VESTFOSSEN ELVEPARK AS

3300 HOKKSUND

Finances

Share Ownership

Return on Equity

1,7 %

Current Ratio

2,03

Debt-to-Equity Ratio

10,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 317 000	927 000	1 001 000	1 004 000
Net Income	25 000	−171 000	−26 000	−213 000
Total Assets	18 285 000	19 205 000	18 365 000	17 442 000
Total Equity	1 472 000	1 010 000	534 000	−222 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 317 000	927 000	1 001 000	1 004 000
Expenditure	639 000	722 000	486 000	646 000
Operating Profit	678 000	204 000	515 000	359 000
Financial Income	1 000	0	0	0
Financial Costs	646 000	423 000	548 000	631 000
Financial Balance	−645 000	−423 000	−548 000	−631 000
Earnings Before Tax	33 000	−219 000	−34 000	−273 000
Tax	7 000	−48 000	−7 000	−60 000
Net Income	25 000	−171 000	−26 000	−213 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 385 000	15 802 000	16 219 000	16 727 000
Total Current Assets	2 900 000	3 403 000	2 146 000	715 000
Total Assets	18 285 000	19 205 000	18 365 000	17 442 000
Total Retained Equity	1 378 000	916 000	440 000	−317 000
Total Equity	1 472 000	1 010 000	534 000	−222 000
Total Long-Term Debt	15 387 000	16 857 000	17 750 000	17 539 000
Total Current Debt	1 426 000	1 339 000	81 000	125 000
Total Equity and Debt	18 285 000	19 205 000	18 365 000	17 442 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 317 000	927 000	1 001 000	1 004 000
Revenue	1 317 000	927 000	1 001 000	1 004 000
Cost of Goods Sold	75 000	0	0	2 000
Salary Costs	0	0	0	0
Depreciation	417 000	417 000	417 000	417 000
Impairment	0	0	0	0
Expenditure	639 000	722 000	486 000	646 000
Operating Profit	678 000	204 000	515 000	359 000
Financial Income	1 000	0	0	0
Financial Costs	646 000	423 000	548 000	631 000
Financial Balance	−645 000	−423 000	−548 000	−631 000
Dividends	0	0	0	0
Net Income	25 000	−171 000	−26 000	−213 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	91 000
Real Eastate	15 385 000	15 802 000	16 219 000	16 636 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	15 385 000	15 802 000	16 219 000	16 636 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 385 000	15 802 000	16 219 000	16 727 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 295 000	2 537 000	1 108 000	581 000
Total Current Assets	2 900 000	3 403 000	2 146 000	715 000
Total Assets	18 285 000	19 205 000	18 365 000	17 442 000
Total Equity	1 472 000	1 010 000	534 000	−222 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 387 000	16 857 000	17 750 000	17 539 000
Creditors	11 000	9 000	3 000	3 000
Unpaid Taxes	0	0	8 000	10 000
Dividends	0	0	0	0
Other Current Debt	1 414 000	1 330 000	70 000	112 000
Total Current Debt	1 426 000	1 339 000	81 000	125 000
Total Equity and Debt	18 285 000	19 205 000	18 365 000	17 442 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,7 %	−16,93 %	−4,87 %	95,95 %
Debt-to-Equity Ratio	10,45	16,69	33,24	−79
Operating Profit Margin	51,48 %	22,01 %	51,45 %	35,76 %
Current Ratio	2,03	2,54	26,49	5,72
Quick Ratio	2,03	2,54	26,49	5,72
Equity Ratio	0,08	0,05	0,03	−0,01
Gross Profit Margin	94,31 %	100 %	100 %	99,8 %