VESTSIDEN FORVALTNING AS

2636 ØYER

Finances

Share Ownership

Return on Equity

401,47 %

Current Ratio

0,1

Debt-to-Equity Ratio

−0,75

Key figures (NOK)	2022	2021	2020
Revenue	34 000	107 000	116 000
Net Income	−273 000	−157 000	−58 000
Total Assets	6 523 000	6 076 000	5 050 000
Total Equity	−68 000	−125 000	93 000

Income (NOK)	2022	2021	2020
Revenue	34 000	107 000	116 000
Expenditure	136 000	176 000	76 000
Operating Profit	−102 000	−68 000	39 000
Financial Income	7 000	4 000	0
Financial Costs	254 000	137 000	114 000
Financial Balance	−247 000	−133 000	−114 000
Earnings Before Tax	−349 000	−201 000	−75 000
Tax	−77 000	−44 000	−16 000
Net Income	−273 000	−157 000	−58 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	5 881 000	5 872 000	4 813 000
Total Current Assets	643 000	205 000	237 000
Total Assets	6 523 000	6 076 000	5 050 000
Total Retained Equity	−98 000	−155 000	63 000
Total Equity	−68 000	−125 000	93 000
Total Long-Term Debt	51 000	35 000	18 000
Total Current Debt	6 541 000	6 167 000	4 939 000
Total Equity and Debt	6 523 000	6 076 000	5 050 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	34 000	107 000	116 000
Revenue	34 000	107 000	116 000
Cost of Goods Sold	0	7 000	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	136 000	176 000	76 000
Operating Profit	−102 000	−68 000	39 000
Financial Income	7 000	4 000	0
Financial Costs	254 000	137 000	114 000
Financial Balance	−247 000	−133 000	−114 000
Dividends	0	0	0
Net Income	−273 000	−157 000	−58 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	5 881 000	5 872 000	4 813 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	5 881 000	5 872 000	4 813 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	5 881 000	5 872 000	4 813 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	35 000	26 000	63 000
Total Current Assets	643 000	205 000	237 000
Total Assets	6 523 000	6 076 000	5 050 000
Total Equity	−68 000	−125 000	93 000
Short-Term Group Debt	6 255 000	5 901 000	4 914 000
Total Long-Term Debt	51 000	35 000	18 000
Creditors	286 000	253 000	23 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	0	13 000	2 000
Total Current Debt	6 541 000	6 167 000	4 939 000
Total Equity and Debt	6 523 000	6 076 000	5 050 000

Financial indicators	2022	2021	2020
Return on Equity	401,47 %	125,6 %	−62,37 %
Debt-to-Equity Ratio	−0,75	−0,28	0,19
Operating Profit Margin	−300 %	−63,55 %	33,62 %
Current Ratio	0,1	0,03	0,05
Quick Ratio	0,1	0,03	0,05
Equity Ratio	−0,01	−0,02	0,02
Gross Profit Margin	100 %	93,46 %	100 %