VESTGÅRD AS

3420 LIERSKOGEN

Finances

Share Ownership

Return on Equity

17,52 %

Current Ratio

2,95

Debt-to-Equity Ratio

0,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 870 000	7 695 000	7 272 000	7 338 000
Net Income	597 000	815 000	949 000	445 000
Total Assets	6 144 000	4 930 000	4 586 000	4 165 000
Total Equity	3 407 000	2 810 000	3 095 000	2 146 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 870 000	7 695 000	7 272 000	7 338 000
Expenditure	7 069 000	6 609 000	5 996 000	6 710 000
Operating Profit	801 000	1 086 000	1 276 000	629 000
Financial Income	0	0	0	0
Financial Costs	34 000	40 000	59 000	57 000
Financial Balance	−34 000	−40 000	−59 000	−57 000
Earnings Before Tax	767 000	1 046 000	1 217 000	572 000
Tax	170 000	231 000	268 000	128 000
Net Income	597 000	815 000	949 000	445 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 216 000	31 000	47 000	72 000
Total Current Assets	4 927 000	4 899 000	4 539 000	4 092 000
Total Assets	6 144 000	4 930 000	4 586 000	4 165 000
Total Retained Equity	3 377 000	2 780 000	3 065 000	2 116 000
Total Equity	3 407 000	2 810 000	3 095 000	2 146 000
Total Long-Term Debt	1 063 000	200 000	360 000	520 000
Total Current Debt	1 673 000	1 920 000	1 131 000	1 499 000
Total Equity and Debt	6 144 000	4 930 000	4 586 000	4 165 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 870 000	7 632 000	7 190 000	7 338 000
Other Income	0	62 000	82 000	0
Revenue	7 870 000	7 695 000	7 272 000	7 338 000
Cost of Goods Sold	3 610 000	3 533 000	3 267 000	3 589 000
Salary Costs	1 802 000	1 592 000	1 333 000	1 712 000
Depreciation	95 000	15 000	24 000	24 000
Impairment	0	0	0	0
Expenditure	7 069 000	6 609 000	5 996 000	6 710 000
Operating Profit	801 000	1 086 000	1 276 000	629 000
Financial Income	0	0	0	0
Financial Costs	34 000	40 000	59 000	57 000
Financial Balance	−34 000	−40 000	−59 000	−57 000
Dividends	0	500 000	0	150 000
Net Income	597 000	815 000	949 000	445 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	17 000	19 000	20 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 216 000	14 000	29 000	53 000
Total Tangible Assets	1 216 000	14 000	29 000	53 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 216 000	31 000	47 000	72 000
Stock	3 266 000	2 702 000	2 410 000	2 549 000
Total Investments	0	0	0	0
Cash, Bank	1 578 000	2 061 000	2 079 000	1 526 000
Total Current Assets	4 927 000	4 899 000	4 539 000	4 092 000
Total Assets	6 144 000	4 930 000	4 586 000	4 165 000
Total Equity	3 407 000	2 810 000	3 095 000	2 146 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 063 000	200 000	360 000	520 000
Creditors	889 000	676 000	317 000	575 000
Unpaid Taxes	414 000	325 000	413 000	453 000
Dividends	0	500 000	0	150 000
Other Current Debt	241 000	190 000	134 000	196 000
Total Current Debt	1 673 000	1 920 000	1 131 000	1 499 000
Total Equity and Debt	6 144 000	4 930 000	4 586 000	4 165 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,52 %	29 %	30,66 %	20,74 %
Debt-to-Equity Ratio	0,31	0,07	0,12	0,24
Operating Profit Margin	10,18 %	14,11 %	17,55 %	8,57 %
Current Ratio	2,95	2,55	4,01	2,73
Quick Ratio	−3,09	−6,26	−3,55	−3,9
Equity Ratio	0,55	0,57	0,67	0,52
Gross Profit Margin	54,13 %	54,09 %	55,07 %	51,09 %