VESTERÅLEN EIENDOM AS

5464 DIMMELSVIK

Finances

Return on Equity

−84,02 %

Current Ratio

1,15

Debt-to-Equity Ratio

4,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 071 000	10 399 000	5 936 000	6 633 000
Net Income	−5 913 000	−8 640 000	−1 093 000	1 676 000
Total Assets	40 111 000	63 611 000	81 011 000	81 322 000
Total Equity	7 038 000	13 087 000	21 727 000	22 819 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 071 000	10 399 000	5 936 000	6 633 000
Expenditure	10 152 000	16 888 000	4 710 000	6 224 000
Operating Profit	−4 081 000	−6 488 000	1 226 000	408 000
Financial Income	38 000	31 000	31 000	3 513 000
Financial Costs	1 870 000	2 183 000	2 350 000	2 544 000
Financial Balance	−1 832 000	−2 152 000	−2 319 000	969 000
Earnings Before Tax	−5 913 000	−8 640 000	−1 093 000	1 378 000
Tax	0	0	0	−299 000
Net Income	−5 913 000	−8 640 000	−1 093 000	1 676 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	36 745 000	59 862 000	79 009 000	80 926 000
Total Current Assets	3 367 000	3 749 000	2 002 000	396 000
Total Assets	40 111 000	63 611 000	81 011 000	81 322 000
Total Retained Equity	−12 432 000	−6 995 000	1 645 000	2 738 000
Total Equity	7 038 000	13 087 000	21 727 000	22 819 000
Total Long-Term Debt	30 135 000	49 848 000	57 568 000	57 479 000
Total Current Debt	2 938 000	677 000	1 716 000	1 023 000
Total Equity and Debt	40 111 000	63 611 000	81 011 000	81 322 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	8 000	0	0
Other Income	6 071 000	10 391 000	5 936 000	6 633 000
Revenue	6 071 000	10 399 000	5 936 000	6 633 000
Cost of Goods Sold	1 404 000	0	0	0
Salary Costs	783 000	585 000	468 000	682 000
Depreciation	915 000	2 035 000	1 917 000	1 917 000
Impairment	0	11 288 000	0	0
Expenditure	10 152 000	16 888 000	4 710 000	6 224 000
Operating Profit	−4 081 000	−6 488 000	1 226 000	408 000
Financial Income	38 000	31 000	31 000	3 513 000
Financial Costs	1 870 000	2 183 000	2 350 000	2 544 000
Financial Balance	−1 832 000	−2 152 000	−2 319 000	969 000
Dividends	0	0	0	0
Net Income	−5 913 000	−8 640 000	−1 093 000	1 676 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	36 745 000	59 862 000	79 009 000	80 926 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	36 745 000	59 862 000	79 009 000	80 926 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	36 745 000	59 862 000	79 009 000	80 926 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 011 000	123 000	396 000	176 000
Total Current Assets	3 367 000	3 749 000	2 002 000	396 000
Total Assets	40 111 000	63 611 000	81 011 000	81 322 000
Total Equity	7 038 000	13 087 000	21 727 000	22 819 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	30 135 000	49 848 000	57 568 000	57 479 000
Creditors	315 000	407 000	285 000	387 000
Unpaid Taxes	61 000	33 000	159 000	84 000
Dividends	0	0	0	0
Other Current Debt	2 562 000	237 000	1 273 000	553 000
Total Current Debt	2 938 000	677 000	1 716 000	1 023 000
Total Equity and Debt	40 111 000	63 611 000	81 011 000	81 322 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−84,02 %	−66,02 %	−5,03 %	7,34 %
Debt-to-Equity Ratio	4,28	3,81	2,65	2,52
Operating Profit Margin	−67,22 %	−62,39 %	20,65 %	6,15 %
Current Ratio	1,15	5,54	1,17	0,39
Quick Ratio	1,15	5,54	1,17	0,39
Equity Ratio	0,18	0,21	0,27	0,28
Gross Profit Margin	76,87 %	100 %	100 %	100 %