VESTNES ENERGI AS

6390 VESTNES

Finances

Return on Equity

46,84 %

Current Ratio

1,35

Debt-to-Equity Ratio

0,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	152 741 000	138 373 000	121 959 000	133 242 000
Net Income	129 559 000	13 659 000	9 728 000	10 080 000
Total Assets	483 987 000	498 561 000	480 883 000	490 008 000
Total Equity	276 589 000	176 417 000	172 589 000	170 488 000

Income (NOK)	2022	2021	2020	2019
Revenue	152 741 000	138 373 000	121 959 000	133 242 000
Expenditure	122 238 000	119 140 000	107 746 000	119 882 000
Operating Profit	30 502 000	19 233 000	14 213 000	13 360 000
Financial Income	108 930 000	1 877 000	2 889 000	5 367 000
Financial Costs	3 250 000	3 451 000	4 706 000	6 581 000
Financial Balance	105 680 000	−1 574 000	−1 817 000	−1 214 000
Earnings Before Tax	136 182 000	17 658 000	12 396 000	12 146 000
Tax	6 623 000	4 000 000	2 668 000	2 066 000
Net Income	129 559 000	13 659 000	9 728 000	10 080 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	386 680 000	417 149 000	410 353 000	399 324 000
Total Current Assets	97 308 000	81 412 000	70 530 000	90 684 000
Total Assets	483 987 000	498 561 000	480 883 000	490 008 000
Total Retained Equity	91 824 000	27 032 000	25 443 000	25 087 000
Total Equity	276 589 000	176 417 000	172 589 000	170 488 000
Total Long-Term Debt	135 412 000	268 568 000	240 933 000	272 646 000
Total Current Debt	71 986 000	53 576 000	67 362 000	46 873 000
Total Equity and Debt	483 987 000	498 561 000	480 883 000	490 008 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	147 295 000	126 459 000	108 365 000	124 893 000
Other Income	5 445 000	11 913 000	13 593 000	8 349 000
Revenue	152 741 000	138 373 000	121 959 000	133 242 000
Cost of Goods Sold	49 330 000	61 036 000	45 480 000	59 565 000
Salary Costs	24 473 000	16 743 000	19 085 000	19 346 000
Depreciation	23 294 000	21 449 000	20 847 000	20 926 000
Impairment	0	0	0	0
Expenditure	122 238 000	119 140 000	107 746 000	119 882 000
Operating Profit	30 502 000	19 233 000	14 213 000	13 360 000
Financial Income	108 930 000	1 877 000	2 889 000	5 367 000
Financial Costs	3 250 000	3 451 000	4 706 000	6 581 000
Financial Balance	105 680 000	−1 574 000	−1 817 000	−1 214 000
Dividends	16 940 000	6 400 000	5 000 000	3 500 000
Net Income	129 559 000	13 659 000	9 728 000	10 080 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	394 000	4 200 000	2 125 000
Real Eastate	329 471 000	2 860 000	3 308 000	3 346 000
Machinery and Plant Facilities	0	266 827 000	255 045 000	242 293 000
Fixtures	50 569 000	47 796 000	51 982 000	54 790 000
Total Tangible Assets	380 040 000	317 482 000	310 335 000	300 429 000
Total Fiancial Fixed Assets	6 640 000	99 273 000	95 819 000	96 770 000
Total Fixed Assets	386 680 000	417 149 000	410 353 000	399 324 000
Stock	23 895 000	20 846 000	18 201 000	17 180 000
Total Investments	0	0	0	0
Cash, Bank	19 958 000	6 605 000	5 734 000	43 573 000
Total Current Assets	97 308 000	81 412 000	70 530 000	90 684 000
Total Assets	483 987 000	498 561 000	480 883 000	490 008 000
Total Equity	276 589 000	176 417 000	172 589 000	170 488 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	135 412 000	268 568 000	240 933 000	272 646 000
Creditors	25 354 000	17 288 000	19 032 000	17 406 000
Unpaid Taxes	15 595 000	17 088 000	16 642 000	15 478 000
Dividends	16 940 000	6 400 000	5 000 000	3 500 000
Other Current Debt	15 474 000	9 176 000	19 317 000	6 302 000
Total Current Debt	71 986 000	53 576 000	67 362 000	46 873 000
Total Equity and Debt	483 987 000	498 561 000	480 883 000	490 008 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,84 %	7,74 %	5,64 %	5,91 %
Debt-to-Equity Ratio	0,49	1,52	1,4	1,6
Operating Profit Margin	19,97 %	13,9 %	11,65 %	10,03 %
Current Ratio	1,35	1,52	1,05	1,93
Quick Ratio	2,02	2,49	1,43	3,05
Equity Ratio	0,57	0,35	0,36	0,35
Gross Profit Margin	67,7 %	55,89 %	62,71 %	55,3 %