VESTSMØLA EIENDOM AS

6570 SMØLA

Finances

Share Ownership

Return on Equity

3,89 %

Current Ratio

8,5

Debt-to-Equity Ratio

0,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	150 000	120 000	120 000	120 000
Net Income	33 000	28 000	37 000	22 000
Total Assets	1 198 000	1 228 000	1 263 000	1 277 000
Total Equity	849 000	816 000	788 000	752 000

Income (NOK)	2022	2021	2020	2019
Revenue	150 000	120 000	120 000	120 000
Expenditure	91 000	72 000	56 000	70 000
Operating Profit	59 000	49 000	65 000	50 000
Financial Income	0	0	0	0
Financial Costs	16 000	13 000	18 000	21 000
Financial Balance	−16 000	−13 000	−18 000	−21 000
Earnings Before Tax	43 000	35 000	47 000	29 000
Tax	10 000	8 000	10 000	6 000
Net Income	33 000	28 000	37 000	22 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 113 000	1 141 000	1 169 000	1 197 000
Total Current Assets	85 000	87 000	95 000	81 000
Total Assets	1 198 000	1 228 000	1 263 000	1 277 000
Total Retained Equity	153 000	120 000	92 000	56 000
Total Equity	849 000	816 000	788 000	752 000
Total Long-Term Debt	339 000	399 000	460 000	517 000
Total Current Debt	10 000	13 000	15 000	8 000
Total Equity and Debt	1 198 000	1 228 000	1 263 000	1 277 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	150 000	120 000	120 000	120 000
Revenue	150 000	120 000	120 000	120 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	28 000	28 000	28 000	27 000
Impairment	0	0	0	0
Expenditure	91 000	72 000	56 000	70 000
Operating Profit	59 000	49 000	65 000	50 000
Financial Income	0	0	0	0
Financial Costs	16 000	13 000	18 000	21 000
Financial Balance	−16 000	−13 000	−18 000	−21 000
Dividends	0	0	0	0
Net Income	33 000	28 000	37 000	22 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 113 000	1 141 000	1 169 000	1 197 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 113 000	1 141 000	1 169 000	1 197 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 113 000	1 141 000	1 169 000	1 197 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	82 000	86 000	67 000	81 000
Total Current Assets	85 000	87 000	95 000	81 000
Total Assets	1 198 000	1 228 000	1 263 000	1 277 000
Total Equity	849 000	816 000	788 000	752 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	339 000	399 000	460 000	517 000
Creditors	0	0	0	−3 000
Unpaid Taxes	0	5 000	4 000	4 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	10 000	13 000	15 000	8 000
Total Equity and Debt	1 198 000	1 228 000	1 263 000	1 277 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,89 %	3,43 %	4,7 %	2,93 %
Debt-to-Equity Ratio	0,4	0,49	0,58	0,69
Operating Profit Margin	39,33 %	40,83 %	54,17 %	41,67 %
Current Ratio	8,5	6,69	6,33	10,13
Quick Ratio	8,5	6,69	6,33	10,13
Equity Ratio	0,71	0,66	0,62	0,59
Gross Profit Margin	100 %	100 %	100 %	100 %