VESTAD HANDELSPARK AS

2406 ELVERUM

Finances

Share Ownership

Return on Equity

−169,31 %

Current Ratio

0,56

Debt-to-Equity Ratio

53,15

Key figures (NOK)	2022	2021	2020
Revenue	945 000	2 158 000	9 000
Net Income	−320 000	965 000	−272 000
Total Assets	12 145 000	11 731 000	10 766 000
Total Equity	189 000	508 000	321 000

Income (NOK)	2022	2021	2020
Revenue	945 000	2 158 000	9 000
Expenditure	791 000	910 000	360 000
Operating Profit	154 000	1 249 000	−350 000
Financial Income	1 000	0	0
Financial Costs	565 000	12 000	0
Financial Balance	−564 000	−12 000	0
Earnings Before Tax	−410 000	1 237 000	−350 000
Tax	−90 000	272 000	−78 000
Net Income	−320 000	965 000	−272 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	11 083 000	10 012 000	10 029 000
Total Current Assets	1 063 000	1 719 000	737 000
Total Assets	12 145 000	11 731 000	10 766 000
Total Retained Equity	−132 000	187 000	0
Total Equity	189 000	508 000	321 000
Total Long-Term Debt	10 045 000	10 135 000	10 445 000
Total Current Debt	1 911 000	1 087 000	0
Total Equity and Debt	12 145 000	11 731 000	10 766 000

Cash flow (NOK)	2022	2021	2020
Sales Income	350 000	0	0
Other Income	595 000	2 158 000	9 000
Revenue	945 000	2 158 000	9 000
Cost of Goods Sold	2 000	40 000	44 000
Salary Costs	0	0	0
Depreciation	372 000	333 000	222 000
Impairment	0	0	0
Expenditure	791 000	910 000	360 000
Operating Profit	154 000	1 249 000	−350 000
Financial Income	1 000	0	0
Financial Costs	565 000	12 000	0
Financial Balance	−564 000	−12 000	0
Dividends	0	0	0
Net Income	−320 000	965 000	−272 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	10 130 000	10 012 000	10 029 000
Machinery and Plant Facilities	0	0	0
Fixtures	953 000	0	0
Total Tangible Assets	11 083 000	10 012 000	10 029 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	11 083 000	10 012 000	10 029 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	921 000	1 519 000	8 000
Total Current Assets	1 063 000	1 719 000	737 000
Total Assets	12 145 000	11 731 000	10 766 000
Total Equity	189 000	508 000	321 000
Short-Term Group Debt	775 000	997 000	0
Total Long-Term Debt	10 045 000	10 135 000	10 445 000
Creditors	352 000	13 000	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	784 000	78 000	0
Total Current Debt	1 911 000	1 087 000	0
Total Equity and Debt	12 145 000	11 731 000	10 766 000

Financial indicators	2022	2021	2020
Return on Equity	−169,31 %	189,96 %	−84,74 %
Debt-to-Equity Ratio	53,15	19,95	32,54
Operating Profit Margin	16,3 %	57,88 %	−3 888,89 %
Current Ratio	0,56	1,58	-
Quick Ratio	0,56	1,58	-
Equity Ratio	0,02	0,04	0,03
Gross Profit Margin	99,79 %	98,15 %	−388,89 %