VESTLANDSGRANITT AS

6490 EIDE

Finances

Return on Equity

32,4 %

Current Ratio

1,53

Debt-to-Equity Ratio

2,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 859 000	5 202 000	5 162 000	2 729 000
Net Income	337 000	41 000	475 000	−352 000
Total Assets	4 673 000	3 734 000	3 921 000	2 660 000
Total Equity	1 040 000	703 000	662 000	186 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 859 000	5 202 000	5 162 000	2 729 000
Expenditure	5 317 000	5 077 000	4 584 000	3 061 000
Operating Profit	542 000	125 000	578 000	−332 000
Financial Income	0	13 000	78 000	3 000
Financial Costs	109 000	85 000	104 000	87 000
Financial Balance	−109 000	−72 000	−26 000	−84 000
Earnings Before Tax	432 000	53 000	553 000	−417 000
Tax	95 000	12 000	78 000	−64 000
Net Income	337 000	41 000	475 000	−352 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 800 000	1 535 000	1 421 000	1 461 000
Total Current Assets	1 872 000	2 199 000	2 501 000	1 198 000
Total Assets	4 673 000	3 734 000	3 921 000	2 660 000
Total Retained Equity	940 000	603 000	562 000	86 000
Total Equity	1 040 000	703 000	662 000	186 000
Total Long-Term Debt	2 409 000	2 246 000	2 538 000	2 088 000
Total Current Debt	1 224 000	785 000	722 000	386 000
Total Equity and Debt	4 673 000	3 734 000	3 921 000	2 660 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 820 000	5 202 000	5 133 000	2 725 000
Other Income	39 000	0	29 000	4 000
Revenue	5 859 000	5 202 000	5 162 000	2 729 000
Cost of Goods Sold	1 316 000	1 462 000	1 345 000	409 000
Salary Costs	1 882 000	2 142 000	1 758 000	1 391 000
Depreciation	243 000	232 000	232 000	170 000
Impairment	0	0	0	0
Expenditure	5 317 000	5 077 000	4 584 000	3 061 000
Operating Profit	542 000	125 000	578 000	−332 000
Financial Income	0	13 000	78 000	3 000
Financial Costs	109 000	85 000	104 000	87 000
Financial Balance	−109 000	−72 000	−26 000	−84 000
Dividends	0	0	0	0
Net Income	337 000	41 000	475 000	−352 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	109 000	121 000	132 000	144 000
Machinery and Plant Facilities	1 544 000	430 000	540 000	650 000
Fixtures	687 000	479 000	517 000	473 000
Total Tangible Assets	2 341 000	1 030 000	1 190 000	1 267 000
Total Fiancial Fixed Assets	460 000	506 000	231 000	195 000
Total Fixed Assets	2 800 000	1 535 000	1 421 000	1 461 000
Stock	1 141 000	722 000	678 000	894 000
Total Investments	0	0	0	0
Cash, Bank	503 000	1 181 000	1 712 000	120 000
Total Current Assets	1 872 000	2 199 000	2 501 000	1 198 000
Total Assets	4 673 000	3 734 000	3 921 000	2 660 000
Total Equity	1 040 000	703 000	662 000	186 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 409 000	2 246 000	2 538 000	2 088 000
Creditors	698 000	206 000	271 000	123 000
Unpaid Taxes	231 000	201 000	224 000	60 000
Dividends	0	0	0	0
Other Current Debt	245 000	354 000	225 000	203 000
Total Current Debt	1 224 000	785 000	722 000	386 000
Total Equity and Debt	4 673 000	3 734 000	3 921 000	2 660 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,4 %	5,83 %	71,75 %	−189,25 %
Debt-to-Equity Ratio	2,32	3,19	3,83	11,23
Operating Profit Margin	9,25 %	2,4 %	11,2 %	−12,17 %
Current Ratio	1,53	2,8	3,46	3,1
Quick Ratio	22,55	34,9	56,84	−2,36
Equity Ratio	0,22	0,19	0,17	0,07
Gross Profit Margin	77,54 %	71,9 %	73,94 %	85,01 %