VESTRE AKER ELEKTRO AS

0275 OSLO

Finances

Share Ownership

Return on Equity

45,83 %

Current Ratio

0,88

Debt-to-Equity Ratio

28,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	36 051 000	35 914 000	32 727 000	32 931 000
Net Income	44 000	188 000	−578 000	271 000
Total Assets	11 707 000	9 506 000	10 751 000	9 525 000
Total Equity	96 000	52 000	−136 000	792 000

Income (NOK)	2022	2021	2020	2019
Revenue	36 051 000	35 914 000	32 727 000	32 931 000
Expenditure	35 708 000	35 457 000	33 168 000	32 387 000
Operating Profit	343 000	458 000	−442 000	544 000
Financial Income	0	0	1 000	1 000
Financial Costs	234 000	208 000	300 000	195 000
Financial Balance	−234 000	−208 000	−299 000	−194 000
Earnings Before Tax	108 000	250 000	−741 000	350 000
Tax	64 000	62 000	−163 000	80 000
Net Income	44 000	188 000	−578 000	271 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 839 000	3 930 000	4 932 000	3 622 000
Total Current Assets	7 868 000	5 576 000	5 819 000	5 902 000
Total Assets	11 707 000	9 506 000	10 751 000	9 525 000
Total Retained Equity	−4 000	−48 000	−236 000	692 000
Total Equity	96 000	52 000	−136 000	792 000
Total Long-Term Debt	2 701 000	2 564 000	3 855 000	3 353 000
Total Current Debt	8 910 000	6 890 000	7 031 000	5 379 000
Total Equity and Debt	11 707 000	9 506 000	10 751 000	9 525 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	36 051 000	35 572 000	32 446 000	32 900 000
Other Income	0	342 000	280 000	31 000
Revenue	36 051 000	35 914 000	32 727 000	32 931 000
Cost of Goods Sold	11 197 000	11 764 000	10 671 000	9 672 000
Salary Costs	16 503 000	16 251 000	15 618 000	16 010 000
Depreciation	916 000	1 238 000	1 075 000	895 000
Impairment	0	261 000	0	0
Expenditure	35 708 000	35 457 000	33 168 000	32 387 000
Operating Profit	343 000	458 000	−442 000	544 000
Financial Income	0	0	1 000	1 000
Financial Costs	234 000	208 000	300 000	195 000
Financial Balance	−234 000	−208 000	−299 000	−194 000
Dividends	0	0	0	0
Net Income	44 000	188 000	−578 000	271 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	79 000	17 000	31 000	59 000
Real Eastate	60 000	60 000	60 000	60 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 041 000	3 301 000	4 581 000	3 244 000
Total Tangible Assets	3 101 000	3 361 000	4 641 000	3 304 000
Total Fiancial Fixed Assets	659 000	553 000	260 000	260 000
Total Fixed Assets	3 839 000	3 930 000	4 932 000	3 622 000
Stock	759 000	706 000	767 000	493 000
Total Investments	0	0	0	0
Cash, Bank	2 442 000	783 000	827 000	1 853 000
Total Current Assets	7 868 000	5 576 000	5 819 000	5 902 000
Total Assets	11 707 000	9 506 000	10 751 000	9 525 000
Total Equity	96 000	52 000	−136 000	792 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 701 000	2 564 000	3 855 000	3 353 000
Creditors	3 537 000	1 893 000	2 387 000	1 087 000
Unpaid Taxes	1 946 000	1 722 000	1 676 000	1 307 000
Dividends	0	0	0	0
Other Current Debt	3 283 000	3 211 000	2 969 000	2 896 000
Total Current Debt	8 910 000	6 890 000	7 031 000	5 379 000
Total Equity and Debt	11 707 000	9 506 000	10 751 000	9 525 000

Financial indicators	2022	2021	2020	2019
Return on Equity	45,83 %	361,54 %	425 %	34,22 %
Debt-to-Equity Ratio	28,14	49,31	−28,35	4,23
Operating Profit Margin	0,95 %	1,28 %	−1,35 %	1,65 %
Current Ratio	0,88	0,81	0,83	1,1
Quick Ratio	0,97	0,9	0,93	1,21
Equity Ratio	0,01	0,01	−0,01	0,08
Gross Profit Margin	68,94 %	67,24 %	67,39 %	70,63 %