VESTFOLD GOLFHALL AS

3173 VEAR

Finances

Share Ownership

Return on Equity

29,74 %

Current Ratio

0,58

Debt-to-Equity Ratio

0,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 942 000	3 408 000	4 983 000	6 492 000
Net Income	185 000	411 000	104 000	93 000
Total Assets	2 727 000	2 375 000	2 079 000	1 252 000
Total Equity	622 000	437 000	65 000	117 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 942 000	3 408 000	4 983 000	6 492 000
Expenditure	6 656 000	2 849 000	4 819 000	6 374 000
Operating Profit	286 000	559 000	164 000	118 000
Financial Income	0	1 000	3 000	1 000
Financial Costs	50 000	32 000	33 000	−1 000
Financial Balance	−50 000	−31 000	−30 000	2 000
Earnings Before Tax	237 000	528 000	134 000	120 000
Tax	52 000	116 000	29 000	26 000
Net Income	185 000	411 000	104 000	93 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 773 000	1 632 000	786 000	960 000
Total Current Assets	954 000	743 000	1 294 000	292 000
Total Assets	2 727 000	2 375 000	2 079 000	1 252 000
Total Retained Equity	592 000	407 000	35 000	87 000
Total Equity	622 000	437 000	65 000	117 000
Total Long-Term Debt	467 000	653 000	840 000	0
Total Current Debt	1 638 000	1 284 000	1 174 000	1 135 000
Total Equity and Debt	2 727 000	2 375 000	2 079 000	1 252 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 942 000	2 912 000	4 845 000	6 336 000
Other Income	0	496 000	138 000	156 000
Revenue	6 942 000	3 408 000	4 983 000	6 492 000
Cost of Goods Sold	3 898 000	857 000	1 988 000	3 707 000
Salary Costs	1 276 000	607 000	888 000	1 046 000
Depreciation	499 000	370 000	240 000	240 000
Impairment	0	0	0	0
Expenditure	6 656 000	2 849 000	4 819 000	6 374 000
Operating Profit	286 000	559 000	164 000	118 000
Financial Income	0	1 000	3 000	1 000
Financial Costs	50 000	32 000	33 000	−1 000
Financial Balance	−50 000	−31 000	−30 000	2 000
Dividends	0	0	0	0
Net Income	185 000	411 000	104 000	93 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	35 000	2 000	66 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 239 000	1 630 000	720 000	960 000
Total Tangible Assets	1 239 000	1 630 000	720 000	960 000
Total Fiancial Fixed Assets	500 000	0	0	0
Total Fixed Assets	1 773 000	1 632 000	786 000	960 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	893 000	487 000	1 254 000	243 000
Total Current Assets	954 000	743 000	1 294 000	292 000
Total Assets	2 727 000	2 375 000	2 079 000	1 252 000
Total Equity	622 000	437 000	65 000	117 000
Short-Term Group Debt	268 000	569 000	600 000	103 000
Total Long-Term Debt	467 000	653 000	840 000	0
Creditors	181 000	193 000	41 000	11 000
Unpaid Taxes	81 000	91 000	119 000	40 000
Dividends	0	0	0	0
Other Current Debt	1 023 000	390 000	363 000	970 000
Total Current Debt	1 638 000	1 284 000	1 174 000	1 135 000
Total Equity and Debt	2 727 000	2 375 000	2 079 000	1 252 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,74 %	94,05 %	160 %	79,49 %
Debt-to-Equity Ratio	0,75	1,49	12,92	0
Operating Profit Margin	4,12 %	16,4 %	3,29 %	1,82 %
Current Ratio	0,58	0,58	1,1	0,26
Quick Ratio	0,58	0,58	1,1	0,26
Equity Ratio	0,23	0,18	0,03	0,09
Gross Profit Margin	43,85 %	74,85 %	60,1 %	42,9 %