VESTLAND NÆRINGSEIENDOM AS

5068 BERGEN

Finances

Return on Equity

118,11 %

Current Ratio

1,19

Debt-to-Equity Ratio

4,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	431 000	422 000	309 000	1 000
Net Income	998 000	186 000	−134 000	0
Total Assets	5 141 000	4 453 000	4 552 000	5 000
Total Equity	845 000	−2 000	−188 000	−55 000

Income (NOK)	2022	2021	2020	2019
Revenue	431 000	422 000	309 000	1 000
Expenditure	63 000	142 000	384 000	1 000
Operating Profit	369 000	281 000	−75 000	0
Financial Income	837 000	0	0	0
Financial Costs	165 000	94 000	58 000	0
Financial Balance	672 000	−94 000	−58 000	0
Earnings Before Tax	1 040 000	186 000	−134 000	0
Tax	43 000	0	0	0
Net Income	998 000	186 000	−134 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 850 000	4 221 000	4 221 000	0
Total Current Assets	291 000	232 000	331 000	5 000
Total Assets	5 141 000	4 453 000	4 552 000	5 000
Total Retained Equity	820 000	−26 000	−213 000	−79 000
Total Equity	845 000	−2 000	−188 000	−55 000
Total Long-Term Debt	4 051 000	4 233 000	4 384 000	59 000
Total Current Debt	245 000	222 000	357 000	0
Total Equity and Debt	5 141 000	4 453 000	4 552 000	5 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	300 000	422 000	309 000	0
Other Income	131 000	0	0	1 000
Revenue	431 000	422 000	309 000	1 000
Cost of Goods Sold	4 000	123 000	374 000	0
Salary Costs	0	0	0	0
Depreciation	23 000	0	0	0
Impairment	0	0	0	0
Expenditure	63 000	142 000	384 000	1 000
Operating Profit	369 000	281 000	−75 000	0
Financial Income	837 000	0	0	0
Financial Costs	165 000	94 000	58 000	0
Financial Balance	672 000	−94 000	−58 000	0
Dividends	0	0	0	0
Net Income	998 000	186 000	−134 000	0

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 669 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 669 000	0	0	0
Total Fiancial Fixed Assets	2 181 000	4 221 000	4 221 000	0
Total Fixed Assets	4 850 000	4 221 000	4 221 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	222 000	21 000	37 000	5 000
Total Current Assets	291 000	232 000	331 000	5 000
Total Assets	5 141 000	4 453 000	4 552 000	5 000
Total Equity	845 000	−2 000	−188 000	−55 000
Short-Term Group Debt	193 000	200 000	0	0
Total Long-Term Debt	4 051 000	4 233 000	4 384 000	59 000
Creditors	32 000	9 000	342 000	0
Unpaid Taxes	8 000	13 000	15 000	0
Dividends	0	0	0	0
Other Current Debt	13 000	0	0	0
Total Current Debt	245 000	222 000	357 000	0
Total Equity and Debt	5 141 000	4 453 000	4 552 000	5 000

Financial indicators	2022	2021	2020	2019
Return on Equity	118,11 %	−9 300 %	71,28 %	−0 %
Debt-to-Equity Ratio	4,79	−2 116,5	−23,32	−1,07
Operating Profit Margin	85,61 %	66,59 %	−24,27 %	0 %
Current Ratio	1,19	1,05	0,93	-
Quick Ratio	1,19	1,05	0,93	-
Equity Ratio	0,16	−0	−0,04	−11
Gross Profit Margin	99,07 %	70,85 %	−21,04 %	100 %