VESTRE STRANDGATE 21 AS

4610 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

−8,81 %

Current Ratio

0,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	175 000
Net Income	−1 187 000	−1 155 000	−1 101 000	−937 000
Total Assets	18 235 000	15 127 000	16 622 000	16 985 000
Total Equity	13 472 000	14 659 000	15 814 000	15 865 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	175 000
Expenditure	1 350 000	1 472 000	1 398 000	1 142 000
Operating Profit	−1 350 000	−1 472 000	−1 398 000	−967 000
Financial Income	0	0	0	0
Financial Costs	77 000	9 000	14 000	235 000
Financial Balance	−77 000	−9 000	−14 000	−235 000
Earnings Before Tax	−1 427 000	−1 481 000	−1 412 000	−1 202 000
Tax	−240 000	−326 000	−311 000	−264 000
Net Income	−1 187 000	−1 155 000	−1 101 000	−937 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 165 000	15 061 000	15 234 000	15 732 000
Total Current Assets	70 000	66 000	1 388 000	1 253 000
Total Assets	18 235 000	15 127 000	16 622 000	16 985 000
Total Retained Equity	−2 342 000	−1 155 000	0	7 000
Total Equity	13 472 000	14 659 000	15 814 000	15 865 000
Total Long-Term Debt	0	240 000	756 000	1 120 000
Total Current Debt	4 763 000	228 000	53 000	0
Total Equity and Debt	18 235 000	15 127 000	16 622 000	16 985 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	113 000
Other Income	0	0	0	63 000
Revenue	0	0	0	175 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	456 000	477 000	498 000	498 000
Impairment	13 000	226 000	20 000	4 000
Expenditure	1 350 000	1 472 000	1 398 000	1 142 000
Operating Profit	−1 350 000	−1 472 000	−1 398 000	−967 000
Financial Income	0	0	0	0
Financial Costs	77 000	9 000	14 000	235 000
Financial Balance	−77 000	−9 000	−14 000	−235 000
Dividends	0	0	0	0
Net Income	−1 187 000	−1 155 000	−1 101 000	−937 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	14 301 000	14 757 000	15 217 000	15 678 000
Machinery and Plant Facilities	3 864 000	303 000	0	0
Fixtures	0	0	17 000	54 000
Total Tangible Assets	18 165 000	15 061 000	15 234 000	15 732 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	18 165 000	15 061 000	15 234 000	15 732 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	13 000	8 000	39 000	87 000
Total Current Assets	70 000	66 000	1 388 000	1 253 000
Total Assets	18 235 000	15 127 000	16 622 000	16 985 000
Total Equity	13 472 000	14 659 000	15 814 000	15 865 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	240 000	756 000	1 120 000
Creditors	1 355 000	147 000	53 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 408 000	81 000	0	0
Total Current Debt	4 763 000	228 000	53 000	0
Total Equity and Debt	18 235 000	15 127 000	16 622 000	16 985 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,81 %	−7,88 %	−6,96 %	−5,91 %
Debt-to-Equity Ratio	0	0,02	0,05	0,07
Operating Profit Margin	-	-	-	−552,57 %
Current Ratio	0,01	0,29	26,19	-
Quick Ratio	0,01	0,29	26,19	-
Equity Ratio	0,74	0,97	0,95	0,93
Gross Profit Margin	-	-	-	100 %