VESTBØ HELLESYLT AS

5012 BERGEN

Finances

Share Ownership

Return on Equity

2,78 %

Current Ratio

7,5

Debt-to-Equity Ratio

2,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	578 000	206 000	312 000	600 000
Net Income	26 000	−195 000	−137 000	−164 000
Total Assets	3 126 000	2 102 000	2 237 000	2 377 000
Total Equity	936 000	−90 000	104 000	241 000

Income (NOK)	2022	2021	2020	2019
Revenue	578 000	206 000	312 000	600 000
Expenditure	593 000	290 000	424 000	732 000
Operating Profit	−15 000	−84 000	−112 000	−132 000
Financial Income	0	0	0	0
Financial Costs	52 000	60 000	63 000	78 000
Financial Balance	−52 000	−60 000	−63 000	−78 000
Earnings Before Tax	−67 000	−144 000	−175 000	−210 000
Tax	−94 000	50 000	−39 000	−46 000
Net Income	26 000	−195 000	−137 000	−164 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 066 000	2 108 000	2 208 000	2 308 000
Total Current Assets	60 000	−7 000	29 000	68 000
Total Assets	3 126 000	2 102 000	2 237 000	2 377 000
Total Retained Equity	536 000	−490 000	−296 000	−159 000
Total Equity	936 000	−90 000	104 000	241 000
Total Long-Term Debt	2 183 000	2 152 000	2 095 000	1 854 000
Total Current Debt	8 000	40 000	38 000	282 000
Total Equity and Debt	3 126 000	2 102 000	2 237 000	2 377 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 000	0	0	0
Other Income	567 000	206 000	312 000	600 000
Revenue	578 000	206 000	312 000	600 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	42 000	100 000	100 000	100 000
Impairment	0	0	0	0
Expenditure	593 000	290 000	424 000	732 000
Operating Profit	−15 000	−84 000	−112 000	−132 000
Financial Income	0	0	0	0
Financial Costs	52 000	60 000	63 000	78 000
Financial Balance	−52 000	−60 000	−63 000	−78 000
Dividends	0	0	0	0
Net Income	26 000	−195 000	−137 000	−164 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 066 000	2 108 000	2 208 000	2 308 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 066 000	2 108 000	2 208 000	2 308 000
Total Fiancial Fixed Assets	1 000 000	0	0	0
Total Fixed Assets	3 066 000	2 108 000	2 208 000	2 308 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	63 000	37 000	2 000	31 000
Total Current Assets	60 000	−7 000	29 000	68 000
Total Assets	3 126 000	2 102 000	2 237 000	2 377 000
Total Equity	936 000	−90 000	104 000	241 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 183 000	2 152 000	2 095 000	1 854 000
Creditors	0	0	0	197 000
Unpaid Taxes	0	0	0	2 000
Dividends	0	0	0	0
Other Current Debt	7 000	40 000	37 000	83 000
Total Current Debt	8 000	40 000	38 000	282 000
Total Equity and Debt	3 126 000	2 102 000	2 237 000	2 377 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,78 %	216,67 %	−131,73 %	−68,05 %
Debt-to-Equity Ratio	2,33	−23,91	20,14	7,69
Operating Profit Margin	−2,6 %	−40,78 %	−35,9 %	−22 %
Current Ratio	7,5	−0,18	0,76	0,24
Quick Ratio	7,5	−0,18	0,76	0,24
Equity Ratio	0,3	−0,04	0,05	0,1
Gross Profit Margin	100 %	100 %	100 %	100 %