VESTLANDSHUS SOGN AS

6854 KAUPANGER

Finances

Return on Equity

6,47 %

Current Ratio

1,58

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 060 000	31 441 000	36 201 000	34 241 000
Net Income	371 000	717 000	1 449 000	924 000
Total Assets	14 382 000	10 692 000	12 618 000	12 637 000
Total Equity	5 738 000	5 367 000	5 649 000	6 200 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 060 000	31 441 000	36 201 000	34 241 000
Expenditure	25 598 000	30 525 000	34 338 000	33 055 000
Operating Profit	461 000	915 000	1 863 000	1 186 000
Financial Income	80 000	60 000	49 000	74 000
Financial Costs	75 000	61 000	57 000	76 000
Financial Balance	5 000	−1 000	−8 000	−2 000
Earnings Before Tax	465 000	915 000	1 855 000	1 184 000
Tax	94 000	198 000	406 000	260 000
Net Income	371 000	717 000	1 449 000	924 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 541 000	2 070 000	2 002 000	665 000
Total Current Assets	11 841 000	8 622 000	10 617 000	11 971 000
Total Assets	14 382 000	10 692 000	12 618 000	12 637 000
Total Retained Equity	4 738 000	4 367 000	4 649 000	5 200 000
Total Equity	5 738 000	5 367 000	5 649 000	6 200 000
Total Long-Term Debt	1 162 000	960 000	1 080 000	1 200 000
Total Current Debt	7 482 000	4 365 000	5 889 000	5 236 000
Total Equity and Debt	14 382 000	10 692 000	12 618 000	12 637 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 060 000	31 441 000	36 201 000	33 962 000
Other Income	0	0	0	279 000
Revenue	26 060 000	31 441 000	36 201 000	34 241 000
Cost of Goods Sold	13 661 000	18 119 000	20 907 000	19 563 000
Salary Costs	8 964 000	9 848 000	10 545 000	10 491 000
Depreciation	210 000	158 000	170 000	119 000
Impairment	0	0	0	0
Expenditure	25 598 000	30 525 000	34 338 000	33 055 000
Operating Profit	461 000	915 000	1 863 000	1 186 000
Financial Income	80 000	60 000	49 000	74 000
Financial Costs	75 000	61 000	57 000	76 000
Financial Balance	5 000	−1 000	−8 000	−2 000
Dividends	0	0	2 000 000	0
Net Income	371 000	717 000	1 449 000	924 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	107 000	78 000	49 000	80 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	475 000	177 000	0	0
Fixtures	382 000	239 000	378 000	390 000
Total Tangible Assets	858 000	416 000	378 000	390 000
Total Fiancial Fixed Assets	1 576 000	1 575 000	1 575 000	195 000
Total Fixed Assets	2 541 000	2 070 000	2 002 000	665 000
Stock	1 350 000	1 350 000	1 350 000	1 350 000
Total Investments	0	0	0	0
Cash, Bank	4 680 000	1 685 000	3 802 000	6 018 000
Total Current Assets	11 841 000	8 622 000	10 617 000	11 971 000
Total Assets	14 382 000	10 692 000	12 618 000	12 637 000
Total Equity	5 738 000	5 367 000	5 649 000	6 200 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 162 000	960 000	1 080 000	1 200 000
Creditors	3 101 000	2 070 000	3 093 000	2 291 000
Unpaid Taxes	1 557 000	644 000	662 000	1 409 000
Dividends	0	0	2 000 000	0
Other Current Debt	2 700 000	1 423 000	1 759 000	1 536 000
Total Current Debt	7 482 000	4 365 000	5 889 000	5 236 000
Total Equity and Debt	14 382 000	10 692 000	12 618 000	12 637 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,47 %	13,36 %	25,65 %	14,9 %
Debt-to-Equity Ratio	0,2	0,18	0,19	0,19
Operating Profit Margin	1,77 %	2,91 %	5,15 %	3,46 %
Current Ratio	1,58	1,98	1,8	2,29
Quick Ratio	1,93	2,86	2,34	3,08
Equity Ratio	0,4	0,5	0,45	0,49
Gross Profit Margin	47,58 %	42,37 %	42,25 %	42,87 %