VEIDEGRENDA BORETTSLAG

1607 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

41,17 %

Current Ratio

15,62

Debt-to-Equity Ratio

−12,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 697 000	1 598 000	1 543 000	1 473 000
Net Income	−380 000	201 000	239 000	225 000
Total Assets	10 988 000	11 051 000	11 089 000	11 175 000
Total Equity	−923 000	−543 000	−744 000	−983 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 697 000	1 598 000	1 543 000	1 473 000
Expenditure	1 865 000	1 263 000	1 136 000	1 035 000
Operating Profit	−167 000	335 000	407 000	438 000
Financial Income	20 000	17 000	16 000	17 000
Financial Costs	232 000	151 000	185 000	230 000
Financial Balance	−212 000	−134 000	−169 000	−213 000
Earnings Before Tax	−380 000	201 000	239 000	225 000
Tax	0	0	0	0
Net Income	−380 000	201 000	239 000	225 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 331 000	10 360 000	10 418 000	10 476 000
Total Current Assets	656 000	691 000	672 000	699 000
Total Assets	10 988 000	11 051 000	11 089 000	11 175 000
Total Retained Equity	−925 000	−545 000	−746 000	−985 000
Total Equity	−923 000	−543 000	−744 000	−983 000
Total Long-Term Debt	11 868 000	11 558 000	11 797 000	12 018 000
Total Current Debt	42 000	35 000	36 000	139 000
Total Equity and Debt	10 988 000	11 051 000	11 089 000	11 175 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 697 000	1 598 000	1 543 000	1 473 000
Revenue	1 697 000	1 598 000	1 543 000	1 473 000
Cost of Goods Sold	0	0	0	0
Salary Costs	118 000	111 000	117 000	151 000
Depreciation	58 000	58 000	58 000	17 000
Impairment	0	0	0	0
Expenditure	1 865 000	1 263 000	1 136 000	1 035 000
Operating Profit	−167 000	335 000	407 000	438 000
Financial Income	20 000	17 000	16 000	17 000
Financial Costs	232 000	151 000	185 000	230 000
Financial Balance	−212 000	−134 000	−169 000	−213 000
Dividends	0	0	0	0
Net Income	−380 000	201 000	239 000	225 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 900 000	9 900 000	9 900 000	9 900 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	402 000	460 000	518 000	576 000
Total Tangible Assets	10 302 000	10 360 000	10 418 000	10 476 000
Total Fiancial Fixed Assets	29 000	0	0	0
Total Fixed Assets	10 331 000	10 360 000	10 418 000	10 476 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	647 000	657 000	663 000	530 000
Total Current Assets	656 000	691 000	672 000	699 000
Total Assets	10 988 000	11 051 000	11 089 000	11 175 000
Total Equity	−923 000	−543 000	−744 000	−983 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 868 000	11 558 000	11 797 000	12 018 000
Creditors	19 000	25 000	31 000	128 000
Unpaid Taxes	4 000	1 000	2 000	5 000
Dividends	0	0	0	0
Other Current Debt	17 000	8 000	2 000	5 000
Total Current Debt	42 000	35 000	36 000	139 000
Total Equity and Debt	10 988 000	11 051 000	11 089 000	11 175 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,17 %	−37,02 %	−32,12 %	−22,89 %
Debt-to-Equity Ratio	−12,86	−21,29	−15,86	−12,23
Operating Profit Margin	−9,84 %	20,96 %	26,38 %	29,74 %
Current Ratio	15,62	19,74	18,67	5,03
Quick Ratio	15,62	19,74	18,67	5,03
Equity Ratio	−0,08	−0,05	−0,07	−0,09
Gross Profit Margin	100 %	100 %	100 %	100 %