VEST BRØYTEUTSTYR AS

5212 SØFTELAND

Finances

Share Ownership

Return on Equity

22,29 %

Current Ratio

4,07

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 918 000	22 816 000	16 259 000	13 761 000
Net Income	3 071 000	4 913 000	1 552 000	691 000
Total Assets	17 597 000	15 849 000	8 650 000	7 815 000
Total Equity	13 775 000	10 704 000	5 790 000	4 239 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 918 000	22 816 000	16 259 000	13 761 000
Expenditure	16 816 000	16 452 000	14 315 000	12 747 000
Operating Profit	4 102 000	6 364 000	1 944 000	1 014 000
Financial Income	65 000	24 000	246 000	24 000
Financial Costs	229 000	86 000	200 000	158 000
Financial Balance	−164 000	−62 000	46 000	−134 000
Earnings Before Tax	3 938 000	6 302 000	1 989 000	880 000
Tax	867 000	1 388 000	437 000	189 000
Net Income	3 071 000	4 913 000	1 552 000	691 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 844 000	2 470 000	1 119 000	1 103 000
Total Current Assets	13 754 000	13 379 000	7 531 000	6 712 000
Total Assets	17 597 000	15 849 000	8 650 000	7 815 000
Total Retained Equity	13 675 000	10 604 000	5 690 000	4 139 000
Total Equity	13 775 000	10 704 000	5 790 000	4 239 000
Total Long-Term Debt	445 000	491 000	54 000	87 000
Total Current Debt	3 377 000	4 654 000	2 806 000	3 489 000
Total Equity and Debt	17 597 000	15 849 000	8 650 000	7 815 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 426 000	22 294 000	16 218 000	13 732 000
Other Income	492 000	522 000	41 000	29 000
Revenue	20 918 000	22 816 000	16 259 000	13 761 000
Cost of Goods Sold	12 267 000	12 348 000	10 469 000	9 038 000
Salary Costs	1 961 000	1 961 000	1 837 000	1 754 000
Depreciation	467 000	391 000	361 000	321 000
Impairment	0	0	0	0
Expenditure	16 816 000	16 452 000	14 315 000	12 747 000
Operating Profit	4 102 000	6 364 000	1 944 000	1 014 000
Financial Income	65 000	24 000	246 000	24 000
Financial Costs	229 000	86 000	200 000	158 000
Financial Balance	−164 000	−62 000	46 000	−134 000
Dividends	0	0	0	0
Net Income	3 071 000	4 913 000	1 552 000	691 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	28 000	0
Real Eastate	951 000	191 000	0	0
Machinery and Plant Facilities	912 000	1 047 000	119 000	132 000
Fixtures	1 478 000	887 000	917 000	883 000
Total Tangible Assets	3 341 000	2 125 000	1 036 000	1 016 000
Total Fiancial Fixed Assets	503 000	344 000	55 000	88 000
Total Fixed Assets	3 844 000	2 470 000	1 119 000	1 103 000
Stock	3 709 000	2 504 000	3 050 000	2 215 000
Total Investments	0	0	0	0
Cash, Bank	5 123 000	6 213 000	2 450 000	1 310 000
Total Current Assets	13 754 000	13 379 000	7 531 000	6 712 000
Total Assets	17 597 000	15 849 000	8 650 000	7 815 000
Total Equity	13 775 000	10 704 000	5 790 000	4 239 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	445 000	491 000	54 000	87 000
Creditors	885 000	1 138 000	672 000	1 531 000
Unpaid Taxes	1 478 000	2 040 000	1 237 000	1 235 000
Dividends	0	0	0	0
Other Current Debt	193 000	205 000	430 000	507 000
Total Current Debt	3 377 000	4 654 000	2 806 000	3 489 000
Total Equity and Debt	17 597 000	15 849 000	8 650 000	7 815 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,29 %	45,9 %	26,8 %	16,3 %
Debt-to-Equity Ratio	0,03	0,05	0,01	0,02
Operating Profit Margin	19,61 %	27,89 %	11,96 %	7,37 %
Current Ratio	4,07	2,87	2,68	1,92
Quick Ratio	−41,43	6,22	−30,86	5,27
Equity Ratio	0,78	0,68	0,67	0,54
Gross Profit Margin	41,36 %	45,88 %	35,61 %	34,32 %