VESTHEIMVEGEN EIENDOM AS

4250 KOPERVIK

Finances

Share Ownership

Return on Equity

34,6 %

Current Ratio

5,67

Debt-to-Equity Ratio

8,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 219 000	881 000	502 000	360 000
Net Income	336 000	151 000	−110 000	−200 000
Total Assets	9 081 000	8 928 000	8 912 000	8 181 000
Total Equity	971 000	635 000	484 000	594 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 219 000	881 000	502 000	360 000
Expenditure	363 000	362 000	369 000	307 000
Operating Profit	857 000	519 000	133 000	53 000
Financial Income	0	0	1 000	1 000
Financial Costs	367 000	266 000	216 000	239 000
Financial Balance	−367 000	−266 000	−215 000	−238 000
Earnings Before Tax	490 000	253 000	−82 000	−185 000
Tax	154 000	102 000	28 000	15 000
Net Income	336 000	151 000	−110 000	−200 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 703 000	7 983 000	7 883 000	7 576 000
Total Current Assets	1 378 000	945 000	1 029 000	605 000
Total Assets	9 081 000	8 928 000	8 912 000	8 181 000
Total Retained Equity	941 000	605 000	454 000	564 000
Total Equity	971 000	635 000	484 000	594 000
Total Long-Term Debt	7 867 000	8 112 000	8 384 000	7 552 000
Total Current Debt	243 000	181 000	44 000	35 000
Total Equity and Debt	9 081 000	8 928 000	8 912 000	8 181 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 219 000	881 000	502 000	360 000
Other Income	0	0	0	0
Revenue	1 219 000	881 000	502 000	360 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	280 000	280 000	261 000	261 000
Impairment	0	0	0	0
Expenditure	363 000	362 000	369 000	307 000
Operating Profit	857 000	519 000	133 000	53 000
Financial Income	0	0	1 000	1 000
Financial Costs	367 000	266 000	216 000	239 000
Financial Balance	−367 000	−266 000	−215 000	−238 000
Dividends	0	0	0	0
Net Income	336 000	151 000	−110 000	−200 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 703 000	7 983 000	7 883 000	7 576 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	7 703 000	7 983 000	7 883 000	7 576 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 703 000	7 983 000	7 883 000	7 576 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 370 000	939 000	815 000	600 000
Total Current Assets	1 378 000	945 000	1 029 000	605 000
Total Assets	9 081 000	8 928 000	8 912 000	8 181 000
Total Equity	971 000	635 000	484 000	594 000
Short-Term Group Debt	0	40 000	0	0
Total Long-Term Debt	7 867 000	8 112 000	8 384 000	7 552 000
Creditors	0	0	0	2 000
Unpaid Taxes	48 000	40 000	22 000	0
Dividends	0	0	0	0
Other Current Debt	42 000	1 000	1 000	27 000
Total Current Debt	243 000	181 000	44 000	35 000
Total Equity and Debt	9 081 000	8 928 000	8 912 000	8 181 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,6 %	23,78 %	−22,73 %	−33,67 %
Debt-to-Equity Ratio	8,1	12,77	17,32	12,71
Operating Profit Margin	70,3 %	58,91 %	26,49 %	14,72 %
Current Ratio	5,67	5,22	23,39	17,29
Quick Ratio	5,67	5,22	23,39	17,29
Equity Ratio	0,11	0,07	0,05	0,07
Gross Profit Margin	100 %	100 %	100 %	100 %