VEM EIENDOM AS

5419 FITJAR

Finances

Return on Equity

−15,3 %

Current Ratio

458,5

Debt-to-Equity Ratio

1,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	96 000	1 530 000
Net Income	−261 000	−235 000	−222 000	863 000
Total Assets	4 888 000	5 414 000	5 892 000	7 244 000
Total Equity	1 706 000	1 967 000	2 202 000	3 126 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	96 000	1 530 000
Expenditure	218 000	211 000	183 000	250 000
Operating Profit	−218 000	−211 000	−87 000	1 280 000
Financial Income	4 000	4 000	−92 000	44 000
Financial Costs	120 000	94 000	105 000	211 000
Financial Balance	−116 000	−90 000	−197 000	−167 000
Earnings Before Tax	−334 000	−301 000	−284 000	1 112 000
Tax	−74 000	−66 000	−63 000	249 000
Net Income	−261 000	−235 000	−222 000	863 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 054 000	3 147 000	3 239 000	4 118 000
Total Current Assets	1 834 000	2 267 000	2 653 000	3 127 000
Total Assets	4 888 000	5 414 000	5 892 000	7 244 000
Total Retained Equity	626 000	887 000	1 122 000	2 046 000
Total Equity	1 706 000	1 967 000	2 202 000	3 126 000
Total Long-Term Debt	3 178 000	3 431 000	3 678 000	4 003 000
Total Current Debt	4 000	15 000	12 000	116 000
Total Equity and Debt	4 888 000	5 414 000	5 892 000	7 244 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	96 000	198 000
Other Income	0	0	0	1 333 000
Revenue	0	0	96 000	1 530 000
Cost of Goods Sold	4 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	92 000	92 000	87 000	87 000
Impairment	0	0	0	0
Expenditure	218 000	211 000	183 000	250 000
Operating Profit	−218 000	−211 000	−87 000	1 280 000
Financial Income	4 000	4 000	−92 000	44 000
Financial Costs	120 000	94 000	105 000	211 000
Financial Balance	−116 000	−90 000	−197 000	−167 000
Dividends	0	0	0	0
Net Income	−261 000	−235 000	−222 000	863 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 033 000	1 068 000	1 103 000	1 137 000
Machinery and Plant Facilities	43 000	86 000	129 000	0
Fixtures	28 000	43 000	57 000	239 000
Total Tangible Assets	1 104 000	1 197 000	1 289 000	1 376 000
Total Fiancial Fixed Assets	1 950 000	1 950 000	1 950 000	2 741 000
Total Fixed Assets	3 054 000	3 147 000	3 239 000	4 118 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 834 000	2 264 000	2 439 000	2 913 000
Total Current Assets	1 834 000	2 267 000	2 653 000	3 127 000
Total Assets	4 888 000	5 414 000	5 892 000	7 244 000
Total Equity	1 706 000	1 967 000	2 202 000	3 126 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 178 000	3 431 000	3 678 000	4 003 000
Creditors	4 000	15 000	11 000	70 000
Unpaid Taxes	0	0	−8 000	4 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	4 000	15 000	12 000	116 000
Total Equity and Debt	4 888 000	5 414 000	5 892 000	7 244 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,3 %	−11,95 %	−10,08 %	27,61 %
Debt-to-Equity Ratio	1,86	1,74	1,67	1,28
Operating Profit Margin	-	-	−90,63 %	83,66 %
Current Ratio	458,5	151,13	221,08	26,96
Quick Ratio	458,5	151,13	221,08	26,96
Equity Ratio	0,35	0,36	0,37	0,43
Gross Profit Margin	-	-	100 %	100 %