VESTSIDEN FARVEHANDEL AS

3611 KONGSBERG

Finances

Return on Equity

−3,37 %

Current Ratio

2,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 936 000	12 204 000	14 646 000	12 033 000
Net Income	−72 000	−4 000	1 311 000	−84 000
Total Assets	3 290 000	3 114 000	4 031 000	2 336 000
Total Equity	2 138 000	2 210 000	2 215 000	1 404 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 936 000	12 204 000	14 646 000	12 033 000
Expenditure	11 017 000	12 206 000	13 094 000	11 831 000
Operating Profit	−80 000	−3 000	1 552 000	202 000
Financial Income	8 000	3 000	1 000	3 000
Financial Costs	9 000	5 000	19 000	289 000
Financial Balance	−1 000	−2 000	−18 000	−286 000
Earnings Before Tax	−81 000	−5 000	1 535 000	−84 000
Tax	−9 000	−1 000	224 000	0
Net Income	−72 000	−4 000	1 311 000	−84 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	233 000	320 000	368 000	386 000
Total Current Assets	3 057 000	2 795 000	3 663 000	1 950 000
Total Assets	3 290 000	3 114 000	4 031 000	2 336 000
Total Retained Equity	2 038 000	2 110 000	2 115 000	1 304 000
Total Equity	2 138 000	2 210 000	2 215 000	1 404 000
Total Long-Term Debt	0	9 000	19 000	0
Total Current Debt	1 152 000	895 000	1 797 000	933 000
Total Equity and Debt	3 290 000	3 114 000	4 031 000	2 336 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 942 000	12 146 000	14 674 000	11 992 000
Other Income	−5 000	58 000	−28 000	41 000
Revenue	10 936 000	12 204 000	14 646 000	12 033 000
Cost of Goods Sold	5 774 000	6 519 000	7 623 000	6 356 000
Salary Costs	2 747 000	3 087 000	2 913 000	2 775 000
Depreciation	87 000	98 000	87 000	85 000
Impairment	0	0	0	0
Expenditure	11 017 000	12 206 000	13 094 000	11 831 000
Operating Profit	−80 000	−3 000	1 552 000	202 000
Financial Income	8 000	3 000	1 000	3 000
Financial Costs	9 000	5 000	19 000	289 000
Financial Balance	−1 000	−2 000	−18 000	−286 000
Dividends	0	0	500 000	0
Net Income	−72 000	−4 000	1 311 000	−84 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	183 000	270 000	368 000	386 000
Total Tangible Assets	183 000	270 000	368 000	386 000
Total Fiancial Fixed Assets	50 000	50 000	0	0
Total Fixed Assets	233 000	320 000	368 000	386 000
Stock	1 828 000	1 652 000	1 449 000	1 396 000
Total Investments	0	0	0	0
Cash, Bank	971 000	894 000	2 043 000	334 000
Total Current Assets	3 057 000	2 795 000	3 663 000	1 950 000
Total Assets	3 290 000	3 114 000	4 031 000	2 336 000
Total Equity	2 138 000	2 210 000	2 215 000	1 404 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	9 000	19 000	0
Creditors	650 000	226 000	497 000	375 000
Unpaid Taxes	184 000	309 000	259 000	251 000
Dividends	0	0	500 000	0
Other Current Debt	318 000	351 000	336 000	306 000
Total Current Debt	1 152 000	895 000	1 797 000	933 000
Total Equity and Debt	3 290 000	3 114 000	4 031 000	2 336 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,37 %	−0,18 %	59,19 %	−5,98 %
Debt-to-Equity Ratio	0	0	0,01	0
Operating Profit Margin	−0,73 %	−0,02 %	10,6 %	1,68 %
Current Ratio	2,65	3,12	2,04	2,09
Quick Ratio	−4,52	−3,69	10,53	−4,21
Equity Ratio	0,65	0,71	0,55	0,6
Gross Profit Margin	47,2 %	46,58 %	47,95 %	47,18 %