VESTERÅLEN VEKST AS

8480 ANDENES

Finances

Share Ownership

Return on Equity

24,16 %

Current Ratio

0,96

Debt-to-Equity Ratio

4,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 404 000	11 504 000	9 373 000	9 708 000
Net Income	208 000	−352 000	210 000	−270 000
Total Assets	7 683 000	7 235 000	7 251 000	7 044 000
Total Equity	861 000	653 000	1 005 000	−206 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 404 000	11 504 000	9 373 000	9 708 000
Expenditure	11 976 000	11 681 000	8 925 000	9 748 000
Operating Profit	428 000	−177 000	448 000	−40 000
Financial Income	2 000	4 000	0	2 000
Financial Costs	222 000	179 000	238 000	233 000
Financial Balance	−220 000	−175 000	−238 000	−231 000
Earnings Before Tax	208 000	−352 000	210 000	−270 000
Tax	0	0	0	0
Net Income	208 000	−352 000	210 000	−270 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 881 000	5 289 000	5 072 000	5 271 000
Total Current Assets	2 802 000	1 946 000	2 179 000	1 773 000
Total Assets	7 683 000	7 235 000	7 251 000	7 044 000
Total Retained Equity	−250 000	−458 000	−106 000	−316 000
Total Equity	861 000	653 000	1 005 000	−206 000
Total Long-Term Debt	3 900 000	3 889 000	4 214 000	5 314 000
Total Current Debt	2 923 000	2 692 000	2 032 000	1 936 000
Total Equity and Debt	7 683 000	7 235 000	7 251 000	7 044 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 065 000	6 469 000	4 459 000	4 993 000
Other Income	5 339 000	5 035 000	4 914 000	4 715 000
Revenue	12 404 000	11 504 000	9 373 000	9 708 000
Cost of Goods Sold	1 714 000	1 260 000	1 098 000	1 381 000
Salary Costs	7 720 000	7 550 000	5 565 000	5 965 000
Depreciation	408 000	398 000	312 000	298 000
Impairment	0	0	0	0
Expenditure	11 976 000	11 681 000	8 925 000	9 748 000
Operating Profit	428 000	−177 000	448 000	−40 000
Financial Income	2 000	4 000	0	2 000
Financial Costs	222 000	179 000	238 000	233 000
Financial Balance	−220 000	−175 000	−238 000	−231 000
Dividends	0	0	0	0
Net Income	208 000	−352 000	210 000	−270 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 351 000	4 642 000	4 737 000	5 011 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	525 000	642 000	329 000	241 000
Total Tangible Assets	4 876 000	5 284 000	5 067 000	5 253 000
Total Fiancial Fixed Assets	5 000	5 000	5 000	19 000
Total Fixed Assets	4 881 000	5 289 000	5 072 000	5 271 000
Stock	99 000	149 000	265 000	276 000
Total Investments	0	0	0	0
Cash, Bank	343 000	302 000	293 000	234 000
Total Current Assets	2 802 000	1 946 000	2 179 000	1 773 000
Total Assets	7 683 000	7 235 000	7 251 000	7 044 000
Total Equity	861 000	653 000	1 005 000	−206 000
Short-Term Group Debt	407 000	740 000	126 000	297 000
Total Long-Term Debt	3 900 000	3 889 000	4 214 000	5 314 000
Creditors	244 000	375 000	658 000	465 000
Unpaid Taxes	1 229 000	555 000	387 000	346 000
Dividends	0	0	0	0
Other Current Debt	1 042 000	1 023 000	862 000	829 000
Total Current Debt	2 923 000	2 692 000	2 032 000	1 936 000
Total Equity and Debt	7 683 000	7 235 000	7 251 000	7 044 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,16 %	−53,91 %	20,9 %	131,07 %
Debt-to-Equity Ratio	4,53	5,96	4,19	−25,8
Operating Profit Margin	3,45 %	−1,54 %	4,78 %	−0,41 %
Current Ratio	0,96	0,72	1,07	0,92
Quick Ratio	0,99	0,77	1,23	1,07
Equity Ratio	0,11	0,09	0,14	−0,03
Gross Profit Margin	86,18 %	89,05 %	88,29 %	85,77 %