VEST PROPERTY AS

5527 HAUGESUND

Finances

Return on Equity

−12,33 %

Current Ratio

0,16

Debt-to-Equity Ratio

9,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 431 000	1 397 000	1 354 000	1 194 000
Net Income	−142 000	−145 000	10 000	−12 000
Total Assets	27 629 000	21 608 000	21 500 000	20 237 000
Total Equity	1 152 000	−706 000	−561 000	−571 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 431 000	1 397 000	1 354 000	1 194 000
Expenditure	1 089 000	1 168 000	842 000	708 000
Operating Profit	342 000	229 000	513 000	485 000
Financial Income	3 000	2 000	0	2 000
Financial Costs	527 000	417 000	500 000	503 000
Financial Balance	−524 000	−415 000	−500 000	−501 000
Earnings Before Tax	−182 000	−186 000	13 000	−16 000
Tax	−40 000	−41 000	3 000	−3 000
Net Income	−142 000	−145 000	10 000	−12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 180 000	21 270 000	21 238 000	19 563 000
Total Current Assets	2 449 000	337 000	263 000	674 000
Total Assets	27 629 000	21 608 000	21 500 000	20 237 000
Total Retained Equity	−865 000	−723 000	−578 000	−588 000
Total Equity	1 152 000	−706 000	−561 000	−571 000
Total Long-Term Debt	10 897 000	11 315 000	12 441 000	12 777 000
Total Current Debt	15 580 000	11 000 000	9 620 000	8 032 000
Total Equity and Debt	27 629 000	21 608 000	21 500 000	20 237 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 431 000	1 397 000	1 354 000	1 194 000
Revenue	1 431 000	1 397 000	1 354 000	1 194 000
Cost of Goods Sold	16 000	94 000	0	0
Salary Costs	0	0	0	0
Depreciation	229 000	221 000	209 000	138 000
Impairment	0	0	0	0
Expenditure	1 089 000	1 168 000	842 000	708 000
Operating Profit	342 000	229 000	513 000	485 000
Financial Income	3 000	2 000	0	2 000
Financial Costs	527 000	417 000	500 000	503 000
Financial Balance	−524 000	−415 000	−500 000	−501 000
Dividends	0	0	0	0
Net Income	−142 000	−145 000	10 000	−12 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	248 000	208 000	167 000	170 000
Real Eastate	19 718 000	18 769 000	18 750 000	18 050 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	174 000	264 000	291 000	323 000
Total Tangible Assets	19 892 000	19 033 000	19 041 000	18 374 000
Total Fiancial Fixed Assets	5 040 000	2 030 000	2 030 000	1 020 000
Total Fixed Assets	25 180 000	21 270 000	21 238 000	19 563 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	12 000	3 000	352 000
Total Current Assets	2 449 000	337 000	263 000	674 000
Total Assets	27 629 000	21 608 000	21 500 000	20 237 000
Total Equity	1 152 000	−706 000	−561 000	−571 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 897 000	11 315 000	12 441 000	12 777 000
Creditors	28 000	31 000	77 000	1 455 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	15 552 000	10 968 000	9 543 000	6 577 000
Total Current Debt	15 580 000	11 000 000	9 620 000	8 032 000
Total Equity and Debt	27 629 000	21 608 000	21 500 000	20 237 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,33 %	20,54 %	−1,78 %	2,1 %
Debt-to-Equity Ratio	9,46	−16,03	−22,18	−22,38
Operating Profit Margin	23,9 %	16,39 %	37,89 %	40,62 %
Current Ratio	0,16	0,03	0,03	0,08
Quick Ratio	0,16	0,03	0,03	0,08
Equity Ratio	0,04	−0,03	−0,03	−0,03
Gross Profit Margin	98,88 %	93,27 %	100 %	100 %