VESTERÅLSMAT SA

8400 SORTLAND

Finances

Share Ownership

Return on Equity

0,81 %

Current Ratio

2,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 453 000	8 070 000	8 424 000	8 700 000
Net Income	7 000	20 000	−5 000	68 000
Total Assets	1 440 000	1 316 000	1 545 000	1 869 000
Total Equity	864 000	858 000	838 000	843 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 453 000	8 070 000	8 424 000	8 700 000
Expenditure	7 413 000	8 024 000	8 415 000	8 585 000
Operating Profit	40 000	46 000	9 000	115 000
Financial Income	2 000	2 000	2 000	2 000
Financial Costs	21 000	21 000	23 000	19 000
Financial Balance	−19 000	−19 000	−21 000	−17 000
Earnings Before Tax	21 000	27 000	−13 000	98 000
Tax	14 000	7 000	−8 000	30 000
Net Income	7 000	20 000	−5 000	68 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 440 000	1 316 000	1 545 000	1 869 000
Total Assets	1 440 000	1 316 000	1 545 000	1 869 000
Total Retained Equity	857 000	851 000	831 000	836 000
Total Equity	864 000	858 000	838 000	843 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	575 000	459 000	707 000	1 027 000
Total Equity and Debt	1 440 000	1 316 000	1 545 000	1 869 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 453 000	8 070 000	8 404 000	8 700 000
Other Income	0	0	20 000	0
Revenue	7 453 000	8 070 000	8 424 000	8 700 000
Cost of Goods Sold	7 238 000	7 809 000	8 052 000	8 180 000
Salary Costs	53 000	53 000	64 000	60 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	7 413 000	8 024 000	8 415 000	8 585 000
Operating Profit	40 000	46 000	9 000	115 000
Financial Income	2 000	2 000	2 000	2 000
Financial Costs	21 000	21 000	23 000	19 000
Financial Balance	−19 000	−19 000	−21 000	−17 000
Dividends	0	0	0	0
Net Income	7 000	20 000	−5 000	68 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	19 000	23 000	0	58 000
Total Investments	0	0	0	0
Cash, Bank	432 000	698 000	662 000	861 000
Total Current Assets	1 440 000	1 316 000	1 545 000	1 869 000
Total Assets	1 440 000	1 316 000	1 545 000	1 869 000
Total Equity	864 000	858 000	838 000	843 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	423 000	284 000	676 000	587 000
Unpaid Taxes	112 000	139 000	0	102 000
Dividends	0	0	0	0
Other Current Debt	27 000	29 000	30 000	309 000
Total Current Debt	575 000	459 000	707 000	1 027 000
Total Equity and Debt	1 440 000	1 316 000	1 545 000	1 869 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,81 %	2,33 %	−0,6 %	8,07 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,54 %	0,57 %	0,11 %	1,32 %
Current Ratio	2,5	2,87	2,19	1,82
Quick Ratio	2,59	3,02	2,19	1,93
Equity Ratio	0,6	0,65	0,54	0,45
Gross Profit Margin	2,88 %	3,23 %	4,42 %	5,98 %