VESTERÅLEN FISHING AS

8430 MYRE

Finances

Share Ownership

Return on Equity

−11,55 %

Current Ratio

0,27

Debt-to-Equity Ratio

13,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	945 000	702 000	640 000	1 008 000
Net Income	−53 000	−39 000	−162 000	−328 000
Total Assets	6 603 000	6 881 000	7 074 000	7 380 000
Total Equity	459 000	512 000	550 000	712 000

Income (NOK)	2022	2021	2020	2019
Revenue	945 000	702 000	640 000	1 008 000
Expenditure	867 000	614 000	646 000	1 185 000
Operating Profit	79 000	88 000	−6 000	−176 000
Financial Income	1 000	0	2 000	0
Financial Costs	132 000	126 000	157 000	152 000
Financial Balance	−131 000	−126 000	−155 000	−152 000
Earnings Before Tax	−53 000	−39 000	−162 000	−328 000
Tax	0	0	0	0
Net Income	−53 000	−39 000	−162 000	−328 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 567 000	6 795 000	6 913 000	7 116 000
Total Current Assets	36 000	86 000	161 000	264 000
Total Assets	6 603 000	6 881 000	7 074 000	7 380 000
Total Retained Equity	−2 541 000	−2 488 000	−2 450 000	−2 288 000
Total Equity	459 000	512 000	550 000	712 000
Total Long-Term Debt	6 013 000	6 195 000	6 233 000	6 152 000
Total Current Debt	131 000	174 000	290 000	516 000
Total Equity and Debt	6 603 000	6 881 000	7 074 000	7 380 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	945 000	692 000	640 000	1 008 000
Other Income	0	10 000	0	0
Revenue	945 000	702 000	640 000	1 008 000
Cost of Goods Sold	0	0	16 000	35 000
Salary Costs	0	0	0	20 000
Depreciation	244 000	245 000	223 000	240 000
Impairment	0	0	0	0
Expenditure	867 000	614 000	646 000	1 185 000
Operating Profit	79 000	88 000	−6 000	−176 000
Financial Income	1 000	0	2 000	0
Financial Costs	132 000	126 000	157 000	152 000
Financial Balance	−131 000	−126 000	−155 000	−152 000
Dividends	0	0	0	0
Net Income	−53 000	−39 000	−162 000	−328 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 567 000	6 795 000	6 913 000	7 113 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	4 000
Total Tangible Assets	6 567 000	6 795 000	6 913 000	7 116 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 567 000	6 795 000	6 913 000	7 116 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	303 000	395 000	179 000	272 000
Total Current Assets	36 000	86 000	161 000	264 000
Total Assets	6 603 000	6 881 000	7 074 000	7 380 000
Total Equity	459 000	512 000	550 000	712 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 013 000	6 195 000	6 233 000	6 152 000
Creditors	28 000	29 000	36 000	296 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	103 000	145 000	255 000	220 000
Total Current Debt	131 000	174 000	290 000	516 000
Total Equity and Debt	6 603 000	6 881 000	7 074 000	7 380 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,55 %	−7,62 %	−29,45 %	−46,07 %
Debt-to-Equity Ratio	13,1	12,1	11,33	8,64
Operating Profit Margin	8,36 %	12,54 %	−0,94 %	−17,46 %
Current Ratio	0,27	0,49	0,56	0,51
Quick Ratio	0,27	0,49	0,56	0,51
Equity Ratio	0,07	0,07	0,08	0,1
Gross Profit Margin	100 %	100 %	97,5 %	96,53 %