VESTNES RØR AS

6390 VESTNES

Finances

Share Ownership

Return on Equity

−4,31 %

Current Ratio

1,65

Debt-to-Equity Ratio

0,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 301 000	8 188 000	7 289 000	8 087 000
Net Income	−92 000	93 000	82 000	209 000
Total Assets	4 461 000	4 778 000	5 201 000	4 039 000
Total Equity	2 135 000	2 227 000	2 134 000	2 202 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 301 000	8 188 000	7 289 000	8 087 000
Expenditure	8 375 000	8 036 000	7 153 000	7 790 000
Operating Profit	−74 000	151 000	136 000	297 000
Financial Income	1 000	1 000	8 000	1 000
Financial Costs	43 000	33 000	40 000	29 000
Financial Balance	−42 000	−32 000	−32 000	−28 000
Earnings Before Tax	−116 000	119 000	105 000	270 000
Tax	−24 000	26 000	23 000	61 000
Net Income	−92 000	93 000	82 000	209 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 176 000	2 436 000	1 684 000	1 919 000
Total Current Assets	2 286 000	2 342 000	3 517 000	2 120 000
Total Assets	4 461 000	4 778 000	5 201 000	4 039 000
Total Retained Equity	2 105 000	2 197 000	2 104 000	2 172 000
Total Equity	2 135 000	2 227 000	2 134 000	2 202 000
Total Long-Term Debt	940 000	1 115 000	1 239 000	653 000
Total Current Debt	1 387 000	1 436 000	1 828 000	1 184 000
Total Equity and Debt	4 461 000	4 778 000	5 201 000	4 039 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 301 000	7 945 000	7 289 000	8 047 000
Other Income	0	242 000	0	40 000
Revenue	8 301 000	8 188 000	7 289 000	8 087 000
Cost of Goods Sold	4 615 000	4 268 000	3 933 000	4 609 000
Salary Costs	2 996 000	3 028 000	2 456 000	2 313 000
Depreciation	260 000	261 000	235 000	237 000
Impairment	0	0	0	0
Expenditure	8 375 000	8 036 000	7 153 000	7 790 000
Operating Profit	−74 000	151 000	136 000	297 000
Financial Income	1 000	1 000	8 000	1 000
Financial Costs	43 000	33 000	40 000	29 000
Financial Balance	−42 000	−32 000	−32 000	−28 000
Dividends	0	0	150 000	150 000
Net Income	−92 000	93 000	82 000	209 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 032 000	1 109 000	1 185 000	1 261 000
Machinery and Plant Facilities	26 000	37 000	26 000	35 000
Fixtures	1 117 000	1 290 000	474 000	624 000
Total Tangible Assets	2 176 000	2 436 000	1 684 000	1 919 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 176 000	2 436 000	1 684 000	1 919 000
Stock	870 000	777 000	650 000	608 000
Total Investments	6 000	6 000	6 000	6 000
Cash, Bank	649 000	750 000	1 903 000	774 000
Total Current Assets	2 286 000	2 342 000	3 517 000	2 120 000
Total Assets	4 461 000	4 778 000	5 201 000	4 039 000
Total Equity	2 135 000	2 227 000	2 134 000	2 202 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	940 000	1 115 000	1 239 000	653 000
Creditors	428 000	719 000	793 000	266 000
Unpaid Taxes	641 000	420 000	541 000	425 000
Dividends	0	0	150 000	150 000
Other Current Debt	317 000	297 000	297 000	274 000
Total Current Debt	1 387 000	1 436 000	1 828 000	1 184 000
Total Equity and Debt	4 461 000	4 778 000	5 201 000	4 039 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,31 %	4,18 %	3,84 %	9,49 %
Debt-to-Equity Ratio	0,44	0,5	0,58	0,3
Operating Profit Margin	−0,89 %	1,84 %	1,87 %	3,67 %
Current Ratio	1,65	1,63	1,92	1,79
Quick Ratio	4,42	3,55	2,99	3,68
Equity Ratio	0,48	0,47	0,41	0,55
Gross Profit Margin	44,4 %	47,87 %	46,04 %	43,01 %