VESTAKSEN AS

3044 DRAMMEN

Finances

Share Ownership

Return on Equity

16,63 %

Current Ratio

8,01

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	684 000	524 000	232 000	3 273 000
Net Income	670 000	177 000	−267 000	1 407 000
Total Assets	5 214 000	4 892 000	6 946 000	7 431 000
Total Equity	4 030 000	3 868 000	3 850 000	4 140 000

Income (NOK)	2022	2021	2020	2019
Revenue	684 000	524 000	232 000	3 273 000
Expenditure	55 000	463 000	626 000	1 065 000
Operating Profit	628 000	61 000	−395 000	2 208 000
Financial Income	232 000	183 000	130 000	0
Financial Costs	2 000	16 000	77 000	404 000
Financial Balance	230 000	167 000	53 000	−404 000
Earnings Before Tax	859 000	227 000	−342 000	1 804 000
Tax	189 000	50 000	−75 000	397 000
Net Income	670 000	177 000	−267 000	1 407 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	644 000	3 451 000	3 470 000
Total Current Assets	5 214 000	4 248 000	3 495 000	3 961 000
Total Assets	5 214 000	4 892 000	6 946 000	7 431 000
Total Retained Equity	650 000	488 000	471 000	761 000
Total Equity	4 030 000	3 868 000	3 850 000	4 140 000
Total Long-Term Debt	534 000	488 000	2 855 000	3 047 000
Total Current Debt	651 000	536 000	240 000	244 000
Total Equity and Debt	5 214 000	4 892 000	6 946 000	7 431 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 000	106 000	232 000	641 000
Other Income	665 000	418 000	0	2 632 000
Revenue	684 000	524 000	232 000	3 273 000
Cost of Goods Sold	−3 000	7 000	160 000	94 000
Salary Costs	0	0	0	0
Depreciation	3 000	19 000	19 000	199 000
Impairment	0	0	0	0
Expenditure	55 000	463 000	626 000	1 065 000
Operating Profit	628 000	61 000	−395 000	2 208 000
Financial Income	232 000	183 000	130 000	0
Financial Costs	2 000	16 000	77 000	404 000
Financial Balance	230 000	167 000	53 000	−404 000
Dividends	0	0	0	0
Net Income	670 000	177 000	−267 000	1 407 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	644 000	3 451 000	3 470 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	644 000	3 451 000	3 470 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	644 000	3 451 000	3 470 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	217 000	301 000	490 000	2 107 000
Total Current Assets	5 214 000	4 248 000	3 495 000	3 961 000
Total Assets	5 214 000	4 892 000	6 946 000	7 431 000
Total Equity	4 030 000	3 868 000	3 850 000	4 140 000
Short-Term Group Debt	651 000	205 000	29 000	0
Total Long-Term Debt	534 000	488 000	2 855 000	3 047 000
Creditors	0	3 000	45 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	328 000	166 000	244 000
Total Current Debt	651 000	536 000	240 000	244 000
Total Equity and Debt	5 214 000	4 892 000	6 946 000	7 431 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,63 %	4,58 %	−6,94 %	33,99 %
Debt-to-Equity Ratio	0,13	0,13	0,74	0,74
Operating Profit Margin	91,81 %	11,64 %	−170,26 %	67,46 %
Current Ratio	8,01	7,93	14,56	16,23
Quick Ratio	8,01	7,93	14,56	16,23
Equity Ratio	0,77	0,79	0,55	0,56
Gross Profit Margin	100,44 %	98,66 %	31,03 %	97,13 %