VESTBYGDA EIENDOM AS

1622 GRESSVIK

Finances

Share Ownership

Return on Equity

26,32 %

Current Ratio

2,88

Debt-to-Equity Ratio

9,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	151 000	150 000	131 000	49 000
Net Income	25 000	37 000	2 000	1 000
Total Assets	1 065 000	1 090 000	1 046 000	1 048 000
Total Equity	95 000	70 000	33 000	31 000

Income (NOK)	2022	2021	2020	2019
Revenue	151 000	150 000	131 000	49 000
Expenditure	81 000	73 000	97 000	31 000
Operating Profit	70 000	77 000	34 000	19 000
Financial Income	0	0	0	0
Financial Costs	38 000	29 000	32 000	18 000
Financial Balance	−38 000	−29 000	−32 000	−18 000
Earnings Before Tax	32 000	48 000	2 000	1 000
Tax	7 000	11 000	1 000	0
Net Income	25 000	37 000	2 000	1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	967 000	988 000	1 008 000	998 000
Total Current Assets	98 000	102 000	38 000	50 000
Total Assets	1 065 000	1 090 000	1 046 000	1 048 000
Total Retained Equity	65 000	40 000	3 000	1 000
Total Equity	95 000	70 000	33 000	31 000
Total Long-Term Debt	937 000	988 000	1 002 000	1 005 000
Total Current Debt	34 000	33 000	12 000	12 000
Total Equity and Debt	1 065 000	1 090 000	1 046 000	1 048 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	151 000	150 000	131 000	49 000
Revenue	151 000	150 000	131 000	49 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	21 000	20 000	20 000	8 000
Impairment	0	0	0	0
Expenditure	81 000	73 000	97 000	31 000
Operating Profit	70 000	77 000	34 000	19 000
Financial Income	0	0	0	0
Financial Costs	38 000	29 000	32 000	18 000
Financial Balance	−38 000	−29 000	−32 000	−18 000
Dividends	0	0	0	0
Net Income	25 000	37 000	2 000	1 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	967 000	988 000	1 008 000	998 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	967 000	988 000	1 008 000	998 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	967 000	988 000	1 008 000	998 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	74 000	102 000	38 000	49 000
Total Current Assets	98 000	102 000	38 000	50 000
Total Assets	1 065 000	1 090 000	1 046 000	1 048 000
Total Equity	95 000	70 000	33 000	31 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	937 000	988 000	1 002 000	1 005 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	26 000	24 000	12 000	12 000
Total Current Debt	34 000	33 000	12 000	12 000
Total Equity and Debt	1 065 000	1 090 000	1 046 000	1 048 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,32 %	52,86 %	6,06 %	3,23 %
Debt-to-Equity Ratio	9,86	14,11	30,36	32,42
Operating Profit Margin	46,36 %	51,33 %	25,95 %	38,78 %
Current Ratio	2,88	3,09	3,17	4,17
Quick Ratio	2,88	3,09	3,17	4,17
Equity Ratio	0,09	0,06	0,03	0,03
Gross Profit Margin	100 %	100 %	100 %	100 %