VESTLANDSHUS SØR EIENDOMSUTVIKLING AS

4516 MANDAL

Finances

Share Ownership

Return on Equity

81,4 %

Current Ratio

1,12

Debt-to-Equity Ratio

3,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 479 000	3 698 000	0	0
Net Income	805 000	312 000	−14 000	−119 000
Total Assets	9 841 000	4 538 000	1 803 000	1 802 000
Total Equity	989 000	185 000	−128 000	−114 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 479 000	3 698 000	0	0
Expenditure	11 345 000	3 309 000	14 000	119 000
Operating Profit	1 134 000	389 000	−14 000	−119 000
Financial Income	0	0	0	0
Financial Costs	103 000	34 000	0	0
Financial Balance	−103 000	−34 000	0	0
Earnings Before Tax	1 032 000	356 000	−14 000	−119 000
Tax	227 000	44 000	0	0
Net Income	805 000	312 000	−14 000	−119 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 011 000	0	1 800 000	1 800 000
Total Current Assets	5 829 000	4 538 000	3 000	2 000
Total Assets	9 841 000	4 538 000	1 803 000	1 802 000
Total Retained Equity	968 000	164 000	−149 000	−134 000
Total Equity	989 000	185 000	−128 000	−114 000
Total Long-Term Debt	3 664 000	2 842 000	768 000	733 000
Total Current Debt	5 187 000	1 512 000	1 163 000	1 183 000
Total Equity and Debt	9 841 000	4 538 000	1 803 000	1 802 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 118 000	3 659 000	0	0
Other Income	361 000	39 000	0	0
Revenue	12 479 000	3 698 000	0	0
Cost of Goods Sold	11 042 000	3 254 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	11 345 000	3 309 000	14 000	119 000
Operating Profit	1 134 000	389 000	−14 000	−119 000
Financial Income	0	0	0	0
Financial Costs	103 000	34 000	0	0
Financial Balance	−103 000	−34 000	0	0
Dividends	0	0	0	0
Net Income	805 000	312 000	−14 000	−119 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 744 000	0	1 800 000	1 800 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	267 000	0	0	0
Total Tangible Assets	4 011 000	0	1 800 000	1 800 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 011 000	0	1 800 000	1 800 000
Stock	4 109 000	3 358 000	0	0
Total Investments	0	0	0	0
Cash, Bank	89 000	209 000	2 000	2 000
Total Current Assets	5 829 000	4 538 000	3 000	2 000
Total Assets	9 841 000	4 538 000	1 803 000	1 802 000
Total Equity	989 000	185 000	−128 000	−114 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 664 000	2 842 000	768 000	733 000
Creditors	3 362 000	1 396 000	1 163 000	1 183 000
Unpaid Taxes	50 000	73 000	0	0
Dividends	0	0	0	0
Other Current Debt	1 548 000	0	0	0
Total Current Debt	5 187 000	1 512 000	1 163 000	1 183 000
Total Equity and Debt	9 841 000	4 538 000	1 803 000	1 802 000

Financial indicators	2022	2021	2020	2019
Return on Equity	81,4 %	168,65 %	10,94 %	104,39 %
Debt-to-Equity Ratio	3,7	15,36	−6	−6,43
Operating Profit Margin	9,09 %	10,52 %	-	-
Current Ratio	1,12	3	0	0
Quick Ratio	5,41	−2,46	0	0
Equity Ratio	0,1	0,04	−0,07	−0,06
Gross Profit Margin	11,52 %	12,01 %	-	-