VESTERÅLSGATA 110 AS

8402 SORTLAND

Finances

Return on Equity

91,45 %

Current Ratio

0,29

Debt-to-Equity Ratio

59,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 044 000	1 040 000	960 000	501 000
Net Income	107 000	134 000	−83 000	−153 000
Total Assets	7 913 000	8 161 000	8 384 000	5 924 000
Total Equity	117 000	10 000	−124 000	−41 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 044 000	1 040 000	960 000	501 000
Expenditure	496 000	511 000	723 000	496 000
Operating Profit	548 000	530 000	237 000	5 000
Financial Income	0	0	0	0
Financial Costs	407 000	358 000	344 000	201 000
Financial Balance	−407 000	−358 000	−344 000	−201 000
Earnings Before Tax	140 000	172 000	−107 000	−196 000
Tax	33 000	38 000	−23 000	−43 000
Net Income	107 000	134 000	−83 000	−153 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 653 000	7 970 000	8 299 000	5 242 000
Total Current Assets	260 000	192 000	85 000	682 000
Total Assets	7 913 000	8 161 000	8 384 000	5 924 000
Total Retained Equity	17 000	−90 000	−224 000	−141 000
Total Equity	117 000	10 000	−124 000	−41 000
Total Long-Term Debt	6 911 000	7 156 000	7 409 000	5 028 000
Total Current Debt	886 000	996 000	1 099 000	937 000
Total Equity and Debt	7 913 000	8 161 000	8 384 000	5 924 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 044 000	1 040 000	960 000	501 000
Revenue	1 044 000	1 040 000	960 000	501 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	292 000	292 000	282 000	171 000
Impairment	0	0	0	0
Expenditure	496 000	511 000	723 000	496 000
Operating Profit	548 000	530 000	237 000	5 000
Financial Income	0	0	0	0
Financial Costs	407 000	358 000	344 000	201 000
Financial Balance	−407 000	−358 000	−344 000	−201 000
Dividends	0	0	0	0
Net Income	107 000	134 000	−83 000	−153 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	25 000	63 000	39 000
Real Eastate	7 632 000	7 924 000	8 215 000	5 182 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	7 632 000	7 924 000	8 215 000	5 182 000
Total Fiancial Fixed Assets	21 000	21 000	21 000	21 000
Total Fixed Assets	7 653 000	7 970 000	8 299 000	5 242 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	86 000	42 000	85 000	59 000
Total Current Assets	260 000	192 000	85 000	682 000
Total Assets	7 913 000	8 161 000	8 384 000	5 924 000
Total Equity	117 000	10 000	−124 000	−41 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 911 000	7 156 000	7 409 000	5 028 000
Creditors	326 000	436 000	497 000	408 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	560 000	560 000	603 000	529 000
Total Current Debt	886 000	996 000	1 099 000	937 000
Total Equity and Debt	7 913 000	8 161 000	8 384 000	5 924 000

Financial indicators	2022	2021	2020	2019
Return on Equity	91,45 %	1 340 %	66,94 %	373,17 %
Debt-to-Equity Ratio	59,07	715,6	−59,75	−122,63
Operating Profit Margin	52,49 %	50,96 %	24,69 %	1 %
Current Ratio	0,29	0,19	0,08	0,73
Quick Ratio	0,29	0,19	0,08	0,73
Equity Ratio	0,01	0	−0,01	−0,01
Gross Profit Margin	100 %	100 %	100 %	100 %