VASSHEIA EIENDOM AS

8907 BRØNNØYSUND

Finances

Share Ownership

Return on Equity

356,14 %

Current Ratio

0,68

Debt-to-Equity Ratio

−2,95

Key figures (NOK)	2021	2020	2019
Revenue	35 000	415 000	0
Net Income	−203 000	7 000	−11 000
Total Assets	265 000	396 000	291 000
Total Equity	−57 000	146 000	139 000

Income (NOK)	2021	2020	2019
Revenue	35 000	415 000	0
Expenditure	198 000	408 000	10 000
Operating Profit	−163 000	7 000	−11 000
Financial Income	0	0	0
Financial Costs	40 000	0	0
Financial Balance	−40 000	0	0
Earnings Before Tax	−203 000	7 000	−11 000
Tax	0	0	0
Net Income	−203 000	7 000	−11 000

Balance (NOK)	2021	2020	2019
Total Fixed Assets	161 000	157 000	197 000
Total Current Assets	104 000	239 000	94 000
Total Assets	265 000	396 000	291 000
Total Retained Equity	−207 000	−4 000	−11 000
Total Equity	−57 000	146 000	139 000
Total Long-Term Debt	168 000	168 000	200 000
Total Current Debt	154 000	82 000	−48 000
Total Equity and Debt	265 000	396 000	291 000

Cash flow (NOK)	2021	2020	2019
Sales Income	35 000	415 000	0
Other Income	0	0	0
Revenue	35 000	415 000	0
Cost of Goods Sold	49 000	281 000	0
Salary Costs	0	0	0
Depreciation	40 000	40 000	3 000
Impairment	0	0	0
Expenditure	198 000	408 000	10 000
Operating Profit	−163 000	7 000	−11 000
Financial Income	0	0	0
Financial Costs	40 000	0	0
Financial Balance	−40 000	0	0
Dividends	0	0	0
Net Income	−203 000	7 000	−11 000

Balance details (NOK)	2021	2020	2019
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	161 000	157 000	197 000
Fixtures	0	0	0
Total Tangible Assets	161 000	157 000	197 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	161 000	157 000	197 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	67 000	79 000	94 000
Total Current Assets	104 000	239 000	94 000
Total Assets	265 000	396 000	291 000
Total Equity	−57 000	146 000	139 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	168 000	168 000	200 000
Creditors	188 000	86 000	2 000
Unpaid Taxes	−64 000	−36 000	−50 000
Dividends	0	0	0
Other Current Debt	30 000	33 000	0
Total Current Debt	154 000	82 000	−48 000
Total Equity and Debt	265 000	396 000	291 000

Financial indicators	2021	2020	2019
Return on Equity	356,14 %	4,79 %	−7,91 %
Debt-to-Equity Ratio	−2,95	1,15	1,44
Operating Profit Margin	−465,71 %	1,69 %	-
Current Ratio	0,68	2,91	−1,96
Quick Ratio	0,68	2,91	−1,96
Equity Ratio	−0,22	0,37	0,48
Gross Profit Margin	−40 %	32,29 %	-