VESTPROD AS

5600 NORHEIMSUND

Finances

Share Ownership

Return on Equity

24,82 %

Current Ratio

0,59

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 663 000	559 000	857 000	1 151 000
Net Income	137 000	−129 000	99 000	46 000
Total Assets	799 000	910 000	933 000	806 000
Total Equity	552 000	416 000	545 000	445 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 663 000	559 000	857 000	1 151 000
Expenditure	1 495 000	698 000	715 000	1 091 000
Operating Profit	169 000	−138 000	142 000	61 000
Financial Income	5 000	6 000	5 000	6 000
Financial Costs	19 000	12 000	20 000	14 000
Financial Balance	−14 000	−6 000	−15 000	−8 000
Earnings Before Tax	155 000	−145 000	127 000	52 000
Tax	18 000	−16 000	28 000	6 000
Net Income	137 000	−129 000	99 000	46 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	722 000	488 000	596 000	649 000
Total Current Assets	77 000	421 000	337 000	156 000
Total Assets	799 000	910 000	933 000	806 000
Total Retained Equity	402 000	266 000	395 000	295 000
Total Equity	552 000	416 000	545 000	445 000
Total Long-Term Debt	117 000	69 000	135 000	6 000
Total Current Debt	130 000	425 000	254 000	354 000
Total Equity and Debt	799 000	910 000	933 000	806 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 659 000	402 000	589 000	1 119 000
Other Income	4 000	157 000	268 000	32 000
Revenue	1 663 000	559 000	857 000	1 151 000
Cost of Goods Sold	479 000	116 000	209 000	229 000
Salary Costs	413 000	134 000	91 000	362 000
Depreciation	124 000	108 000	124 000	124 000
Impairment	0	0	0	0
Expenditure	1 495 000	698 000	715 000	1 091 000
Operating Profit	169 000	−138 000	142 000	61 000
Financial Income	5 000	6 000	5 000	6 000
Financial Costs	19 000	12 000	20 000	14 000
Financial Balance	−14 000	−6 000	−15 000	−8 000
Dividends	0	0	0	0
Net Income	137 000	−129 000	99 000	46 000

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	75 000	0	0	0
Fixtures	647 000	488 000	596 000	649 000
Total Tangible Assets	722 000	488 000	596 000	649 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	722 000	488 000	596 000	649 000
Stock	5 000	121 000	5 000	15 000
Total Investments	0	0	0	0
Cash, Bank	34 000	115 000	249 000	59 000
Total Current Assets	77 000	421 000	337 000	156 000
Total Assets	799 000	910 000	933 000	806 000
Total Equity	552 000	416 000	545 000	445 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	117 000	69 000	135 000	6 000
Creditors	18 000	13 000	8 000	6 000
Unpaid Taxes	55 000	72 000	5 000	56 000
Dividends	0	0	0	0
Other Current Debt	0	204 000	1 000	2 000
Total Current Debt	130 000	425 000	254 000	354 000
Total Equity and Debt	799 000	910 000	933 000	806 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,82 %	−31,01 %	18,17 %	10,34 %
Debt-to-Equity Ratio	0,21	0,17	0,25	0,01
Operating Profit Margin	10,16 %	−24,69 %	16,57 %	5,3 %
Current Ratio	0,59	0,99	1,33	0,44
Quick Ratio	0,62	1,38	1,35	0,46
Equity Ratio	0,69	0,46	0,58	0,55
Gross Profit Margin	71,2 %	79,25 %	75,61 %	80,1 %