VESTVIK PRESERVING AS

5551 AUKLANDSHAMN

Finances

Return on Equity

34,31 %

Current Ratio

1,41

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	50 000	50 000	50 000
Net Income	5 797 000	9 507 000	−614 000	−484 000
Total Assets	57 185 000	35 653 000	35 436 000	35 728 000
Total Equity	16 896 000	13 139 000	16 008 000	17 621 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	50 000	50 000	50 000
Expenditure	295 000	340 000	353 000	384 000
Operating Profit	−295 000	−290 000	−302 000	−333 000
Financial Income	8 255 000	10 719 000	10 192 000	841 000
Financial Costs	2 163 000	922 000	10 503 000	992 000
Financial Balance	6 092 000	9 797 000	−311 000	−151 000
Earnings Before Tax	5 797 000	9 507 000	−614 000	−484 000
Tax	0	0	0	0
Net Income	5 797 000	9 507 000	−614 000	−484 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 381 000	50 000	6 211 000	6 859 000
Total Current Assets	54 805 000	35 603 000	29 225 000	28 869 000
Total Assets	57 185 000	35 653 000	35 436 000	35 728 000
Total Retained Equity	16 822 000	13 065 000	15 908 000	17 521 000
Total Equity	16 896 000	13 139 000	16 008 000	17 621 000
Total Long-Term Debt	1 313 000	1 563 000	1 813 000	2 000 000
Total Current Debt	38 977 000	20 952 000	17 616 000	16 106 000
Total Equity and Debt	57 185 000	35 653 000	35 436 000	35 728 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	50 000	50 000	50 000
Revenue	0	50 000	50 000	50 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	23 000	22 000	23 000
Depreciation	0	67 000	115 000	115 000
Impairment	0	0	0	0
Expenditure	295 000	340 000	353 000	384 000
Operating Profit	−295 000	−290 000	−302 000	−333 000
Financial Income	8 255 000	10 719 000	10 192 000	841 000
Financial Costs	2 163 000	922 000	10 503 000	992 000
Financial Balance	6 092 000	9 797 000	−311 000	−151 000
Dividends	0	0	1 000 000	0
Net Income	5 797 000	9 507 000	−614 000	−484 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	4 122 000	4 122 000
Machinery and Plant Facilities	0	0	23 000	26 000
Fixtures	0	0	857 000	968 000
Total Tangible Assets	0	0	5 001 000	5 116 000
Total Fiancial Fixed Assets	2 381 000	50 000	1 210 000	1 743 000
Total Fixed Assets	2 381 000	50 000	6 211 000	6 859 000
Stock	0	0	1 232 000	1 232 000
Total Investments	54 747 000	34 687 000	26 828 000	26 431 000
Cash, Bank	58 000	884 000	1 068 000	1 207 000
Total Current Assets	54 805 000	35 603 000	29 225 000	28 869 000
Total Assets	57 185 000	35 653 000	35 436 000	35 728 000
Total Equity	16 896 000	13 139 000	16 008 000	17 621 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 313 000	1 563 000	1 813 000	2 000 000
Creditors	18 000	19 000	27 000	27 000
Unpaid Taxes	0	16 000	10 000	17 000
Dividends	0	0	1 000 000	0
Other Current Debt	2 080 000	4 724 000	12 000	795 000
Total Current Debt	38 977 000	20 952 000	17 616 000	16 106 000
Total Equity and Debt	57 185 000	35 653 000	35 436 000	35 728 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,31 %	72,36 %	−3,84 %	−2,75 %
Debt-to-Equity Ratio	0,08	0,12	0,11	0,11
Operating Profit Margin	-	−580 %	−604 %	−666 %
Current Ratio	1,41	1,7	1,66	1,79
Quick Ratio	1,41	1,7	1,78	1,94
Equity Ratio	0,3	0,37	0,45	0,49
Gross Profit Margin	-	100 %	100 %	100 %