VESTLAND EIGEDOM AS

6854 KAUPANGER

Finances

Share Ownership

Return on Equity

89,45 %

Current Ratio

2,2

Debt-to-Equity Ratio

1,73

Key figures (NOK)	2022	2021	2020	2019
Revenue	88 919 000	52 097 000	12 641 000	0
Net Income	4 597 000	3 427 000	−67 000	−196 000
Total Assets	25 606 000	36 167 000	37 836 000	16 856 000
Total Equity	5 139 000	2 191 000	1 001 000	1 000 000

Income (NOK)	2022	2021	2020	2019
Revenue	88 919 000	52 097 000	12 641 000	0
Expenditure	81 353 000	46 539 000	11 634 000	87 000
Operating Profit	7 565 000	5 557 000	1 007 000	−87 000
Financial Income	47 000	4 000	2 000	0
Financial Costs	1 718 000	1 168 000	1 095 000	166 000
Financial Balance	−1 671 000	−1 164 000	−1 093 000	−166 000
Earnings Before Tax	5 894 000	4 393 000	−85 000	−253 000
Tax	1 297 000	966 000	−19 000	−57 000
Net Income	4 597 000	3 427 000	−67 000	−196 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	132 000	110 000	0	0
Total Current Assets	25 474 000	36 057 000	37 836 000	16 856 000
Total Assets	25 606 000	36 167 000	37 836 000	16 856 000
Total Retained Equity	4 138 000	1 190 000	0	0
Total Equity	5 139 000	2 191 000	1 001 000	1 000 000
Total Long-Term Debt	8 898 000	20 297 000	1 200 000	2 600 000
Total Current Debt	11 570 000	13 679 000	35 635 000	13 256 000
Total Equity and Debt	25 606 000	36 167 000	37 836 000	16 856 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	88 919 000	52 097 000	12 641 000	0
Other Income	0	0	0	0
Revenue	88 919 000	52 097 000	12 641 000	0
Cost of Goods Sold	80 395 000	46 354 000	11 581 000	59 000
Salary Costs	850 000	22 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	81 353 000	46 539 000	11 634 000	87 000
Operating Profit	7 565 000	5 557 000	1 007 000	−87 000
Financial Income	47 000	4 000	2 000	0
Financial Costs	1 718 000	1 168 000	1 095 000	166 000
Financial Balance	−1 671 000	−1 164 000	−1 093 000	−166 000
Dividends	0	0	0	0
Net Income	4 597 000	3 427 000	−67 000	−196 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	132 000	110 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	132 000	110 000	0	0
Stock	24 601 000	34 687 000	34 627 000	16 597 000
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	25 474 000	36 057 000	37 836 000	16 856 000
Total Assets	25 606 000	36 167 000	37 836 000	16 856 000
Total Equity	5 139 000	2 191 000	1 001 000	1 000 000
Short-Term Group Debt	2 114 000	2 868 000	33 131 000	10 878 000
Total Long-Term Debt	8 898 000	20 297 000	1 200 000	2 600 000
Creditors	7 586 000	7 859 000	1 995 000	1 959 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 016 000	2 506 000	509 000	419 000
Total Current Debt	11 570 000	13 679 000	35 635 000	13 256 000
Total Equity and Debt	25 606 000	36 167 000	37 836 000	16 856 000

Financial indicators	2022	2021	2020	2019
Return on Equity	89,45 %	156,41 %	−6,69 %	−19,6 %
Debt-to-Equity Ratio	1,73	9,26	1,2	2,6
Operating Profit Margin	8,51 %	10,67 %	7,97 %	-
Current Ratio	2,2	2,64	1,06	1,27
Quick Ratio	−1,95	−1,72	37,54	−5,05
Equity Ratio	0,2	0,06	0,03	0,06
Gross Profit Margin	9,59 %	11,02 %	8,39 %	-