VESTLAND BASE AS

5960 DALSØYRA

Finances

Share Ownership

Return on Equity

−842,6 %

Current Ratio

5,68

Debt-to-Equity Ratio

88,86

Key figures (NOK)	2022	2021	2020
Revenue	3 304 000	1 600 000	0
Net Income	−4 213 000	−1 423 000	0
Total Assets	46 847 000	45 284 000	30 000
Total Equity	500 000	709 000	24 000

Income (NOK)	2022	2021
Revenue	3 304 000	1 600 000
Expenditure	6 758 000	2 877 000
Operating Profit	−3 454 000	−1 277 000
Financial Income	3 000	0
Financial Costs	1 950 000	547 000
Financial Balance	−1 947 000	−547 000
Earnings Before Tax	−5 402 000	−1 824 000
Tax	−1 188 000	0
Net Income	−4 213 000	−1 423 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	35 966 000	39 329 000	0
Total Current Assets	10 881 000	5 955 000	30 000
Total Assets	46 847 000	45 284 000	30 000
Total Retained Equity	0	−1 423 000	−6 000
Total Equity	500 000	709 000	24 000
Total Long-Term Debt	44 432 000	42 738 000	0
Total Current Debt	1 915 000	1 837 000	6 000
Total Equity and Debt	46 847 000	45 284 000	30 000

Cash flow (NOK)	2022	2021
Sales Income	0	0
Other Income	3 304 000	1 600 000
Revenue	3 304 000	1 600 000
Cost of Goods Sold	0	0
Salary Costs	0	0
Depreciation	3 413 000	1 647 000
Impairment	0	0
Expenditure	6 758 000	2 877 000
Operating Profit	−3 454 000	−1 277 000
Financial Income	3 000	0
Financial Costs	1 950 000	547 000
Financial Balance	−1 947 000	−547 000
Dividends	0	0
Net Income	−4 213 000	−1 423 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	50 000	0	0
Real Eastate	35 416 000	38 496 000	0
Machinery and Plant Facilities	0	0	0
Fixtures	500 000	833 000	0
Total Tangible Assets	35 916 000	39 329 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	35 966 000	39 329 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	2 054 000	429 000	30 000
Total Current Assets	10 881 000	5 955 000	30 000
Total Assets	46 847 000	45 284 000	30 000
Total Equity	500 000	709 000	24 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	44 432 000	42 738 000	0
Creditors	1 464 000	1 072 000	0
Unpaid Taxes	451 000	0	0
Dividends	0	0	0
Other Current Debt	0	765 000	6 000
Total Current Debt	1 915 000	1 837 000	6 000
Total Equity and Debt	46 847 000	45 284 000	30 000

Financial indicators	2022	2021	2020
Return on Equity	−842,6 %	−200,71 %	0 %
Debt-to-Equity Ratio	88,86	60,28	0
Operating Profit Margin	−104,54 %	−79,81 %	-
Current Ratio	5,68	3,24	5
Quick Ratio	5,68	3,24	5
Equity Ratio	0,01	0,02	0,8
Gross Profit Margin	100 %	100 %	-