VESTSMØLA HANDEL AS

6570 SMØLA

Finances

Share Ownership

Return on Equity

−39,14 %

Current Ratio

1,95

Debt-to-Equity Ratio

1,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 428 000	12 652 000	12 822 000	11 252 000
Net Income	−310 000	56 000	533 000	148 000
Total Assets	3 142 000	2 438 000	2 399 000	2 209 000
Total Equity	792 000	1 102 000	1 046 000	512 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 428 000	12 652 000	12 822 000	11 252 000
Expenditure	12 749 000	12 547 000	12 095 000	10 987 000
Operating Profit	−320 000	105 000	728 000	266 000
Financial Income	0	0	0	0
Financial Costs	84 000	33 000	44 000	76 000
Financial Balance	−84 000	−33 000	−44 000	−76 000
Earnings Before Tax	−403 000	72 000	684 000	190 000
Tax	−93 000	16 000	150 000	42 000
Net Income	−310 000	56 000	533 000	148 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 434 000	418 000	515 000	560 000
Total Current Assets	1 708 000	2 020 000	1 884 000	1 648 000
Total Assets	3 142 000	2 438 000	2 399 000	2 209 000
Total Retained Equity	501 000	811 000	755 000	221 000
Total Equity	792 000	1 102 000	1 046 000	512 000
Total Long-Term Debt	1 474 000	140 000	322 000	484 000
Total Current Debt	876 000	1 196 000	1 031 000	1 212 000
Total Equity and Debt	3 142 000	2 438 000	2 399 000	2 209 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 287 000	12 615 000	12 744 000	11 197 000
Other Income	142 000	38 000	78 000	55 000
Revenue	12 428 000	12 652 000	12 822 000	11 252 000
Cost of Goods Sold	9 228 000	9 243 000	9 311 000	8 271 000
Salary Costs	1 998 000	2 080 000	1 735 000	1 678 000
Depreciation	247 000	108 000	116 000	122 000
Impairment	0	0	0	0
Expenditure	12 749 000	12 547 000	12 095 000	10 987 000
Operating Profit	−320 000	105 000	728 000	266 000
Financial Income	0	0	0	0
Financial Costs	84 000	33 000	44 000	76 000
Financial Balance	−84 000	−33 000	−44 000	−76 000
Dividends	0	0	0	0
Net Income	−310 000	56 000	533 000	148 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	83 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 351 000	418 000	515 000	560 000
Total Tangible Assets	1 351 000	418 000	515 000	560 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 434 000	418 000	515 000	560 000
Stock	1 030 000	1 179 000	1 084 000	993 000
Total Investments	0	0	0	0
Cash, Bank	193 000	254 000	261 000	193 000
Total Current Assets	1 708 000	2 020 000	1 884 000	1 648 000
Total Assets	3 142 000	2 438 000	2 399 000	2 209 000
Total Equity	792 000	1 102 000	1 046 000	512 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 474 000	140 000	322 000	484 000
Creditors	380 000	284 000	450 000	216 000
Unpaid Taxes	179 000	106 000	103 000	132 000
Dividends	0	0	0	0
Other Current Debt	237 000	274 000	218 000	218 000
Total Current Debt	876 000	1 196 000	1 031 000	1 212 000
Total Equity and Debt	3 142 000	2 438 000	2 399 000	2 209 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−39,14 %	5,08 %	50,96 %	28,91 %
Debt-to-Equity Ratio	1,86	0,13	0,31	0,95
Operating Profit Margin	−2,57 %	0,83 %	5,68 %	2,36 %
Current Ratio	1,95	1,69	1,83	1,36
Quick Ratio	−11,09	118,82	−35,55	7,53
Equity Ratio	0,25	0,45	0,44	0,23
Gross Profit Margin	25,75 %	26,94 %	27,38 %	26,49 %