VESTSIDEN HAGEBY II BORETTSLAG

3717 SKIEN

Finances

Share Ownership

Return on Equity

13,79 %

Current Ratio

10,08

Debt-to-Equity Ratio

2,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 529 000	1 371 000	1 406 000	1 396 000
Net Income	865 000	752 000	713 000	750 000
Total Assets	20 428 000	20 380 000	20 394 000	20 470 000
Total Equity	6 271 000	5 406 000	4 653 000	3 940 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 529 000	1 371 000	1 406 000	1 396 000
Expenditure	551 000	486 000	470 000	399 000
Operating Profit	978 000	840 000	898 000	954 000
Financial Income	8 000	1 000	3 000	8 000
Financial Costs	121 000	89 000	187 000	212 000
Financial Balance	−113 000	−88 000	−184 000	−204 000
Earnings Before Tax	865 000	797 000	752 000	793 000
Tax	0	0	0	0
Net Income	865 000	752 000	713 000	750 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 035 000	20 035 000	20 035 000	20 035 000
Total Current Assets	393 000	345 000	359 000	435 000
Total Assets	20 428 000	20 380 000	20 394 000	20 470 000
Total Retained Equity	6 271 000	5 406 000	4 653 000	3 940 000
Total Equity	6 271 000	5 406 000	4 653 000	3 940 000
Total Long-Term Debt	14 119 000	14 870 000	15 677 000	16 441 000
Total Current Debt	39 000	105 000	64 000	89 000
Total Equity and Debt	20 428 000	20 380 000	20 394 000	20 470 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 529 000	1 371 000	1 406 000	1 396 000
Revenue	1 529 000	1 371 000	1 406 000	1 396 000
Cost of Goods Sold	0	0	0	0
Salary Costs	38 000	45 000	44 000	45 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	551 000	486 000	470 000	399 000
Operating Profit	978 000	840 000	898 000	954 000
Financial Income	8 000	1 000	3 000	8 000
Financial Costs	121 000	89 000	187 000	212 000
Financial Balance	−113 000	−88 000	−184 000	−204 000
Dividends	0	0	0	0
Net Income	865 000	752 000	713 000	750 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	20 035 000	20 035 000	20 035 000	20 035 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	20 035 000	20 035 000	20 035 000	20 035 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	20 035 000	20 035 000	20 035 000	20 035 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	275 000	204 000	251 000	344 000
Total Current Assets	393 000	345 000	359 000	435 000
Total Assets	20 428 000	20 380 000	20 394 000	20 470 000
Total Equity	6 271 000	5 406 000	4 653 000	3 940 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 119 000	14 870 000	15 677 000	16 441 000
Creditors	38 000	104 000	64 000	79 000
Unpaid Taxes	1 000	1 000	1 000	1 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	9 000
Total Current Debt	39 000	105 000	64 000	89 000
Total Equity and Debt	20 428 000	20 380 000	20 394 000	20 470 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,79 %	13,91 %	15,32 %	19,04 %
Debt-to-Equity Ratio	2,25	2,75	3,37	4,17
Operating Profit Margin	63,96 %	61,27 %	63,87 %	68,34 %
Current Ratio	10,08	3,29	5,61	4,89
Quick Ratio	10,08	3,29	5,61	4,89
Equity Ratio	0,31	0,27	0,23	0,19
Gross Profit Margin	100 %	100 %	100 %	100 %