VESTERÅSVEIEN 16-18 AS

0167 OSLO

Finances

Share Ownership

Return on Equity

−12,64 %

Current Ratio

18,97

Debt-to-Equity Ratio

3,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	715 000	685 000	677 000	670 000
Net Income	−2 734 000	−1 367 000	−1 435 000	−1 777 000
Total Assets	91 154 000	88 638 000	87 116 000	84 932 000
Total Equity	21 627 000	24 360 000	25 727 000	27 162 000

Income (NOK)	2022	2021	2020	2019
Revenue	715 000	685 000	677 000	670 000
Expenditure	297 000	302 000	245 000	264 000
Operating Profit	419 000	384 000	433 000	405 000
Financial Income	0	0	0	2 000
Financial Costs	3 153 000	1 750 000	1 869 000	2 185 000
Financial Balance	−3 153 000	−1 750 000	−1 869 000	−2 183 000
Earnings Before Tax	−2 734 000	−1 367 000	−1 435 000	−1 777 000
Tax	0	0	0	0
Net Income	−2 734 000	−1 367 000	−1 435 000	−1 777 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	77 024 000	77 024 000	77 024 000	77 024 000
Total Current Assets	14 130 000	11 614 000	10 092 000	7 908 000
Total Assets	91 154 000	88 638 000	87 116 000	84 932 000
Total Retained Equity	−10 898 000	−8 164 000	−6 797 000	−5 362 000
Total Equity	21 627 000	24 360 000	25 727 000	27 162 000
Total Long-Term Debt	68 782 000	63 841 000	61 300 000	57 500 000
Total Current Debt	745 000	436 000	89 000	270 000
Total Equity and Debt	91 154 000	88 638 000	87 116 000	84 932 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	715 000	685 000	677 000	670 000
Revenue	715 000	685 000	677 000	670 000
Cost of Goods Sold	49 000	48 000	56 000	50 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	297 000	302 000	245 000	264 000
Operating Profit	419 000	384 000	433 000	405 000
Financial Income	0	0	0	2 000
Financial Costs	3 153 000	1 750 000	1 869 000	2 185 000
Financial Balance	−3 153 000	−1 750 000	−1 869 000	−2 183 000
Dividends	0	0	0	0
Net Income	−2 734 000	−1 367 000	−1 435 000	−1 777 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	77 024 000	77 024 000	77 024 000	77 024 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	77 024 000	77 024 000	77 024 000	77 024 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	77 024 000	77 024 000	77 024 000	77 024 000
Stock	12 734 000	11 464 000	9 486 000	6 365 000
Total Investments	0	0	0	0
Cash, Bank	1 395 000	149 000	587 000	1 525 000
Total Current Assets	14 130 000	11 614 000	10 092 000	7 908 000
Total Assets	91 154 000	88 638 000	87 116 000	84 932 000
Total Equity	21 627 000	24 360 000	25 727 000	27 162 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	68 782 000	63 841 000	61 300 000	57 500 000
Creditors	2 000	381 000	3 000	163 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	743 000	55 000	85 000	106 000
Total Current Debt	745 000	436 000	89 000	270 000
Total Equity and Debt	91 154 000	88 638 000	87 116 000	84 932 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,64 %	−5,61 %	−5,58 %	−6,54 %
Debt-to-Equity Ratio	3,18	2,62	2,38	2,12
Operating Profit Margin	58,6 %	56,06 %	63,96 %	60,45 %
Current Ratio	18,97	26,64	113,39	29,29
Quick Ratio	−1,18	−1,05	−1,07	−1,3
Equity Ratio	0,24	0,27	0,3	0,32
Gross Profit Margin	93,15 %	92,99 %	91,73 %	92,54 %