VESTMAR TRANSPORT AS

3750 DRANGEDAL

Finances

Share Ownership

Return on Equity

−180,95 %

Current Ratio

0,88

Debt-to-Equity Ratio

16,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	32 010 000	32 988 000	36 418 000	33 042 000
Net Income	−950 000	−2 897 000	−1 082 000	−1 126 000
Total Assets	14 755 000	18 965 000	20 019 000	21 464 000
Total Equity	525 000	1 475 000	3 595 000	4 134 000

Income (NOK)	2022	2021	2020	2019
Revenue	32 010 000	32 988 000	36 418 000	33 042 000
Expenditure	32 825 000	36 433 000	37 444 000	34 104 000
Operating Profit	−815 000	−3 444 000	−1 025 000	−1 062 000
Financial Income	37 000	29 000	31 000	15 000
Financial Costs	440 000	297 000	393 000	395 000
Financial Balance	−403 000	−268 000	−362 000	−380 000
Earnings Before Tax	−1 218 000	−3 713 000	−1 387 000	−1 443 000
Tax	−268 000	−816 000	−305 000	−317 000
Net Income	−950 000	−2 897 000	−1 082 000	−1 126 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 973 000	14 328 000	13 506 000	15 296 000
Total Current Assets	4 782 000	4 637 000	6 513 000	6 169 000
Total Assets	14 755 000	18 965 000	20 019 000	21 464 000
Total Retained Equity	−4 005 000	−3 055 000	−159 000	923 000
Total Equity	525 000	1 475 000	3 595 000	4 134 000
Total Long-Term Debt	8 766 000	11 836 000	10 958 000	11 446 000
Total Current Debt	5 464 000	5 655 000	5 465 000	5 885 000
Total Equity and Debt	14 755 000	18 965 000	20 019 000	21 464 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 157 000	32 628 000	35 951 000	32 278 000
Other Income	1 852 000	360 000	467 000	765 000
Revenue	32 010 000	32 988 000	36 418 000	33 042 000
Cost of Goods Sold	13 215 000	12 566 000	13 897 000	11 734 000
Salary Costs	10 481 000	12 434 000	12 535 000	11 842 000
Depreciation	4 685 000	6 126 000	6 109 000	5 523 000
Impairment	0	0	0	0
Expenditure	32 825 000	36 433 000	37 444 000	34 104 000
Operating Profit	−815 000	−3 444 000	−1 025 000	−1 062 000
Financial Income	37 000	29 000	31 000	15 000
Financial Costs	440 000	297 000	393 000	395 000
Financial Balance	−403 000	−268 000	−362 000	−380 000
Dividends	0	0	0	0
Net Income	−950 000	−2 897 000	−1 082 000	−1 126 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 211 000	943 000	345 000	193 000
Real Eastate	0	477 000	504 000	531 000
Machinery and Plant Facilities	703 000	12 909 000	12 657 000	14 437 000
Fixtures	103 000	0	0	134 000
Total Tangible Assets	8 762 000	13 385 000	13 161 000	15 102 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 973 000	14 328 000	13 506 000	15 296 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	622 000	545 000	2 863 000	582 000
Total Current Assets	4 782 000	4 637 000	6 513 000	6 169 000
Total Assets	14 755 000	18 965 000	20 019 000	21 464 000
Total Equity	525 000	1 475 000	3 595 000	4 134 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 766 000	11 836 000	10 958 000	11 446 000
Creditors	2 693 000	1 907 000	2 053 000	2 268 000
Unpaid Taxes	629 000	906 000	995 000	1 083 000
Dividends	0	0	0	0
Other Current Debt	2 142 000	2 770 000	2 418 000	1 786 000
Total Current Debt	5 464 000	5 655 000	5 465 000	5 885 000
Total Equity and Debt	14 755 000	18 965 000	20 019 000	21 464 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−180,95 %	−196,41 %	−30,1 %	−27,24 %
Debt-to-Equity Ratio	16,7	8,02	3,05	2,77
Operating Profit Margin	−2,55 %	−10,44 %	−2,81 %	−3,21 %
Current Ratio	0,88	0,82	1,19	1,05
Quick Ratio	0,88	0,82	1,19	1,05
Equity Ratio	0,04	0,08	0,18	0,19
Gross Profit Margin	58,72 %	61,91 %	61,84 %	64,49 %