VESTFOLD SANDBLÅSING AS

3261 LARVIK

Finances

Share Ownership

Return on Equity

164,18 %

Current Ratio

1,18

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 119 000	9 689 000	7 519 000	8 639 000
Net Income	1 100 000	195 000	67 000	508 000
Total Assets	3 749 000	1 909 000	1 711 000	1 205 000
Total Equity	670 000	570 000	375 000	308 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 119 000	9 689 000	7 519 000	8 639 000
Expenditure	11 743 000	9 439 000	7 453 000	8 068 000
Operating Profit	1 376 000	251 000	66 000	570 000
Financial Income	10 000	3 000	3 000	7 000
Financial Costs	5 000	4 000	2 000	1 000
Financial Balance	5 000	−1 000	1 000	6 000
Earnings Before Tax	1 382 000	250 000	67 000	577 000
Tax	282 000	55 000	0	68 000
Net Income	1 100 000	195 000	67 000	508 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	198 000	251 000	325 000	167 000
Total Current Assets	3 551 000	1 658 000	1 386 000	1 038 000
Total Assets	3 749 000	1 909 000	1 711 000	1 205 000
Total Retained Equity	570 000	470 000	275 000	208 000
Total Equity	670 000	570 000	375 000	308 000
Total Long-Term Debt	67 000	89 000	110 000	0
Total Current Debt	3 012 000	1 251 000	1 225 000	897 000
Total Equity and Debt	3 749 000	1 909 000	1 711 000	1 205 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 016 000	9 582 000	7 416 000	8 558 000
Other Income	104 000	107 000	103 000	81 000
Revenue	13 119 000	9 689 000	7 519 000	8 639 000
Cost of Goods Sold	4 323 000	2 839 000	1 980 000	2 319 000
Salary Costs	4 753 000	4 162 000	3 503 000	3 333 000
Depreciation	72 000	69 000	24 000	22 000
Impairment	0	0	0	0
Expenditure	11 743 000	9 439 000	7 453 000	8 068 000
Operating Profit	1 376 000	251 000	66 000	570 000
Financial Income	10 000	3 000	3 000	7 000
Financial Costs	5 000	4 000	2 000	1 000
Financial Balance	5 000	−1 000	1 000	6 000
Dividends	1 000 000	0	0	0
Net Income	1 100 000	195 000	67 000	508 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	19 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	134 000	206 000	235 000	77 000
Fixtures	0	0	0	0
Total Tangible Assets	134 000	206 000	235 000	77 000
Total Fiancial Fixed Assets	45 000	45 000	90 000	90 000
Total Fixed Assets	198 000	251 000	325 000	167 000
Stock	547 000	465 000	384 000	320 000
Total Investments	0	0	0	0
Cash, Bank	1 607 000	952 000	643 000	475 000
Total Current Assets	3 551 000	1 658 000	1 386 000	1 038 000
Total Assets	3 749 000	1 909 000	1 711 000	1 205 000
Total Equity	670 000	570 000	375 000	308 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	67 000	89 000	110 000	0
Creditors	466 000	166 000	274 000	187 000
Unpaid Taxes	697 000	512 000	513 000	309 000
Dividends	1 000 000	0	0	0
Other Current Debt	548 000	518 000	438 000	333 000
Total Current Debt	3 012 000	1 251 000	1 225 000	897 000
Total Equity and Debt	3 749 000	1 909 000	1 711 000	1 205 000

Financial indicators	2022	2021	2020	2019
Return on Equity	164,18 %	34,21 %	17,87 %	164,94 %
Debt-to-Equity Ratio	0,1	0,16	0,29	0
Operating Profit Margin	10,49 %	2,59 %	0,88 %	6,6 %
Current Ratio	1,18	1,33	1,13	1,16
Quick Ratio	1,44	2,11	1,65	1,8
Equity Ratio	0,18	0,3	0,22	0,26
Gross Profit Margin	67,05 %	70,7 %	73,67 %	73,16 %