VASSBOTNEN 23 AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

−8,26 %

Current Ratio

0,15

Debt-to-Equity Ratio

2,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 901 000	14 900 000	19 356 000	16 045 000
Net Income	−6 326 000	−5 675 000	−2 674 000	−5 664 000
Total Assets	375 503 000	368 023 000	365 241 000	381 293 000
Total Equity	76 548 000	77 225 000	77 234 000	96 885 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 901 000	14 900 000	19 356 000	16 045 000
Expenditure	16 808 000	14 260 000	13 862 000	13 028 000
Operating Profit	3 093 000	640 000	5 494 000	3 016 000
Financial Income	0	0	1 000	62 000
Financial Costs	11 204 000	7 916 000	8 923 000	10 340 000
Financial Balance	−11 204 000	−7 916 000	−8 922 000	−10 278 000
Earnings Before Tax	−8 110 000	−7 276 000	−3 428 000	−7 263 000
Tax	−1 784 000	−1 601 000	−754 000	−1 598 000
Net Income	−6 326 000	−5 675 000	−2 674 000	−5 664 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	363 090 000	357 485 000	357 010 000	366 656 000
Total Current Assets	12 413 000	10 538 000	8 231 000	14 637 000
Total Assets	375 503 000	368 023 000	365 241 000	381 293 000
Total Retained Equity	0	0	5 184 000	27 858 000
Total Equity	76 548 000	77 225 000	77 234 000	96 885 000
Total Long-Term Debt	218 697 000	234 888 000	250 890 000	262 792 000
Total Current Debt	80 258 000	55 911 000	37 117 000	21 616 000
Total Equity and Debt	375 503 000	368 023 000	365 241 000	381 293 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 975 000	14 387 000	18 769 000	15 546 000
Other Income	926 000	513 000	587 000	499 000
Revenue	19 901 000	14 900 000	19 356 000	16 045 000
Cost of Goods Sold	867 000	523 000	587 000	499 000
Salary Costs	0	0	0	0
Depreciation	10 546 000	9 638 000	9 646 000	9 552 000
Impairment	0	0	0	0
Expenditure	16 808 000	14 260 000	13 862 000	13 028 000
Operating Profit	3 093 000	640 000	5 494 000	3 016 000
Financial Income	0	0	1 000	62 000
Financial Costs	11 204 000	7 916 000	8 923 000	10 340 000
Financial Balance	−11 204 000	−7 916 000	−8 922 000	−10 278 000
Dividends	0	0	0	0
Net Income	−6 326 000	−5 675 000	−2 674 000	−5 664 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	362 859 000	357 147 000	356 565 000	366 104 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	231 000	338 000	445 000	552 000
Total Tangible Assets	363 090 000	357 485 000	357 010 000	366 656 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	363 090 000	357 485 000	357 010 000	366 656 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 904 000	2 347 000	4 243 000	4 633 000
Total Current Assets	12 413 000	10 538 000	8 231 000	14 637 000
Total Assets	375 503 000	368 023 000	365 241 000	381 293 000
Total Equity	76 548 000	77 225 000	77 234 000	96 885 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	218 697 000	234 888 000	250 890 000	262 792 000
Creditors	8 207 000	7 487 000	2 000	0
Unpaid Taxes	0	0	658 000	984 000
Dividends	0	0	0	0
Other Current Debt	72 051 000	48 424 000	36 458 000	20 632 000
Total Current Debt	80 258 000	55 911 000	37 117 000	21 616 000
Total Equity and Debt	375 503 000	368 023 000	365 241 000	381 293 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,26 %	−7,35 %	−3,46 %	−5,85 %
Debt-to-Equity Ratio	2,86	3,04	3,25	2,71
Operating Profit Margin	15,54 %	4,3 %	28,38 %	18,8 %
Current Ratio	0,15	0,19	0,22	0,68
Quick Ratio	0,15	0,19	0,22	0,68
Equity Ratio	0,2	0,21	0,21	0,25
Gross Profit Margin	95,64 %	96,49 %	96,97 %	96,89 %