VESTFART AS

6727 BREMANGER

Finances

Return on Equity

8,88 %

Current Ratio

2,74

Debt-to-Equity Ratio

2,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	49 480 000	52 406 000	33 593 000	33 898 000
Net Income	7 740 000	10 831 000	−3 069 000	5 887 000
Total Assets	317 925 000	323 419 000	265 421 000	265 429 000
Total Equity	87 134 000	85 150 000	79 774 000	82 843 000

Income (NOK)	2022	2021	2020	2019
Revenue	49 480 000	52 406 000	33 593 000	33 898 000
Expenditure	33 699 000	36 665 000	25 931 000	24 375 000
Operating Profit	15 781 000	15 741 000	7 661 000	9 522 000
Financial Income	866 000	1 593 000	411 000	3 005 000
Financial Costs	6 534 000	3 676 000	11 700 000	5 442 000
Financial Balance	−5 668 000	−2 083 000	−11 289 000	−2 437 000
Earnings Before Tax	10 113 000	13 658 000	−3 627 000	7 085 000
Tax	2 373 000	2 828 000	−558 000	1 198 000
Net Income	7 740 000	10 831 000	−3 069 000	5 887 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	277 189 000	280 107 000	236 602 000	241 193 000
Total Current Assets	40 736 000	43 312 000	28 819 000	24 236 000
Total Assets	317 925 000	323 419 000	265 421 000	265 429 000
Total Retained Equity	22 929 000	20 945 000	15 568 000	18 638 000
Total Equity	87 134 000	85 150 000	79 774 000	82 843 000
Total Long-Term Debt	215 927 000	221 513 000	179 583 000	176 836 000
Total Current Debt	14 864 000	16 757 000	6 064 000	5 750 000
Total Equity and Debt	317 925 000	323 419 000	265 421 000	265 429 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	49 480 000	52 406 000	33 593 000	33 898 000
Other Income	0	0	0	0
Revenue	49 480 000	52 406 000	33 593 000	33 898 000
Cost of Goods Sold	6 947 000	8 388 000	2 939 000	3 894 000
Salary Costs	14 758 000	15 031 000	10 920 000	10 575 000
Depreciation	4 590 000	4 584 000	4 584 000	4 584 000
Impairment	0	0	0	0
Expenditure	33 699 000	36 665 000	25 931 000	24 375 000
Operating Profit	15 781 000	15 741 000	7 661 000	9 522 000
Financial Income	866 000	1 593 000	411 000	3 005 000
Financial Costs	6 534 000	3 676 000	11 700 000	5 442 000
Financial Balance	−5 668 000	−2 083 000	−11 289 000	−2 437 000
Dividends	3 000 000	3 000 000	0	0
Net Income	7 740 000	10 831 000	−3 069 000	5 887 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	175 249 000	175 249 000	175 249 000	175 249 000
Real Eastate	27 000	28 000	29 000	30 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 712 000	2 262 000	3 060 000	3 858 000
Total Tangible Assets	51 922 000	56 258 000	60 842 000	65 426 000
Total Fiancial Fixed Assets	50 018 000	48 600 000	511 000	518 000
Total Fixed Assets	277 189 000	280 107 000	236 602 000	241 193 000
Stock	3 117 000	1 397 000	1 559 000	1 570 000
Total Investments	15 452 000	16 578 000	452 000	3 513 000
Cash, Bank	20 377 000	24 733 000	25 857 000	18 801 000
Total Current Assets	40 736 000	43 312 000	28 819 000	24 236 000
Total Assets	317 925 000	323 419 000	265 421 000	265 429 000
Total Equity	87 134 000	85 150 000	79 774 000	82 843 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	215 927 000	221 513 000	179 583 000	176 836 000
Creditors	759 000	190 000	308 000	332 000
Unpaid Taxes	3 947 000	4 165 000	4 715 000	3 919 000
Dividends	3 000 000	3 000 000	0	0
Other Current Debt	4 953 000	6 776 000	1 041 000	820 000
Total Current Debt	14 864 000	16 757 000	6 064 000	5 750 000
Total Equity and Debt	317 925 000	323 419 000	265 421 000	265 429 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,88 %	12,72 %	−3,85 %	7,11 %
Debt-to-Equity Ratio	2,48	2,6	2,25	2,13
Operating Profit Margin	31,89 %	30,04 %	22,81 %	28,09 %
Current Ratio	2,74	2,58	4,75	4,21
Quick Ratio	3,47	2,82	6,4	5,8
Equity Ratio	0,27	0,26	0,3	0,31
Gross Profit Margin	85,96 %	83,99 %	91,25 %	88,51 %