VESTRE STRANDGATE 42 AS

4608 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

4,71 %

Current Ratio

16,5

Debt-to-Equity Ratio

7,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 338 000	1 246 000	1 245 000	715 000
Net Income	36 000	163 000	−22 000	−689 000
Total Assets	6 304 000	6 369 000	6 242 000	6 433 000
Total Equity	764 000	728 000	565 000	587 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 338 000	1 246 000	1 245 000	715 000
Expenditure	1 092 000	918 000	1 128 000	1 429 000
Operating Profit	246 000	329 000	117 000	−714 000
Financial Income	5 000	0	0	0
Financial Costs	205 000	119 000	145 000	169 000
Financial Balance	−200 000	−119 000	−145 000	−169 000
Earnings Before Tax	46 000	209 000	−28 000	−883 000
Tax	10 000	46 000	−6 000	−194 000
Net Income	36 000	163 000	−22 000	−689 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 612 000	4 710 000	4 934 000	5 132 000
Total Current Assets	693 000	1 660 000	1 308 000	1 301 000
Total Assets	6 304 000	6 369 000	6 242 000	6 433 000
Total Retained Equity	200 000	163 000	0	0
Total Equity	764 000	728 000	565 000	587 000
Total Long-Term Debt	5 498 000	5 573 000	5 454 000	5 310 000
Total Current Debt	42 000	68 000	223 000	537 000
Total Equity and Debt	6 304 000	6 369 000	6 242 000	6 433 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 368 000	1 246 000	1 245 000	712 000
Other Income	−30 000	0	0	3 000
Revenue	1 338 000	1 246 000	1 245 000	715 000
Cost of Goods Sold	0	3 000	0	3 000
Salary Costs	0	0	0	0
Depreciation	159 000	178 000	204 000	204 000
Impairment	0	0	0	0
Expenditure	1 092 000	918 000	1 128 000	1 429 000
Operating Profit	246 000	329 000	117 000	−714 000
Financial Income	5 000	0	0	0
Financial Costs	205 000	119 000	145 000	169 000
Financial Balance	−200 000	−119 000	−145 000	−169 000
Dividends	0	0	0	0
Net Income	36 000	163 000	−22 000	−689 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	302 000	313 000	359 000	352 000
Real Eastate	4 231 000	4 382 000	4 533 000	4 685 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	7 000	15 000	42 000	95 000
Total Tangible Assets	4 238 000	4 397 000	4 575 000	4 780 000
Total Fiancial Fixed Assets	1 071 000	0	0	0
Total Fixed Assets	5 612 000	4 710 000	4 934 000	5 132 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	217 000	374 000	142 000	46 000
Total Current Assets	693 000	1 660 000	1 308 000	1 301 000
Total Assets	6 304 000	6 369 000	6 242 000	6 433 000
Total Equity	764 000	728 000	565 000	587 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 498 000	5 573 000	5 454 000	5 310 000
Creditors	33 000	52 000	2 000	40 000
Unpaid Taxes	9 000	16 000	11 000	0
Dividends	0	0	0	0
Other Current Debt	0	0	210 000	497 000
Total Current Debt	42 000	68 000	223 000	537 000
Total Equity and Debt	6 304 000	6 369 000	6 242 000	6 433 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,71 %	22,39 %	−3,89 %	−117,38 %
Debt-to-Equity Ratio	7,2	7,66	9,65	9,05
Operating Profit Margin	18,39 %	26,4 %	9,4 %	−99,86 %
Current Ratio	16,5	24,41	5,87	2,42
Quick Ratio	16,5	24,41	5,87	2,42
Equity Ratio	0,12	0,11	0,09	0,09
Gross Profit Margin	100 %	99,76 %	100 %	99,58 %