VESTMAR REGNSKAP AS

3750 DRANGEDAL

Finances

Share Ownership

Return on Equity

−74,09 %

Current Ratio

1,11

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 982 000	11 905 000	10 345 000	10 511 000
Net Income	−729 000	355 000	225 000	−127 000
Total Assets	4 646 000	4 199 000	3 826 000	2 862 000
Total Equity	984 000	1 713 000	1 358 000	1 132 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 982 000	11 905 000	10 345 000	10 511 000
Expenditure	12 909 000	11 442 000	10 047 000	10 717 000
Operating Profit	−928 000	462 000	298 000	−207 000
Financial Income	31 000	34 000	37 000	65 000
Financial Costs	38 000	41 000	49 000	17 000
Financial Balance	−7 000	−7 000	−12 000	48 000
Earnings Before Tax	−935 000	456 000	285 000	−158 000
Tax	−206 000	100 000	60 000	−31 000
Net Income	−729 000	355 000	225 000	−127 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	711 000	488 000	169 000	220 000
Total Current Assets	3 935 000	3 711 000	3 657 000	2 642 000
Total Assets	4 646 000	4 199 000	3 826 000	2 862 000
Total Retained Equity	884 000	1 613 000	1 258 000	1 032 000
Total Equity	984 000	1 713 000	1 358 000	1 132 000
Total Long-Term Debt	117 000	389 000	652 000	0
Total Current Debt	3 545 000	2 097 000	1 817 000	1 730 000
Total Equity and Debt	4 646 000	4 199 000	3 826 000	2 862 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 982 000	11 905 000	10 345 000	10 511 000
Other Income	0	0	0	0
Revenue	11 982 000	11 905 000	10 345 000	10 511 000
Cost of Goods Sold	185 000	239 000	288 000	224 000
Salary Costs	9 758 000	8 616 000	7 476 000	7 841 000
Depreciation	149 000	120 000	41 000	32 000
Impairment	0	0	0	0
Expenditure	12 909 000	11 442 000	10 047 000	10 717 000
Operating Profit	−928 000	462 000	298 000	−207 000
Financial Income	31 000	34 000	37 000	65 000
Financial Costs	38 000	41 000	49 000	17 000
Financial Balance	−7 000	−7 000	−12 000	48 000
Dividends	0	0	0	0
Net Income	−729 000	355 000	225 000	−127 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	180 000	240 000	0	0
Total Intangible Assets	432 000	286 000	30 000	56 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	279 000	202 000	139 000	164 000
Total Tangible Assets	279 000	202 000	139 000	164 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	711 000	488 000	169 000	220 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	592 000	1 083 000	1 040 000	799 000
Total Current Assets	3 935 000	3 711 000	3 657 000	2 642 000
Total Assets	4 646 000	4 199 000	3 826 000	2 862 000
Total Equity	984 000	1 713 000	1 358 000	1 132 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	117 000	389 000	652 000	0
Creditors	456 000	131 000	201 000	147 000
Unpaid Taxes	1 409 000	1 008 000	845 000	782 000
Dividends	0	0	0	0
Other Current Debt	995 000	842 000	737 000	756 000
Total Current Debt	3 545 000	2 097 000	1 817 000	1 730 000
Total Equity and Debt	4 646 000	4 199 000	3 826 000	2 862 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−74,09 %	20,72 %	16,57 %	−11,22 %
Debt-to-Equity Ratio	0,12	0,23	0,48	0
Operating Profit Margin	−7,74 %	3,88 %	2,88 %	−1,97 %
Current Ratio	1,11	1,77	2,01	1,53
Quick Ratio	1,11	1,77	2,01	1,53
Equity Ratio	0,21	0,41	0,35	0,4
Gross Profit Margin	98,46 %	97,99 %	97,22 %	97,87 %