VEST KJEMI AS

5105 EIDSVÅG I ÅSANE

Finances

Share Ownership

Return on Equity

−328 %

Current Ratio

1,18

Debt-to-Equity Ratio

6,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 394 000	8 732 000	7 473 000	1 785 000
Net Income	−328 000	233 000	251 000	183 000
Total Assets	2 577 000	2 527 000	2 671 000	1 174 000
Total Equity	100 000	429 000	446 000	194 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 394 000	8 732 000	7 473 000	1 785 000
Expenditure	7 708 000	8 368 000	7 113 000	1 564 000
Operating Profit	−314 000	364 000	361 000	222 000
Financial Income	9 000	2 000	0	0
Financial Costs	113 000	67 000	35 000	21 000
Financial Balance	−104 000	−65 000	−35 000	−21 000
Earnings Before Tax	−419 000	299 000	326 000	201 000
Tax	−90 000	66 000	75 000	19 000
Net Income	−328 000	233 000	251 000	183 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	437 000	422 000	529 000	432 000
Total Current Assets	2 139 000	2 105 000	2 142 000	742 000
Total Assets	2 577 000	2 527 000	2 671 000	1 174 000
Total Retained Equity	0	329 000	346 000	94 000
Total Equity	100 000	429 000	446 000	194 000
Total Long-Term Debt	659 000	490 000	574 000	447 000
Total Current Debt	1 818 000	1 608 000	1 651 000	515 000
Total Equity and Debt	2 577 000	2 527 000	2 671 000	1 174 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 394 000	8 732 000	7 419 000	1 785 000
Other Income	0	0	54 000	0
Revenue	7 394 000	8 732 000	7 473 000	1 785 000
Cost of Goods Sold	3 988 000	4 912 000	4 382 000	972 000
Salary Costs	1 827 000	1 940 000	1 779 000	286 000
Depreciation	148 000	132 000	87 000	37 000
Impairment	0	0	0	0
Expenditure	7 708 000	8 368 000	7 113 000	1 564 000
Operating Profit	−314 000	364 000	361 000	222 000
Financial Income	9 000	2 000	0	0
Financial Costs	113 000	67 000	35 000	21 000
Financial Balance	−104 000	−65 000	−35 000	−21 000
Dividends	0	0	0	0
Net Income	−328 000	233 000	251 000	183 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	173 000	25 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	502 000	432 000
Fixtures	265 000	397 000	27 000	0
Total Tangible Assets	265 000	397 000	529 000	432 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	437 000	422 000	529 000	432 000
Stock	1 584 000	1 509 000	846 000	431 000
Total Investments	0	0	0	0
Cash, Bank	34 000	146 000	534 000	178 000
Total Current Assets	2 139 000	2 105 000	2 142 000	742 000
Total Assets	2 577 000	2 527 000	2 671 000	1 174 000
Total Equity	100 000	429 000	446 000	194 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	659 000	490 000	574 000	447 000
Creditors	481 000	571 000	1 279 000	331 000
Unpaid Taxes	149 000	209 000	167 000	133 000
Dividends	0	0	0	0
Other Current Debt	1 187 000	746 000	148 000	49 000
Total Current Debt	1 818 000	1 608 000	1 651 000	515 000
Total Equity and Debt	2 577 000	2 527 000	2 671 000	1 174 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−328 %	54,31 %	56,28 %	94,33 %
Debt-to-Equity Ratio	6,59	1,14	1,29	2,3
Operating Profit Margin	−4,25 %	4,17 %	4,83 %	12,44 %
Current Ratio	1,18	1,31	1,3	1,44
Quick Ratio	9,14	21,26	2,66	8,83
Equity Ratio	0,04	0,17	0,17	0,17
Gross Profit Margin	46,06 %	43,75 %	41,36 %	45,55 %