VASTVEIT ELEKTRONIKK AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

0,97 %

Current Ratio

3,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 780 000	4 016 000	1 570 000	1 798 000
Net Income	38 000	773 000	67 000	250 000
Total Assets	5 511 000	5 805 000	4 584 000	4 536 000
Total Equity	3 918 000	3 881 000	3 108 000	3 041 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 780 000	4 016 000	1 570 000	1 798 000
Expenditure	1 774 000	3 253 000	1 530 000	1 737 000
Operating Profit	7 000	763 000	41 000	62 000
Financial Income	31 000	10 000	26 000	2 000
Financial Costs	0	0	0	0
Financial Balance	31 000	10 000	26 000	2 000
Earnings Before Tax	38 000	773 000	67 000	65 000
Tax	0	0	0	−185 000
Net Income	38 000	773 000	67 000	250 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	457 000	572 000	686 000	817 000
Total Current Assets	5 054 000	5 234 000	3 899 000	3 718 000
Total Assets	5 511 000	5 805 000	4 584 000	4 536 000
Total Retained Equity	3 818 000	3 781 000	3 008 000	2 941 000
Total Equity	3 918 000	3 881 000	3 108 000	3 041 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 593 000	1 924 000	1 476 000	1 494 000
Total Equity and Debt	5 511 000	5 805 000	4 584 000	4 536 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 780 000	4 016 000	1 570 000	1 798 000
Other Income	0	0	0	0
Revenue	1 780 000	4 016 000	1 570 000	1 798 000
Cost of Goods Sold	392 000	1 815 000	272 000	314 000
Salary Costs	828 000	835 000	851 000	877 000
Depreciation	114 000	114 000	132 000	150 000
Impairment	0	0	0	0
Expenditure	1 774 000	3 253 000	1 530 000	1 737 000
Operating Profit	7 000	763 000	41 000	62 000
Financial Income	31 000	10 000	26 000	2 000
Financial Costs	0	0	0	0
Financial Balance	31 000	10 000	26 000	2 000
Dividends	0	0	0	0
Net Income	38 000	773 000	67 000	250 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	457 000	572 000	686 000	817 000
Total Tangible Assets	457 000	572 000	686 000	817 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	457 000	572 000	686 000	817 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 925 000	2 021 000	3 354 000	2 383 000
Total Current Assets	5 054 000	5 234 000	3 899 000	3 718 000
Total Assets	5 511 000	5 805 000	4 584 000	4 536 000
Total Equity	3 918 000	3 881 000	3 108 000	3 041 000
Short-Term Group Debt	1 143 000	1 143 000	1 143 000	1 143 000
Total Long-Term Debt	0	0	0	0
Creditors	160 000	109 000	38 000	100 000
Unpaid Taxes	178 000	558 000	214 000	169 000
Dividends	0	0	0	0
Other Current Debt	112 000	116 000	82 000	83 000
Total Current Debt	1 593 000	1 924 000	1 476 000	1 494 000
Total Equity and Debt	5 511 000	5 805 000	4 584 000	4 536 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,97 %	19,92 %	2,16 %	8,22 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,39 %	19 %	2,61 %	3,45 %
Current Ratio	3,17	2,72	2,64	2,49
Quick Ratio	3,17	2,72	2,64	2,49
Equity Ratio	0,71	0,67	0,68	0,67
Gross Profit Margin	77,98 %	54,81 %	82,68 %	82,54 %