VEST-NORSK HANDELSKOMPANI AS

4250 KOPERVIK

Finances

Return on Equity

40,75 %

Current Ratio

2,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	133 000	418 000	411 000	403 000
Net Income	18 615 000	7 859 000	1 716 000	1 410 000
Total Assets	49 884 000	43 357 000	41 718 000	40 662 000
Total Equity	45 679 000	35 564 000	36 706 000	38 089 000

Income (NOK)	2022	2021	2020	2019
Revenue	133 000	418 000	411 000	403 000
Expenditure	121 000	142 000	122 000	154 000
Operating Profit	12 000	276 000	289 000	249 000
Financial Income	18 770 000	7 743 000	1 317 000	1 316 000
Financial Costs	26 000	61 000	−166 000	116 000
Financial Balance	18 744 000	7 682 000	1 483 000	1 200 000
Earnings Before Tax	18 756 000	7 958 000	1 771 000	1 449 000
Tax	141 000	99 000	55 000	39 000
Net Income	18 615 000	7 859 000	1 716 000	1 410 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	39 822 000	42 408 000	40 618 000	40 376 000
Total Current Assets	10 062 000	949 000	1 099 000	286 000
Total Assets	49 884 000	43 357 000	41 718 000	40 662 000
Total Retained Equity	42 981 000	32 866 000	34 007 000	35 391 000
Total Equity	45 679 000	35 564 000	36 706 000	38 089 000
Total Long-Term Debt	56 000	1 685 000	1 858 000	2 520 000
Total Current Debt	4 148 000	6 108 000	3 154 000	53 000
Total Equity and Debt	49 884 000	43 357 000	41 718 000	40 662 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	110 000	418 000	411 000	403 000
Other Income	23 000	0	0	0
Revenue	133 000	418 000	411 000	403 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	3 000	32 000	30 000	29 000
Impairment	0	0	0	0
Expenditure	121 000	142 000	122 000	154 000
Operating Profit	12 000	276 000	289 000	249 000
Financial Income	18 770 000	7 743 000	1 317 000	1 316 000
Financial Costs	26 000	61 000	−166 000	116 000
Financial Balance	18 744 000	7 682 000	1 483 000	1 200 000
Dividends	3 000 000	3 000 000	3 100 000	0
Net Income	18 615 000	7 859 000	1 716 000	1 410 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	2 577 000	2 606 000	2 635 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	53 000	47 000	50 000	0
Total Tangible Assets	53 000	2 624 000	2 656 000	2 635 000
Total Fiancial Fixed Assets	39 768 000	39 785 000	37 963 000	37 741 000
Total Fixed Assets	39 822 000	42 408 000	40 618 000	40 376 000
Stock	0	0	0	0
Total Investments	525 000	241 000	0	0
Cash, Bank	9 535 000	692 000	1 084 000	173 000
Total Current Assets	10 062 000	949 000	1 099 000	286 000
Total Assets	49 884 000	43 357 000	41 718 000	40 662 000
Total Equity	45 679 000	35 564 000	36 706 000	38 089 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	56 000	1 685 000	1 858 000	2 520 000
Creditors	0	0	0	0
Unpaid Taxes	0	11 000	4 000	17 000
Dividends	3 000 000	3 000 000	3 100 000	0
Other Current Debt	0	0	0	0
Total Current Debt	4 148 000	6 108 000	3 154 000	53 000
Total Equity and Debt	49 884 000	43 357 000	41 718 000	40 662 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,75 %	22,1 %	4,67 %	3,7 %
Debt-to-Equity Ratio	0	0,05	0,05	0,07
Operating Profit Margin	9,02 %	66,03 %	70,32 %	61,79 %
Current Ratio	2,43	0,16	0,35	5,4
Quick Ratio	2,43	0,16	0,35	5,4
Equity Ratio	0,92	0,82	0,88	0,94
Gross Profit Margin	100 %	100 %	100 %	100 %