VESTERVAAGEN BRYGGE AS

9952 VARDØ

Finances

Share Ownership

Return on Equity

20 %

Current Ratio

1,24

Debt-to-Equity Ratio

1,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	864 000	563 000	943 000	900 000
Net Income	105 000	148 000	−162 000	117 000
Total Assets	1 321 000	878 000	838 000	1 032 000
Total Equity	525 000	420 000	272 000	434 000

Income (NOK)	2022	2021	2020	2019
Revenue	864 000	563 000	943 000	900 000
Expenditure	691 000	391 000	1 080 000	735 000
Operating Profit	173 000	172 000	−138 000	165 000
Financial Income	0	0	0	0
Financial Costs	33 000	19 000	24 000	34 000
Financial Balance	−33 000	−19 000	−24 000	−34 000
Earnings Before Tax	140 000	153 000	−162 000	131 000
Tax	35 000	5 000	0	14 000
Net Income	105 000	148 000	−162 000	117 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 162 000	700 000	753 000	805 000
Total Current Assets	158 000	178 000	85 000	227 000
Total Assets	1 321 000	878 000	838 000	1 032 000
Total Retained Equity	125 000	20 000	−128 000	34 000
Total Equity	525 000	420 000	272 000	434 000
Total Long-Term Debt	669 000	388 000	463 000	538 000
Total Current Debt	127 000	71 000	104 000	61 000
Total Equity and Debt	1 321 000	878 000	838 000	1 032 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	445 000	143 000	580 000	525 000
Other Income	419 000	420 000	363 000	375 000
Revenue	864 000	563 000	943 000	900 000
Cost of Goods Sold	0	0	0	0
Salary Costs	6 000	10 000	337 000	5 000
Depreciation	74 000	52 000	52 000	52 000
Impairment	0	0	0	0
Expenditure	691 000	391 000	1 080 000	735 000
Operating Profit	173 000	172 000	−138 000	165 000
Financial Income	0	0	0	0
Financial Costs	33 000	19 000	24 000	34 000
Financial Balance	−33 000	−19 000	−24 000	−34 000
Dividends	0	0	0	0
Net Income	105 000	148 000	−162 000	117 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 162 000	688 000	729 000	769 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	12 000	24 000	36 000
Total Tangible Assets	1 162 000	700 000	753 000	805 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 162 000	700 000	753 000	805 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	158 000	178 000	85 000	227 000
Total Current Assets	158 000	178 000	85 000	227 000
Total Assets	1 321 000	878 000	838 000	1 032 000
Total Equity	525 000	420 000	272 000	434 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	669 000	388 000	463 000	538 000
Creditors	0	0	−8 000	−3 000
Unpaid Taxes	15 000	−11 000	11 000	15 000
Dividends	0	0	0	0
Other Current Debt	77 000	77 000	100 000	35 000
Total Current Debt	127 000	71 000	104 000	61 000
Total Equity and Debt	1 321 000	878 000	838 000	1 032 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20 %	35,24 %	−59,56 %	26,96 %
Debt-to-Equity Ratio	1,27	0,92	1,7	1,24
Operating Profit Margin	20,02 %	30,55 %	−14,63 %	18,33 %
Current Ratio	1,24	2,51	0,82	3,72
Quick Ratio	1,24	2,51	0,82	3,72
Equity Ratio	0,4	0,48	0,32	0,42
Gross Profit Margin	100 %	100 %	100 %	100 %