VEST ELEKTRISKE AS

5147 FYLLINGSDALEN

Finances

Return on Equity

0,46 %

Current Ratio

1,07

Debt-to-Equity Ratio

0,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	198 884 000	204 501 000	540 000	363 000
Net Income	22 000	1 883 000	4 533 000	1 561 000
Total Assets	36 682 000	39 346 000	15 870 000	11 307 000
Total Equity	4 767 000	4 953 000	4 880 000	6 556 000

Income (NOK)	2022	2021	2020	2019
Revenue	198 884 000	204 501 000	540 000	363 000
Expenditure	198 248 000	201 602 000	1 971 000	2 597 000
Operating Profit	637 000	2 898 000	−1 431 000	−2 235 000
Financial Income	140 000	29 000	7 527 000	4 674 000
Financial Costs	748 000	512 000	284 000	438 000
Financial Balance	−608 000	−483 000	7 243 000	4 236 000
Earnings Before Tax	28 000	2 414 000	5 812 000	2 002 000
Tax	7 000	531 000	1 279 000	440 000
Net Income	22 000	1 883 000	4 533 000	1 561 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 840 000	7 849 000	5 363 000	5 363 000
Total Current Assets	29 842 000	31 497 000	10 507 000	5 944 000
Total Assets	36 682 000	39 346 000	15 870 000	11 307 000
Total Retained Equity	−742 000	−556 000	−629 000	1 047 000
Total Equity	4 767 000	4 953 000	4 880 000	6 556 000
Total Long-Term Debt	3 939 000	4 852 000	979 000	979 000
Total Current Debt	27 977 000	29 541 000	10 011 000	3 773 000
Total Equity and Debt	36 682 000	39 346 000	15 870 000	11 307 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	198 884 000	204 501 000	540 000	363 000
Other Income	0	0	0	0
Revenue	198 884 000	204 501 000	540 000	363 000
Cost of Goods Sold	160 376 000	165 022 000	0	0
Salary Costs	23 933 000	24 915 000	1 728 000	2 367 000
Depreciation	1 614 000	1 001 000	0	0
Impairment	0	0	0	0
Expenditure	198 248 000	201 602 000	1 971 000	2 597 000
Operating Profit	637 000	2 898 000	−1 431 000	−2 235 000
Financial Income	140 000	29 000	7 527 000	4 674 000
Financial Costs	748 000	512 000	284 000	438 000
Financial Balance	−608 000	−483 000	7 243 000	4 236 000
Dividends	0	0	2 500 000	0
Net Income	22 000	1 883 000	4 533 000	1 561 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	527 000	389 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	6 162 000	7 310 000	0	0
Total Tangible Assets	6 162 000	7 310 000	0	0
Total Fiancial Fixed Assets	150 000	150 000	5 363 000	5 363 000
Total Fixed Assets	6 840 000	7 849 000	5 363 000	5 363 000
Stock	24 613 000	26 158 000	0	0
Total Investments	0	0	0	0
Cash, Bank	954 000	1 161 000	2 730 000	227 000
Total Current Assets	29 842 000	31 497 000	10 507 000	5 944 000
Total Assets	36 682 000	39 346 000	15 870 000	11 307 000
Total Equity	4 767 000	4 953 000	4 880 000	6 556 000
Short-Term Group Debt	0	0	5 848 000	1 299 000
Total Long-Term Debt	3 939 000	4 852 000	979 000	979 000
Creditors	9 492 000	7 934 000	5 000	5 000
Unpaid Taxes	3 248 000	3 197 000	150 000	280 000
Dividends	0	0	2 500 000	0
Other Current Debt	7 296 000	8 962 000	229 000	290 000
Total Current Debt	27 977 000	29 541 000	10 011 000	3 773 000
Total Equity and Debt	36 682 000	39 346 000	15 870 000	11 307 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,46 %	38,02 %	92,89 %	23,81 %
Debt-to-Equity Ratio	0,83	0,98	0,2	0,15
Operating Profit Margin	0,32 %	1,42 %	−265 %	−615,7 %
Current Ratio	1,07	1,07	1,05	1,58
Quick Ratio	8,87	9,31	1,05	1,58
Equity Ratio	0,13	0,13	0,31	0,58
Gross Profit Margin	19,36 %	19,31 %	100 %	100 %