VESTERÅLEN BYGGESERVICE AS

8450 STOKMARKNES

Finances

Return on Equity

14,74 %

Current Ratio

2,7

Debt-to-Equity Ratio

0,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	37 255 000	45 415 000	42 241 000	36 248 000
Net Income	1 186 000	1 018 000	928 000	−184 000
Total Assets	16 955 000	16 042 000	15 184 000	14 747 000
Total Equity	8 044 000	6 858 000	5 840 000	4 912 000

Income (NOK)	2022	2021	2020	2019
Revenue	37 255 000	45 415 000	42 241 000	36 248 000
Expenditure	35 615 000	44 076 000	40 954 000	36 296 000
Operating Profit	1 641 000	1 340 000	1 286 000	−49 000
Financial Income	132 000	111 000	91 000	112 000
Financial Costs	274 000	167 000	199 000	304 000
Financial Balance	−142 000	−56 000	−108 000	−192 000
Earnings Before Tax	1 500 000	1 283 000	1 177 000	−241 000
Tax	313 000	265 000	250 000	−57 000
Net Income	1 186 000	1 018 000	928 000	−184 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 802 000	1 274 000	1 298 000	1 067 000
Total Current Assets	15 153 000	14 768 000	13 887 000	13 680 000
Total Assets	16 955 000	16 042 000	15 184 000	14 747 000
Total Retained Equity	5 528 000	4 342 000	3 324 000	2 396 000
Total Equity	8 044 000	6 858 000	5 840 000	4 912 000
Total Long-Term Debt	3 300 000	1 642 000	1 734 000	1 827 000
Total Current Debt	5 611 000	7 542 000	7 609 000	8 008 000
Total Equity and Debt	16 955 000	16 042 000	15 184 000	14 747 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	37 065 000	45 377 000	42 241 000	36 233 000
Other Income	190 000	38 000	0	14 000
Revenue	37 255 000	45 415 000	42 241 000	36 248 000
Cost of Goods Sold	26 097 000	33 099 000	30 544 000	26 771 000
Salary Costs	4 191 000	5 456 000	5 107 000	4 684 000
Depreciation	238 000	155 000	130 000	157 000
Impairment	0	0	0	0
Expenditure	35 615 000	44 076 000	40 954 000	36 296 000
Operating Profit	1 641 000	1 340 000	1 286 000	−49 000
Financial Income	132 000	111 000	91 000	112 000
Financial Costs	274 000	167 000	199 000	304 000
Financial Balance	−142 000	−56 000	−108 000	−192 000
Dividends	0	0	0	0
Net Income	1 186 000	1 018 000	928 000	−184 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	420 000	159 000	90 000	21 000
Real Eastate	648 000	648 000	648 000	648 000
Machinery and Plant Facilities	74 000	0	0	0
Fixtures	448 000	354 000	447 000	285 000
Total Tangible Assets	1 170 000	1 002 000	1 095 000	934 000
Total Fiancial Fixed Assets	213 000	113 000	113 000	113 000
Total Fixed Assets	1 802 000	1 274 000	1 298 000	1 067 000
Stock	11 142 000	9 862 000	10 370 000	9 249 000
Total Investments	0	0	0	0
Cash, Bank	312 000	209 000	206 000	157 000
Total Current Assets	15 153 000	14 768 000	13 887 000	13 680 000
Total Assets	16 955 000	16 042 000	15 184 000	14 747 000
Total Equity	8 044 000	6 858 000	5 840 000	4 912 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 300 000	1 642 000	1 734 000	1 827 000
Creditors	3 162 000	3 368 000	4 042 000	3 752 000
Unpaid Taxes	338 000	870 000	496 000	608 000
Dividends	0	0	0	0
Other Current Debt	892 000	1 469 000	1 264 000	2 345 000
Total Current Debt	5 611 000	7 542 000	7 609 000	8 008 000
Total Equity and Debt	16 955 000	16 042 000	15 184 000	14 747 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,74 %	14,84 %	15,89 %	−3,75 %
Debt-to-Equity Ratio	0,41	0,24	0,3	0,37
Operating Profit Margin	4,4 %	2,95 %	3,04 %	−0,14 %
Current Ratio	2,7	1,96	1,83	1,71
Quick Ratio	−2,74	−6,37	−5,03	−11,02
Equity Ratio	0,47	0,43	0,38	0,33
Gross Profit Margin	29,95 %	27,12 %	27,69 %	26,14 %