VEE-SLETTA BORETTSLAG

6884 ØVRE ÅRDAL

Finances

Share Ownership

Return on Equity

16,69 %

Current Ratio

0,27

Debt-to-Equity Ratio

12,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 544 000	3 964 000	3 947 000	3 787 000
Net Income	768 000	681 000	504 000	569 000
Total Assets	65 788 000	24 129 000	21 958 000	21 316 000
Total Equity	4 602 000	3 833 000	3 153 000	2 649 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 544 000	3 964 000	3 947 000	3 787 000
Expenditure	2 870 000	2 870 000	2 958 000	2 707 000
Operating Profit	1 674 000	1 094 000	989 000	1 081 000
Financial Income	56 000	7 000	5 000	12 000
Financial Costs	962 000	420 000	490 000	523 000
Financial Balance	−906 000	−413 000	−485 000	−511 000
Earnings Before Tax	768 000	681 000	479 000	569 000
Tax	0	0	0	0
Net Income	768 000	681 000	504 000	569 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	64 209 000	21 535 000	20 461 000	20 496 000
Total Current Assets	1 579 000	2 594 000	1 497 000	820 000
Total Assets	65 788 000	24 129 000	21 958 000	21 316 000
Total Retained Equity	4 593 000	3 824 000	3 144 000	2 640 000
Total Equity	4 602 000	3 833 000	3 153 000	2 649 000
Total Long-Term Debt	55 353 000	19 474 000	18 060 000	18 604 000
Total Current Debt	5 833 000	822 000	745 000	63 000
Total Equity and Debt	65 788 000	24 129 000	21 958 000	21 316 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	4 544 000	3 964 000	3 922 000	3 787 000
Revenue	4 544 000	3 964 000	3 947 000	3 787 000
Cost of Goods Sold	0	0	0	0
Salary Costs	64 000	61 000	59 000	55 000
Depreciation	0	85 000	35 000	44 000
Impairment	0	0	0	0
Expenditure	2 870 000	2 870 000	2 958 000	2 707 000
Operating Profit	1 674 000	1 094 000	989 000	1 081 000
Financial Income	56 000	7 000	5 000	12 000
Financial Costs	962 000	420 000	490 000	523 000
Financial Balance	−906 000	−413 000	−485 000	−511 000
Dividends	0	0	0	0
Net Income	768 000	681 000	504 000	569 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	28 547 000	21 535 000	20 461 000	20 489 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	7 000
Total Tangible Assets	28 547 000	21 535 000	20 461 000	20 496 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	64 209 000	21 535 000	20 461 000	20 496 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	959 000	1 948 000	862 000	626 000
Total Current Assets	1 579 000	2 594 000	1 497 000	820 000
Total Assets	65 788 000	24 129 000	21 958 000	21 316 000
Total Equity	4 602 000	3 833 000	3 153 000	2 649 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	55 353 000	19 474 000	18 060 000	18 604 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	5 833 000	822 000	745 000	63 000
Total Current Debt	5 833 000	822 000	745 000	63 000
Total Equity and Debt	65 788 000	24 129 000	21 958 000	21 316 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,69 %	17,77 %	15,98 %	21,48 %
Debt-to-Equity Ratio	12,03	5,08	5,73	7,02
Operating Profit Margin	36,84 %	27,6 %	25,06 %	28,55 %
Current Ratio	0,27	3,16	2,01	13,02
Quick Ratio	0,27	3,16	2,01	13,02
Equity Ratio	0,07	0,16	0,14	0,12
Gross Profit Margin	100 %	100 %	100 %	100 %