VESTBYEN TRENINGSSENTER AS

8480 ANDENES

Finances

Share Ownership

Return on Equity

6,35 %

Current Ratio

6,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 424 000	1 270 000	1 208 000	1 362 000
Net Income	89 000	124 000	121 000	90 000
Total Assets	1 515 000	1 377 000	1 409 000	1 425 000
Total Equity	1 401 000	1 312 000	1 188 000	1 067 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 424 000	1 270 000	1 208 000	1 362 000
Expenditure	1 310 000	1 105 000	1 033 000	1 222 000
Operating Profit	116 000	165 000	174 000	140 000
Financial Income	3 000	0	0	−2 000
Financial Costs	0	4 000	9 000	15 000
Financial Balance	3 000	−4 000	−9 000	−17 000
Earnings Before Tax	118 000	161 000	165 000	123 000
Tax	29 000	37 000	45 000	33 000
Net Income	89 000	124 000	121 000	90 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	815 000	836 000	910 000	1 000 000
Total Current Assets	699 000	542 000	499 000	425 000
Total Assets	1 515 000	1 377 000	1 409 000	1 425 000
Total Retained Equity	1 301 000	1 212 000	1 088 000	967 000
Total Equity	1 401 000	1 312 000	1 188 000	1 067 000
Total Long-Term Debt	0	0	86 000	229 000
Total Current Debt	114 000	65 000	136 000	129 000
Total Equity and Debt	1 515 000	1 377 000	1 409 000	1 425 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 424 000	1 270 000	1 152 000	1 362 000
Other Income	0	0	55 000	0
Revenue	1 424 000	1 270 000	1 208 000	1 362 000
Cost of Goods Sold	0	1 000	0	3 000
Salary Costs	523 000	457 000	439 000	586 000
Depreciation	118 000	110 000	135 000	134 000
Impairment	0	0	0	0
Expenditure	1 310 000	1 105 000	1 033 000	1 222 000
Operating Profit	116 000	165 000	174 000	140 000
Financial Income	3 000	0	0	−2 000
Financial Costs	0	4 000	9 000	15 000
Financial Balance	3 000	−4 000	−9 000	−17 000
Dividends	0	0	0	0
Net Income	89 000	124 000	121 000	90 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	627 000	689 000	794 000	814 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	184 000	141 000	111 000	181 000
Total Tangible Assets	810 000	831 000	905 000	995 000
Total Fiancial Fixed Assets	5 000	5 000	5 000	5 000
Total Fixed Assets	815 000	836 000	910 000	1 000 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	686 000	529 000	465 000	414 000
Total Current Assets	699 000	542 000	499 000	425 000
Total Assets	1 515 000	1 377 000	1 409 000	1 425 000
Total Equity	1 401 000	1 312 000	1 188 000	1 067 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	86 000	229 000
Creditors	17 000	−40 000	0	−3 000
Unpaid Taxes	18 000	41 000	32 000	47 000
Dividends	0	0	0	0
Other Current Debt	50 000	28 000	59 000	52 000
Total Current Debt	114 000	65 000	136 000	129 000
Total Equity and Debt	1 515 000	1 377 000	1 409 000	1 425 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,35 %	9,45 %	10,19 %	8,43 %
Debt-to-Equity Ratio	0	0	0,07	0,21
Operating Profit Margin	8,15 %	12,99 %	14,4 %	10,28 %
Current Ratio	6,13	8,34	3,67	3,29
Quick Ratio	6,13	8,34	3,67	3,29
Equity Ratio	0,92	0,95	0,84	0,75
Gross Profit Margin	100 %	99,92 %	100 %	99,78 %