VESTERVEI 7 AS

4820 FROLAND

Finances

Share Ownership

Return on Equity

20,68 %

Current Ratio

2,31

Debt-to-Equity Ratio

3,77

Key figures (NOK)	2022	2021	2020
Revenue	324 000	297 000	105 000
Net Income	109 000	96 000	32 000
Total Assets	2 558 000	2 628 000	2 613 000
Total Equity	527 000	418 000	322 000

Income (NOK)	2022	2021	2020
Revenue	324 000	297 000	105 000
Expenditure	80 000	92 000	32 000
Operating Profit	244 000	205 000	73 000
Financial Income	0	0	0
Financial Costs	104 000	82 000	35 000
Financial Balance	−104 000	−82 000	−35 000
Earnings Before Tax	140 000	123 000	38 000
Tax	31 000	27 000	6 000
Net Income	109 000	96 000	32 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	2 454 000	2 501 000	2 548 000
Total Current Assets	104 000	127 000	65 000
Total Assets	2 558 000	2 628 000	2 613 000
Total Retained Equity	237 000	128 000	32 000
Total Equity	527 000	418 000	322 000
Total Long-Term Debt	1 986 000	2 086 000	2 179 000
Total Current Debt	45 000	125 000	113 000
Total Equity and Debt	2 558 000	2 628 000	2 613 000

Cash flow (NOK)	2022	2021	2020
Sales Income	324 000	297 000	105 000
Other Income	0	0	0
Revenue	324 000	297 000	105 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	47 000	47 000	16 000
Impairment	0	0	0
Expenditure	80 000	92 000	32 000
Operating Profit	244 000	205 000	73 000
Financial Income	0	0	0
Financial Costs	104 000	82 000	35 000
Financial Balance	−104 000	−82 000	−35 000
Dividends	0	0	0
Net Income	109 000	96 000	32 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	2 454 000	2 501 000	2 548 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	2 454 000	2 501 000	2 548 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	2 454 000	2 501 000	2 548 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	71 000	127 000	24 000
Total Current Assets	104 000	127 000	65 000
Total Assets	2 558 000	2 628 000	2 613 000
Total Equity	527 000	418 000	322 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 986 000	2 086 000	2 179 000
Creditors	2 000	4 000	0
Unpaid Taxes	20 000	12 000	13 000
Dividends	0	0	0
Other Current Debt	0	100 000	100 000
Total Current Debt	45 000	125 000	113 000
Total Equity and Debt	2 558 000	2 628 000	2 613 000

Financial indicators	2022	2021	2020
Return on Equity	20,68 %	22,97 %	9,94 %
Debt-to-Equity Ratio	3,77	4,99	6,77
Operating Profit Margin	75,31 %	69,02 %	69,52 %
Current Ratio	2,31	1,02	0,58
Quick Ratio	2,31	1,02	0,58
Equity Ratio	0,21	0,16	0,12
Gross Profit Margin	100 %	100 %	100 %