VESTVOLLEN RENHOLD OG VEDLIKEHOLD AS

2019 SKEDSMOKORSET

Finances

Share Ownership

Return on Equity

22,18 %

Current Ratio

2,07

Debt-to-Equity Ratio

0,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 839 000	4 209 000	3 563 000	3 485 000
Net Income	193 000	550 000	424 000	57 000
Total Assets	1 997 000	1 997 000	1 510 000	1 324 000
Total Equity	870 000	677 000	378 000	228 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 839 000	4 209 000	3 563 000	3 485 000
Expenditure	3 566 000	3 497 000	3 011 000	3 400 000
Operating Profit	273 000	713 000	552 000	85 000
Financial Income	1 000	0	1 000	4 000
Financial Costs	25 000	9 000	9 000	16 000
Financial Balance	−24 000	−9 000	−8 000	−12 000
Earnings Before Tax	249 000	705 000	544 000	73 000
Tax	57 000	155 000	120 000	16 000
Net Income	193 000	550 000	424 000	57 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	447 000	100 000	177 000	272 000
Total Current Assets	1 550 000	1 897 000	1 333 000	1 052 000
Total Assets	1 997 000	1 997 000	1 510 000	1 324 000
Total Retained Equity	766 000	573 000	274 000	124 000
Total Equity	870 000	677 000	378 000	228 000
Total Long-Term Debt	379 000	163 000	214 000	268 000
Total Current Debt	748 000	1 157 000	918 000	827 000
Total Equity and Debt	1 997 000	1 997 000	1 510 000	1 324 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 839 000	4 209 000	3 563 000	3 485 000
Other Income	0	0	0	0
Revenue	3 839 000	4 209 000	3 563 000	3 485 000
Cost of Goods Sold	399 000	475 000	350 000	387 000
Salary Costs	2 684 000	2 606 000	2 300 000	2 561 000
Depreciation	109 000	87 000	91 000	94 000
Impairment	0	0	0	0
Expenditure	3 566 000	3 497 000	3 011 000	3 400 000
Operating Profit	273 000	713 000	552 000	85 000
Financial Income	1 000	0	1 000	4 000
Financial Costs	25 000	9 000	9 000	16 000
Financial Balance	−24 000	−9 000	−8 000	−12 000
Dividends	0	0	150 000	100 000
Net Income	193 000	550 000	424 000	57 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 000	12 000	3 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	428 000	0	0	0
Fixtures	9 000	88 000	174 000	265 000
Total Tangible Assets	438 000	88 000	174 000	265 000
Total Fiancial Fixed Assets	0	0	0	7 000
Total Fixed Assets	447 000	100 000	177 000	272 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 383 000	1 810 000	1 128 000	659 000
Total Current Assets	1 550 000	1 897 000	1 333 000	1 052 000
Total Assets	1 997 000	1 997 000	1 510 000	1 324 000
Total Equity	870 000	677 000	378 000	228 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	379 000	163 000	214 000	268 000
Creditors	33 000	10 000	12 000	0
Unpaid Taxes	260 000	215 000	240 000	269 000
Dividends	0	0	150 000	100 000
Other Current Debt	400 000	767 000	388 000	437 000
Total Current Debt	748 000	1 157 000	918 000	827 000
Total Equity and Debt	1 997 000	1 997 000	1 510 000	1 324 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,18 %	81,24 %	112,17 %	25 %
Debt-to-Equity Ratio	0,44	0,24	0,57	1,18
Operating Profit Margin	7,11 %	16,94 %	15,49 %	2,44 %
Current Ratio	2,07	1,64	1,45	1,27
Quick Ratio	2,07	1,64	1,45	1,27
Equity Ratio	0,44	0,34	0,25	0,17
Gross Profit Margin	89,61 %	88,71 %	90,18 %	88,9 %