VATLAND ES AS

5542 KARMSUND

Finances

Share Ownership

Return on Equity

22,94 %

Current Ratio

0,12

Debt-to-Equity Ratio

−3,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	144 000	29 000	7 000	19 000
Net Income	−300 000	−334 000	−301 000	−257 000
Total Assets	4 766 000	4 761 000	4 618 000	4 663 000
Total Equity	−1 308 000	−1 008 000	−674 000	−373 000

Income (NOK)	2022	2021	2020	2019
Revenue	144 000	29 000	7 000	19 000
Expenditure	203 000	159 000	112 000	83 000
Operating Profit	−60 000	−131 000	−106 000	−64 000
Financial Income	2 000	0	0	0
Financial Costs	242 000	203 000	195 000	193 000
Financial Balance	−240 000	−203 000	−195 000	−193 000
Earnings Before Tax	−300 000	−334 000	−301 000	−257 000
Tax	0	0	0	0
Net Income	−300 000	−334 000	−301 000	−257 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 511 000	4 525 000	4 539 000	4 553 000
Total Current Assets	255 000	236 000	79 000	110 000
Total Assets	4 766 000	4 761 000	4 618 000	4 663 000
Total Retained Equity	−1 608 000	−1 308 000	−974 000	−673 000
Total Equity	−1 308 000	−1 008 000	−674 000	−373 000
Total Long-Term Debt	4 002 000	4 198 000	4 409 000	4 425 000
Total Current Debt	2 072 000	1 571 000	883 000	611 000
Total Equity and Debt	4 766 000	4 761 000	4 618 000	4 663 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 000	0	0	0
Other Income	116 000	29 000	7 000	19 000
Revenue	144 000	29 000	7 000	19 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	14 000	14 000	14 000	14 000
Impairment	0	0	0	0
Expenditure	203 000	159 000	112 000	83 000
Operating Profit	−60 000	−131 000	−106 000	−64 000
Financial Income	2 000	0	0	0
Financial Costs	242 000	203 000	195 000	193 000
Financial Balance	−240 000	−203 000	−195 000	−193 000
Dividends	0	0	0	0
Net Income	−300 000	−334 000	−301 000	−257 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 474 000	4 474 000	4 474 000	4 474 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	36 000	50 000	65 000	79 000
Total Tangible Assets	4 511 000	4 525 000	4 539 000	4 553 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 511 000	4 525 000	4 539 000	4 553 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	147 000	136 000	79 000	110 000
Total Current Assets	255 000	236 000	79 000	110 000
Total Assets	4 766 000	4 761 000	4 618 000	4 663 000
Total Equity	−1 308 000	−1 008 000	−674 000	−373 000
Short-Term Group Debt	2 023 000	1 569 000	859 000	609 000
Total Long-Term Debt	4 002 000	4 198 000	4 409 000	4 425 000
Creditors	0	2 000	1 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	50 000	0	24 000	2 000
Total Current Debt	2 072 000	1 571 000	883 000	611 000
Total Equity and Debt	4 766 000	4 761 000	4 618 000	4 663 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,94 %	33,13 %	44,66 %	68,9 %
Debt-to-Equity Ratio	−3,06	−4,16	−6,54	−11,86
Operating Profit Margin	−41,67 %	−451,72 %	−1 514,29 %	−336,84 %
Current Ratio	0,12	0,15	0,09	0,18
Quick Ratio	0,12	0,15	0,09	0,18
Equity Ratio	−0,27	−0,21	−0,15	−0,08
Gross Profit Margin	100 %	100 %	100 %	100 %