VESTERÅLSGT 33 AS

8400 SORTLAND

Finances

Share Ownership

Return on Equity

1,35 %

Current Ratio

25,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	78 000	65 000	59 000	59 000
Net Income	13 000	409 000	12 000	2 772 000
Total Assets	984 000	1 466 000	2 455 000	4 560 000
Total Equity	966 000	953 000	1 044 000	2 432 000

Income (NOK)	2022	2021	2020	2019
Revenue	78 000	65 000	59 000	59 000
Expenditure	63 000	84 000	52 000	95 000
Operating Profit	15 000	−18 000	7 000	−36 000
Financial Income	3 000	424 000	8 000	2 801 000
Financial Costs	1 000	1 000	1 000	1 000
Financial Balance	2 000	423 000	7 000	2 800 000
Earnings Before Tax	17 000	405 000	14 000	2 764 000
Tax	4 000	−4 000	2 000	−8 000
Net Income	13 000	409 000	12 000	2 772 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	532 000	540 000	942 000	977 000
Total Current Assets	452 000	926 000	1 512 000	3 583 000
Total Assets	984 000	1 466 000	2 455 000	4 560 000
Total Retained Equity	762 000	749 000	840 000	2 228 000
Total Equity	966 000	953 000	1 044 000	2 432 000
Total Long-Term Debt	0	0	1 000	0
Total Current Debt	18 000	513 000	1 410 000	2 128 000
Total Equity and Debt	984 000	1 466 000	2 455 000	4 560 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	78 000	65 000	59 000	59 000
Other Income	0	0	0	0
Revenue	78 000	65 000	59 000	59 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	5 000	5 000	5 000	5 000
Impairment	0	0	0	0
Expenditure	63 000	84 000	52 000	95 000
Operating Profit	15 000	−18 000	7 000	−36 000
Financial Income	3 000	424 000	8 000	2 801 000
Financial Costs	1 000	1 000	1 000	1 000
Financial Balance	2 000	423 000	7 000	2 800 000
Dividends	0	500 000	1 400 000	2 000 000
Net Income	13 000	409 000	12 000	2 772 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	3 000	0	30 000
Real Eastate	532 000	537 000	541 000	546 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	532 000	537 000	541 000	546 000
Total Fiancial Fixed Assets	0	0	401 000	401 000
Total Fixed Assets	532 000	540 000	942 000	977 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	452 000	926 000	1 483 000	2 564 000
Total Current Assets	452 000	926 000	1 512 000	3 583 000
Total Assets	984 000	1 466 000	2 455 000	4 560 000
Total Equity	966 000	953 000	1 044 000	2 432 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 000	0
Creditors	0	0	0	101 000
Unpaid Taxes	0	0	0	0
Dividends	0	500 000	1 400 000	2 000 000
Other Current Debt	18 000	13 000	10 000	27 000
Total Current Debt	18 000	513 000	1 410 000	2 128 000
Total Equity and Debt	984 000	1 466 000	2 455 000	4 560 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,35 %	42,92 %	1,15 %	113,98 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	19,23 %	−27,69 %	11,86 %	−61,02 %
Current Ratio	25,11	1,81	1,07	1,68
Quick Ratio	25,11	1,81	1,07	1,68
Equity Ratio	0,98	0,65	0,43	0,53
Gross Profit Margin	100 %	100 %	100 %	100 %