VESTNOR INVEST AS

4370 EGERSUND

Finances

Return on Equity

5,59 %

Current Ratio

0,13

Debt-to-Equity Ratio

0,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 228 000	1 027 000	1 005 000	253 000
Net Income	217 000	293 000	197 000	−185 000
Total Assets	9 420 000	9 393 000	9 517 000	9 796 000
Total Equity	3 885 000	3 667 000	3 375 000	3 473 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 228 000	1 027 000	1 005 000	253 000
Expenditure	747 000	562 000	635 000	367 000
Operating Profit	481 000	465 000	370 000	−114 000
Financial Income	0	1 000	0	0
Financial Costs	187 000	91 000	118 000	125 000
Financial Balance	−187 000	−90 000	−118 000	−125 000
Earnings Before Tax	294 000	375 000	252 000	−238 000
Tax	76 000	83 000	56 000	−54 000
Net Income	217 000	293 000	197 000	−185 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 166 000	8 239 000	8 513 000	8 694 000
Total Current Assets	254 000	1 154 000	1 004 000	1 102 000
Total Assets	9 420 000	9 393 000	9 517 000	9 796 000
Total Retained Equity	510 000	292 000	0	0
Total Equity	3 885 000	3 667 000	3 375 000	3 473 000
Total Long-Term Debt	3 570 000	3 780 000	3 990 000	4 200 000
Total Current Debt	1 965 000	1 945 000	2 152 000	2 123 000
Total Equity and Debt	9 420 000	9 393 000	9 517 000	9 796 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 228 000	1 027 000	1 005 000	253 000
Revenue	1 228 000	1 027 000	1 005 000	253 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	387 000	384 000	382 000	266 000
Impairment	0	0	0	0
Expenditure	747 000	562 000	635 000	367 000
Operating Profit	481 000	465 000	370 000	−114 000
Financial Income	0	1 000	0	0
Financial Costs	187 000	91 000	118 000	125 000
Financial Balance	−187 000	−90 000	−118 000	−125 000
Dividends	0	0	0	0
Net Income	217 000	293 000	197 000	−185 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	207 000	172 000	144 000	116 000
Real Eastate	7 693 000	8 053 000	8 349 000	8 553 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	10 000	15 000	19 000	24 000
Total Tangible Assets	7 702 000	8 068 000	8 369 000	8 578 000
Total Fiancial Fixed Assets	1 257 000	0	0	0
Total Fixed Assets	9 166 000	8 239 000	8 513 000	8 694 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	137 000	1 021 000	979 000	796 000
Total Current Assets	254 000	1 154 000	1 004 000	1 102 000
Total Assets	9 420 000	9 393 000	9 517 000	9 796 000
Total Equity	3 885 000	3 667 000	3 375 000	3 473 000
Short-Term Group Debt	1 814 000	1 814 000	2 101 000	1 814 000
Total Long-Term Debt	3 570 000	3 780 000	3 990 000	4 200 000
Creditors	3 000	2 000	36 000	296 000
Unpaid Taxes	4 000	0	8 000	0
Dividends	0	0	0	0
Other Current Debt	32 000	18 000	7 000	12 000
Total Current Debt	1 965 000	1 945 000	2 152 000	2 123 000
Total Equity and Debt	9 420 000	9 393 000	9 517 000	9 796 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,59 %	7,99 %	5,84 %	−5,33 %
Debt-to-Equity Ratio	0,92	1,03	1,18	1,21
Operating Profit Margin	39,17 %	45,28 %	36,82 %	−45,06 %
Current Ratio	0,13	0,59	0,47	0,52
Quick Ratio	0,13	0,59	0,47	0,52
Equity Ratio	0,41	0,39	0,35	0,35
Gross Profit Margin	100 %	100 %	100 %	100 %