VESTAKSEN EIENDOM AS

3044 DRAMMEN

Finances

Return on Equity

18,69 %

Current Ratio

3,8

Debt-to-Equity Ratio

2,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	124 560 000	71 514 000	102 156 000	500 308 000
Net Income	58 993 000	14 360 000	13 125 000	28 086 000
Total Assets	1 049 613 000	1 276 415 000	803 862 000	684 396 000
Total Equity	315 595 000	256 602 000	267 658 000	254 892 000

Income (NOK)	2022	2021	2020	2019
Revenue	124 560 000	71 514 000	102 156 000	500 308 000
Expenditure	55 065 000	48 405 000	81 816 000	456 782 000
Operating Profit	69 495 000	23 109 000	20 341 000	43 525 000
Financial Income	40 000	314 000	425 000	613 000
Financial Costs	19 279 000	10 288 000	7 488 000	6 529 000
Financial Balance	−19 239 000	−9 974 000	−7 063 000	−5 916 000
Earnings Before Tax	50 256 000	13 134 000	13 278 000	37 609 000
Tax	−8 737 000	−1 225 000	154 000	9 523 000
Net Income	58 993 000	14 360 000	13 125 000	28 086 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	817 315 000	1 017 122 000	425 358 000	572 935 000
Total Current Assets	232 297 000	259 293 000	378 503 000	111 461 000
Total Assets	1 049 613 000	1 276 415 000	803 862 000	684 396 000
Total Retained Equity	179 187 000	119 948 000	106 955 000	124 289 000
Total Equity	315 595 000	256 602 000	267 658 000	254 892 000
Total Long-Term Debt	672 955 000	683 245 000	410 328 000	323 563 000
Total Current Debt	61 063 000	336 567 000	125 876 000	105 942 000
Total Equity and Debt	1 049 613 000	1 276 415 000	803 862 000	684 396 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 441 000	33 338 000	76 425 000	489 975 000
Other Income	117 119 000	38 176 000	25 731 000	10 332 000
Revenue	124 560 000	71 514 000	102 156 000	500 308 000
Cost of Goods Sold	16 974 000	14 699 000	58 408 000	428 949 000
Salary Costs	17 708 000	9 402 000	7 431 000	6 075 000
Depreciation	3 355 000	3 191 000	5 230 000	5 308 000
Impairment	0	0	0	0
Expenditure	55 065 000	48 405 000	81 816 000	456 782 000
Operating Profit	69 495 000	23 109 000	20 341 000	43 525 000
Financial Income	40 000	314 000	425 000	613 000
Financial Costs	19 279 000	10 288 000	7 488 000	6 529 000
Financial Balance	−19 239 000	−9 974 000	−7 063 000	−5 916 000
Dividends	0	0	0	0
Net Income	58 993 000	14 360 000	13 125 000	28 086 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	750 073 000	844 785 000	413 348 000	503 431 000
Machinery and Plant Facilities	30 086 000	156 567 000	0	58 997 000
Fixtures	4 989 000	5 750 000	1 991 000	487 000
Total Tangible Assets	785 148 000	1 007 102 000	415 339 000	562 916 000
Total Fiancial Fixed Assets	32 167 000	10 020 000	10 020 000	10 020 000
Total Fixed Assets	817 315 000	1 017 122 000	425 358 000	572 935 000
Stock	176 521 000	183 777 000	350 637 000	84 793 000
Total Investments	0	0	0	0
Cash, Bank	5 155 000	4 249 000	0	9 272 000
Total Current Assets	232 297 000	259 293 000	378 503 000	111 461 000
Total Assets	1 049 613 000	1 276 415 000	803 862 000	684 396 000
Total Equity	315 595 000	256 602 000	267 658 000	254 892 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	672 955 000	683 245 000	410 328 000	323 563 000
Creditors	9 239 000	23 041 000	79 820 000	23 068 000
Unpaid Taxes	1 288 000	1 072 000	1 571 000	1 774 000
Dividends	0	0	0	0
Other Current Debt	28 442 000	49 922 000	26 037 000	21 419 000
Total Current Debt	61 063 000	336 567 000	125 876 000	105 942 000
Total Equity and Debt	1 049 613 000	1 276 415 000	803 862 000	684 396 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,69 %	5,6 %	4,9 %	11,02 %
Debt-to-Equity Ratio	2,13	2,66	1,53	1,27
Operating Profit Margin	55,79 %	32,31 %	19,91 %	8,7 %
Current Ratio	3,8	0,77	3,01	1,05
Quick Ratio	−2,01	1,7	−1,68	5,27
Equity Ratio	0,3	0,2	0,33	0,37
Gross Profit Margin	86,37 %	79,45 %	42,82 %	14,26 %