VASSENDEN PARK AS

2750 GRAN

Finances

Share Ownership

Return on Equity

−36,42 %

Current Ratio

0,98

Debt-to-Equity Ratio

9,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 497 000	6 403 000	6 271 000	6 741 000
Net Income	−1 811 000	−252 000	437 000	−391 000
Total Assets	57 992 000	55 305 000	56 693 000	58 091 000
Total Equity	4 973 000	2 784 000	3 036 000	2 599 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 497 000	6 403 000	6 271 000	6 741 000
Expenditure	7 001 000	4 918 000	3 797 000	4 676 000
Operating Profit	496 000	1 484 000	2 475 000	2 065 000
Financial Income	1 000	0	0	2 000
Financial Costs	2 309 000	1 737 000	2 038 000	2 457 000
Financial Balance	−2 308 000	−1 737 000	−2 038 000	−2 455 000
Earnings Before Tax	−1 811 000	−252 000	437 000	−391 000
Tax	0	0	0	0
Net Income	−1 811 000	−252 000	437 000	−391 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	54 594 000	53 442 000	54 787 000	56 252 000
Total Current Assets	3 398 000	1 863 000	1 905 000	1 838 000
Total Assets	57 992 000	55 305 000	56 693 000	58 091 000
Total Retained Equity	−3 527 000	−1 716 000	−1 464 000	−1 901 000
Total Equity	4 973 000	2 784 000	3 036 000	2 599 000
Total Long-Term Debt	49 533 000	49 943 000	50 994 000	48 215 000
Total Current Debt	3 485 000	2 578 000	2 663 000	7 276 000
Total Equity and Debt	57 992 000	55 305 000	56 693 000	58 091 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	7 497 000	6 403 000	6 271 000	6 741 000
Revenue	7 497 000	6 403 000	6 271 000	6 741 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 509 000	1 505 000	1 492 000	1 476 000
Impairment	0	0	0	0
Expenditure	7 001 000	4 918 000	3 797 000	4 676 000
Operating Profit	496 000	1 484 000	2 475 000	2 065 000
Financial Income	1 000	0	0	2 000
Financial Costs	2 309 000	1 737 000	2 038 000	2 457 000
Financial Balance	−2 308 000	−1 737 000	−2 038 000	−2 455 000
Dividends	0	0	0	0
Net Income	−1 811 000	−252 000	437 000	−391 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	54 516 000	53 355 000	54 762 000	56 252 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	78 000	88 000	25 000	0
Total Tangible Assets	54 594 000	53 442 000	54 787 000	56 252 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	54 594 000	53 442 000	54 787 000	56 252 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 445 000	501 000	423 000	394 000
Total Current Assets	3 398 000	1 863 000	1 905 000	1 838 000
Total Assets	57 992 000	55 305 000	56 693 000	58 091 000
Total Equity	4 973 000	2 784 000	3 036 000	2 599 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	49 533 000	49 943 000	50 994 000	48 215 000
Creditors	1 740 000	1 152 000	593 000	4 436 000
Unpaid Taxes	0	88 000	200 000	114 000
Dividends	0	0	0	0
Other Current Debt	1 745 000	1 338 000	1 870 000	2 726 000
Total Current Debt	3 485 000	2 578 000	2 663 000	7 276 000
Total Equity and Debt	57 992 000	55 305 000	56 693 000	58 091 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−36,42 %	−9,05 %	14,39 %	−15,04 %
Debt-to-Equity Ratio	9,96	17,94	16,8	18,55
Operating Profit Margin	6,62 %	23,18 %	39,47 %	30,63 %
Current Ratio	0,98	0,72	0,72	0,25
Quick Ratio	0,98	0,72	0,72	0,25
Equity Ratio	0,09	0,05	0,05	0,04
Gross Profit Margin	100 %	100 %	100 %	100 %