VESTNES NÆRINGSPARK AS

6390 VESTNES

Finances

Share Ownership

Return on Equity

−5,3 %

Current Ratio

1,21

Debt-to-Equity Ratio

11,9

Key figures (NOK)	2022	2021	2020	2019
Revenue	711 000	609 000	469 000	218 000
Net Income	−27 000	283 000	117 000	−123 000
Total Assets	6 990 000	4 938 000	5 571 000	5 349 000
Total Equity	509 000	536 000	909 000	793 000

Income (NOK)	2022	2021	2020	2019
Revenue	711 000	609 000	469 000	218 000
Expenditure	409 000	216 000	101 000	164 000
Operating Profit	302 000	393 000	368 000	54 000
Financial Income	0	1 000	2 000	0
Financial Costs	290 000	160 000	220 000	211 000
Financial Balance	−290 000	−159 000	−218 000	−211 000
Earnings Before Tax	12 000	235 000	150 000	−157 000
Tax	39 000	−48 000	33 000	−35 000
Net Income	−27 000	283 000	117 000	−123 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 476 000	4 762 000	5 423 000	5 255 000
Total Current Assets	514 000	176 000	148 000	94 000
Total Assets	6 990 000	4 938 000	5 571 000	5 349 000
Total Retained Equity	−475 000	−448 000	−75 000	−192 000
Total Equity	509 000	536 000	909 000	793 000
Total Long-Term Debt	6 057 000	4 211 000	4 300 000	4 366 000
Total Current Debt	424 000	191 000	362 000	190 000
Total Equity and Debt	6 990 000	4 938 000	5 571 000	5 349 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	711 000	569 000	469 000	218 000
Other Income	0	40 000	0	0
Revenue	711 000	609 000	469 000	218 000
Cost of Goods Sold	0	0	0	12 000
Salary Costs	0	0	0	0
Depreciation	254 000	52 000	0	0
Impairment	0	0	0	0
Expenditure	409 000	216 000	101 000	164 000
Operating Profit	302 000	393 000	368 000	54 000
Financial Income	0	1 000	2 000	0
Financial Costs	290 000	160 000	220 000	211 000
Financial Balance	−290 000	−159 000	−218 000	−211 000
Dividends	0	0	0	0
Net Income	−27 000	283 000	117 000	−123 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	32 000	71 000	23 000	56 000
Real Eastate	6 444 000	4 691 000	1 469 000	1 284 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	6 444 000	4 691 000	1 469 000	1 284 000
Total Fiancial Fixed Assets	0	0	3 932 000	3 916 000
Total Fixed Assets	6 476 000	4 762 000	5 423 000	5 255 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	186 000	52 000	99 000	20 000
Total Current Assets	514 000	176 000	148 000	94 000
Total Assets	6 990 000	4 938 000	5 571 000	5 349 000
Total Equity	509 000	536 000	909 000	793 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 057 000	4 211 000	4 300 000	4 366 000
Creditors	395 000	140 000	343 000	182 000
Unpaid Taxes	0	30 000	0	0
Dividends	0	0	0	0
Other Current Debt	28 000	21 000	18 000	8 000
Total Current Debt	424 000	191 000	362 000	190 000
Total Equity and Debt	6 990 000	4 938 000	5 571 000	5 349 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,3 %	52,8 %	12,87 %	−15,51 %
Debt-to-Equity Ratio	11,9	7,86	4,73	5,51
Operating Profit Margin	42,48 %	64,53 %	78,46 %	24,77 %
Current Ratio	1,21	0,92	0,41	0,49
Quick Ratio	1,21	0,92	0,41	0,49
Equity Ratio	0,07	0,11	0,16	0,15
Gross Profit Margin	100 %	100 %	100 %	94,5 %