VÅGSRINDEN BORETTSLAG

5015 BERGEN

Finances

Share Ownership

Return on Equity

1,74 %

Current Ratio

2,12

Debt-to-Equity Ratio

0,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 445 000	5 228 000	5 102 000	5 278 000
Net Income	654 000	1 209 000	1 389 000	−154 000
Total Assets	67 887 000	68 163 000	67 763 000	66 793 000
Total Equity	37 537 000	36 883 000	35 674 000	34 285 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 445 000	5 228 000	5 102 000	5 278 000
Expenditure	4 789 000	3 996 000	3 670 000	5 379 000
Operating Profit	657 000	1 232 000	1 432 000	−101 000
Financial Income	12 000	2 000	4 000	5 000
Financial Costs	15 000	24 000	46 000	59 000
Financial Balance	−3 000	−22 000	−42 000	−54 000
Earnings Before Tax	654 000	1 209 000	1 432 000	−101 000
Tax	0	0	0	0
Net Income	654 000	1 209 000	1 389 000	−154 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	66 332 000	66 478 000	66 435 000	66 063 000
Total Current Assets	1 555 000	1 685 000	1 328 000	730 000
Total Assets	67 887 000	68 163 000	67 763 000	66 793 000
Total Retained Equity	37 529 000	36 875 000	35 666 000	34 277 000
Total Equity	37 537 000	36 883 000	35 674 000	34 285 000
Total Long-Term Debt	29 617 000	30 385 000	31 138 000	31 879 000
Total Current Debt	733 000	895 000	951 000	629 000
Total Equity and Debt	67 887 000	68 163 000	67 763 000	66 793 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 237 000	5 134 000	0	0
Other Income	209 000	94 000	5 102 000	5 278 000
Revenue	5 445 000	5 228 000	5 102 000	5 278 000
Cost of Goods Sold	0	0	0	0
Salary Costs	326 000	326 000	281 000	232 000
Depreciation	263 000	260 000	127 000	127 000
Impairment	0	0	0	0
Expenditure	4 789 000	3 996 000	3 670 000	5 379 000
Operating Profit	657 000	1 232 000	1 432 000	−101 000
Financial Income	12 000	2 000	4 000	5 000
Financial Costs	15 000	24 000	46 000	59 000
Financial Balance	−3 000	−22 000	−42 000	−54 000
Dividends	0	0	0	0
Net Income	654 000	1 209 000	1 389 000	−154 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	65 685 000	65 685 000	65 685 000	65 685 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	647 000	793 000	750 000	378 000
Total Tangible Assets	66 332 000	66 478 000	66 435 000	66 063 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	66 332 000	66 478 000	66 435 000	66 063 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	892 000	1 085 000	758 000	344 000
Total Current Assets	1 555 000	1 685 000	1 328 000	730 000
Total Assets	67 887 000	68 163 000	67 763 000	66 793 000
Total Equity	37 537 000	36 883 000	35 674 000	34 285 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	29 617 000	30 385 000	31 138 000	31 879 000
Creditors	396 000	585 000	651 000	268 000
Unpaid Taxes	62 000	60 000	47 000	41 000
Dividends	0	0	0	0
Other Current Debt	275 000	251 000	252 000	320 000
Total Current Debt	733 000	895 000	951 000	629 000
Total Equity and Debt	67 887 000	68 163 000	67 763 000	66 793 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,74 %	3,28 %	3,89 %	−0,45 %
Debt-to-Equity Ratio	0,79	0,82	0,87	0,93
Operating Profit Margin	12,07 %	23,57 %	28,07 %	−1,91 %
Current Ratio	2,12	1,88	1,4	1,16
Quick Ratio	2,12	1,88	1,4	1,16
Equity Ratio	0,55	0,54	0,53	0,51
Gross Profit Margin	100 %	100 %	100 %	100 %