VEST TELEMARK ENTREPRENØR AS

3841 FLATDAL

Finances

Share Ownership

Return on Equity

−1,92 %

Current Ratio

3,83

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 064 000	26 934 000	16 563 000	17 029 000
Net Income	−205 000	3 323 000	−1 348 000	680 000
Total Assets	15 749 000	17 559 000	14 022 000	14 803 000
Total Equity	10 699 000	10 904 000	7 839 000	8 009 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 064 000	26 934 000	16 563 000	17 029 000
Expenditure	21 322 000	22 556 000	17 296 000	17 695 000
Operating Profit	−258 000	4 379 000	−1 582 000	997 000
Financial Income	4 000	0	2 000	6 000
Financial Costs	8 000	119 000	147 000	129 000
Financial Balance	−4 000	−119 000	−145 000	−123 000
Earnings Before Tax	−262 000	4 260 000	−1 727 000	874 000
Tax	−57 000	937 000	−379 000	194 000
Net Income	−205 000	3 323 000	−1 348 000	680 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 961 000	3 817 000	4 774 000	5 409 000
Total Current Assets	12 787 000	13 742 000	9 247 000	9 394 000
Total Assets	15 749 000	17 559 000	14 022 000	14 803 000
Total Retained Equity	6 046 000	6 252 000	3 187 000	4 535 000
Total Equity	10 699 000	10 904 000	7 839 000	8 009 000
Total Long-Term Debt	1 712 000	1 781 000	1 822 000	1 812 000
Total Current Debt	3 339 000	4 874 000	4 360 000	4 982 000
Total Equity and Debt	15 749 000	17 559 000	14 022 000	14 803 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 064 000	26 934 000	16 473 000	16 919 000
Other Income	0	0	90 000	110 000
Revenue	21 064 000	26 934 000	16 563 000	17 029 000
Cost of Goods Sold	11 332 000	11 090 000	7 633 000	9 503 000
Salary Costs	3 480 000	3 810 000	3 812 000	2 748 000
Depreciation	945 000	1 139 000	1 147 000	1 063 000
Impairment	0	0	0	0
Expenditure	21 322 000	22 556 000	17 296 000	17 695 000
Operating Profit	−258 000	4 379 000	−1 582 000	997 000
Financial Income	4 000	0	2 000	6 000
Financial Costs	8 000	119 000	147 000	129 000
Financial Balance	−4 000	−119 000	−145 000	−123 000
Dividends	0	0	0	0
Net Income	−205 000	3 323 000	−1 348 000	680 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	211 000	337 000	462 000	588 000
Machinery and Plant Facilities	2 366 000	2 865 000	3 471 000	4 080 000
Fixtures	384 000	615 000	841 000	742 000
Total Tangible Assets	2 961 000	3 817 000	4 774 000	5 409 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 961 000	3 817 000	4 774 000	5 409 000
Stock	3 590 000	3 835 000	4 914 000	5 005 000
Total Investments	0	0	0	0
Cash, Bank	7 821 000	7 940 000	1 614 000	2 648 000
Total Current Assets	12 787 000	13 742 000	9 247 000	9 394 000
Total Assets	15 749 000	17 559 000	14 022 000	14 803 000
Total Equity	10 699 000	10 904 000	7 839 000	8 009 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 712 000	1 781 000	1 822 000	1 812 000
Creditors	859 000	1 205 000	841 000	1 307 000
Unpaid Taxes	540 000	741 000	265 000	322 000
Dividends	0	0	0	0
Other Current Debt	1 928 000	1 973 000	3 254 000	3 172 000
Total Current Debt	3 339 000	4 874 000	4 360 000	4 982 000
Total Equity and Debt	15 749 000	17 559 000	14 022 000	14 803 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,92 %	30,48 %	−17,2 %	8,49 %
Debt-to-Equity Ratio	0,16	0,16	0,23	0,23
Operating Profit Margin	−1,22 %	16,26 %	−9,55 %	5,85 %
Current Ratio	3,83	2,82	2,12	1,89
Quick Ratio	−50,94	13,23	−16,69	−408,43
Equity Ratio	0,68	0,62	0,56	0,54
Gross Profit Margin	46,2 %	58,83 %	53,92 %	44,2 %