VEST BETONG AS

4031 STAVANGER

Finances

Return on Equity

32,77 %

Current Ratio

1,42

Debt-to-Equity Ratio

0,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	245 085 000	263 271 000	327 601 000	255 696 000
Net Income	11 518 000	8 088 000	19 954 000	19 876 000
Total Assets	119 648 000	77 942 000	80 038 000	86 255 000
Total Equity	35 143 000	23 625 000	35 664 000	35 151 000

Income (NOK)	2022	2021	2020	2019
Revenue	245 085 000	263 271 000	327 601 000	255 696 000
Expenditure	229 502 000	252 749 000	301 882 000	229 519 000
Operating Profit	15 583 000	10 523 000	25 719 000	26 178 000
Financial Income	1 153 000	550 000	221 000	74 000
Financial Costs	1 900 000	640 000	306 000	737 000
Financial Balance	−747 000	−90 000	−85 000	−663 000
Earnings Before Tax	14 835 000	10 432 000	25 634 000	25 514 000
Tax	3 317 000	2 344 000	5 680 000	5 638 000
Net Income	11 518 000	8 088 000	19 954 000	19 876 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 909 000	20 396 000	6 771 000	2 033 000
Total Current Assets	102 739 000	57 546 000	73 267 000	84 222 000
Total Assets	119 648 000	77 942 000	80 038 000	86 255 000
Total Retained Equity	24 608 000	13 089 000	25 129 000	24 616 000
Total Equity	35 143 000	23 625 000	35 664 000	35 151 000
Total Long-Term Debt	12 342 000	10 024 000	713 000	4 974 000
Total Current Debt	72 164 000	44 293 000	43 661 000	46 130 000
Total Equity and Debt	119 648 000	77 942 000	80 038 000	86 255 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	242 888 000	260 851 000	327 108 000	255 696 000
Other Income	2 197 000	2 420 000	492 000	0
Revenue	245 085 000	263 271 000	327 601 000	255 696 000
Cost of Goods Sold	175 992 000	207 528 000	258 283 000	191 896 000
Salary Costs	36 989 000	30 456 000	32 152 000	29 609 000
Depreciation	1 369 000	920 000	485 000	430 000
Impairment	0	0	0	0
Expenditure	229 502 000	252 749 000	301 882 000	229 519 000
Operating Profit	15 583 000	10 523 000	25 719 000	26 178 000
Financial Income	1 153 000	550 000	221 000	74 000
Financial Costs	1 900 000	640 000	306 000	737 000
Financial Balance	−747 000	−90 000	−85 000	−663 000
Dividends	0	0	0	0
Net Income	11 518 000	8 088 000	19 954 000	19 876 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	65 000	83 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 189 000	2 278 000	1 190 000	1 427 000
Total Tangible Assets	11 020 000	11 585 000	1 190 000	1 427 000
Total Fiancial Fixed Assets	5 824 000	8 728 000	5 581 000	606 000
Total Fixed Assets	16 909 000	20 396 000	6 771 000	2 033 000
Stock	1 350 000	878 000	675 000	821 000
Total Investments	0	0	0	0
Cash, Bank	9 560 000	3 994 000	471 000	477 000
Total Current Assets	102 739 000	57 546 000	73 267 000	84 222 000
Total Assets	119 648 000	77 942 000	80 038 000	86 255 000
Total Equity	35 143 000	23 625 000	35 664 000	35 151 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 342 000	10 024 000	713 000	4 974 000
Creditors	24 623 000	29 651 000	13 377 000	18 643 000
Unpaid Taxes	10 408 000	2 086 000	6 280 000	6 590 000
Dividends	0	0	0	0
Other Current Debt	37 133 000	12 523 000	11 127 000	11 842 000
Total Current Debt	72 164 000	44 293 000	43 661 000	46 130 000
Total Equity and Debt	119 648 000	77 942 000	80 038 000	86 255 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,77 %	34,23 %	55,95 %	56,54 %
Debt-to-Equity Ratio	0,35	0,42	0,02	0,14
Operating Profit Margin	6,36 %	4 %	7,85 %	10,24 %
Current Ratio	1,42	1,3	1,68	1,83
Quick Ratio	1,45	1,33	1,7	1,86
Equity Ratio	0,29	0,3	0,45	0,41
Gross Profit Margin	28,19 %	21,17 %	21,16 %	24,95 %