VESTRE LINNES VEI 7 AS

1394 NESBRU

Finances

Share Ownership

Return on Equity

−10,5 %

Current Ratio

0,46

Debt-to-Equity Ratio

5,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 197 000	4 054 000	3 986 000	0
Net Income	−1 056 000	475 000	432 000	−4 000
Total Assets	69 140 000	70 052 000	71 483 000	69 751 000
Total Equity	10 055 000	10 568 000	10 093 000	10 046 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 197 000	4 054 000	3 986 000	0
Expenditure	3 580 000	1 421 000	1 322 000	10 000
Operating Profit	618 000	2 633 000	2 664 000	−10 000
Financial Income	311 000	5 000	3 000	814 000
Financial Costs	2 152 000	1 899 000	2 060 000	810 000
Financial Balance	−1 841 000	−1 894 000	−2 057 000	4 000
Earnings Before Tax	−1 224 000	739 000	607 000	−5 000
Tax	−168 000	264 000	176 000	−1 000
Net Income	−1 056 000	475 000	432 000	−4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	68 112 000	69 115 000	70 074 000	52 880 000
Total Current Assets	1 028 000	937 000	1 408 000	16 870 000
Total Assets	69 140 000	70 052 000	71 483 000	69 751 000
Total Retained Equity	−539 000	518 000	43 000	−4 000
Total Equity	10 055 000	10 568 000	10 093 000	10 046 000
Total Long-Term Debt	56 872 000	58 886 000	60 390 000	59 500 000
Total Current Debt	2 213 000	598 000	1 000 000	205 000
Total Equity and Debt	69 140 000	70 052 000	71 483 000	69 751 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 197 000	4 054 000	3 986 000	0
Other Income	0	0	0	0
Revenue	4 197 000	4 054 000	3 986 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 003 000	1 002 000	993 000	0
Impairment	0	0	0	0
Expenditure	3 580 000	1 421 000	1 322 000	10 000
Operating Profit	618 000	2 633 000	2 664 000	−10 000
Financial Income	311 000	5 000	3 000	814 000
Financial Costs	2 152 000	1 899 000	2 060 000	810 000
Financial Balance	−1 841 000	−1 894 000	−2 057 000	4 000
Dividends	0	0	0	0
Net Income	−1 056 000	475 000	432 000	−4 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	2 000
Real Eastate	24 262 000	24 262 000	24 262 000	0
Machinery and Plant Facilities	43 850 000	44 853 000	45 813 000	0
Fixtures	0	0	0	0
Total Tangible Assets	68 112 000	69 115 000	70 074 000	0
Total Fiancial Fixed Assets	0	0	0	52 879 000
Total Fixed Assets	68 112 000	69 115 000	70 074 000	52 880 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	65 000	934 000	1 385 000	138 000
Total Current Assets	1 028 000	937 000	1 408 000	16 870 000
Total Assets	69 140 000	70 052 000	71 483 000	69 751 000
Total Equity	10 055 000	10 568 000	10 093 000	10 046 000
Short-Term Group Debt	1 500 000	0	692 000	9 000
Total Long-Term Debt	56 872 000	58 886 000	60 390 000	59 500 000
Creditors	435 000	160 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	278 000	170 000	188 000	195 000
Total Current Debt	2 213 000	598 000	1 000 000	205 000
Total Equity and Debt	69 140 000	70 052 000	71 483 000	69 751 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,5 %	4,49 %	4,28 %	−0,04 %
Debt-to-Equity Ratio	5,66	5,57	5,98	5,92
Operating Profit Margin	14,72 %	64,95 %	66,83 %	-
Current Ratio	0,46	1,57	1,41	82,29
Quick Ratio	0,46	1,57	1,41	82,29
Equity Ratio	0,15	0,15	0,14	0,14
Gross Profit Margin	100 %	100 %	100 %	-