VESTBY SØR TO AS

1396 BILLINGSTAD

Finances

Share Ownership

Return on Equity

−9,63 %

Current Ratio

0,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 000	32 000	42 000	0
Net Income	−391 000	−16 493 000	−938 000	−1 190 000
Total Assets	35 141 000	34 145 000	52 152 000	54 513 000
Total Equity	4 059 000	−5 626 000	9 309 000	7 224 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 000	32 000	42 000	0
Expenditure	230 000	20 675 000	354 000	377 000
Operating Profit	−209 000	−20 643 000	−312 000	−377 000
Financial Income	11 000	6 000	0	0
Financial Costs	304 000	507 000	891 000	1 129 000
Financial Balance	−293 000	−501 000	−891 000	−1 129 000
Earnings Before Tax	−502 000	−21 144 000	−1 202 000	−1 506 000
Tax	−110 000	−4 652 000	−265 000	−316 000
Net Income	−391 000	−16 493 000	−938 000	−1 190 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	31 768 000	31 768 000	47 875 000	47 875 000
Total Current Assets	3 373 000	2 377 000	4 277 000	6 638 000
Total Assets	35 141 000	34 145 000	52 152 000	54 513 000
Total Retained Equity	−19 644 000	−19 253 000	−2 760 000	−1 822 000
Total Equity	4 059 000	−5 626 000	9 309 000	7 224 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	31 082 000	39 771 000	42 843 000	47 289 000
Total Equity and Debt	35 141 000	34 145 000	52 152 000	54 513 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	21 000	32 000	42 000	0
Revenue	21 000	32 000	42 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	20 650 000	0	0
Expenditure	230 000	20 675 000	354 000	377 000
Operating Profit	−209 000	−20 643 000	−312 000	−377 000
Financial Income	11 000	6 000	0	0
Financial Costs	304 000	507 000	891 000	1 129 000
Financial Balance	−293 000	−501 000	−891 000	−1 129 000
Dividends	0	0	0	0
Net Income	−391 000	−16 493 000	−938 000	−1 190 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 543 000	4 543 000	0	0
Real Eastate	27 225 000	27 225 000	47 875 000	47 875 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	27 225 000	27 225 000	47 875 000	47 875 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	31 768 000	31 768 000	47 875 000	47 875 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	359 000	283 000	283 000
Total Current Assets	3 373 000	2 377 000	4 277 000	6 638 000
Total Assets	35 141 000	34 145 000	52 152 000	54 513 000
Total Equity	4 059 000	−5 626 000	9 309 000	7 224 000
Short-Term Group Debt	30 889 000	39 441 000	42 241 000	46 468 000
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	14 000	76 000
Total Current Debt	31 082 000	39 771 000	42 843 000	47 289 000
Total Equity and Debt	35 141 000	34 145 000	52 152 000	54 513 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,63 %	293,16 %	−10,08 %	−16,47 %
Debt-to-Equity Ratio	0	−0	0	0
Operating Profit Margin	−995,24 %	−64 509,38 %	−742,86 %	-
Current Ratio	0,11	0,06	0,1	0,14
Quick Ratio	0,11	0,06	0,1	0,14
Equity Ratio	0,12	−0,16	0,18	0,13
Gross Profit Margin	100 %	100 %	100 %	-