VESTERAALENS AS

8400 SORTLAND

Finances

Return on Equity

−61,58 %

Current Ratio

0,55

Debt-to-Equity Ratio

2,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	82 284 000	86 667 000	103 977 000	67 170 000
Net Income	−23 703 000	−44 516 000	2 364 000	−10 176 000
Total Assets	189 905 000	165 807 000	224 912 000	217 906 000
Total Equity	38 492 000	62 195 000	130 062 000	127 698 000

Income (NOK)	2022	2021	2020	2019
Revenue	82 284 000	86 667 000	103 977 000	67 170 000
Expenditure	102 538 000	114 614 000	96 185 000	75 629 000
Operating Profit	−18 229 000	−26 649 000	7 791 000	−8 458 000
Financial Income	1 859 000	526 000	3 859 000	1 051 000
Financial Costs	7 333 000	5 901 000	8 638 000	5 407 000
Financial Balance	−5 474 000	−5 375 000	−4 779 000	−4 356 000
Earnings Before Tax	−23 703 000	−32 024 000	3 013 000	−12 814 000
Tax	0	12 492 000	649 000	−2 638 000
Net Income	−23 703 000	−44 516 000	2 364 000	−10 176 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	151 576 000	145 093 000	197 446 000	176 118 000
Total Current Assets	38 329 000	20 714 000	27 466 000	41 788 000
Total Assets	189 905 000	165 807 000	224 912 000	217 906 000
Total Retained Equity	−46 508 000	−22 805 000	10 287 000	7 923 000
Total Equity	38 492 000	62 195 000	130 062 000	127 698 000
Total Long-Term Debt	81 591 000	67 110 000	31 663 000	35 813 000
Total Current Debt	69 822 000	36 502 000	63 187 000	54 396 000
Total Equity and Debt	189 905 000	165 807 000	224 912 000	217 906 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	82 130 000	81 554 000	79 151 000	66 870 000
Other Income	154 000	5 113 000	24 826 000	300 000
Revenue	82 284 000	86 667 000	103 977 000	67 170 000
Cost of Goods Sold	46 114 000	55 679 000	46 740 000	32 759 000
Salary Costs	20 419 000	24 576 000	23 028 000	22 798 000
Depreciation	3 786 000	7 645 000	3 460 000	1 876 000
Impairment	6 593 000	0	0	126 000
Expenditure	102 538 000	114 614 000	96 185 000	75 629 000
Operating Profit	−18 229 000	−26 649 000	7 791 000	−8 458 000
Financial Income	1 859 000	526 000	3 859 000	1 051 000
Financial Costs	7 333 000	5 901 000	8 638 000	5 407 000
Financial Balance	−5 474 000	−5 375 000	−4 779 000	−4 356 000
Dividends	0	0	0	0
Net Income	−23 703 000	−44 516 000	2 364 000	−10 176 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	16 000 000	22 593 000	22 665 000	38 804 000
Real Eastate	1 772 000	0	0	0
Machinery and Plant Facilities	26 758 000	24 344 000	83 000	133 000
Fixtures	540 000	721 000	634 000	1 118 000
Total Tangible Assets	29 070 000	25 065 000	718 000	1 251 000
Total Fiancial Fixed Assets	106 506 000	97 435 000	174 063 000	136 064 000
Total Fixed Assets	151 576 000	145 093 000	197 446 000	176 118 000
Stock	22 613 000	7 547 000	14 769 000	25 060 000
Total Investments	0	0	0	0
Cash, Bank	1 935 000	1 022 000	1 043 000	877 000
Total Current Assets	38 329 000	20 714 000	27 466 000	41 788 000
Total Assets	189 905 000	165 807 000	224 912 000	217 906 000
Total Equity	38 492 000	62 195 000	130 062 000	127 698 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	81 591 000	67 110 000	31 663 000	35 813 000
Creditors	6 381 000	4 498 000	5 239 000	10 432 000
Unpaid Taxes	1 633 000	1 957 000	10 577 000	1 195 000
Dividends	0	0	0	0
Other Current Debt	2 460 000	3 256 000	7 113 000	4 926 000
Total Current Debt	69 822 000	36 502 000	63 187 000	54 396 000
Total Equity and Debt	189 905 000	165 807 000	224 912 000	217 906 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−61,58 %	−71,57 %	1,82 %	−7,97 %
Debt-to-Equity Ratio	2,12	1,08	0,24	0,28
Operating Profit Margin	−22,15 %	−30,75 %	7,49 %	−12,59 %
Current Ratio	0,55	0,57	0,43	0,77
Quick Ratio	0,81	0,72	0,57	1,42
Equity Ratio	0,2	0,38	0,58	0,59
Gross Profit Margin	43,96 %	35,76 %	55,05 %	51,23 %