VESTKYST HOLDING AS

5451 VALEN

Finances

Return on Equity

42,04 %

Current Ratio

1,32

Debt-to-Equity Ratio

−8,4

Key figures (NOK)	2022	2021	2020
Revenue	0	0	0
Net Income	−702 000	−629 000	−368 000
Total Assets	12 821 000	13 470 000	14 424 000
Total Equity	−1 670 000	−967 000	−338 000

Income (NOK)	2022	2021	2020
Revenue	0	0	0
Expenditure	18 000	32 000	104 000
Operating Profit	−18 000	−32 000	−104 000
Financial Income	4 000	3 000	0
Financial Costs	689 000	600 000	263 000
Financial Balance	−685 000	−597 000	−263 000
Earnings Before Tax	−702 000	−629 000	−368 000
Tax	0	0	0
Net Income	−702 000	−629 000	−368 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	12 207 000	13 242 000	14 401 000
Total Current Assets	615 000	228 000	23 000
Total Assets	12 821 000	13 470 000	14 424 000
Total Retained Equity	−1 700 000	−997 000	−368 000
Total Equity	−1 670 000	−967 000	−338 000
Total Long-Term Debt	14 025 000	14 025 000	14 350 000
Total Current Debt	466 000	412 000	412 000
Total Equity and Debt	12 821 000	13 470 000	14 424 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	0	0	0
Revenue	0	0	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	18 000	32 000	104 000
Operating Profit	−18 000	−32 000	−104 000
Financial Income	4 000	3 000	0
Financial Costs	689 000	600 000	263 000
Financial Balance	−685 000	−597 000	−263 000
Dividends	0	0	0
Net Income	−702 000	−629 000	−368 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	491 000	491 000	491 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	491 000	491 000	491 000
Total Fiancial Fixed Assets	11 716 000	12 751 000	13 911 000
Total Fixed Assets	12 207 000	13 242 000	14 401 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	615 000	228 000	23 000
Total Current Assets	615 000	228 000	23 000
Total Assets	12 821 000	13 470 000	14 424 000
Total Equity	−1 670 000	−967 000	−338 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	14 025 000	14 025 000	14 350 000
Creditors	0	0	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	466 000	412 000	412 000
Total Current Debt	466 000	412 000	412 000
Total Equity and Debt	12 821 000	13 470 000	14 424 000

Financial indicators	2022	2021	2020
Return on Equity	42,04 %	65,05 %	108,88 %
Debt-to-Equity Ratio	−8,4	−14,5	−42,46
Operating Profit Margin	-	-	-
Current Ratio	1,32	0,55	0,06
Quick Ratio	1,32	0,55	0,06
Equity Ratio	−0,13	−0,07	−0,02
Gross Profit Margin	-	-	-