VESTERLAND FERIEPARK AS

6854 KAUPANGER

Finances

Return on Equity

−22,94 %

Current Ratio

0,77

Debt-to-Equity Ratio

4,62

Key figures (NOK)	2022	2021	2020
Revenue	18 509 000	12 997 000	8 903 000
Net Income	−733 000	−795 000	−1 661 000
Total Assets	20 390 000	21 772 000	18 657 000
Total Equity	3 195 000	3 928 000	4 723 000

Income (NOK)	2022	2021	2020
Revenue	18 509 000	12 997 000	8 903 000
Expenditure	18 752 000	13 489 000	10 581 000
Operating Profit	−242 000	−492 000	−1 677 000
Financial Income	0	0	0
Financial Costs	689 000	525 000	450 000
Financial Balance	−689 000	−525 000	−450 000
Earnings Before Tax	−931 000	−1 017 000	−2 127 000
Tax	−199 000	−222 000	−466 000
Net Income	−733 000	−795 000	−1 661 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	18 495 000	18 242 000	17 886 000
Total Current Assets	1 895 000	3 531 000	771 000
Total Assets	20 390 000	21 772 000	18 657 000
Total Retained Equity	0	0	0
Total Equity	3 195 000	3 928 000	4 723 000
Total Long-Term Debt	14 745 000	15 897 000	12 418 000
Total Current Debt	2 450 000	1 948 000	1 517 000
Total Equity and Debt	20 390 000	21 772 000	18 657 000

Cash flow (NOK)	2022	2021	2020
Sales Income	17 764 000	11 170 000	8 009 000
Other Income	746 000	1 827 000	893 000
Revenue	18 509 000	12 997 000	8 903 000
Cost of Goods Sold	1 785 000	1 187 000	511 000
Salary Costs	5 746 000	4 182 000	3 339 000
Depreciation	1 479 000	1 412 000	1 263 000
Impairment	0	0	0
Expenditure	18 752 000	13 489 000	10 581 000
Operating Profit	−242 000	−492 000	−1 677 000
Financial Income	0	0	0
Financial Costs	689 000	525 000	450 000
Financial Balance	−689 000	−525 000	−450 000
Dividends	0	0	0
Net Income	−733 000	−795 000	−1 661 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	15 465 000	15 847 000	16 428 000
Machinery and Plant Facilities	0	0	0
Fixtures	2 120 000	2 364 000	1 428 000
Total Tangible Assets	17 585 000	18 212 000	17 856 000
Total Fiancial Fixed Assets	910 000	30 000	30 000
Total Fixed Assets	18 495 000	18 242 000	17 886 000
Stock	32 000	51 000	54 000
Total Investments	0	0	0
Cash, Bank	255 000	1 210 000	102 000
Total Current Assets	1 895 000	3 531 000	771 000
Total Assets	20 390 000	21 772 000	18 657 000
Total Equity	3 195 000	3 928 000	4 723 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	14 745 000	15 897 000	12 418 000
Creditors	723 000	905 000	414 000
Unpaid Taxes	282 000	147 000	138 000
Dividends	0	0	0
Other Current Debt	1 081 000	897 000	965 000
Total Current Debt	2 450 000	1 948 000	1 517 000
Total Equity and Debt	20 390 000	21 772 000	18 657 000

Financial indicators	2022	2021	2020
Return on Equity	−22,94 %	−20,24 %	−35,17 %
Debt-to-Equity Ratio	4,62	4,05	2,63
Operating Profit Margin	−1,31 %	−3,79 %	−18,84 %
Current Ratio	0,77	1,81	0,51
Quick Ratio	0,78	1,86	0,53
Equity Ratio	0,16	0,18	0,25
Gross Profit Margin	90,36 %	90,87 %	94,26 %