VESTRE STRØMKAIEN 1 AS

5008 BERGEN

Finances

Share Ownership

Return on Equity

29,54 %

Current Ratio

1,52

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 626 000	2 587 000	2 461 000	2 378 000
Net Income	1 782 000	1 641 000	399 000	1 552 000
Total Assets	8 343 000	8 000 000	9 029 000	8 924 000
Total Equity	6 033 000	5 750 000	5 610 000	8 211 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 626 000	2 587 000	2 461 000	2 378 000
Expenditure	375 000	494 000	1 979 000	414 000
Operating Profit	2 251 000	2 093 000	483 000	1 964 000
Financial Income	34 000	11 000	29 000	26 000
Financial Costs	0	0	0	0
Financial Balance	34 000	11 000	29 000	26 000
Earnings Before Tax	2 285 000	2 103 000	511 000	1 990 000
Tax	503 000	463 000	112 000	438 000
Net Income	1 782 000	1 641 000	399 000	1 552 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 232 000	5 329 000	5 426 000	5 524 000
Total Current Assets	3 111 000	2 671 000	3 603 000	3 401 000
Total Assets	8 343 000	8 000 000	9 029 000	8 924 000
Total Retained Equity	553 000	271 000	130 000	2 731 000
Total Equity	6 033 000	5 750 000	5 610 000	8 211 000
Total Long-Term Debt	258 000	255 000	250 000	244 000
Total Current Debt	2 052 000	1 994 000	3 169 000	470 000
Total Equity and Debt	8 343 000	8 000 000	9 029 000	8 924 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 626 000	2 587 000	2 461 000	2 378 000
Revenue	2 626 000	2 587 000	2 461 000	2 378 000
Cost of Goods Sold	0	0	0	0
Salary Costs	20 000	0	0	0
Depreciation	97 000	97 000	97 000	97 000
Impairment	0	0	0	0
Expenditure	375 000	494 000	1 979 000	414 000
Operating Profit	2 251 000	2 093 000	483 000	1 964 000
Financial Income	34 000	11 000	29 000	26 000
Financial Costs	0	0	0	0
Financial Balance	34 000	11 000	29 000	26 000
Dividends	1 500 000	1 500 000	3 000 000	0
Net Income	1 782 000	1 641 000	399 000	1 552 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 232 000	5 329 000	5 426 000	5 524 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 232 000	5 329 000	5 426 000	5 524 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 232 000	5 329 000	5 426 000	5 524 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 911 000	2 671 000	3 603 000	3 092 000
Total Current Assets	3 111 000	2 671 000	3 603 000	3 401 000
Total Assets	8 343 000	8 000 000	9 029 000	8 924 000
Total Equity	6 033 000	5 750 000	5 610 000	8 211 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	258 000	255 000	250 000	244 000
Creditors	0	0	0	0
Unpaid Taxes	52 000	36 000	40 000	40 000
Dividends	1 500 000	1 500 000	3 000 000	0
Other Current Debt	1 500 000	0	23 000	0
Total Current Debt	2 052 000	1 994 000	3 169 000	470 000
Total Equity and Debt	8 343 000	8 000 000	9 029 000	8 924 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,54 %	28,54 %	7,11 %	18,9 %
Debt-to-Equity Ratio	0,04	0,04	0,04	0,03
Operating Profit Margin	85,72 %	80,9 %	19,63 %	82,59 %
Current Ratio	1,52	1,34	1,14	7,24
Quick Ratio	1,52	1,34	1,14	7,24
Equity Ratio	0,72	0,72	0,62	0,92
Gross Profit Margin	100 %	100 %	100 %	100 %