VESTMAR NETT AS

3772 KRAGERØ

Finances

Return on Equity

19,16 %

Current Ratio

1,13

Debt-to-Equity Ratio

1,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	126 264 000	86 117 000	71 453 000	80 606 000
Net Income	23 677 000	10 457 000	7 008 000	4 734 000
Total Assets	321 178 000	291 967 000	274 422 000	275 931 000
Total Equity	123 550 000	111 290 000	111 293 000	109 158 000

Income (NOK)	2022	2021	2020	2019
Revenue	126 264 000	86 117 000	71 453 000	80 606 000
Expenditure	83 070 000	66 342 000	60 152 000	69 605 000
Operating Profit	43 194 000	19 776 000	11 301 000	11 001 000
Financial Income	814 000	144 000	153 000	122 000
Financial Costs	3 591 000	2 080 000	2 643 000	3 450 000
Financial Balance	−2 777 000	−1 936 000	−2 490 000	−3 328 000
Earnings Before Tax	40 417 000	17 840 000	8 811 000	7 673 000
Tax	16 739 000	7 383 000	1 803 000	2 939 000
Net Income	23 677 000	10 457 000	7 008 000	4 734 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	240 262 000	229 204 000	219 790 000	239 221 000
Total Current Assets	80 917 000	62 763 000	54 633 000	36 710 000
Total Assets	321 178 000	291 967 000	274 422 000	275 931 000
Total Retained Equity	58 436 000	46 176 000	51 287 000	49 151 000
Total Equity	123 550 000	111 290 000	111 293 000	109 158 000
Total Long-Term Debt	125 702 000	131 113 000	126 730 000	132 614 000
Total Current Debt	71 926 000	49 564 000	36 400 000	34 158 000
Total Equity and Debt	321 178 000	291 967 000	274 422 000	275 931 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	97 319 000	12 191 000	62 316 000	66 089 000
Other Income	28 944 000	73 926 000	9 138 000	14 517 000
Revenue	126 264 000	86 117 000	71 453 000	80 606 000
Cost of Goods Sold	39 630 000	25 647 000	14 721 000	19 350 000
Salary Costs	13 091 000	13 157 000	13 870 000	18 012 000
Depreciation	9 159 000	8 525 000	9 265 000	9 661 000
Impairment	0	0	0	0
Expenditure	83 070 000	66 342 000	60 152 000	69 605 000
Operating Profit	43 194 000	19 776 000	11 301 000	11 001 000
Financial Income	814 000	144 000	153 000	122 000
Financial Costs	3 591 000	2 080 000	2 643 000	3 450 000
Financial Balance	−2 777 000	−1 936 000	−2 490 000	−3 328 000
Dividends	10 600 000	0	1 800 000	0
Net Income	23 677 000	10 457 000	7 008 000	4 734 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	22 710 000	226 073 000	22 837 000	23 422 000
Machinery and Plant Facilities	151 230 000	0	129 517 000	121 927 000
Fixtures	38 448 000	0	37 811 000	63 351 000
Total Tangible Assets	237 130 000	226 073 000	216 638 000	236 069 000
Total Fiancial Fixed Assets	3 131 000	3 131 000	3 151 000	3 151 000
Total Fixed Assets	240 262 000	229 204 000	219 790 000	239 221 000
Stock	3 039 000	2 185 000	2 852 000	3 215 000
Total Investments	0	0	0	0
Cash, Bank	345 000	349 000	693 000	395 000
Total Current Assets	80 917 000	62 763 000	54 633 000	36 710 000
Total Assets	321 178 000	291 967 000	274 422 000	275 931 000
Total Equity	123 550 000	111 290 000	111 293 000	109 158 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	125 702 000	131 113 000	126 730 000	132 614 000
Creditors	9 406 000	2 960 000	4 906 000	7 968 000
Unpaid Taxes	9 432 000	12 561 000	11 585 000	10 893 000
Dividends	10 600 000	0	1 800 000	0
Other Current Debt	41 910 000	30 540 000	19 677 000	14 071 000
Total Current Debt	71 926 000	49 564 000	36 400 000	34 158 000
Total Equity and Debt	321 178 000	291 967 000	274 422 000	275 931 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,16 %	9,4 %	6,3 %	4,34 %
Debt-to-Equity Ratio	1,02	1,18	1,14	1,21
Operating Profit Margin	34,21 %	22,96 %	15,82 %	13,65 %
Current Ratio	1,13	1,27	1,5	1,07
Quick Ratio	1,17	1,32	1,63	1,19
Equity Ratio	0,38	0,38	0,41	0,4
Gross Profit Margin	68,61 %	70,22 %	79,4 %	75,99 %