VETLANDSVEIEN BORETTSLAG

0179 OSLO

Finances

Share Ownership

Return on Equity

−9,88 %

Current Ratio

2,89

Debt-to-Equity Ratio

−2,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 821 000	20 537 000	20 805 000	20 752 000
Net Income	4 422 000	2 150 000	−8 291 000	−12 311 000
Total Assets	65 958 000	65 449 000	65 508 000	77 813 000
Total Equity	−44 748 000	−49 170 000	−51 319 000	−43 028 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 821 000	20 537 000	20 805 000	20 752 000
Expenditure	14 864 000	16 867 000	27 162 000	30 873 000
Operating Profit	6 957 000	3 669 000	−6 357 000	−10 121 000
Financial Income	17 000	113 000	164 000	173 000
Financial Costs	2 552 000	1 632 000	2 097 000	2 363 000
Financial Balance	−2 535 000	−1 519 000	−1 933 000	−2 190 000
Earnings Before Tax	4 422 000	2 150 000	−8 291 000	−12 311 000
Tax	0	0	0	0
Net Income	4 422 000	2 150 000	−8 291 000	−12 311 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	60 415 000	60 439 000	59 361 000	59 246 000
Total Current Assets	5 543 000	5 010 000	6 147 000	18 567 000
Total Assets	65 958 000	65 449 000	65 508 000	77 813 000
Total Retained Equity	−44 787 000	−49 209 000	−51 358 000	−43 067 000
Total Equity	−44 748 000	−49 170 000	−51 319 000	−43 028 000
Total Long-Term Debt	108 785 000	111 747 000	115 401 000	118 814 000
Total Current Debt	1 920 000	2 872 000	1 426 000	2 028 000
Total Equity and Debt	65 958 000	65 449 000	65 508 000	77 813 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	21 821 000	20 537 000	20 805 000	20 752 000
Revenue	21 821 000	20 537 000	20 805 000	20 752 000
Cost of Goods Sold	0	0	0	0
Salary Costs	456 000	456 000	456 000	373 000
Depreciation	433 000	550 000	229 000	142 000
Impairment	0	0	0	0
Expenditure	14 864 000	16 867 000	27 162 000	30 873 000
Operating Profit	6 957 000	3 669 000	−6 357 000	−10 121 000
Financial Income	17 000	113 000	164 000	173 000
Financial Costs	2 552 000	1 632 000	2 097 000	2 363 000
Financial Balance	−2 535 000	−1 519 000	−1 933 000	−2 190 000
Dividends	0	0	0	0
Net Income	4 422 000	2 150 000	−8 291 000	−12 311 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	58 983 000	58 993 000	59 018 000	58 937 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 013 000	1 446 000	343 000	286 000
Total Tangible Assets	59 996 000	60 439 000	59 361 000	59 223 000
Total Fiancial Fixed Assets	419 000	0	0	23 000
Total Fixed Assets	60 415 000	60 439 000	59 361 000	59 246 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 438 000	4 113 000	5 787 000	16 107 000
Total Current Assets	5 543 000	5 010 000	6 147 000	18 567 000
Total Assets	65 958 000	65 449 000	65 508 000	77 813 000
Total Equity	−44 748 000	−49 170 000	−51 319 000	−43 028 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	108 785 000	111 747 000	115 401 000	118 814 000
Creditors	1 326 000	2 328 000	709 000	1 891 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	573 000	534 000	708 000	121 000
Total Current Debt	1 920 000	2 872 000	1 426 000	2 028 000
Total Equity and Debt	65 958 000	65 449 000	65 508 000	77 813 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,88 %	−4,37 %	16,16 %	28,61 %
Debt-to-Equity Ratio	−2,43	−2,27	−2,25	−2,76
Operating Profit Margin	31,88 %	17,87 %	−30,56 %	−48,77 %
Current Ratio	2,89	1,74	4,31	9,16
Quick Ratio	2,89	1,74	4,31	9,16
Equity Ratio	−0,68	−0,75	−0,78	−0,55
Gross Profit Margin	100 %	100 %	100 %	100 %