Veslefrikk Borettslag

5015 BERGEN

Finances

Share Ownership

Return on Equity

12,43 %

Current Ratio

2,95

Debt-to-Equity Ratio

−1,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 760 000	4 495 000	4 244 000	3 842 000
Net Income	−2 220 000	828 000	312 000	−6 718 000
Total Assets	15 762 000	12 343 000	12 479 000	11 528 000
Total Equity	−17 854 000	−15 634 000	−16 462 000	−16 774 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 760 000	4 495 000	4 244 000	3 842 000
Expenditure	6 337 000	3 263 000	3 443 000	10 111 000
Operating Profit	−1 577 000	1 232 000	802 000	−6 268 000
Financial Income	37 000	5 000	15 000	33 000
Financial Costs	681 000	408 000	505 000	482 000
Financial Balance	−644 000	−403 000	−490 000	−449 000
Earnings Before Tax	−2 221 000	829 000	802 000	−6 718 000
Tax	0	0	0	0
Net Income	−2 220 000	828 000	312 000	−6 718 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 771 000	10 132 000	10 032 000	8 822 000
Total Current Assets	5 991 000	2 211 000	2 447 000	2 707 000
Total Assets	15 762 000	12 343 000	12 479 000	11 528 000
Total Retained Equity	−17 861 000	−15 641 000	−16 469 000	−16 781 000
Total Equity	−17 854 000	−15 634 000	−16 462 000	−16 774 000
Total Long-Term Debt	31 585 000	27 280 000	28 339 000	28 032 000
Total Current Debt	2 031 000	697 000	602 000	270 000
Total Equity and Debt	15 762 000	12 343 000	12 479 000	11 528 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 760 000	4 428 000	0	3 756 000
Other Income	0	68 000	4 244 000	86 000
Revenue	4 760 000	4 495 000	4 244 000	3 842 000
Cost of Goods Sold	0	0	0	0
Salary Costs	254 000	276 000	251 000	477 000
Depreciation	361 000	237 000	46 000	46 000
Impairment	0	0	0	0
Expenditure	6 337 000	3 263 000	3 443 000	10 111 000
Operating Profit	−1 577 000	1 232 000	802 000	−6 268 000
Financial Income	37 000	5 000	15 000	33 000
Financial Costs	681 000	408 000	505 000	482 000
Financial Balance	−644 000	−403 000	−490 000	−449 000
Dividends	0	0	0	0
Net Income	−2 220 000	828 000	312 000	−6 718 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 661 000	8 661 000	9 917 000	8 661 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 110 000	1 471 000	115 000	161 000
Total Tangible Assets	9 771 000	10 132 000	10 032 000	8 822 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 771 000	10 132 000	10 032 000	8 822 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 633 000	3 700 000	2 133 000	2 670 000
Total Current Assets	5 991 000	2 211 000	2 447 000	2 707 000
Total Assets	15 762 000	12 343 000	12 479 000	11 528 000
Total Equity	−17 854 000	−15 634 000	−16 462 000	−16 774 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	31 585 000	27 280 000	28 339 000	28 032 000
Creditors	1 513 000	397 000	282 000	0
Unpaid Taxes	39 000	36 000	40 000	0
Dividends	0	0	0	0
Other Current Debt	479 000	265 000	280 000	270 000
Total Current Debt	2 031 000	697 000	602 000	270 000
Total Equity and Debt	15 762 000	12 343 000	12 479 000	11 528 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,43 %	−5,3 %	−1,9 %	40,05 %
Debt-to-Equity Ratio	−1,77	−1,74	−1,72	−1,67
Operating Profit Margin	−33,13 %	27,41 %	18,9 %	−163,14 %
Current Ratio	2,95	3,17	4,06	10,03
Quick Ratio	2,95	3,17	4,06	10,03
Equity Ratio	−1,13	−1,27	−1,32	−1,46
Gross Profit Margin	100 %	100 %	100 %	100 %