VESTERÅLSKRAFT AS

8400 SORTLAND

Finances

Return on Equity

9,9 %

Current Ratio

0,77

Debt-to-Equity Ratio

1,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	215 965 000	209 871 000	184 630 000	264 683 000
Net Income	28 257 000	17 259 000	35 650 000	37 685 000
Total Assets	698 390 000	624 804 000	581 040 000	596 320 000
Total Equity	285 350 000	264 293 000	252 034 000	273 409 000

Income (NOK)	2022	2021	2020	2019
Revenue	215 965 000	209 871 000	184 630 000	264 683 000
Expenditure	169 164 000	182 893 000	169 186 000	215 384 000
Operating Profit	46 801 000	26 978 000	15 444 000	49 299 000
Financial Income	1 846 000	812 000	27 592 000	1 438 000
Financial Costs	12 486 000	5 795 000	4 836 000	7 216 000
Financial Balance	−10 640 000	−4 983 000	22 756 000	−5 778 000
Earnings Before Tax	36 162 000	21 995 000	38 200 000	43 521 000
Tax	7 905 000	4 736 000	2 550 000	5 836 000
Net Income	28 257 000	17 259 000	35 650 000	37 685 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	645 623 000	588 211 000	559 323 000	561 785 000
Total Current Assets	52 767 000	36 592 000	21 717 000	34 535 000
Total Assets	698 390 000	624 804 000	581 040 000	596 320 000
Total Retained Equity	253 939 000	232 882 000	220 623 000	241 998 000
Total Equity	285 350 000	264 293 000	252 034 000	273 409 000
Total Long-Term Debt	344 896 000	286 510 000	275 831 000	241 018 000
Total Current Debt	68 144 000	74 001 000	53 175 000	81 894 000
Total Equity and Debt	698 390 000	624 804 000	581 040 000	596 320 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	214 103 000	206 585 000	182 962 000	243 303 000
Other Income	1 862 000	3 286 000	1 668 000	21 380 000
Revenue	215 965 000	209 871 000	184 630 000	264 683 000
Cost of Goods Sold	44 410 000	55 005 000	48 531 000	97 274 000
Salary Costs	38 667 000	41 338 000	39 820 000	43 440 000
Depreciation	36 816 000	39 825 000	36 953 000	36 768 000
Impairment	0	0	0	0
Expenditure	169 164 000	182 893 000	169 186 000	215 384 000
Operating Profit	46 801 000	26 978 000	15 444 000	49 299 000
Financial Income	1 846 000	812 000	27 592 000	1 438 000
Financial Costs	12 486 000	5 795 000	4 836 000	7 216 000
Financial Balance	−10 640 000	−4 983 000	22 756 000	−5 778 000
Dividends	7 200 000	5 000 000	57 025 000	10 540 000
Net Income	28 257 000	17 259 000	35 650 000	37 685 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	485 026 000	67 824 000	70 270 000	71 771 000
Machinery and Plant Facilities	129 459 000	37 789 000	38 598 000	37 476 000
Fixtures	7 920 000	121 952 000	115 868 000	110 507 000
Total Tangible Assets	622 404 000	570 353 000	548 120 000	527 204 000
Total Fiancial Fixed Assets	23 218 000	17 858 000	11 203 000	34 581 000
Total Fixed Assets	645 623 000	588 211 000	559 323 000	561 785 000
Stock	5 358 000	4 056 000	2 372 000	1 915 000
Total Investments	0	0	0	0
Cash, Bank	943 000	293 000	0	0
Total Current Assets	52 767 000	36 592 000	21 717 000	34 535 000
Total Assets	698 390 000	624 804 000	581 040 000	596 320 000
Total Equity	285 350 000	264 293 000	252 034 000	273 409 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	344 896 000	286 510 000	275 831 000	241 018 000
Creditors	22 897 000	28 309 000	15 229 000	17 252 000
Unpaid Taxes	3 672 000	3 025 000	2 953 000	3 797 000
Dividends	7 200 000	5 000 000	57 025 000	10 540 000
Other Current Debt	34 196 000	37 625 000	30 293 000	48 880 000
Total Current Debt	68 144 000	74 001 000	53 175 000	81 894 000
Total Equity and Debt	698 390 000	624 804 000	581 040 000	596 320 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,9 %	6,53 %	14,14 %	13,78 %
Debt-to-Equity Ratio	1,21	1,08	1,09	0,88
Operating Profit Margin	21,67 %	12,85 %	8,36 %	18,63 %
Current Ratio	0,77	0,49	0,41	0,42
Quick Ratio	0,84	0,52	0,43	0,43
Equity Ratio	0,41	0,42	0,43	0,46
Gross Profit Margin	79,44 %	73,79 %	73,71 %	63,25 %