VESTLAND INVEST AS

0167 OSLO

Finances

Return on Equity

23,04 %

Current Ratio

8,99

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020
Revenue	60 000	0	0
Net Income	69 210 000	20 663 000	15 473 000
Total Assets	339 358 000	326 559 000	280 219 000
Total Equity	300 339 000	273 236 000	253 573 000

Income (NOK)	2022	2021	2020
Revenue	60 000	0	0
Expenditure	1 179 000	1 055 000	499 000
Operating Profit	−1 119 000	−1 055 000	−499 000
Financial Income	99 405 000	46 376 000	43 473 000
Financial Costs	29 077 000	24 657 000	27 507 000
Financial Balance	70 328 000	21 719 000	15 966 000
Earnings Before Tax	69 210 000	20 663 000	15 468 000
Tax	0	0	−6 000
Net Income	69 210 000	20 663 000	15 473 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	19 899 000	14 308 000	18 116 000
Total Current Assets	319 458 000	312 251 000	262 103 000
Total Assets	339 358 000	326 559 000	280 219 000
Total Retained Equity	41 495 000	14 387 000	−5 277 000
Total Equity	300 339 000	273 236 000	253 573 000
Total Long-Term Debt	3 500 000	500 000	500 000
Total Current Debt	35 519 000	52 823 000	26 146 000
Total Equity and Debt	339 358 000	326 559 000	280 219 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	60 000	0	0
Revenue	60 000	0	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	1 179 000	1 055 000	499 000
Operating Profit	−1 119 000	−1 055 000	−499 000
Financial Income	99 405 000	46 376 000	43 473 000
Financial Costs	29 077 000	24 657 000	27 507 000
Financial Balance	70 328 000	21 719 000	15 966 000
Dividends	28 900 000	1 000 000	20 750 000
Net Income	69 210 000	20 663 000	15 473 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	5 946 000	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	4 591 000	4 118 000	4 118 000
Total Tangible Assets	10 537 000	4 118 000	4 118 000
Total Fiancial Fixed Assets	9 362 000	10 190 000	13 998 000
Total Fixed Assets	19 899 000	14 308 000	18 116 000
Stock	0	0	0
Total Investments	294 970 000	301 337 000	259 002 000
Cash, Bank	3 092 000	−11 560 000	503 000
Total Current Assets	319 458 000	312 251 000	262 103 000
Total Assets	339 358 000	326 559 000	280 219 000
Total Equity	300 339 000	273 236 000	253 573 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	3 500 000	500 000	500 000
Creditors	−158 000	70 000	180 000
Unpaid Taxes	0	0	0
Dividends	28 900 000	1 000 000	20 750 000
Other Current Debt	12 962 000	5 510 000	10 035 000
Total Current Debt	35 519 000	52 823 000	26 146 000
Total Equity and Debt	339 358 000	326 559 000	280 219 000

Financial indicators	2022	2021	2020
Return on Equity	23,04 %	7,56 %	6,1 %
Debt-to-Equity Ratio	0,01	0	0
Operating Profit Margin	−1 865 %	-	-
Current Ratio	8,99	5,91	10,02
Quick Ratio	8,99	5,91	10,02
Equity Ratio	0,89	0,84	0,9
Gross Profit Margin	100 %	-	-