VESTERÅLEN BILBERGING AS

8430 MYRE

Finances

Share Ownership

Return on Equity

24,94 %

Current Ratio

1,16

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 966 000	3 746 000	2 190 000	633 000
Net Income	203 000	106 000	224 000	281 000
Total Assets	2 244 000	1 904 000	1 176 000	688 000
Total Equity	814 000	611 000	505 000	280 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 966 000	3 746 000	2 190 000	633 000
Expenditure	5 694 000	3 596 000	1 896 000	277 000
Operating Profit	272 000	150 000	295 000	356 000
Financial Income	4 000	1 000	1 000	0
Financial Costs	15 000	15 000	8 000	3 000
Financial Balance	−11 000	−14 000	−7 000	−3 000
Earnings Before Tax	260 000	136 000	288 000	354 000
Tax	57 000	30 000	63 000	72 000
Net Income	203 000	106 000	224 000	281 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	597 000	723 000	497 000	310 000
Total Current Assets	1 647 000	1 181 000	679 000	378 000
Total Assets	2 244 000	1 904 000	1 176 000	688 000
Total Retained Equity	714 000	511 000	405 000	180 000
Total Equity	814 000	611 000	505 000	280 000
Total Long-Term Debt	13 000	40 000	21 000	14 000
Total Current Debt	1 417 000	1 253 000	650 000	394 000
Total Equity and Debt	2 244 000	1 904 000	1 176 000	688 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 966 000	3 734 000	2 022 000	630 000
Other Income	0	12 000	168 000	3 000
Revenue	5 966 000	3 746 000	2 190 000	633 000
Cost of Goods Sold	336 000	188 000	13 000	0
Salary Costs	2 016 000	1 081 000	702 000	78 000
Depreciation	126 000	84 000	93 000	0
Impairment	0	0	0	0
Expenditure	5 694 000	3 596 000	1 896 000	277 000
Operating Profit	272 000	150 000	295 000	356 000
Financial Income	4 000	1 000	1 000	0
Financial Costs	15 000	15 000	8 000	3 000
Financial Balance	−11 000	−14 000	−7 000	−3 000
Dividends	0	0	0	0
Net Income	203 000	106 000	224 000	281 000

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	597 000	723 000	497 000	310 000
Total Tangible Assets	597 000	723 000	497 000	310 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	597 000	723 000	497 000	310 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	148 000	260 000	127 000	10 000
Total Current Assets	1 647 000	1 181 000	679 000	378 000
Total Assets	2 244 000	1 904 000	1 176 000	688 000
Total Equity	814 000	611 000	505 000	280 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 000	40 000	21 000	14 000
Creditors	608 000	918 000	454 000	257 000
Unpaid Taxes	244 000	209 000	73 000	73 000
Dividends	0	0	0	0
Other Current Debt	482 000	115 000	67 000	5 000
Total Current Debt	1 417 000	1 253 000	650 000	394 000
Total Equity and Debt	2 244 000	1 904 000	1 176 000	688 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,94 %	17,35 %	44,36 %	100,36 %
Debt-to-Equity Ratio	0,02	0,07	0,04	0,05
Operating Profit Margin	4,56 %	4 %	13,47 %	56,24 %
Current Ratio	1,16	0,94	1,04	0,96
Quick Ratio	1,16	0,94	1,04	0,96
Equity Ratio	0,36	0,32	0,43	0,41
Gross Profit Margin	94,37 %	94,98 %	99,41 %	100 %