VORMAVEGEN EIENDOM AS

2080 EIDSVOLL

Finances

Share Ownership

Return on Equity

1 910 %

Current Ratio

3,55

Debt-to-Equity Ratio

−777,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 116 000	982 000	924 000	298 000
Net Income	−382 000	−293 000	−288 000	−168 000
Total Assets	15 718 000	15 980 000	15 634 000	15 913 000
Total Equity	−20 000	−138 000	−473 000	−184 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 116 000	982 000	924 000	298 000
Expenditure	585 000	526 000	450 000	201 000
Operating Profit	531 000	456 000	474 000	97 000
Financial Income	0	0	0	1 000
Financial Costs	914 000	749 000	762 000	266 000
Financial Balance	−914 000	−749 000	−762 000	−265 000
Earnings Before Tax	−382 000	−293 000	−288 000	−168 000
Tax	0	0	0	0
Net Income	−382 000	−293 000	−288 000	−168 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 029 000	15 287 000	15 545 000	15 803 000
Total Current Assets	689 000	693 000	89 000	110 000
Total Assets	15 718 000	15 980 000	15 634 000	15 913 000
Total Retained Equity	−50 000	−168 000	−503 000	−214 000
Total Equity	−20 000	−138 000	−473 000	−184 000
Total Long-Term Debt	15 544 000	15 500 000	15 507 000	15 518 000
Total Current Debt	194 000	618 000	600 000	579 000
Total Equity and Debt	15 718 000	15 980 000	15 634 000	15 913 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	12 000	0	0
Other Income	1 116 000	970 000	924 000	298 000
Revenue	1 116 000	982 000	924 000	298 000
Cost of Goods Sold	0	0	4 000	0
Salary Costs	1 000	0	0	0
Depreciation	258 000	258 000	258 000	86 000
Impairment	0	0	0	0
Expenditure	585 000	526 000	450 000	201 000
Operating Profit	531 000	456 000	474 000	97 000
Financial Income	0	0	0	1 000
Financial Costs	914 000	749 000	762 000	266 000
Financial Balance	−914 000	−749 000	−762 000	−265 000
Dividends	0	0	0	0
Net Income	−382 000	−293 000	−288 000	−168 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	15 029 000	15 287 000	15 545 000	15 803 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	15 029 000	15 287 000	15 545 000	15 803 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 029 000	15 287 000	15 545 000	15 803 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	15 000	0	0
Total Current Assets	689 000	693 000	89 000	110 000
Total Assets	15 718 000	15 980 000	15 634 000	15 913 000
Total Equity	−20 000	−138 000	−473 000	−184 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 544 000	15 500 000	15 507 000	15 518 000
Creditors	94 000	21 000	44 000	5 000
Unpaid Taxes	20 000	23 000	17 000	17 000
Dividends	0	0	0	0
Other Current Debt	81 000	574 000	539 000	557 000
Total Current Debt	194 000	618 000	600 000	579 000
Total Equity and Debt	15 718 000	15 980 000	15 634 000	15 913 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 910 %	212,32 %	60,89 %	91,3 %
Debt-to-Equity Ratio	−777,2	−112,32	−32,78	−84,34
Operating Profit Margin	47,58 %	46,44 %	51,3 %	32,55 %
Current Ratio	3,55	1,12	0,15	0,19
Quick Ratio	3,55	1,12	0,15	0,19
Equity Ratio	−0	−0,01	−0,03	−0,01
Gross Profit Margin	100 %	100 %	99,57 %	100 %