VEST REKNESKAP AS

6800 FØRDE

Finances

Share Ownership

Return on Equity

45,81 %

Current Ratio

1,01

Debt-to-Equity Ratio

0,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 212 000	8 143 000	8 712 000	8 063 000
Net Income	1 701 000	1 921 000	1 557 000	1 743 000
Total Assets	8 343 000	8 085 000	6 240 000	5 502 000
Total Equity	3 713 000	3 512 000	3 091 000	3 034 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 212 000	8 143 000	8 712 000	8 063 000
Expenditure	6 985 000	5 700 000	6 752 000	5 879 000
Operating Profit	2 228 000	2 444 000	1 960 000	2 183 000
Financial Income	11 000	21 000	38 000	52 000
Financial Costs	59 000	2 000	1 000	0
Financial Balance	−48 000	19 000	37 000	52 000
Earnings Before Tax	2 181 000	2 463 000	1 996 000	2 235 000
Tax	480 000	542 000	439 000	492 000
Net Income	1 701 000	1 921 000	1 557 000	1 743 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 176 000	5 315 000	7 000	21 000
Total Current Assets	3 167 000	2 769 000	6 233 000	5 480 000
Total Assets	8 343 000	8 085 000	6 240 000	5 502 000
Total Retained Equity	3 613 000	3 412 000	2 991 000	2 934 000
Total Equity	3 713 000	3 512 000	3 091 000	3 034 000
Total Long-Term Debt	1 487 000	1 537 000	0	0
Total Current Debt	3 143 000	3 035 000	3 149 000	2 468 000
Total Equity and Debt	8 343 000	8 085 000	6 240 000	5 502 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 171 000	8 143 000	8 712 000	8 063 000
Other Income	42 000	0	0	0
Revenue	9 212 000	8 143 000	8 712 000	8 063 000
Cost of Goods Sold	0	0	0	0
Salary Costs	5 356 000	4 608 000	5 652 000	4 987 000
Depreciation	214 000	18 000	17 000	22 000
Impairment	0	0	0	0
Expenditure	6 985 000	5 700 000	6 752 000	5 879 000
Operating Profit	2 228 000	2 444 000	1 960 000	2 183 000
Financial Income	11 000	21 000	38 000	52 000
Financial Costs	59 000	2 000	1 000	0
Financial Balance	−48 000	19 000	37 000	52 000
Dividends	1 500 000	1 500 000	1 500 000	1 200 000
Net Income	1 701 000	1 921 000	1 557 000	1 743 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	7 000	5 000
Real Eastate	5 176 000	5 315 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	17 000
Total Tangible Assets	5 176 000	5 315 000	0	17 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 176 000	5 315 000	7 000	21 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 051 000	1 711 000	5 143 000	4 497 000
Total Current Assets	3 167 000	2 769 000	6 233 000	5 480 000
Total Assets	8 343 000	8 085 000	6 240 000	5 502 000
Total Equity	3 713 000	3 512 000	3 091 000	3 034 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 487 000	1 537 000	0	0
Creditors	55 000	59 000	63 000	15 000
Unpaid Taxes	630 000	569 000	629 000	345 000
Dividends	1 500 000	1 500 000	1 500 000	1 200 000
Other Current Debt	480 000	409 000	516 000	410 000
Total Current Debt	3 143 000	3 035 000	3 149 000	2 468 000
Total Equity and Debt	8 343 000	8 085 000	6 240 000	5 502 000

Financial indicators	2022	2021	2020	2019
Return on Equity	45,81 %	54,7 %	50,37 %	57,45 %
Debt-to-Equity Ratio	0,4	0,44	0	0
Operating Profit Margin	24,19 %	30,01 %	22,5 %	27,07 %
Current Ratio	1,01	0,91	1,98	2,22
Quick Ratio	1,01	0,91	1,98	2,22
Equity Ratio	0,45	0,43	0,5	0,55
Gross Profit Margin	100 %	100 %	100 %	100 %