VESTERLED 53 AS

4885 GRIMSTAD

Finances

Share Ownership

Return on Equity

3,62 %

Current Ratio

4,92

Debt-to-Equity Ratio

4,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 148 000	3 818 000	2 333 000	0
Net Income	283 000	475 000	−186 000	−342 000
Total Assets	45 200 000	46 974 000	45 320 000	37 387 000
Total Equity	7 812 000	7 529 000	7 054 000	5 740 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 148 000	3 818 000	2 333 000	0
Expenditure	2 804 000	2 223 000	1 499 000	171 000
Operating Profit	1 343 000	1 595 000	834 000	−171 000
Financial Income	41 000	30 000	6 000	1 000
Financial Costs	1 021 000	1 016 000	1 152 000	196 000
Financial Balance	−980 000	−986 000	−1 146 000	−195 000
Earnings Before Tax	363 000	608 000	−312 000	−366 000
Tax	80 000	134 000	−126 000	−23 000
Net Income	283 000	475 000	−186 000	−342 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	43 260 000	43 968 000	37 335 000	25 195 000
Total Current Assets	1 940 000	3 007 000	7 985 000	12 192 000
Total Assets	45 200 000	46 974 000	45 320 000	37 387 000
Total Retained Equity	312 000	29 000	−446 000	−260 000
Total Equity	7 812 000	7 529 000	7 054 000	5 740 000
Total Long-Term Debt	36 993 000	38 946 000	27 850 000	0
Total Current Debt	394 000	500 000	10 416 000	31 646 000
Total Equity and Debt	45 200 000	46 974 000	45 320 000	37 387 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 148 000	3 818 000	2 333 000	0
Other Income	0	0	0	0
Revenue	4 148 000	3 818 000	2 333 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	2 039 000	1 785 000	1 171 000	0
Impairment	0	0	0	0
Expenditure	2 804 000	2 223 000	1 499 000	171 000
Operating Profit	1 343 000	1 595 000	834 000	−171 000
Financial Income	41 000	30 000	6 000	1 000
Financial Costs	1 021 000	1 016 000	1 152 000	196 000
Financial Balance	−980 000	−986 000	−1 146 000	−195 000
Dividends	0	0	0	0
Net Income	283 000	475 000	−186 000	−342 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	126 000	0
Real Eastate	43 260 000	43 968 000	37 209 000	25 195 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	43 260 000	43 968 000	37 209 000	25 195 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	43 260 000	43 968 000	37 335 000	25 195 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 940 000	2 814 000	6 580 000	9 783 000
Total Current Assets	1 940 000	3 007 000	7 985 000	12 192 000
Total Assets	45 200 000	46 974 000	45 320 000	37 387 000
Total Equity	7 812 000	7 529 000	7 054 000	5 740 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	36 993 000	38 946 000	27 850 000	0
Creditors	63 000	284 000	822 000	3 733 000
Unpaid Taxes	153 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	178 000	216 000	192 000	0
Total Current Debt	394 000	500 000	10 416 000	31 646 000
Total Equity and Debt	45 200 000	46 974 000	45 320 000	37 387 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,62 %	6,31 %	−2,64 %	−5,96 %
Debt-to-Equity Ratio	4,74	5,17	3,95	0
Operating Profit Margin	32,38 %	41,78 %	35,75 %	-
Current Ratio	4,92	6,01	0,77	0,39
Quick Ratio	4,92	6,01	0,77	0,39
Equity Ratio	0,17	0,16	0,16	0,15
Gross Profit Margin	100 %	100 %	100 %	-