VESTGLIMT AS

6987 BULANDET

Finances

Share Ownership

Return on Equity

5,78 %

Current Ratio

1,69

Debt-to-Equity Ratio

3,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 177 000	18 816 000	21 417 000	10 874 000
Net Income	1 278 000	−737 000	127 000	−498 000
Total Assets	100 435 000	102 147 000	107 508 000	72 987 000
Total Equity	22 103 000	20 825 000	21 562 000	16 764 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 177 000	18 816 000	21 417 000	10 874 000
Expenditure	20 338 000	17 288 000	18 287 000	9 686 000
Operating Profit	4 839 000	1 528 000	3 130 000	1 188 000
Financial Income	8 000	61 000	14 000	81 000
Financial Costs	3 209 000	2 534 000	2 941 000	1 760 000
Financial Balance	−3 201 000	−2 473 000	−2 927 000	−1 679 000
Earnings Before Tax	1 638 000	−945 000	203 000	−491 000
Tax	360 000	−208 000	77 000	7 000
Net Income	1 278 000	−737 000	127 000	−498 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	91 018 000	94 892 000	98 525 000	66 109 000
Total Current Assets	9 418 000	7 255 000	8 983 000	6 877 000
Total Assets	100 435 000	102 147 000	107 508 000	72 987 000
Total Retained Equity	4 751 000	3 474 000	4 211 000	971 000
Total Equity	22 103 000	20 825 000	21 562 000	16 764 000
Total Long-Term Debt	72 749 000	75 749 000	78 080 000	51 613 000
Total Current Debt	5 583 000	5 573 000	7 866 000	4 610 000
Total Equity and Debt	100 435 000	102 147 000	107 508 000	72 987 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 977 000	18 239 000	20 632 000	10 874 000
Other Income	200 000	576 000	785 000	0
Revenue	25 177 000	18 816 000	21 417 000	10 874 000
Cost of Goods Sold	0	0	0	0
Salary Costs	8 962 000	6 770 000	7 742 000	3 822 000
Depreciation	4 802 000	4 640 000	4 231 000	2 234 000
Impairment	0	0	0	0
Expenditure	20 338 000	17 288 000	18 287 000	9 686 000
Operating Profit	4 839 000	1 528 000	3 130 000	1 188 000
Financial Income	8 000	61 000	14 000	81 000
Financial Costs	3 209 000	2 534 000	2 941 000	1 760 000
Financial Balance	−3 201 000	−2 473 000	−2 927 000	−1 679 000
Dividends	0	0	0	0
Net Income	1 278 000	−737 000	127 000	−498 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	72 882 000	76 412 000	79 141 000	50 397 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	18 000
Fixtures	1 661 000	1 990 000	2 004 000	194 000
Total Tangible Assets	18 133 000	18 478 000	19 382 000	15 711 000
Total Fiancial Fixed Assets	2 000	2 000	2 000	2 000
Total Fixed Assets	91 018 000	94 892 000	98 525 000	66 109 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 893 000	6 638 000	8 702 000	5 754 000
Total Current Assets	9 418 000	7 255 000	8 983 000	6 877 000
Total Assets	100 435 000	102 147 000	107 508 000	72 987 000
Total Equity	22 103 000	20 825 000	21 562 000	16 764 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	72 749 000	75 749 000	78 080 000	51 613 000
Creditors	1 774 000	815 000	2 789 000	2 091 000
Unpaid Taxes	3 520 000	2 395 000	1 955 000	695 000
Dividends	0	0	0	0
Other Current Debt	290 000	2 362 000	3 122 000	1 824 000
Total Current Debt	5 583 000	5 573 000	7 866 000	4 610 000
Total Equity and Debt	100 435 000	102 147 000	107 508 000	72 987 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,78 %	−3,54 %	0,59 %	−2,97 %
Debt-to-Equity Ratio	3,29	3,64	3,62	3,08
Operating Profit Margin	19,22 %	8,12 %	14,61 %	10,93 %
Current Ratio	1,69	1,3	1,14	1,49
Quick Ratio	1,69	1,3	1,14	1,49
Equity Ratio	0,22	0,2	0,2	0,23
Gross Profit Margin	100 %	100 %	100 %	100 %