VESTHELLINGA Borettslag A/L

1400 SKI

Finances

Share Ownership

Return on Equity

2,56 %

Current Ratio

2,76

Debt-to-Equity Ratio

1,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 546 000	2 497 000	2 487 000	2 438 000
Net Income	342 000	−993 000	−2 520 000	619 000
Total Assets	27 273 000	27 038 000	28 308 000	29 041 000
Total Equity	13 348 000	13 006 000	13 999 000	16 519 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 546 000	2 497 000	2 487 000	2 438 000
Expenditure	2 165 000	3 456 000	4 997 000	1 844 000
Operating Profit	381 000	−959 000	−2 509 000	594 000
Financial Income	5 000	0	5 000	25 000
Financial Costs	44 000	35 000	16 000	0
Financial Balance	−39 000	−35 000	−11 000	25 000
Earnings Before Tax	342 000	−993 000	−2 520 000	619 000
Tax	0	0	0	0
Net Income	342 000	−993 000	−2 520 000	619 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 604 000	26 530 000	26 530 000	26 710 000
Total Current Assets	669 000	509 000	1 778 000	2 331 000
Total Assets	27 273 000	27 038 000	28 308 000	29 041 000
Total Retained Equity	13 342 000	12 999 000	13 993 000	16 513 000
Total Equity	13 348 000	13 006 000	13 999 000	16 519 000
Total Long-Term Debt	13 683 000	13 869 000	14 059 000	12 106 000
Total Current Debt	242 000	164 000	250 000	416 000
Total Equity and Debt	27 273 000	27 038 000	28 308 000	29 041 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 546 000	2 497 000	2 487 000	2 438 000
Revenue	2 546 000	2 497 000	2 487 000	2 438 000
Cost of Goods Sold	0	0	0	0
Salary Costs	103 000	80 000	80 000	80 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 165 000	3 456 000	4 997 000	1 844 000
Operating Profit	381 000	−959 000	−2 509 000	594 000
Financial Income	5 000	0	5 000	25 000
Financial Costs	44 000	35 000	16 000	0
Financial Balance	−39 000	−35 000	−11 000	25 000
Dividends	0	0	0	0
Net Income	342 000	−993 000	−2 520 000	619 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	26 604 000	26 530 000	26 530 000	26 710 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	26 604 000	26 530 000	26 530 000	26 710 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	26 604 000	26 530 000	26 530 000	26 710 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	505 000	377 000	1 479 000	2 043 000
Total Current Assets	669 000	509 000	1 778 000	2 331 000
Total Assets	27 273 000	27 038 000	28 308 000	29 041 000
Total Equity	13 348 000	13 006 000	13 999 000	16 519 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 683 000	13 869 000	14 059 000	12 106 000
Creditors	86 000	145 000	231 000	376 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	156 000	19 000	19 000	40 000
Total Current Debt	242 000	164 000	250 000	416 000
Total Equity and Debt	27 273 000	27 038 000	28 308 000	29 041 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,56 %	−7,63 %	−18 %	3,75 %
Debt-to-Equity Ratio	1,03	1,07	1	0,73
Operating Profit Margin	14,96 %	−38,41 %	−100,88 %	24,36 %
Current Ratio	2,76	3,1	7,11	5,6
Quick Ratio	2,76	3,1	7,11	5,6
Equity Ratio	0,49	0,48	0,49	0,57
Gross Profit Margin	100 %	100 %	100 %	100 %