VESTDAVIT AS

5160 LAKSEVÅG

Finances

Share Ownership

Return on Equity

23,05 %

Current Ratio

1,84

Debt-to-Equity Ratio

0,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	178 403 000	155 756 000	145 913 000	116 323 000
Net Income	8 220 000	9 618 000	4 218 000	4 382 000
Total Assets	97 144 000	97 060 000	76 573 000	67 417 000
Total Equity	35 659 000	34 097 000	34 479 000	34 261 000

Income (NOK)	2022	2021	2020	2019
Revenue	178 403 000	155 756 000	145 913 000	116 323 000
Expenditure	169 039 000	144 477 000	140 829 000	110 280 000
Operating Profit	9 364 000	11 279 000	5 084 000	6 043 000
Financial Income	6 405 000	4 485 000	3 843 000	1 351 000
Financial Costs	5 272 000	3 633 000	3 698 000	1 873 000
Financial Balance	1 133 000	852 000	145 000	−522 000
Earnings Before Tax	10 497 000	12 132 000	5 228 000	5 522 000
Tax	2 278 000	2 513 000	1 010 000	1 140 000
Net Income	8 220 000	9 618 000	4 218 000	4 382 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 703 000	3 754 000	11 873 000	5 174 000
Total Current Assets	92 442 000	93 306 000	64 699 000	62 244 000
Total Assets	97 144 000	97 060 000	76 573 000	67 417 000
Total Retained Equity	21 137 000	19 575 000	19 956 000	19 738 000
Total Equity	35 659 000	34 097 000	34 479 000	34 261 000
Total Long-Term Debt	11 215 000	10 842 000	8 817 000	6 078 000
Total Current Debt	50 270 000	52 121 000	33 277 000	27 079 000
Total Equity and Debt	97 144 000	97 060 000	76 573 000	67 417 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	178 307 000	155 633 000	145 913 000	116 323 000
Other Income	96 000	123 000	0	0
Revenue	178 403 000	155 756 000	145 913 000	116 323 000
Cost of Goods Sold	104 292 000	88 959 000	90 340 000	60 843 000
Salary Costs	40 740 000	36 042 000	32 479 000	32 080 000
Depreciation	1 174 000	955 000	927 000	902 000
Impairment	0	0	0	0
Expenditure	169 039 000	144 477 000	140 829 000	110 280 000
Operating Profit	9 364 000	11 279 000	5 084 000	6 043 000
Financial Income	6 405 000	4 485 000	3 843 000	1 351 000
Financial Costs	5 272 000	3 633 000	3 698 000	1 873 000
Financial Balance	1 133 000	852 000	145 000	−522 000
Dividends	0	10 000 000	4 000 000	0
Net Income	8 220 000	9 618 000	4 218 000	4 382 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 708 000	200 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	596 000	723 000	785 000	928 000
Fixtures	1 696 000	2 129 000	2 471 000	1 860 000
Total Tangible Assets	2 291 000	2 852 000	3 256 000	2 787 000
Total Fiancial Fixed Assets	703 000	703 000	8 617 000	2 386 000
Total Fixed Assets	4 703 000	3 754 000	11 873 000	5 174 000
Stock	18 587 000	18 449 000	15 280 000	16 377 000
Total Investments	0	0	0	0
Cash, Bank	1 681 000	1 832 000	3 011 000	2 942 000
Total Current Assets	92 442 000	93 306 000	64 699 000	62 244 000
Total Assets	97 144 000	97 060 000	76 573 000	67 417 000
Total Equity	35 659 000	34 097 000	34 479 000	34 261 000
Short-Term Group Debt	0	0	0	5 491 000
Total Long-Term Debt	11 215 000	10 842 000	8 817 000	6 078 000
Creditors	9 973 000	12 197 000	6 558 000	5 457 000
Unpaid Taxes	2 983 000	2 888 000	2 709 000	2 404 000
Dividends	0	10 000 000	4 000 000	0
Other Current Debt	17 203 000	10 358 000	5 310 000	5 683 000
Total Current Debt	50 270 000	52 121 000	33 277 000	27 079 000
Total Equity and Debt	97 144 000	97 060 000	76 573 000	67 417 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,05 %	28,21 %	12,23 %	12,79 %
Debt-to-Equity Ratio	0,31	0,32	0,26	0,18
Operating Profit Margin	5,25 %	7,24 %	3,48 %	5,2 %
Current Ratio	1,84	1,79	1,94	2,3
Quick Ratio	2,92	2,77	3,59	5,82
Equity Ratio	0,37	0,35	0,45	0,51
Gross Profit Margin	41,54 %	42,89 %	38,09 %	47,69 %