VESTFJORDGATA 18 AS

8300 SVOLVÆR

Finances

Share Ownership

Return on Equity

1,63 %

Current Ratio

4,26

Debt-to-Equity Ratio

3,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	240 000	238 000	300 000	281 000
Net Income	18 000	24 000	55 000	45 000
Total Assets	4 728 000	4 696 000	4 676 000	4 838 000
Total Equity	1 101 000	1 083 000	1 060 000	1 005 000

Income (NOK)	2022	2021	2020	2019
Revenue	240 000	238 000	300 000	281 000
Expenditure	77 000	65 000	85 000	75 000
Operating Profit	163 000	172 000	215 000	205 000
Financial Income	0	0	1 000	1 000
Financial Costs	141 000	142 000	145 000	148 000
Financial Balance	−141 000	−142 000	−144 000	−147 000
Earnings Before Tax	23 000	30 000	70 000	58 000
Tax	5 000	7 000	15 000	13 000
Net Income	18 000	24 000	55 000	45 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 614 000	4 614 000	4 614 000	4 614 000
Total Current Assets	115 000	83 000	63 000	225 000
Total Assets	4 728 000	4 696 000	4 676 000	4 838 000
Total Retained Equity	101 000	83 000	60 000	5 000
Total Equity	1 101 000	1 083 000	1 060 000	1 005 000
Total Long-Term Debt	3 600 000	3 584 000	3 593 000	3 814 000
Total Current Debt	27 000	29 000	24 000	20 000
Total Equity and Debt	4 728 000	4 696 000	4 676 000	4 838 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	240 000	238 000	300 000	281 000
Revenue	240 000	238 000	300 000	281 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	77 000	65 000	85 000	75 000
Operating Profit	163 000	172 000	215 000	205 000
Financial Income	0	0	1 000	1 000
Financial Costs	141 000	142 000	145 000	148 000
Financial Balance	−141 000	−142 000	−144 000	−147 000
Dividends	0	0	0	0
Net Income	18 000	24 000	55 000	45 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 614 000	4 614 000	4 614 000	4 614 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 614 000	4 614 000	4 614 000	4 614 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 614 000	4 614 000	4 614 000	4 614 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	93 000	62 000	45 000	212 000
Total Current Assets	115 000	83 000	63 000	225 000
Total Assets	4 728 000	4 696 000	4 676 000	4 838 000
Total Equity	1 101 000	1 083 000	1 060 000	1 005 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 600 000	3 584 000	3 593 000	3 814 000
Creditors	22 000	22 000	8 000	19 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	27 000	29 000	24 000	20 000
Total Equity and Debt	4 728 000	4 696 000	4 676 000	4 838 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,63 %	2,22 %	5,19 %	4,48 %
Debt-to-Equity Ratio	3,27	3,31	3,39	3,8
Operating Profit Margin	67,92 %	72,27 %	71,67 %	72,95 %
Current Ratio	4,26	2,86	2,63	11,25
Quick Ratio	4,26	2,86	2,63	11,25
Equity Ratio	0,23	0,23	0,23	0,21
Gross Profit Margin	100 %	100 %	100 %	100 %