VEMO ESTATE AS

5523 HAUGESUND

Finances

Share Ownership

Return on Equity

16,57 %

Current Ratio

1,07

Debt-to-Equity Ratio

−7,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	420 000	408 000	882 000	300 000
Net Income	−271 000	−246 000	−113 000	−663 000
Total Assets	9 951 000	10 552 000	10 848 000	15 372 000
Total Equity	−1 635 000	−1 364 000	−1 119 000	−2 226 000

Income (NOK)	2022	2021	2020	2019
Revenue	420 000	408 000	882 000	300 000
Expenditure	595 000	583 000	812 000	855 000
Operating Profit	−175 000	−175 000	71 000	−555 000
Financial Income	0	0	0	62 000
Financial Costs	172 000	140 000	216 000	358 000
Financial Balance	−172 000	−140 000	−216 000	−296 000
Earnings Before Tax	−347 000	−315 000	−145 000	−850 000
Tax	−76 000	−69 000	−32 000	−187 000
Net Income	−271 000	−246 000	−113 000	−663 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 907 000	10 285 000	10 684 000	15 232 000
Total Current Assets	44 000	266 000	164 000	140 000
Total Assets	9 951 000	10 552 000	10 848 000	15 372 000
Total Retained Equity	−2 955 000	−2 684 000	−2 439 000	−2 326 000
Total Equity	−1 635 000	−1 364 000	−1 119 000	−2 226 000
Total Long-Term Debt	11 545 000	11 815 000	11 907 000	17 549 000
Total Current Debt	41 000	101 000	60 000	49 000
Total Equity and Debt	9 951 000	10 552 000	10 848 000	15 372 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	420 000	408 000	882 000	300 000
Revenue	420 000	408 000	882 000	300 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	455 000	468 000	548 000	575 000
Impairment	0	0	0	0
Expenditure	595 000	583 000	812 000	855 000
Operating Profit	−175 000	−175 000	71 000	−555 000
Financial Income	0	0	0	62 000
Financial Costs	172 000	140 000	216 000	358 000
Financial Balance	−172 000	−140 000	−216 000	−296 000
Dividends	0	0	0	0
Net Income	−271 000	−246 000	−113 000	−663 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	827 000	750 000	681 000	649 000
Real Eastate	9 077 000	9 532 000	10 000 000	12 506 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	9 077 000	9 532 000	10 000 000	12 506 000
Total Fiancial Fixed Assets	3 000	3 000	3 000	2 077 000
Total Fixed Assets	9 907 000	10 285 000	10 684 000	15 232 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	8 000	11 000	78 000
Total Current Assets	44 000	266 000	164 000	140 000
Total Assets	9 951 000	10 552 000	10 848 000	15 372 000
Total Equity	−1 635 000	−1 364 000	−1 119 000	−2 226 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 545 000	11 815 000	11 907 000	17 549 000
Creditors	0	53 000	33 000	20 000
Unpaid Taxes	16 000	37 000	16 000	9 000
Dividends	0	0	0	0
Other Current Debt	25 000	11 000	11 000	20 000
Total Current Debt	41 000	101 000	60 000	49 000
Total Equity and Debt	9 951 000	10 552 000	10 848 000	15 372 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,57 %	18,04 %	10,1 %	29,78 %
Debt-to-Equity Ratio	−7,06	−8,66	−10,64	−7,88
Operating Profit Margin	−41,67 %	−42,89 %	8,05 %	−185 %
Current Ratio	1,07	2,63	2,73	2,86
Quick Ratio	1,07	2,63	2,73	2,86
Equity Ratio	−0,16	−0,13	−0,1	−0,14
Gross Profit Margin	100 %	100 %	100 %	100 %