VEST BILUTSTYR AS

5257 KOKSTAD

Finances

Share Ownership

Return on Equity

28,92 %

Current Ratio

1,94

Debt-to-Equity Ratio

0,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	56 821 000	53 251 000	50 306 000	44 400 000
Net Income	1 931 000	2 028 000	2 195 000	−548 000
Total Assets	20 736 000	18 122 000	16 762 000	13 393 000
Total Equity	6 677 000	6 662 000	6 695 000	6 851 000

Income (NOK)	2022	2021	2020	2019
Revenue	56 821 000	53 251 000	50 306 000	44 400 000
Expenditure	54 097 000	50 578 000	47 421 000	44 973 000
Operating Profit	2 724 000	2 672 000	2 884 000	−572 000
Financial Income	41 000	26 000	14 000	60 000
Financial Costs	289 000	98 000	84 000	173 000
Financial Balance	−248 000	−72 000	−70 000	−113 000
Earnings Before Tax	2 476 000	2 600 000	2 814 000	−686 000
Tax	545 000	572 000	619 000	−138 000
Net Income	1 931 000	2 028 000	2 195 000	−548 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 485 000	2 270 000	2 304 000	2 083 000
Total Current Assets	15 251 000	15 852 000	14 458 000	11 310 000
Total Assets	20 736 000	18 122 000	16 762 000	13 393 000
Total Retained Equity	339 000	324 000	357 000	513 000
Total Equity	6 677 000	6 662 000	6 695 000	6 851 000
Total Long-Term Debt	6 205 000	3 300 000	2 208 000	2 848 000
Total Current Debt	7 855 000	8 160 000	7 859 000	3 694 000
Total Equity and Debt	20 736 000	18 122 000	16 762 000	13 393 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	56 821 000	53 251 000	50 306 000	44 400 000
Other Income	0	0	0	0
Revenue	56 821 000	53 251 000	50 306 000	44 400 000
Cost of Goods Sold	39 816 000	36 725 000	34 509 000	31 569 000
Salary Costs	8 524 000	7 664 000	7 344 000	7 291 000
Depreciation	70 000	111 000	117 000	107 000
Impairment	0	0	0	0
Expenditure	54 097 000	50 578 000	47 421 000	44 973 000
Operating Profit	2 724 000	2 672 000	2 884 000	−572 000
Financial Income	41 000	26 000	14 000	60 000
Financial Costs	289 000	98 000	84 000	173 000
Financial Balance	−248 000	−72 000	−70 000	−113 000
Dividends	0	0	0	0
Net Income	1 931 000	2 028 000	2 195 000	−548 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	500 000	505 000	495 000	452 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	38 000	108 000	219 000	297 000
Total Tangible Assets	38 000	108 000	219 000	297 000
Total Fiancial Fixed Assets	4 947 000	1 658 000	1 590 000	1 335 000
Total Fixed Assets	5 485 000	2 270 000	2 304 000	2 083 000
Stock	10 740 000	9 721 000	9 916 000	8 728 000
Total Investments	0	0	0	0
Cash, Bank	14 000	11 000	11 000	11 000
Total Current Assets	15 251 000	15 852 000	14 458 000	11 310 000
Total Assets	20 736 000	18 122 000	16 762 000	13 393 000
Total Equity	6 677 000	6 662 000	6 695 000	6 851 000
Short-Term Group Debt	2 457 000	2 642 000	3 015 000	0
Total Long-Term Debt	6 205 000	3 300 000	2 208 000	2 848 000
Creditors	3 348 000	3 623 000	2 618 000	2 323 000
Unpaid Taxes	815 000	833 000	1 042 000	544 000
Dividends	0	0	0	0
Other Current Debt	1 234 000	1 063 000	1 184 000	827 000
Total Current Debt	7 855 000	8 160 000	7 859 000	3 694 000
Total Equity and Debt	20 736 000	18 122 000	16 762 000	13 393 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,92 %	30,44 %	32,79 %	−8 %
Debt-to-Equity Ratio	0,93	0,5	0,33	0,42
Operating Profit Margin	4,79 %	5,02 %	5,73 %	−1,29 %
Current Ratio	1,94	1,94	1,84	3,06
Quick Ratio	−5,29	−10,16	−7,03	−2,25
Equity Ratio	0,32	0,37	0,4	0,51
Gross Profit Margin	29,93 %	31,03 %	31,4 %	28,9 %