VESTERÅLSKRAFT BREDBÅND AS

8400 SORTLAND

Finances

Return on Equity

12,4 %

Current Ratio

0,13

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	68 287 000	64 950 000	59 709 000	55 308 000
Net Income	8 628 000	9 252 000	8 594 000	7 782 000
Total Assets	137 740 000	130 398 000	131 668 000	123 901 000
Total Equity	69 562 000	64 848 000	58 552 000	53 959 000

Income (NOK)	2022	2021	2020	2019
Revenue	68 287 000	64 950 000	59 709 000	55 308 000
Expenditure	56 229 000	52 679 000	48 019 000	44 275 000
Operating Profit	12 059 000	12 271 000	11 691 000	11 033 000
Financial Income	67 000	26 000	29 000	111 000
Financial Costs	1 063 000	435 000	702 000	1 165 000
Financial Balance	−996 000	−409 000	−673 000	−1 054 000
Earnings Before Tax	11 063 000	11 862 000	11 018 000	9 978 000
Tax	2 435 000	2 610 000	2 424 000	2 196 000
Net Income	8 628 000	9 252 000	8 594 000	7 782 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	129 892 000	122 969 000	120 704 000	113 091 000
Total Current Assets	7 848 000	7 429 000	10 963 000	10 810 000
Total Assets	137 740 000	130 398 000	131 668 000	123 901 000
Total Retained Equity	47 977 000	43 264 000	36 968 000	32 374 000
Total Equity	69 562 000	64 848 000	58 552 000	53 959 000
Total Long-Term Debt	8 304 000	6 107 000	5 780 000	5 800 000
Total Current Debt	59 875 000	59 442 000	67 336 000	64 143 000
Total Equity and Debt	137 740 000	130 398 000	131 668 000	123 901 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	66 974 000	64 718 000	59 708 000	55 307 000
Other Income	1 313 000	232 000	2 000	1 000
Revenue	68 287 000	64 950 000	59 709 000	55 308 000
Cost of Goods Sold	26 760 000	25 962 000	24 636 000	22 413 000
Salary Costs	3 988 000	3 665 000	3 142 000	3 571 000
Depreciation	13 108 000	12 653 000	11 685 000	10 532 000
Impairment	0	0	0	0
Expenditure	56 229 000	52 679 000	48 019 000	44 275 000
Operating Profit	12 059 000	12 271 000	11 691 000	11 033 000
Financial Income	67 000	26 000	29 000	111 000
Financial Costs	1 063 000	435 000	702 000	1 165 000
Financial Balance	−996 000	−409 000	−673 000	−1 054 000
Dividends	3 700 000	0	4 000 000	2 000 000
Net Income	8 628 000	9 252 000	8 594 000	7 782 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	129 297 000	122 849 000	120 558 000	112 918 000
Fixtures	95 000	121 000	147 000	173 000
Total Tangible Assets	129 392 000	122 969 000	120 704 000	113 091 000
Total Fiancial Fixed Assets	500 000	0	0	0
Total Fixed Assets	129 892 000	122 969 000	120 704 000	113 091 000
Stock	1 245 000	1 442 000	947 000	720 000
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	7 848 000	7 429 000	10 963 000	10 810 000
Total Assets	137 740 000	130 398 000	131 668 000	123 901 000
Total Equity	69 562 000	64 848 000	58 552 000	53 959 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 304 000	6 107 000	5 780 000	5 800 000
Creditors	11 838 000	10 529 000	8 761 000	7 959 000
Unpaid Taxes	393 000	343 000	326 000	354 000
Dividends	3 700 000	0	4 000 000	2 000 000
Other Current Debt	43 766 000	48 570 000	54 248 000	53 711 000
Total Current Debt	59 875 000	59 442 000	67 336 000	64 143 000
Total Equity and Debt	137 740 000	130 398 000	131 668 000	123 901 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,4 %	14,27 %	14,68 %	14,42 %
Debt-to-Equity Ratio	0,12	0,09	0,1	0,11
Operating Profit Margin	17,66 %	18,89 %	19,58 %	19,95 %
Current Ratio	0,13	0,12	0,16	0,17
Quick Ratio	0,13	0,13	0,17	0,17
Equity Ratio	0,51	0,5	0,44	0,44
Gross Profit Margin	60,81 %	60,03 %	58,74 %	59,48 %