VESTRE STRANDGATE 24 AS

4640 SØGNE

Finances

Share Ownership

Return on Equity

−57,08 %

Current Ratio

70,34

Debt-to-Equity Ratio

7,91

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 218 000	826 000	904 000	1 102 000
Net Income	−1 117 000	−260 000	−438 000	2 941 000
Total Assets	17 575 000	13 429 000	9 068 000	9 761 000
Total Equity	1 957 000	3 074 000	3 334 000	3 128 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 218 000	826 000	904 000	1 102 000
Expenditure	2 140 000	909 000	1 263 000	1 202 000
Operating Profit	−922 000	−84 000	−361 000	−101 000
Financial Income	8 000	0	0	3 242 000
Financial Costs	478 000	250 000	224 000	239 000
Financial Balance	−470 000	−250 000	−224 000	3 003 000
Earnings Before Tax	−1 392 000	−333 000	−585 000	2 902 000
Tax	−275 000	−73 000	−146 000	−39 000
Net Income	−1 117 000	−260 000	−438 000	2 941 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 727 000	4 006 000	3 846 000	3 976 000
Total Current Assets	9 848 000	9 423 000	5 222 000	5 785 000
Total Assets	17 575 000	13 429 000	9 068 000	9 761 000
Total Retained Equity	1 282 000	2 399 000	2 659 000	3 098 000
Total Equity	1 957 000	3 074 000	3 334 000	3 128 000
Total Long-Term Debt	15 478 000	10 397 000	5 607 000	5 932 000
Total Current Debt	140 000	−42 000	127 000	701 000
Total Equity and Debt	17 575 000	13 429 000	9 068 000	9 761 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 000	5 000	0	0
Other Income	1 188 000	821 000	904 000	1 102 000
Revenue	1 218 000	826 000	904 000	1 102 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	312 000	229 000
Depreciation	139 000	113 000	106 000	106 000
Impairment	0	0	0	0
Expenditure	2 140 000	909 000	1 263 000	1 202 000
Operating Profit	−922 000	−84 000	−361 000	−101 000
Financial Income	8 000	0	0	3 242 000
Financial Costs	478 000	250 000	224 000	239 000
Financial Balance	−470 000	−250 000	−224 000	3 003 000
Dividends	0	0	0	0
Net Income	−1 117 000	−260 000	−438 000	2 941 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	434 000	128 000	55 000	108 000
Real Eastate	6 772 000	3 855 000	3 792 000	3 868 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	521 000	24 000	0	0
Total Tangible Assets	7 293 000	3 878 000	3 792 000	3 868 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 727 000	4 006 000	3 846 000	3 976 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	810 000	2 294 000	36 000	33 000
Total Current Assets	9 848 000	9 423 000	5 222 000	5 785 000
Total Assets	17 575 000	13 429 000	9 068 000	9 761 000
Total Equity	1 957 000	3 074 000	3 334 000	3 128 000
Short-Term Group Debt	0	0	0	505 000
Total Long-Term Debt	15 478 000	10 397 000	5 607 000	5 932 000
Creditors	135 000	−53 000	83 000	91 000
Unpaid Taxes	0	4 000	14 000	40 000
Dividends	0	0	0	0
Other Current Debt	5 000	7 000	30 000	34 000
Total Current Debt	140 000	−42 000	127 000	701 000
Total Equity and Debt	17 575 000	13 429 000	9 068 000	9 761 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−57,08 %	−8,46 %	−13,14 %	94,02 %
Debt-to-Equity Ratio	7,91	3,38	1,68	1,9
Operating Profit Margin	−75,7 %	−10,17 %	−39,93 %	−9,17 %
Current Ratio	70,34	−224,36	41,12	8,25
Quick Ratio	70,34	−224,36	41,12	8,25
Equity Ratio	0,11	0,23	0,37	0,32
Gross Profit Margin	100 %	100 %	100 %	100 %