STIFTELSEN VESTLANDSHALLEN

5116 ULSET

Finances

Share Ownership

Return on Equity

−1,85 %

Current Ratio

16,46

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 121 000	4 834 000	5 275 000	4 978 000
Net Income	−741 000	−825 000	−644 000	−550 000
Total Assets	40 812 000	41 379 000	42 157 000	42 892 000
Total Equity	40 090 000	40 831 000	41 656 000	42 300 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 121 000	4 834 000	5 275 000	4 978 000
Expenditure	7 043 000	5 711 000	5 831 000	5 704 000
Operating Profit	−922 000	−877 000	−556 000	−726 000
Financial Income	182 000	52 000	73 000	173 000
Financial Costs	1 000	0	0	2 000
Financial Balance	181 000	52 000	73 000	171 000
Earnings Before Tax	−741 000	−825 000	−483 000	−555 000
Tax	0	0	160 000	−5 000
Net Income	−741 000	−825 000	−644 000	−550 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 927 000	29 937 000	31 283 000	32 529 000
Total Current Assets	11 885 000	11 442 000	10 874 000	10 363 000
Total Assets	40 812 000	41 379 000	42 157 000	42 892 000
Total Retained Equity	−4 410 000	−3 669 000	−2 844 000	−2 200 000
Total Equity	40 090 000	40 831 000	41 656 000	42 300 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	722 000	548 000	501 000	592 000
Total Equity and Debt	40 812 000	41 379 000	42 157 000	42 892 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 107 000	3 338 000	3 652 000	4 978 000
Other Income	1 015 000	1 495 000	1 623 000	0
Revenue	6 121 000	4 834 000	5 275 000	4 978 000
Cost of Goods Sold	128 000	82 000	108 000	60 000
Salary Costs	1 905 000	1 786 000	1 842 000	1 744 000
Depreciation	1 659 000	1 591 000	1 615 000	1 510 000
Impairment	0	0	0	0
Expenditure	7 043 000	5 711 000	5 831 000	5 704 000
Operating Profit	−922 000	−877 000	−556 000	−726 000
Financial Income	182 000	52 000	73 000	173 000
Financial Costs	1 000	0	0	2 000
Financial Balance	181 000	52 000	73 000	171 000
Dividends	0	0	0	0
Net Income	−741 000	−825 000	−644 000	−550 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	169 000
Real Eastate	27 813 000	29 303 000	30 573 000	31 494 000
Machinery and Plant Facilities	323 000	393 000	463 000	533 000
Fixtures	791 000	241 000	246 000	333 000
Total Tangible Assets	28 927 000	29 937 000	31 283 000	32 361 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	28 927 000	29 937 000	31 283 000	32 529 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	11 126 000	10 869 000	9 355 000	9 957 000
Total Current Assets	11 885 000	11 442 000	10 874 000	10 363 000
Total Assets	40 812 000	41 379 000	42 157 000	42 892 000
Total Equity	40 090 000	40 831 000	41 656 000	42 300 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	41 000	40 000	110 000	18 000
Unpaid Taxes	139 000	136 000	113 000	129 000
Dividends	0	0	0	0
Other Current Debt	504 000	363 000	261 000	432 000
Total Current Debt	722 000	548 000	501 000	592 000
Total Equity and Debt	40 812 000	41 379 000	42 157 000	42 892 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,85 %	−2,02 %	−1,55 %	−1,3 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−15,06 %	−18,14 %	−10,54 %	−14,58 %
Current Ratio	16,46	20,88	21,7	17,51
Quick Ratio	16,46	20,88	21,7	17,51
Equity Ratio	0,98	0,99	0,99	0,99
Gross Profit Margin	97,91 %	98,3 %	97,95 %	98,79 %