VEPSVEIEN 8 AS

9514 ALTA

Finances

Share Ownership

Return on Equity

−2,11 %

Current Ratio

1,52

Debt-to-Equity Ratio

6,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 473 000	2 478 000	985 000	0
Net Income	−74 000	2 000	−375 000	−92 000
Total Assets	26 429 000	28 733 000	30 421 000	16 556 000
Total Equity	3 511 000	3 586 000	3 584 000	3 958 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 473 000	2 478 000	985 000	0
Expenditure	1 594 000	1 647 000	422 000	22 000
Operating Profit	879 000	830 000	563 000	−22 000
Financial Income	3 000	30 000	0	1 000
Financial Costs	978 000	857 000	1 044 000	96 000
Financial Balance	−975 000	−827 000	−1 044 000	−95 000
Earnings Before Tax	−95 000	3 000	−481 000	−117 000
Tax	−21 000	1 000	−106 000	−26 000
Net Income	−74 000	2 000	−375 000	−92 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 121 000	26 965 000	28 174 000	16 004 000
Total Current Assets	308 000	1 768 000	2 247 000	552 000
Total Assets	26 429 000	28 733 000	30 421 000	16 556 000
Total Retained Equity	−539 000	−464 000	−466 000	−92 000
Total Equity	3 511 000	3 586 000	3 584 000	3 958 000
Total Long-Term Debt	22 715 000	24 264 000	26 046 000	2 022 000
Total Current Debt	202 000	883 000	792 000	10 576 000
Total Equity and Debt	26 429 000	28 733 000	30 421 000	16 556 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	−502 000	0
Other Income	2 473 000	2 478 000	1 487 000	0
Revenue	2 473 000	2 478 000	985 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 210 000	1 208 000	188 000	0
Impairment	0	0	0	0
Expenditure	1 594 000	1 647 000	422 000	22 000
Operating Profit	879 000	830 000	563 000	−22 000
Financial Income	3 000	30 000	0	1 000
Financial Costs	978 000	857 000	1 044 000	96 000
Financial Balance	−975 000	−827 000	−1 044 000	−95 000
Dividends	0	0	0	0
Net Income	−74 000	2 000	−375 000	−92 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	152 000	131 000	132 000	26 000
Real Eastate	25 970 000	26 834 000	28 042 000	15 978 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	25 970 000	26 834 000	28 042 000	15 978 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	26 121 000	26 965 000	28 174 000	16 004 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	246 000	689 000	176 000	292 000
Total Current Assets	308 000	1 768 000	2 247 000	552 000
Total Assets	26 429 000	28 733 000	30 421 000	16 556 000
Total Equity	3 511 000	3 586 000	3 584 000	3 958 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	22 715 000	24 264 000	26 046 000	2 022 000
Creditors	93 000	34 000	210 000	1 302 000
Unpaid Taxes	8 000	199 000	0	0
Dividends	0	0	0	0
Other Current Debt	102 000	650 000	582 000	0
Total Current Debt	202 000	883 000	792 000	10 576 000
Total Equity and Debt	26 429 000	28 733 000	30 421 000	16 556 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,11 %	0,06 %	−10,46 %	−2,32 %
Debt-to-Equity Ratio	6,47	6,77	7,27	0,51
Operating Profit Margin	35,54 %	33,49 %	57,16 %	-
Current Ratio	1,52	2	2,84	0,05
Quick Ratio	1,52	2	2,84	0,05
Equity Ratio	0,13	0,12	0,12	0,24
Gross Profit Margin	100 %	100 %	100 %	-