VESTERLED 15 AS

4876 GRIMSTAD

Finances

Share Ownership

Return on Equity

9,89 %

Current Ratio

1,51

Debt-to-Equity Ratio

3,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	888 000	0	0	74 000
Net Income	619 000	−119 000	−94 000	−81 000
Total Assets	33 914 000	27 158 000	26 599 000	23 763 000
Total Equity	6 258 000	5 639 000	5 758 000	2 251 000

Income (NOK)	2022	2021	2020	2019
Revenue	888 000	0	0	74 000
Expenditure	89 000	151 000	119 000	192 000
Operating Profit	799 000	−151 000	−119 000	−117 000
Financial Income	0	0	0	0
Financial Costs	5 000	2 000	1 000	1 000
Financial Balance	−5 000	−2 000	−1 000	−1 000
Earnings Before Tax	794 000	−153 000	−120 000	−117 000
Tax	175 000	−34 000	−26 000	−36 000
Net Income	619 000	−119 000	−94 000	−81 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 524 000	20 754 000	20 754 000	20 754 000
Total Current Assets	7 390 000	6 404 000	5 844 000	3 008 000
Total Assets	33 914 000	27 158 000	26 599 000	23 763 000
Total Retained Equity	267 000	−352 000	−233 000	−140 000
Total Equity	6 258 000	5 639 000	5 758 000	2 251 000
Total Long-Term Debt	22 771 000	21 327 000	20 383 000	10 929 000
Total Current Debt	4 885 000	193 000	458 000	10 582 000
Total Equity and Debt	33 914 000	27 158 000	26 599 000	23 763 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	888 000	0	0	74 000
Revenue	888 000	0	0	74 000
Cost of Goods Sold	0	0	0	13 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	23 000
Impairment	0	0	0	0
Expenditure	89 000	151 000	119 000	192 000
Operating Profit	799 000	−151 000	−119 000	−117 000
Financial Income	0	0	0	0
Financial Costs	5 000	2 000	1 000	1 000
Financial Balance	−5 000	−2 000	−1 000	−1 000
Dividends	0	0	0	0
Net Income	619 000	−119 000	−94 000	−81 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	26 524 000	20 754 000	20 754 000	20 754 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	26 524 000	20 754 000	20 754 000	20 754 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	26 524 000	20 754 000	20 754 000	20 754 000
Stock	7 072 000	6 245 000	5 361 000	1 990 000
Total Investments	0	0	0	0
Cash, Bank	310 000	152 000	477 000	1 019 000
Total Current Assets	7 390 000	6 404 000	5 844 000	3 008 000
Total Assets	33 914 000	27 158 000	26 599 000	23 763 000
Total Equity	6 258 000	5 639 000	5 758 000	2 251 000
Short-Term Group Debt	105 000	0	0	0
Total Long-Term Debt	22 771 000	21 327 000	20 383 000	10 929 000
Creditors	12 000	0	334 000	325 000
Unpaid Taxes	0	0	35 000	107 000
Dividends	0	0	0	0
Other Current Debt	4 768 000	192 000	89 000	10 069 000
Total Current Debt	4 885 000	193 000	458 000	10 582 000
Total Equity and Debt	33 914 000	27 158 000	26 599 000	23 763 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,89 %	−2,11 %	−1,63 %	−3,6 %
Debt-to-Equity Ratio	3,64	3,78	3,54	4,86
Operating Profit Margin	89,98 %	-	-	−158,11 %
Current Ratio	1,51	33,18	12,76	0,28
Quick Ratio	−3,38	−1,06	−1,19	0,35
Equity Ratio	0,18	0,21	0,22	0,09
Gross Profit Margin	100 %	-	-	82,43 %