VEST TELEMARK ØKONOMI OG REKNESKAP AS

3850 KVITESEID

Finances

Return on Equity

38,93 %

Current Ratio

1,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 153 000	6 713 000	6 513 000	6 905 000
Net Income	336 000	208 000	355 000	461 000
Total Assets	2 876 000	2 836 000	2 818 000	2 859 000
Total Equity	863 000	727 000	819 000	764 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 153 000	6 713 000	6 513 000	6 905 000
Expenditure	6 703 000	6 449 000	6 042 000	6 296 000
Operating Profit	450 000	264 000	471 000	609 000
Financial Income	0	0	0	1 000
Financial Costs	1 000	1 000	6 000	10 000
Financial Balance	−1 000	−1 000	−6 000	−9 000
Earnings Before Tax	449 000	264 000	465 000	600 000
Tax	113 000	56 000	110 000	139 000
Net Income	336 000	208 000	355 000	461 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	387 000	425 000	553 000	681 000
Total Current Assets	2 489 000	2 411 000	2 265 000	2 178 000
Total Assets	2 876 000	2 836 000	2 818 000	2 859 000
Total Retained Equity	771 000	635 000	727 000	672 000
Total Equity	863 000	727 000	819 000	764 000
Total Long-Term Debt	0	0	0	131 000
Total Current Debt	2 014 000	2 110 000	1 999 000	1 963 000
Total Equity and Debt	2 876 000	2 836 000	2 818 000	2 859 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 998 000	6 603 000	6 416 000	6 812 000
Other Income	156 000	110 000	97 000	93 000
Revenue	7 153 000	6 713 000	6 513 000	6 905 000
Cost of Goods Sold	0	0	7 000	14 000
Salary Costs	5 140 000	4 947 000	4 770 000	4 835 000
Depreciation	37 000	65 000	65 000	65 000
Impairment	0	0	0	0
Expenditure	6 703 000	6 449 000	6 042 000	6 296 000
Operating Profit	450 000	264 000	471 000	609 000
Financial Income	0	0	0	1 000
Financial Costs	1 000	1 000	6 000	10 000
Financial Balance	−1 000	−1 000	−6 000	−9 000
Dividends	200 000	300 000	300 000	360 000
Net Income	336 000	208 000	355 000	461 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	285 000	348 000	411 000	474 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	62 000	36 000	101 000	166 000
Total Tangible Assets	346 000	384 000	512 000	640 000
Total Fiancial Fixed Assets	41 000	41 000	41 000	41 000
Total Fixed Assets	387 000	425 000	553 000	681 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	553 000	365 000	341 000	590 000
Total Current Assets	2 489 000	2 411 000	2 265 000	2 178 000
Total Assets	2 876 000	2 836 000	2 818 000	2 859 000
Total Equity	863 000	727 000	819 000	764 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	131 000
Creditors	169 000	96 000	100 000	69 000
Unpaid Taxes	603 000	733 000	644 000	584 000
Dividends	200 000	300 000	300 000	360 000
Other Current Debt	929 000	924 000	844 000	793 000
Total Current Debt	2 014 000	2 110 000	1 999 000	1 963 000
Total Equity and Debt	2 876 000	2 836 000	2 818 000	2 859 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,93 %	28,61 %	43,35 %	60,34 %
Debt-to-Equity Ratio	0	0	0	0,17
Operating Profit Margin	6,29 %	3,93 %	7,23 %	8,82 %
Current Ratio	1,24	1,14	1,13	1,11
Quick Ratio	1,24	1,14	1,13	1,11
Equity Ratio	0,3	0,26	0,29	0,27
Gross Profit Margin	100 %	100 %	99,89 %	99,8 %