VESTGASS AS

5563 FØRRESFJORDEN

Finances

Return on Equity

2,18 %

Current Ratio

29,87

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	281 000	90 000	321 000	464 000
Net Income	761 000	1 457 000	1 653 000	1 941 000
Total Assets	35 219 000	34 660 000	34 308 000	33 443 000
Total Equity	34 898 000	34 637 000	34 179 000	33 326 000

Income (NOK)	2022	2021	2020	2019
Revenue	281 000	90 000	321 000	464 000
Expenditure	148 000	60 000	65 000	66 000
Operating Profit	133 000	31 000	255 000	398 000
Financial Income	924 000	1 446 000	1 471 000	1 654 000
Financial Costs	0	0	1 000	0
Financial Balance	924 000	1 446 000	1 470 000	1 654 000
Earnings Before Tax	1 057 000	1 477 000	1 726 000	2 052 000
Tax	296 000	20 000	72 000	111 000
Net Income	761 000	1 457 000	1 653 000	1 941 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 632 000	25 632 000	25 632 000	25 632 000
Total Current Assets	9 587 000	9 028 000	8 676 000	7 811 000
Total Assets	35 219 000	34 660 000	34 308 000	33 443 000
Total Retained Equity	33 118 000	32 857 000	32 400 000	31 546 000
Total Equity	34 898 000	34 637 000	34 179 000	33 326 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	321 000	24 000	129 000	117 000
Total Equity and Debt	35 219 000	34 660 000	34 308 000	33 443 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	281 000	90 000	321 000	464 000
Other Income	0	0	0	0
Revenue	281 000	90 000	321 000	464 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	148 000	60 000	65 000	66 000
Operating Profit	133 000	31 000	255 000	398 000
Financial Income	924 000	1 446 000	1 471 000	1 654 000
Financial Costs	0	0	1 000	0
Financial Balance	924 000	1 446 000	1 470 000	1 654 000
Dividends	500 000	1 000 000	800 000	0
Net Income	761 000	1 457 000	1 653 000	1 941 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	25 632 000	25 632 000	25 632 000	25 632 000
Total Fixed Assets	25 632 000	25 632 000	25 632 000	25 632 000
Stock	0	0	0	0
Total Investments	4 336 000	4 623 000	4 386 000	4 140 000
Cash, Bank	4 564 000	4 164 000	3 743 000	3 642 000
Total Current Assets	9 587 000	9 028 000	8 676 000	7 811 000
Total Assets	35 219 000	34 660 000	34 308 000	33 443 000
Total Equity	34 898 000	34 637 000	34 179 000	33 326 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	0	0	0
Unpaid Taxes	0	4 000	56 000	6 000
Dividends	500 000	1 000 000	800 000	0
Other Current Debt	23 000	0	0	0
Total Current Debt	321 000	24 000	129 000	117 000
Total Equity and Debt	35 219 000	34 660 000	34 308 000	33 443 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,18 %	4,21 %	4,84 %	5,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	47,33 %	34,44 %	79,44 %	85,78 %
Current Ratio	29,87	376,17	67,26	66,76
Quick Ratio	29,87	376,17	67,26	66,76
Equity Ratio	0,99	1	1	1
Gross Profit Margin	100 %	100 %	100 %	100 %