VESTNES UR & OPTIKK AS

6390 VESTNES

Finances

Share Ownership

Return on Equity

−6,05 %

Current Ratio

3,54

Debt-to-Equity Ratio

1,91

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 077 000	4 311 000	3 134 000	3 420 000
Net Income	−37 000	205 000	−115 000	−146 000
Total Assets	2 412 000	2 414 000	2 575 000	2 241 000
Total Equity	612 000	649 000	444 000	340 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 077 000	4 311 000	3 134 000	3 420 000
Expenditure	4 070 000	4 007 000	3 235 000	3 550 000
Operating Profit	7 000	304 000	−101 000	−130 000
Financial Income	2 000	0	0	0
Financial Costs	56 000	40 000	47 000	57 000
Financial Balance	−54 000	−40 000	−47 000	−57 000
Earnings Before Tax	−47 000	263 000	−148 000	−187 000
Tax	−10 000	58 000	−32 000	−41 000
Net Income	−37 000	205 000	−115 000	−146 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	183 000	178 000	241 000	255 000
Total Current Assets	2 229 000	2 235 000	2 334 000	1 986 000
Total Assets	2 412 000	2 414 000	2 575 000	2 241 000
Total Retained Equity	−93 000	−55 000	−261 000	−146 000
Total Equity	612 000	649 000	444 000	340 000
Total Long-Term Debt	1 171 000	1 139 000	1 620 000	1 320 000
Total Current Debt	629 000	625 000	512 000	581 000
Total Equity and Debt	2 412 000	2 414 000	2 575 000	2 241 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 073 000	4 307 000	3 098 000	3 409 000
Other Income	4 000	4 000	36 000	11 000
Revenue	4 077 000	4 311 000	3 134 000	3 420 000
Cost of Goods Sold	1 388 000	1 387 000	1 091 000	1 088 000
Salary Costs	1 793 000	1 720 000	972 000	1 593 000
Depreciation	5 000	5 000	11 000	15 000
Impairment	0	0	0	0
Expenditure	4 070 000	4 007 000	3 235 000	3 550 000
Operating Profit	7 000	304 000	−101 000	−130 000
Financial Income	2 000	0	0	0
Financial Costs	56 000	40 000	47 000	57 000
Financial Balance	−54 000	−40 000	−47 000	−57 000
Dividends	0	0	0	0
Net Income	−37 000	205 000	−115 000	−146 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	170 000	160 000	218 000	247 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	13 000	18 000	24 000	8 000
Total Tangible Assets	13 000	18 000	24 000	8 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	183 000	178 000	241 000	255 000
Stock	1 785 000	1 622 000	1 639 000	1 739 000
Total Investments	0	0	0	0
Cash, Bank	161 000	376 000	250 000	129 000
Total Current Assets	2 229 000	2 235 000	2 334 000	1 986 000
Total Assets	2 412 000	2 414 000	2 575 000	2 241 000
Total Equity	612 000	649 000	444 000	340 000
Short-Term Group Debt	22 000	0	0	0
Total Long-Term Debt	1 171 000	1 139 000	1 620 000	1 320 000
Creditors	234 000	229 000	245 000	251 000
Unpaid Taxes	162 000	191 000	126 000	121 000
Dividends	0	0	0	0
Other Current Debt	211 000	204 000	141 000	209 000
Total Current Debt	629 000	625 000	512 000	581 000
Total Equity and Debt	2 412 000	2 414 000	2 575 000	2 241 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,05 %	31,59 %	−25,9 %	−42,94 %
Debt-to-Equity Ratio	1,91	1,76	3,65	3,88
Operating Profit Margin	0,17 %	7,05 %	−3,22 %	−3,8 %
Current Ratio	3,54	3,58	4,56	3,42
Quick Ratio	−1,93	−2,24	−2,07	−1,72
Equity Ratio	0,25	0,27	0,17	0,15
Gross Profit Margin	65,96 %	67,83 %	65,19 %	68,19 %