VESTSIDEN HAGEBY IV BORETTSLAG

3717 SKIEN

Finances

Share Ownership

Return on Equity

6,86 %

Current Ratio

1,99

Debt-to-Equity Ratio

2,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 504 000	1 632 000	1 559 000	1 505 000
Net Income	459 000	504 000	730 000	637 000
Total Assets	24 341 000	24 276 000	24 050 000	24 025 000
Total Equity	6 694 000	6 235 000	5 731 000	5 001 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 504 000	1 632 000	1 559 000	1 505 000
Expenditure	812 000	542 000	520 000	551 000
Operating Profit	692 000	722 000	957 000	874 000
Financial Income	5 000	1 000	1 000	4 000
Financial Costs	238 000	218 000	228 000	241 000
Financial Balance	−233 000	−217 000	−227 000	−237 000
Earnings Before Tax	459 000	872 000	813 000	716 000
Tax	0	0	0	0
Net Income	459 000	504 000	730 000	637 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 902 000	23 809 000	23 809 000	23 809 000
Total Current Assets	439 000	467 000	241 000	216 000
Total Assets	24 341 000	24 276 000	24 050 000	24 025 000
Total Retained Equity	6 694 000	6 235 000	5 731 000	5 001 000
Total Equity	6 694 000	6 235 000	5 731 000	5 001 000
Total Long-Term Debt	17 426 000	17 782 000	18 169 000	18 841 000
Total Current Debt	221 000	260 000	150 000	183 000
Total Equity and Debt	24 341 000	24 276 000	24 050 000	24 025 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 504 000	1 632 000	1 559 000	1 505 000
Revenue	1 504 000	1 632 000	1 559 000	1 505 000
Cost of Goods Sold	0	0	0	0
Salary Costs	29 000	16 000	18 000	18 000
Depreciation	2 000	0	0	0
Impairment	0	0	0	0
Expenditure	812 000	542 000	520 000	551 000
Operating Profit	692 000	722 000	957 000	874 000
Financial Income	5 000	1 000	1 000	4 000
Financial Costs	238 000	218 000	228 000	241 000
Financial Balance	−233 000	−217 000	−227 000	−237 000
Dividends	0	0	0	0
Net Income	459 000	504 000	730 000	637 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	23 902 000	23 809 000	23 809 000	23 809 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	23 902 000	23 809 000	23 809 000	23 809 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	23 902 000	23 809 000	23 809 000	23 809 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	288 000	225 000	121 000	53 000
Total Current Assets	439 000	467 000	241 000	216 000
Total Assets	24 341 000	24 276 000	24 050 000	24 025 000
Total Equity	6 694 000	6 235 000	5 731 000	5 001 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 426 000	17 782 000	18 169 000	18 841 000
Creditors	170 000	210 000	100 000	140 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	52 000	50 000	50 000	43 000
Total Current Debt	221 000	260 000	150 000	183 000
Total Equity and Debt	24 341 000	24 276 000	24 050 000	24 025 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,86 %	8,08 %	12,74 %	12,74 %
Debt-to-Equity Ratio	2,6	2,85	3,17	3,77
Operating Profit Margin	46,01 %	44,24 %	61,39 %	58,07 %
Current Ratio	1,99	1,8	1,61	1,18
Quick Ratio	1,99	1,8	1,61	1,18
Equity Ratio	0,28	0,26	0,24	0,21
Gross Profit Margin	100 %	100 %	100 %	100 %