VESTSIDEN II BORETTSLAG

1400 SKI

Finances

Share Ownership

Return on Equity

−81,98 %

Current Ratio

5,59

Debt-to-Equity Ratio

−12,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 561 000	2 391 000	2 391 000	2 240 000
Net Income	869 000	673 000	−949 000	−97 000
Total Assets	12 216 000	11 574 000	11 897 000	11 867 000
Total Equity	−1 060 000	−1 929 000	−2 602 000	−1 653 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 561 000	2 391 000	2 391 000	2 240 000
Expenditure	1 432 000	1 514 000	3 073 000	2 061 000
Operating Profit	1 130 000	878 000	−682 000	180 000
Financial Income	18 000	0	4 000	10 000
Financial Costs	279 000	205 000	271 000	287 000
Financial Balance	−261 000	−205 000	−267 000	−277 000
Earnings Before Tax	869 000	673 000	−949 000	−97 000
Tax	0	0	0	0
Net Income	869 000	673 000	−949 000	−97 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 833 000	9 745 000	9 643 000	10 373 000
Total Current Assets	2 382 000	1 829 000	2 253 000	1 494 000
Total Assets	12 216 000	11 574 000	11 897 000	11 867 000
Total Retained Equity	−1 064 000	−1 933 000	−2 606 000	−1 657 000
Total Equity	−1 060 000	−1 929 000	−2 602 000	−1 653 000
Total Long-Term Debt	12 849 000	13 146 000	13 474 000	12 553 000
Total Current Debt	426 000	357 000	1 025 000	967 000
Total Equity and Debt	12 216 000	11 574 000	11 897 000	11 867 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 561 000	2 391 000	2 391 000	2 240 000
Revenue	2 561 000	2 391 000	2 391 000	2 240 000
Cost of Goods Sold	0	0	0	0
Salary Costs	103 000	114 000	103 000	103 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 432 000	1 514 000	3 073 000	2 061 000
Operating Profit	1 130 000	878 000	−682 000	180 000
Financial Income	18 000	0	4 000	10 000
Financial Costs	279 000	205 000	271 000	287 000
Financial Balance	−261 000	−205 000	−267 000	−277 000
Dividends	0	0	0	0
Net Income	869 000	673 000	−949 000	−97 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 833 000	9 641 000	9 641 000	9 641 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	9 833 000	9 641 000	9 641 000	9 641 000
Total Fiancial Fixed Assets	0	104 000	3 000	733 000
Total Fixed Assets	9 833 000	9 745 000	9 643 000	10 373 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 945 000	1 442 000	1 908 000	1 188 000
Total Current Assets	2 382 000	1 829 000	2 253 000	1 494 000
Total Assets	12 216 000	11 574 000	11 897 000	11 867 000
Total Equity	−1 060 000	−1 929 000	−2 602 000	−1 653 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 849 000	13 146 000	13 474 000	12 553 000
Creditors	415 000	349 000	1 014 000	884 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	11 000	9 000	11 000	83 000
Total Current Debt	426 000	357 000	1 025 000	967 000
Total Equity and Debt	12 216 000	11 574 000	11 897 000	11 867 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−81,98 %	−34,89 %	36,47 %	5,87 %
Debt-to-Equity Ratio	−12,12	−6,81	−5,18	−7,59
Operating Profit Margin	44,12 %	36,72 %	−28,52 %	8,04 %
Current Ratio	5,59	5,12	2,2	1,54
Quick Ratio	5,59	5,12	2,2	1,54
Equity Ratio	−0,09	−0,17	−0,22	−0,14
Gross Profit Margin	100 %	100 %	100 %	100 %