VÆRE ØSTRE UTBYGGINGSSELSKAP AS

7011 TRONDHEIM

Finances

Share Ownership

Return on Equity

43,93 %

Current Ratio

13,5

Debt-to-Equity Ratio

31,98

Key figures (NOK)	2022	2021	2020	2019
Revenue	147 312 000	142 626 000	103 885 000	26 969 000
Net Income	3 560 000	−1 206 000	5 455 000	0
Total Assets	288 117 000	149 360 000	169 553 000	58 329 000
Total Equity	8 104 000	4 544 000	5 750 000	294 000

Income (NOK)	2022	2021	2020	2019
Revenue	147 312 000	142 626 000	103 885 000	26 969 000
Expenditure	142 755 000	144 163 000	96 885 000	26 969 000
Operating Profit	4 557 000	−1 537 000	7 000 000	0
Financial Income	7 000	0	1 000	0
Financial Costs	1 000	0	7 000	0
Financial Balance	6 000	0	−6 000	0
Earnings Before Tax	4 564 000	−1 537 000	6 994 000	0
Tax	1 004 000	−331 000	1 539 000	0
Net Income	3 560 000	−1 206 000	5 455 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 480 000	0	0	2 000
Total Current Assets	281 637 000	149 360 000	169 553 000	58 327 000
Total Assets	288 117 000	149 360 000	169 553 000	58 329 000
Total Retained Equity	7 813 000	4 254 000	5 459 000	4 000
Total Equity	8 104 000	4 544 000	5 750 000	294 000
Total Long-Term Debt	259 145 000	134 421 000	156 772 000	51 940 000
Total Current Debt	20 869 000	10 395 000	7 031 000	6 094 000
Total Equity and Debt	288 117 000	149 360 000	169 553 000	58 329 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	147 312 000	142 626 000	103 885 000	26 969 000
Revenue	147 312 000	142 626 000	103 885 000	26 969 000
Cost of Goods Sold	142 755 000	144 163 000	96 885 000	26 969 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	142 755 000	144 163 000	96 885 000	26 969 000
Operating Profit	4 557 000	−1 537 000	7 000 000	0
Financial Income	7 000	0	1 000	0
Financial Costs	1 000	0	7 000	0
Financial Balance	6 000	0	−6 000	0
Dividends	0	0	0	0
Net Income	3 560 000	−1 206 000	5 455 000	0

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	2 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	6 480 000	0	0	0
Total Fixed Assets	6 480 000	0	0	2 000
Stock	271 074 000	123 741 000	168 844 000	58 287 000
Total Investments	0	0	0	0
Cash, Bank	6 599 000	18 957 000	708 000	40 000
Total Current Assets	281 637 000	149 360 000	169 553 000	58 327 000
Total Assets	288 117 000	149 360 000	169 553 000	58 329 000
Total Equity	8 104 000	4 544 000	5 750 000	294 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	259 145 000	134 421 000	156 772 000	51 940 000
Creditors	16 007 000	7 847 000	7 031 000	6 094 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	4 686 000	2 300 000	0	0
Total Current Debt	20 869 000	10 395 000	7 031 000	6 094 000
Total Equity and Debt	288 117 000	149 360 000	169 553 000	58 329 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,93 %	−26,54 %	94,87 %	0 %
Debt-to-Equity Ratio	31,98	29,58	27,26	176,67
Operating Profit Margin	3,09 %	−1,08 %	6,74 %	0 %
Current Ratio	13,5	14,37	24,12	9,57
Quick Ratio	−1,13	−1,32	−1,05	−1,12
Equity Ratio	0,03	0,03	0,03	0,01
Gross Profit Margin	3,09 %	−1,08 %	6,74 %	0 %