VEBLUNGSNES EIENDOM AS

6003 ÅLESUND

Finances

Share Ownership

Return on Equity

18,5 %

Current Ratio

1,26

Debt-to-Equity Ratio

3,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	981 000	874 000	953 000	1 009 000
Net Income	363 000	329 000	387 000	403 000
Total Assets	8 700 000	8 509 000	8 531 000	8 377 000
Total Equity	1 962 000	1 599 000	1 270 000	883 000

Income (NOK)	2022	2021	2020	2019
Revenue	981 000	874 000	953 000	1 009 000
Expenditure	301 000	272 000	251 000	264 000
Operating Profit	680 000	601 000	701 000	745 000
Financial Income	6 000	6 000	6 000	6 000
Financial Costs	221 000	185 000	211 000	233 000
Financial Balance	−215 000	−179 000	−205 000	−227 000
Earnings Before Tax	465 000	423 000	497 000	518 000
Tax	102 000	93 000	110 000	114 000
Net Income	363 000	329 000	387 000	403 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 148 000	8 148 000	8 148 000	8 148 000
Total Current Assets	552 000	362 000	383 000	229 000
Total Assets	8 700 000	8 509 000	8 531 000	8 377 000
Total Retained Equity	1 943 000	1 580 000	1 250 000	863 000
Total Equity	1 962 000	1 599 000	1 270 000	883 000
Total Long-Term Debt	6 300 000	6 600 000	6 900 000	7 125 000
Total Current Debt	437 000	310 000	361 000	369 000
Total Equity and Debt	8 700 000	8 509 000	8 531 000	8 377 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	981 000	874 000	953 000	1 009 000
Revenue	981 000	874 000	953 000	1 009 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	301 000	272 000	251 000	264 000
Operating Profit	680 000	601 000	701 000	745 000
Financial Income	6 000	6 000	6 000	6 000
Financial Costs	221 000	185 000	211 000	233 000
Financial Balance	−215 000	−179 000	−205 000	−227 000
Dividends	0	0	0	0
Net Income	363 000	329 000	387 000	403 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 148 000	8 148 000	8 148 000	8 148 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	8 148 000	8 148 000	8 148 000	8 148 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 148 000	8 148 000	8 148 000	8 148 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	273 000	313 000	309 000	196 000
Total Current Assets	552 000	362 000	383 000	229 000
Total Assets	8 700 000	8 509 000	8 531 000	8 377 000
Total Equity	1 962 000	1 599 000	1 270 000	883 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 300 000	6 600 000	6 900 000	7 125 000
Creditors	16 000	1 000	12 000	34 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	319 000	216 000	239 000	221 000
Total Current Debt	437 000	310 000	361 000	369 000
Total Equity and Debt	8 700 000	8 509 000	8 531 000	8 377 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,5 %	20,58 %	30,47 %	45,64 %
Debt-to-Equity Ratio	3,21	4,13	5,43	8,07
Operating Profit Margin	69,32 %	68,76 %	73,56 %	73,84 %
Current Ratio	1,26	1,17	1,06	0,62
Quick Ratio	1,26	1,17	1,06	0,62
Equity Ratio	0,23	0,19	0,15	0,11
Gross Profit Margin	100 %	100 %	100 %	100 %