VESTFJORDGATA 57 AS

8300 SVOLVÆR

Finances

Return on Equity

−0,13 %

Current Ratio

68,7

Debt-to-Equity Ratio

2,42

Key figures (NOK)	2022	2021	2020
Revenue	415 000	448 000	96 000
Net Income	−4 000	87 000	−10 000
Total Assets	10 600 000	7 319 000	6 292 000
Total Equity	3 085 000	3 089 000	2 002 000

Income (NOK)	2022	2021	2020
Revenue	415 000	448 000	96 000
Expenditure	220 000	194 000	75 000
Operating Profit	195 000	253 000	22 000
Financial Income	0	0	0
Financial Costs	200 000	142 000	34 000
Financial Balance	−200 000	−142 000	−34 000
Earnings Before Tax	−5 000	111 000	−12 000
Tax	−1 000	24 000	−3 000
Net Income	−4 000	87 000	−10 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	7 164 000	7 163 000	6 154 000
Total Current Assets	3 435 000	156 000	138 000
Total Assets	10 600 000	7 319 000	6 292 000
Total Retained Equity	73 000	77 000	−10 000
Total Equity	3 085 000	3 089 000	2 002 000
Total Long-Term Debt	7 464 000	4 163 000	4 281 000
Total Current Debt	50 000	68 000	9 000
Total Equity and Debt	10 600 000	7 319 000	6 292 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	415 000	448 000	96 000
Revenue	415 000	448 000	96 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	220 000	194 000	75 000
Operating Profit	195 000	253 000	22 000
Financial Income	0	0	0
Financial Costs	200 000	142 000	34 000
Financial Balance	−200 000	−142 000	−34 000
Dividends	0	0	0
Net Income	−4 000	87 000	−10 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	1 000	0	3 000
Real Eastate	6 151 000	6 151 000	6 151 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	6 151 000	6 151 000	6 151 000
Total Fiancial Fixed Assets	1 012 000	1 012 000	0
Total Fixed Assets	7 164 000	7 163 000	6 154 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	255 000	152 000	138 000
Total Current Assets	3 435 000	156 000	138 000
Total Assets	10 600 000	7 319 000	6 292 000
Total Equity	3 085 000	3 089 000	2 002 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	7 464 000	4 163 000	4 281 000
Creditors	38 000	16 000	9 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	12 000	30 000	0
Total Current Debt	50 000	68 000	9 000
Total Equity and Debt	10 600 000	7 319 000	6 292 000

Financial indicators	2022	2021	2020
Return on Equity	−0,13 %	2,82 %	−0,5 %
Debt-to-Equity Ratio	2,42	1,35	2,14
Operating Profit Margin	46,99 %	56,47 %	22,92 %
Current Ratio	68,7	2,29	15,33
Quick Ratio	68,7	2,29	15,33
Equity Ratio	0,29	0,42	0,32
Gross Profit Margin	100 %	100 %	100 %