VESTKORN MILLING AS

4120 TAU

Finances

Share Ownership

Return on Equity

−707,02 %

Current Ratio

0,64

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	207 907 000	213 421 000	210 664 000	211 383 000
Net Income	−41 884 000	−6 026 000	16 550 000	20 718 000
Total Assets	238 896 000	155 367 000	139 910 000	101 464 000
Total Equity	5 924 000	47 809 000	52 455 000	38 905 000

Income (NOK)	2022	2021	2020	2019
Revenue	207 907 000	213 421 000	210 664 000	211 383 000
Expenditure	286 481 000	223 569 000	188 251 000	179 543 000
Operating Profit	−48 718 000	−5 879 000	23 054 000	28 426 000
Financial Income	225 000	152 000	709 000	555 000
Financial Costs	5 193 000	2 077 000	2 772 000	2 410 000
Financial Balance	−4 968 000	−1 925 000	−2 063 000	−1 855 000
Earnings Before Tax	−53 687 000	−7 805 000	20 991 000	26 571 000
Tax	−11 802 000	−1 778 000	4 441 000	5 853 000
Net Income	−41 884 000	−6 026 000	16 550 000	20 718 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	89 106 000	81 732 000	71 190 000	44 309 000
Total Current Assets	149 790 000	73 635 000	68 720 000	57 155 000
Total Assets	238 896 000	155 367 000	139 910 000	101 464 000
Total Retained Equity	0	41 866 000	47 893 000	34 343 000
Total Equity	5 924 000	47 809 000	52 455 000	38 905 000
Total Long-Term Debt	0	40 504 000	46 890 000	26 142 000
Total Current Debt	232 972 000	67 055 000	40 565 000	36 417 000
Total Equity and Debt	238 896 000	155 367 000	139 910 000	101 464 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	207 907 000	211 921 000	205 864 000	211 383 000
Other Income	0	1 500 000	4 800 000	0
Revenue	207 907 000	213 421 000	210 664 000	211 383 000
Cost of Goods Sold	197 265 000	159 096 000	138 133 000	129 661 000
Salary Costs	39 278 000	28 209 000	26 018 000	22 445 000
Depreciation	9 740 000	8 298 000	5 931 000	4 985 000
Impairment	0	0	0	0
Expenditure	286 481 000	223 569 000	188 251 000	179 543 000
Operating Profit	−48 718 000	−5 879 000	23 054 000	28 426 000
Financial Income	225 000	152 000	709 000	555 000
Financial Costs	5 193 000	2 077 000	2 772 000	2 410 000
Financial Balance	−4 968 000	−1 925 000	−2 063 000	−1 855 000
Dividends	0	0	3 000 000	4 000 000
Net Income	−41 884 000	−6 026 000	16 550 000	20 718 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	30 000	70 000
Total Intangible Assets	15 998 000	4 000 000	30 000	70 000
Real Eastate	0	0	0	1 450 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	73 043 000	67 867 000	71 095 000	42 724 000
Total Tangible Assets	73 043 000	67 867 000	71 095 000	44 174 000
Total Fiancial Fixed Assets	65 000	9 865 000	65 000	65 000
Total Fixed Assets	89 106 000	81 732 000	71 190 000	44 309 000
Stock	87 773 000	55 938 000	39 098 000	32 782 000
Total Investments	0	0	0	0
Cash, Bank	50 150 000	1 156 000	978 000	721 000
Total Current Assets	149 790 000	73 635 000	68 720 000	57 155 000
Total Assets	238 896 000	155 367 000	139 910 000	101 464 000
Total Equity	5 924 000	47 809 000	52 455 000	38 905 000
Short-Term Group Debt	212 615 000	2 500 000	0	0
Total Long-Term Debt	0	40 504 000	46 890 000	26 142 000
Creditors	11 085 000	12 825 000	4 311 000	4 803 000
Unpaid Taxes	2 975 000	2 241 000	1 870 000	1 377 000
Dividends	0	0	3 000 000	4 000 000
Other Current Debt	6 298 000	5 226 000	4 107 000	6 022 000
Total Current Debt	232 972 000	67 055 000	40 565 000	36 417 000
Total Equity and Debt	238 896 000	155 367 000	139 910 000	101 464 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−707,02 %	−12,6 %	31,55 %	53,25 %
Debt-to-Equity Ratio	0	0,85	0,89	0,67
Operating Profit Margin	−23,43 %	−2,75 %	10,94 %	13,45 %
Current Ratio	0,64	1,1	1,69	1,57
Quick Ratio	1,03	6,62	46,84	15,72
Equity Ratio	0,02	0,31	0,37	0,38
Gross Profit Margin	5,12 %	25,45 %	34,43 %	38,66 %