VESTLAND EIENDOMSUTVIKLING AS

6993 HØYANGER

Finances

Share Ownership

Return on Equity

−3,12 %

Current Ratio

16,38

Debt-to-Equity Ratio

3,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	78 000	2 000	4 100 000	6 080 000
Net Income	−17 000	−121 000	−38 000	53 000
Total Assets	2 368 000	2 253 000	1 218 000	3 411 000
Total Equity	545 000	562 000	683 000	721 000

Income (NOK)	2022	2021	2020	2019
Revenue	78 000	2 000	4 100 000	6 080 000
Expenditure	78 000	106 000	4 118 000	6 008 000
Operating Profit	0	−105 000	−18 000	71 000
Financial Income	0	0	1 000	0
Financial Costs	17 000	17 000	21 000	18 000
Financial Balance	−17 000	−17 000	−20 000	−18 000
Earnings Before Tax	−17 000	−121 000	−38 000	53 000
Tax	0	0	0	0
Net Income	−17 000	−121 000	−38 000	53 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 000	468 000	15 000	0
Total Current Assets	2 359 000	1 785 000	1 203 000	3 411 000
Total Assets	2 368 000	2 253 000	1 218 000	3 411 000
Total Retained Equity	−246 000	−229 000	−108 000	−70 000
Total Equity	545 000	562 000	683 000	721 000
Total Long-Term Debt	1 679 000	1 500 000	0	2 198 000
Total Current Debt	144 000	191 000	535 000	492 000
Total Equity and Debt	2 368 000	2 253 000	1 218 000	3 411 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	4 100 000	6 080 000
Other Income	78 000	2 000	0	0
Revenue	78 000	2 000	4 100 000	6 080 000
Cost of Goods Sold	0	0	3 914 000	5 694 000
Salary Costs	0	0	0	0
Depreciation	3 000	3 000	1 000	0
Impairment	0	0	0	0
Expenditure	78 000	106 000	4 118 000	6 008 000
Operating Profit	0	−105 000	−18 000	71 000
Financial Income	0	0	1 000	0
Financial Costs	17 000	17 000	21 000	18 000
Financial Balance	−17 000	−17 000	−20 000	−18 000
Dividends	0	0	0	0
Net Income	−17 000	−121 000	−38 000	53 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	455 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	9 000	12 000	15 000	0
Total Tangible Assets	9 000	468 000	15 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 000	468 000	15 000	0
Stock	2 288 000	1 170 000	1 085 000	3 329 000
Total Investments	0	0	0	0
Cash, Bank	68 000	537 000	40 000	70 000
Total Current Assets	2 359 000	1 785 000	1 203 000	3 411 000
Total Assets	2 368 000	2 253 000	1 218 000	3 411 000
Total Equity	545 000	562 000	683 000	721 000
Short-Term Group Debt	77 000	128 000	0	0
Total Long-Term Debt	1 679 000	1 500 000	0	2 198 000
Creditors	7 000	3 000	475 000	429 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	60 000	60 000	60 000	62 000
Total Current Debt	144 000	191 000	535 000	492 000
Total Equity and Debt	2 368 000	2 253 000	1 218 000	3 411 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,12 %	−21,53 %	−5,56 %	7,35 %
Debt-to-Equity Ratio	3,08	2,67	0	3,05
Operating Profit Margin	0 %	−5 250 %	−0,44 %	1,17 %
Current Ratio	16,38	9,35	2,25	6,93
Quick Ratio	−1,1	−1,82	−2,19	−1,2
Equity Ratio	0,23	0,25	0,56	0,21
Gross Profit Margin	100 %	100 %	4,54 %	6,35 %