VESTRE GATE 4 AS

4817 HIS

Finances

Share Ownership

Return on Equity

40,28 %

Current Ratio

1,3

Debt-to-Equity Ratio

−2,23

Key figures (NOK)	2022	2021	2020
Revenue	630 000	232 000	0
Net Income	−1 394 000	−2 196 000	−862 000
Total Assets	4 521 000	4 233 000	4 450 000
Total Equity	−3 461 000	−2 067 000	129 000

Income (NOK)	2022	2021	2020
Revenue	630 000	232 000	0
Expenditure	2 069 000	2 877 000	1 043 000
Operating Profit	−1 439 000	−2 646 000	−1 042 000
Financial Income	0	0	0
Financial Costs	348 000	169 000	65 000
Financial Balance	−348 000	−169 000	−65 000
Earnings Before Tax	−1 787 000	−2 815 000	−1 107 000
Tax	−393 000	−619 000	−246 000
Net Income	−1 394 000	−2 196 000	−862 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	4 176 000	3 797 000	3 153 000
Total Current Assets	346 000	436 000	1 297 000
Total Assets	4 521 000	4 233 000	4 450 000
Total Retained Equity	−4 451 000	−3 057 000	−862 000
Total Equity	−3 461 000	−2 067 000	129 000
Total Long-Term Debt	7 715 000	6 050 000	4 250 000
Total Current Debt	267 000	250 000	71 000
Total Equity and Debt	4 521 000	4 233 000	4 450 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	630 000	232 000	0
Revenue	630 000	232 000	0
Cost of Goods Sold	281 000	110 000	108 000
Salary Costs	0	0	0
Depreciation	31 000	2 000	16 000
Impairment	0	0	0
Expenditure	2 069 000	2 877 000	1 043 000
Operating Profit	−1 439 000	−2 646 000	−1 042 000
Financial Income	0	0	0
Financial Costs	348 000	169 000	65 000
Financial Balance	−348 000	−169 000	−65 000
Dividends	0	0	0
Net Income	−1 394 000	−2 196 000	−862 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	1 258 000	865 000	246 000
Real Eastate	2 882 000	2 905 000	2 907 000
Machinery and Plant Facilities	0	0	0
Fixtures	36 000	27 000	0
Total Tangible Assets	2 918 000	2 932 000	2 907 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	4 176 000	3 797 000	3 153 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	330 000	350 000	1 240 000
Total Current Assets	346 000	436 000	1 297 000
Total Assets	4 521 000	4 233 000	4 450 000
Total Equity	−3 461 000	−2 067 000	129 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	7 715 000	6 050 000	4 250 000
Creditors	179 000	228 000	50 000
Unpaid Taxes	36 000	0	0
Dividends	0	0	0
Other Current Debt	52 000	22 000	21 000
Total Current Debt	267 000	250 000	71 000
Total Equity and Debt	4 521 000	4 233 000	4 450 000

Financial indicators	2022	2021	2020
Return on Equity	40,28 %	106,24 %	−668,22 %
Debt-to-Equity Ratio	−2,23	−2,93	32,95
Operating Profit Margin	−228,41 %	−1 140,52 %	-
Current Ratio	1,3	1,74	18,27
Quick Ratio	1,3	1,74	18,27
Equity Ratio	−0,77	−0,49	0,03
Gross Profit Margin	55,4 %	52,59 %	-