VESTNES SERVICESENTER AS

6390 VESTNES

Finances

Share Ownership

Return on Equity

52,88 %

Current Ratio

1,24

Debt-to-Equity Ratio

5,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 430 000	24 303 000	22 212 000	20 413 000
Net Income	147 000	435 000	530 000	299 000
Total Assets	9 163 000	9 970 000	11 079 000	10 592 000
Total Equity	278 000	307 000	350 000	399 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 430 000	24 303 000	22 212 000	20 413 000
Expenditure	20 103 000	23 602 000	21 336 000	19 921 000
Operating Profit	326 000	701 000	875 000	492 000
Financial Income	38 000	15 000	22 000	17 000
Financial Costs	175 000	158 000	218 000	149 000
Financial Balance	−137 000	−143 000	−196 000	−132 000
Earnings Before Tax	189 000	559 000	679 000	359 000
Tax	42 000	124 000	149 000	61 000
Net Income	147 000	435 000	530 000	299 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	178 000	254 000	372 000	514 000
Total Current Assets	8 985 000	9 716 000	10 707 000	10 078 000
Total Assets	9 163 000	9 970 000	11 079 000	10 592 000
Total Retained Equity	178 000	206 000	250 000	299 000
Total Equity	278 000	307 000	350 000	399 000
Total Long-Term Debt	1 646 000	2 193 000	2 328 000	2 749 000
Total Current Debt	7 239 000	7 470 000	8 400 000	7 445 000
Total Equity and Debt	9 163 000	9 970 000	11 079 000	10 592 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 430 000	24 303 000	22 212 000	20 413 000
Other Income	0	0	0	0
Revenue	20 430 000	24 303 000	22 212 000	20 413 000
Cost of Goods Sold	7 245 000	9 219 000	9 024 000	7 564 000
Salary Costs	8 415 000	9 703 000	7 726 000	7 619 000
Depreciation	84 000	112 000	119 000	90 000
Impairment	0	0	0	0
Expenditure	20 103 000	23 602 000	21 336 000	19 921 000
Operating Profit	326 000	701 000	875 000	492 000
Financial Income	38 000	15 000	22 000	17 000
Financial Costs	175 000	158 000	218 000	149 000
Financial Balance	−137 000	−143 000	−196 000	−132 000
Dividends	0	0	0	0
Net Income	147 000	435 000	530 000	299 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	88 000	80 000	68 000	55 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	90 000	174 000	285 000	386 000
Total Tangible Assets	90 000	174 000	285 000	386 000
Total Fiancial Fixed Assets	0	0	18 000	73 000
Total Fixed Assets	178 000	254 000	372 000	514 000
Stock	4 315 000	3 974 000	4 242 000	4 411 000
Total Investments	0	0	0	0
Cash, Bank	302 000	425 000	363 000	477 000
Total Current Assets	8 985 000	9 716 000	10 707 000	10 078 000
Total Assets	9 163 000	9 970 000	11 079 000	10 592 000
Total Equity	278 000	307 000	350 000	399 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 646 000	2 193 000	2 328 000	2 749 000
Creditors	3 395 000	4 319 000	5 499 000	4 875 000
Unpaid Taxes	1 320 000	643 000	884 000	522 000
Dividends	0	0	0	0
Other Current Debt	2 299 000	2 508 000	1 747 000	1 548 000
Total Current Debt	7 239 000	7 470 000	8 400 000	7 445 000
Total Equity and Debt	9 163 000	9 970 000	11 079 000	10 592 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,88 %	141,69 %	151,43 %	74,94 %
Debt-to-Equity Ratio	5,92	7,14	6,65	6,89
Operating Profit Margin	1,6 %	2,88 %	3,94 %	2,41 %
Current Ratio	1,24	1,3	1,27	1,35
Quick Ratio	3,07	2,78	2,58	3,32
Equity Ratio	0,03	0,03	0,03	0,04
Gross Profit Margin	64,54 %	62,07 %	59,37 %	62,95 %