VESTREPOLLEN AS

5259 HJELLESTAD

Finances

Return on Equity

148,24 %

Current Ratio

0,1

Debt-to-Equity Ratio

−43,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	460 000	244 000
Net Income	−590 000	−11 000	181 000	−104 000
Total Assets	21 775 000	459 000	451 000	1 923 000
Total Equity	−398 000	192 000	203 000	22 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	460 000	244 000
Expenditure	19 000	11 000	207 000	241 000
Operating Profit	−19 000	−11 000	253 000	3 000
Financial Income	0	0	0	0
Financial Costs	571 000	0	72 000	107 000
Financial Balance	−571 000	0	−72 000	−107 000
Earnings Before Tax	−590 000	−11 000	181 000	−104 000
Tax	0	0	0	0
Net Income	−590 000	−11 000	181 000	−104 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 263 000	19 000	19 000	1 875 000
Total Current Assets	511 000	440 000	432 000	48 000
Total Assets	21 775 000	459 000	451 000	1 923 000
Total Retained Equity	−692 000	−102 000	−91 000	−272 000
Total Equity	−398 000	192 000	203 000	22 000
Total Long-Term Debt	17 200 000	0	0	1 736 000
Total Current Debt	4 973 000	267 000	247 000	165 000
Total Equity and Debt	21 775 000	459 000	451 000	1 923 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	244 000
Other Income	0	0	460 000	0
Revenue	0	0	460 000	244 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	135 000	147 000
Impairment	0	0	0	0
Expenditure	19 000	11 000	207 000	241 000
Operating Profit	−19 000	−11 000	253 000	3 000
Financial Income	0	0	0	0
Financial Costs	571 000	0	72 000	107 000
Financial Balance	−571 000	0	−72 000	−107 000
Dividends	0	0	0	0
Net Income	−590 000	−11 000	181 000	−104 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	17 000
Total Tangible Assets	0	0	0	1 875 000
Total Fiancial Fixed Assets	21 263 000	19 000	19 000	0
Total Fixed Assets	21 263 000	19 000	19 000	1 875 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	10 000	232 000	29 000
Total Current Assets	511 000	440 000	432 000	48 000
Total Assets	21 775 000	459 000	451 000	1 923 000
Total Equity	−398 000	192 000	203 000	22 000
Short-Term Group Debt	4 966 000	263 000	243 000	152 000
Total Long-Term Debt	17 200 000	0	0	1 736 000
Creditors	4 000	5 000	4 000	3 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 000	0	0	10 000
Total Current Debt	4 973 000	267 000	247 000	165 000
Total Equity and Debt	21 775 000	459 000	451 000	1 923 000

Financial indicators	2022	2021	2020	2019
Return on Equity	148,24 %	−5,73 %	89,16 %	−472,73 %
Debt-to-Equity Ratio	−43,22	0	0	78,91
Operating Profit Margin	-	-	55 %	1,23 %
Current Ratio	0,1	1,65	1,75	0,29
Quick Ratio	0,1	1,65	1,75	0,29
Equity Ratio	−0,02	0,42	0,45	0,01
Gross Profit Margin	-	-	100 %	100 %