 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	84 483 000	87 437 000	91 996 000	95 072 000
Total Current Assets	55 161 000	43 425 000	26 003 000	35 391 000
Total Assets	139 644 000	130 862 000	117 999 000	130 463 000
Total Retained Equity	15 694 000	18 208 000	14 950 000	16 545 000
Total Equity	122 435 000	118 392 000	115 134 000	116 729 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	17 209 000	12 470 000	2 865 000	13 734 000
Total Equity and Debt	139 644 000	130 862 000	117 999 000	130 463 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 704 000	32 484 000	16 825 000	30 002 000
Other Income	0	1 386 000	0	21 000
Revenue	31 704 000	33 870 000	16 825 000	30 023 000
Cost of Goods Sold	6 385 000	9 695 000	3 239 000	9 520 000
Salary Costs	5 003 000	4 665 000	3 905 000	4 608 000
Depreciation	3 872 000	4 853 000	4 682 000	4 651 000
Impairment	0	0	0	0
Expenditure	23 402 000	26 780 000	19 058 000	24 898 000
Operating Profit	8 303 000	7 090 000	−2 233 000	5 125 000
Financial Income	748 000	202 000	219 000	460 000
Financial Costs	0	0	10 000	0
Financial Balance	748 000	202 000	209 000	460 000
Dividends	3 000 000	0	0	8 540 000
Net Income	7 044 000	5 689 000	−1 595 000	4 340 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	35 535 000	35 693 000	35 629 000	35 633 000
Real Eastate	48 786 000	51 527 000	56 095 000	59 282 000
Machinery and Plant Facilities	162 000	217 000	273 000	158 000
Fixtures	0	0	0	0
Total Tangible Assets	48 948 000	51 744 000	56 368 000	59 439 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	84 483 000	87 437 000	91 996 000	95 072 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	943 000	293 000	0	0
Total Current Assets	55 161 000	43 425 000	26 003 000	35 391 000
Total Assets	139 644 000	130 862 000	117 999 000	130 463 000
Total Equity	122 435 000	118 392 000	115 134 000	116 729 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 392 000	1 808 000	1 150 000	2 035 000
Unpaid Taxes	277 000	245 000	242 000	232 000
Dividends	3 000 000	0	0	8 540 000
Other Current Debt	11 540 000	10 375 000	1 473 000	1 701 000
Total Current Debt	17 209 000	12 470 000	2 865 000	13 734 000
Total Equity and Debt	139 644 000	130 862 000	117 999 000	130 463 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,75 %	4,81 %	−1,39 %	3,72 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	26,19 %	20,93 %	−13,27 %	17,07 %
Current Ratio	3,21	3,48	9,08	2,58
Quick Ratio	3,21	3,48	9,08	2,58
Equity Ratio	0,88	0,9	0,98	0,89
Gross Profit Margin	79,86 %	71,38 %	80,75 %	68,29 %