VEST OPTIK AS

6823 SANDANE

Finances

Return on Equity

12,9 %

Current Ratio

1,78

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 265 000	3 528 000	3 491 000	3 762 000
Net Income	269 000	466 000	361 000	441 000
Total Assets	3 260 000	3 190 000	3 211 000	3 199 000
Total Equity	2 086 000	2 197 000	2 132 000	2 021 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 265 000	3 528 000	3 491 000	3 762 000
Expenditure	2 916 000	2 923 000	3 015 000	3 180 000
Operating Profit	349 000	605 000	476 000	583 000
Financial Income	0	0	0	0
Financial Costs	4 000	9 000	15 000	21 000
Financial Balance	−4 000	−9 000	−15 000	−21 000
Earnings Before Tax	346 000	597 000	461 000	562 000
Tax	77 000	131 000	100 000	121 000
Net Income	269 000	466 000	361 000	441 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 166 000	1 177 000	1 189 000	1 201 000
Total Current Assets	2 095 000	2 013 000	2 022 000	1 998 000
Total Assets	3 260 000	3 190 000	3 211 000	3 199 000
Total Retained Equity	1 986 000	2 097 000	2 032 000	1 921 000
Total Equity	2 086 000	2 197 000	2 132 000	2 021 000
Total Long-Term Debt	0	106 000	222 000	338 000
Total Current Debt	1 174 000	886 000	857 000	840 000
Total Equity and Debt	3 260 000	3 190 000	3 211 000	3 199 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 265 000	3 528 000	3 491 000	3 762 000
Other Income	0	0	0	0
Revenue	3 265 000	3 528 000	3 491 000	3 762 000
Cost of Goods Sold	1 214 000	1 243 000	1 242 000	1 313 000
Salary Costs	954 000	927 000	1 051 000	1 114 000
Depreciation	12 000	12 000	12 000	10 000
Impairment	0	0	0	0
Expenditure	2 916 000	2 923 000	3 015 000	3 180 000
Operating Profit	349 000	605 000	476 000	583 000
Financial Income	0	0	0	0
Financial Costs	4 000	9 000	15 000	21 000
Financial Balance	−4 000	−9 000	−15 000	−21 000
Dividends	250 000	400 000	250 000	0
Net Income	269 000	466 000	361 000	441 000

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	14 000	26 000	38 000	49 000
Total Tangible Assets	14 000	26 000	38 000	49 000
Total Fiancial Fixed Assets	1 152 000	1 152 000	1 152 000	1 152 000
Total Fixed Assets	1 166 000	1 177 000	1 189 000	1 201 000
Stock	959 000	946 000	897 000	908 000
Total Investments	0	0	0	0
Cash, Bank	1 015 000	909 000	939 000	823 000
Total Current Assets	2 095 000	2 013 000	2 022 000	1 998 000
Total Assets	3 260 000	3 190 000	3 211 000	3 199 000
Total Equity	2 086 000	2 197 000	2 132 000	2 021 000
Short-Term Group Debt	592 000	425 000	464 000	425 000
Total Long-Term Debt	0	106 000	222 000	338 000
Creditors	77 000	89 000	48 000	97 000
Unpaid Taxes	131 000	152 000	147 000	136 000
Dividends	250 000	400 000	250 000	0
Other Current Debt	334 000	89 000	98 000	114 000
Total Current Debt	1 174 000	886 000	857 000	840 000
Total Equity and Debt	3 260 000	3 190 000	3 211 000	3 199 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,9 %	21,21 %	16,93 %	21,82 %
Debt-to-Equity Ratio	0	0,05	0,1	0,17
Operating Profit Margin	10,69 %	17,15 %	13,64 %	15,5 %
Current Ratio	1,78	2,27	2,36	2,38
Quick Ratio	9,74	−33,55	−50,55	−29,38
Equity Ratio	0,64	0,69	0,66	0,63
Gross Profit Margin	62,82 %	64,77 %	64,42 %	65,1 %