VASSHØLET AS

2034 HOLTER

Finances

Share Ownership

Return on Equity

1,2 %

Current Ratio

1,06

Debt-to-Equity Ratio

6,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	360 000	360 000	360 000	396 000
Net Income	8 000	50 000	50 000	92 000
Total Assets	4 945 000	5 106 000	5 201 000	5 411 000
Total Equity	665 000	656 000	606 000	556 000

Income (NOK)	2022	2021	2020	2019
Revenue	360 000	360 000	360 000	396 000
Expenditure	179 000	152 000	130 000	121 000
Operating Profit	181 000	208 000	230 000	275 000
Financial Income	3 000	0	1 000	0
Financial Costs	176 000	145 000	167 000	167 000
Financial Balance	−173 000	−145 000	−166 000	−167 000
Earnings Before Tax	8 000	64 000	64 000	108 000
Tax	0	14 000	14 000	16 000
Net Income	8 000	50 000	50 000	92 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 926 000	4 928 000	5 028 000	5 064 000
Total Current Assets	19 000	178 000	172 000	348 000
Total Assets	4 945 000	5 106 000	5 201 000	5 411 000
Total Retained Equity	165 000	156 000	106 000	56 000
Total Equity	665 000	656 000	606 000	556 000
Total Long-Term Debt	4 263 000	4 420 000	4 579 000	4 740 000
Total Current Debt	18 000	30 000	15 000	115 000
Total Equity and Debt	4 945 000	5 106 000	5 201 000	5 411 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	6 000
Other Income	360 000	360 000	360 000	390 000
Revenue	360 000	360 000	360 000	396 000
Cost of Goods Sold	0	0	4 000	0
Salary Costs	0	0	0	0
Depreciation	123 000	101 000	105 000	93 000
Impairment	0	0	0	0
Expenditure	179 000	152 000	130 000	121 000
Operating Profit	181 000	208 000	230 000	275 000
Financial Income	3 000	0	1 000	0
Financial Costs	176 000	145 000	167 000	167 000
Financial Balance	−173 000	−145 000	−166 000	−167 000
Dividends	0	0	0	0
Net Income	8 000	50 000	50 000	92 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 794 000	4 883 000	4 973 000	5 064 000
Machinery and Plant Facilities	132 000	0	0	0
Fixtures	0	45 000	56 000	0
Total Tangible Assets	4 926 000	4 928 000	5 028 000	5 064 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 926 000	4 928 000	5 028 000	5 064 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	129 000	151 000	273 000
Total Current Assets	19 000	178 000	172 000	348 000
Total Assets	4 945 000	5 106 000	5 201 000	5 411 000
Total Equity	665 000	656 000	606 000	556 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 263 000	4 420 000	4 579 000	4 740 000
Creditors	2 000	1 000	1 000	0
Unpaid Taxes	21 000	15 000	0	99 000
Dividends	0	0	0	0
Other Current Debt	−5 000	0	0	0
Total Current Debt	18 000	30 000	15 000	115 000
Total Equity and Debt	4 945 000	5 106 000	5 201 000	5 411 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,2 %	7,62 %	8,25 %	16,55 %
Debt-to-Equity Ratio	6,41	6,74	7,56	8,53
Operating Profit Margin	50,28 %	57,78 %	63,89 %	69,44 %
Current Ratio	1,06	5,93	11,47	3,03
Quick Ratio	1,06	5,93	11,47	3,03
Equity Ratio	0,13	0,13	0,12	0,1
Gross Profit Margin	100 %	100 %	98,89 %	100 %