VESTERÅLEN DEKKSENTER AS

8400 SORTLAND

Finances

Share Ownership

Return on Equity

−8,39 %

Current Ratio

1,3

Debt-to-Equity Ratio

0,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 444 000	7 357 000	7 327 000	7 939 000
Net Income	−62 000	−108 000	−8 000	−569 000
Total Assets	2 622 000	2 458 000	1 667 000	2 193 000
Total Equity	739 000	758 000	819 000	827 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 444 000	7 357 000	7 327 000	7 939 000
Expenditure	7 412 000	7 447 000	7 313 000	8 660 000
Operating Profit	31 000	−91 000	14 000	−721 000
Financial Income	9 000	2 000	3 000	0
Financial Costs	111 000	49 000	19 000	9 000
Financial Balance	−102 000	−47 000	−16 000	−9 000
Earnings Before Tax	−70 000	−138 000	−3 000	−729 000
Tax	−8 000	−30 000	6 000	−160 000
Net Income	−62 000	−108 000	−8 000	−569 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	933 000	387 000	377 000	436 000
Total Current Assets	1 689 000	2 071 000	1 290 000	1 757 000
Total Assets	2 622 000	2 458 000	1 667 000	2 193 000
Total Retained Equity	−52 000	−33 000	27 000	35 000
Total Equity	739 000	758 000	819 000	827 000
Total Long-Term Debt	582 000	0	3 000	2 000
Total Current Debt	1 301 000	1 699 000	845 000	1 364 000
Total Equity and Debt	2 622 000	2 458 000	1 667 000	2 193 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 410 000	7 357 000	7 327 000	7 939 000
Other Income	34 000	0	0	0
Revenue	7 444 000	7 357 000	7 327 000	7 939 000
Cost of Goods Sold	4 302 000	5 031 000	5 139 000	5 843 000
Salary Costs	1 676 000	1 041 000	808 000	1 244 000
Depreciation	185 000	97 000	98 000	104 000
Impairment	0	0	0	0
Expenditure	7 412 000	7 447 000	7 313 000	8 660 000
Operating Profit	31 000	−91 000	14 000	−721 000
Financial Income	9 000	2 000	3 000	0
Financial Costs	111 000	49 000	19 000	9 000
Financial Balance	−102 000	−47 000	−16 000	−9 000
Dividends	0	0	0	0
Net Income	−62 000	−108 000	−8 000	−569 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 000	13 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	7 000
Fixtures	924 000	373 000	377 000	429 000
Total Tangible Assets	924 000	373 000	377 000	436 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	933 000	387 000	377 000	436 000
Stock	720 000	759 000	557 000	566 000
Total Investments	0	0	0	0
Cash, Bank	136 000	94 000	34 000	14 000
Total Current Assets	1 689 000	2 071 000	1 290 000	1 757 000
Total Assets	2 622 000	2 458 000	1 667 000	2 193 000
Total Equity	739 000	758 000	819 000	827 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	582 000	0	3 000	2 000
Creditors	515 000	963 000	629 000	660 000
Unpaid Taxes	200 000	146 000	89 000	440 000
Dividends	0	0	0	0
Other Current Debt	148 000	85 000	4 000	106 000
Total Current Debt	1 301 000	1 699 000	845 000	1 364 000
Total Equity and Debt	2 622 000	2 458 000	1 667 000	2 193 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,39 %	−14,25 %	−0,98 %	−68,8 %
Debt-to-Equity Ratio	0,79	0	0	0
Operating Profit Margin	0,42 %	−1,24 %	0,19 %	−9,08 %
Current Ratio	1,3	1,22	1,53	1,29
Quick Ratio	2,91	2,2	4,48	2,2
Equity Ratio	0,28	0,31	0,49	0,38
Gross Profit Margin	42,21 %	31,62 %	29,86 %	26,4 %