VESTAD NÆRINGSEIENDOM AS

2406 ELVERUM

Finances

Share Ownership

Return on Equity

70 %

Current Ratio

0,34

Debt-to-Equity Ratio

20,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	300 000	315 000	240 000	180 000
Net Income	70 000	114 000	12 000	−85 000
Total Assets	2 451 000	2 488 000	2 514 000	2 558 000
Total Equity	100 000	30 000	−84 000	−96 000

Income (NOK)	2022	2021	2020	2019
Revenue	300 000	315 000	240 000	180 000
Expenditure	92 000	100 000	125 000	134 000
Operating Profit	208 000	216 000	116 000	47 000
Financial Income	4 000	3 000	3 000	3 000
Financial Costs	122 000	105 000	106 000	135 000
Financial Balance	−118 000	−102 000	−103 000	−132 000
Earnings Before Tax	90 000	114 000	12 000	−85 000
Tax	20 000	0	0	0
Net Income	70 000	114 000	12 000	−85 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 347 000	2 411 000	2 474 000	2 538 000
Total Current Assets	104 000	78 000	39 000	20 000
Total Assets	2 451 000	2 488 000	2 514 000	2 558 000
Total Retained Equity	70 000	0	−114 000	−126 000
Total Equity	100 000	30 000	−84 000	−96 000
Total Long-Term Debt	2 048 000	2 148 000	2 518 000	2 629 000
Total Current Debt	303 000	310 000	79 000	25 000
Total Equity and Debt	2 451 000	2 488 000	2 514 000	2 558 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	300 000	300 000	0	0
Other Income	0	15 000	240 000	180 000
Revenue	300 000	315 000	240 000	180 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	64 000	64 000	64 000	64 000
Impairment	0	0	0	0
Expenditure	92 000	100 000	125 000	134 000
Operating Profit	208 000	216 000	116 000	47 000
Financial Income	4 000	3 000	3 000	3 000
Financial Costs	122 000	105 000	106 000	135 000
Financial Balance	−118 000	−102 000	−103 000	−132 000
Dividends	0	0	0	0
Net Income	70 000	114 000	12 000	−85 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 347 000	2 411 000	2 474 000	2 538 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 347 000	2 411 000	2 474 000	2 538 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 347 000	2 411 000	2 474 000	2 538 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	109 000	64 000	39 000	5 000
Total Current Assets	104 000	78 000	39 000	20 000
Total Assets	2 451 000	2 488 000	2 514 000	2 558 000
Total Equity	100 000	30 000	−84 000	−96 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 048 000	2 148 000	2 518 000	2 629 000
Creditors	32 000	41 000	56 000	14 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	271 000	269 000	23 000	11 000
Total Current Debt	303 000	310 000	79 000	25 000
Total Equity and Debt	2 451 000	2 488 000	2 514 000	2 558 000

Financial indicators	2022	2021	2020	2019
Return on Equity	70 %	380 %	−14,29 %	88,54 %
Debt-to-Equity Ratio	20,48	71,6	−29,98	−27,39
Operating Profit Margin	69,33 %	68,57 %	48,33 %	26,11 %
Current Ratio	0,34	0,25	0,49	0,8
Quick Ratio	0,34	0,25	0,49	0,8
Equity Ratio	0,04	0,01	−0,03	−0,04
Gross Profit Margin	100 %	100 %	100 %	100 %