VANNKANTEN EIENDOM AS

4032 STAVANGER

Finances

Share Ownership

Return on Equity

0,31 %

Current Ratio

0,67

Debt-to-Equity Ratio

1,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 620 000	3 244 000	3 033 000	2 673 000
Net Income	99 000	684 000	273 000	108 000
Total Assets	85 734 000	83 369 000	76 061 000	75 666 000
Total Equity	31 872 000	31 935 000	31 551 000	31 567 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 620 000	3 244 000	3 033 000	2 673 000
Expenditure	1 843 000	1 447 000	1 892 000	1 757 000
Operating Profit	1 777 000	1 797 000	1 141 000	916 000
Financial Income	1 000	0	382 000	466 000
Financial Costs	1 651 000	920 000	1 173 000	1 244 000
Financial Balance	−1 650 000	−920 000	−791 000	−778 000
Earnings Before Tax	127 000	877 000	350 000	138 000
Tax	28 000	193 000	77 000	30 000
Net Income	99 000	684 000	273 000	108 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	84 403 000	81 896 000	74 872 000	74 802 000
Total Current Assets	1 332 000	1 472 000	1 189 000	864 000
Total Assets	85 734 000	83 369 000	76 061 000	75 666 000
Total Retained Equity	272 000	335 000	−49 000	−33 000
Total Equity	31 872 000	31 935 000	31 551 000	31 567 000
Total Long-Term Debt	51 861 000	49 861 000	42 636 000	43 170 000
Total Current Debt	2 001 000	1 573 000	1 874 000	929 000
Total Equity and Debt	85 734 000	83 369 000	76 061 000	75 666 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	4 000
Other Income	3 620 000	3 244 000	3 033 000	2 669 000
Revenue	3 620 000	3 244 000	3 033 000	2 673 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	76 000	86 000	15 000	6 000
Impairment	0	0	0	0
Expenditure	1 843 000	1 447 000	1 892 000	1 757 000
Operating Profit	1 777 000	1 797 000	1 141 000	916 000
Financial Income	1 000	0	382 000	466 000
Financial Costs	1 651 000	920 000	1 173 000	1 244 000
Financial Balance	−1 650 000	−920 000	−791 000	−778 000
Dividends	0	0	0	0
Net Income	99 000	684 000	273 000	108 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	31 000	13 000	14 000	9 000
Real Eastate	84 241 000	81 728 000	7 300 000	7 300 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	132 000	155 000	118 000	53 000
Total Tangible Assets	84 372 000	81 883 000	7 418 000	7 353 000
Total Fiancial Fixed Assets	0	0	67 440 000	67 440 000
Total Fixed Assets	84 403 000	81 896 000	74 872 000	74 802 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 226 000	1 196 000	252 000	353 000
Total Current Assets	1 332 000	1 472 000	1 189 000	864 000
Total Assets	85 734 000	83 369 000	76 061 000	75 666 000
Total Equity	31 872 000	31 935 000	31 551 000	31 567 000
Short-Term Group Debt	1 468 000	1 261 000	0	0
Total Long-Term Debt	51 861 000	49 861 000	42 636 000	43 170 000
Creditors	15 000	41 000	1 131 000	558 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	518 000	270 000	743 000	371 000
Total Current Debt	2 001 000	1 573 000	1 874 000	929 000
Total Equity and Debt	85 734 000	83 369 000	76 061 000	75 666 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,31 %	2,14 %	0,87 %	0,34 %
Debt-to-Equity Ratio	1,63	1,56	1,35	1,37
Operating Profit Margin	49,09 %	55,39 %	37,62 %	34,27 %
Current Ratio	0,67	0,94	0,63	0,93
Quick Ratio	0,67	0,94	0,63	0,93
Equity Ratio	0,37	0,38	0,41	0,42
Gross Profit Margin	100 %	100 %	100 %	100 %