VESLEMYR HOLDING AS

3737 SKIEN

Finances

Return on Equity

24,69 %

Current Ratio

0,75

Debt-to-Equity Ratio

2,41

Key figures (NOK)	2021	2020	2019	2018
Revenue	3 977 000	620 000	908 000	1 239 000
Net Income	1 060 000	−357 000	−201 000	6 422 000
Total Assets	16 926 000	12 504 000	15 384 000	14 828 000
Total Equity	4 293 000	4 224 000	4 916 000	5 517 000

Income (NOK)	2021	2020	2019	2018
Revenue	3 977 000	620 000	908 000	1 239 000
Expenditure	2 105 000	559 000	770 000	804 000
Operating Profit	1 873 000	61 000	137 000	435 000
Financial Income	0	0	0	6 373 000
Financial Costs	534 000	418 000	388 000	336 000
Financial Balance	−534 000	−418 000	−388 000	6 037 000
Earnings Before Tax	1 339 000	−357 000	−251 000	6 472 000
Tax	280 000	0	−50 000	50 000
Net Income	1 060 000	−357 000	−201 000	6 422 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	15 198 000	11 806 000	14 245 000	13 053 000
Total Current Assets	1 728 000	699 000	1 139 000	1 775 000
Total Assets	16 926 000	12 504 000	15 384 000	14 828 000
Total Retained Equity	4 195 000	4 127 000	4 818 000	5 419 000
Total Equity	4 293 000	4 224 000	4 916 000	5 517 000
Total Long-Term Debt	10 342 000	8 121 000	8 238 000	6 452 000
Total Current Debt	2 291 000	159 000	2 231 000	2 860 000
Total Equity and Debt	16 926 000	12 504 000	15 384 000	14 828 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	3 064 000	0	0	0
Other Income	913 000	620 000	908 000	1 239 000
Revenue	3 977 000	620 000	908 000	1 239 000
Cost of Goods Sold	716 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	250 000	167 000	245 000	149 000
Impairment	0	0	0	0
Expenditure	2 105 000	559 000	770 000	804 000
Operating Profit	1 873 000	61 000	137 000	435 000
Financial Income	0	0	0	6 373 000
Financial Costs	534 000	418 000	388 000	336 000
Financial Balance	−534 000	−418 000	−388 000	6 037 000
Dividends	0	334 000	400 000	0
Net Income	1 060 000	−357 000	−201 000	6 422 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 415 000	6 057 000	6 202 000	6 348 000
Machinery and Plant Facilities	0	0	200 000	300 000
Fixtures	211 000	234 000	0	0
Total Tangible Assets	9 626 000	6 291 000	6 402 000	6 648 000
Total Fiancial Fixed Assets	5 572 000	5 514 000	7 843 000	6 406 000
Total Fixed Assets	15 198 000	11 806 000	14 245 000	13 053 000
Stock	0	500 000	500 000	500 000
Total Investments	0	0	0	0
Cash, Bank	1 019 000	112 000	521 000	42 000
Total Current Assets	1 728 000	699 000	1 139 000	1 775 000
Total Assets	16 926 000	12 504 000	15 384 000	14 828 000
Total Equity	4 293 000	4 224 000	4 916 000	5 517 000
Short-Term Group Debt	1 602 000	5 000	2 119 000	0
Total Long-Term Debt	10 342 000	8 121 000	8 238 000	6 452 000
Creditors	45 000	124 000	0	78 000
Unpaid Taxes	69 000	0	0	123 000
Dividends	0	334 000	400 000	0
Other Current Debt	574 000	30 000	112 000	2 659 000
Total Current Debt	2 291 000	159 000	2 231 000	2 860 000
Total Equity and Debt	16 926 000	12 504 000	15 384 000	14 828 000

Financial indicators	2021	2020	2019	2018
Return on Equity	24,69 %	−8,45 %	−4,09 %	116,4 %
Debt-to-Equity Ratio	2,41	1,92	1,68	1,17
Operating Profit Margin	47,1 %	9,84 %	15,09 %	35,11 %
Current Ratio	0,75	4,4	0,51	0,62
Quick Ratio	0,75	−2,05	0,66	0,75
Equity Ratio	0,25	0,34	0,32	0,37
Gross Profit Margin	82 %	100 %	100 %	100 %