VESTADBAKKEN BORETTSLAG

2414 ELVERUM

Finances

Share Ownership

Return on Equity

80,37 %

Current Ratio

28,88

Debt-to-Equity Ratio

33,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 222 000	1 955 000	2 141 000	1 955 000
Net Income	258 000	181 000	550 000	52 000
Total Assets	11 073 000	11 074 000	11 258 000	10 585 000
Total Equity	321 000	63 000	−118 000	−668 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 222 000	1 955 000	2 141 000	1 955 000
Expenditure	1 724 000	1 611 000	1 390 000	1 672 000
Operating Profit	497 000	343 000	751 000	283 000
Financial Income	1 000	0	0	2 000
Financial Costs	240 000	162 000	202 000	234 000
Financial Balance	−239 000	−162 000	−202 000	−232 000
Earnings Before Tax	258 000	181 000	550 000	52 000
Tax	0	0	0	0
Net Income	258 000	181 000	550 000	52 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 120 000	10 114 000	10 150 000	10 131 000
Total Current Assets	953 000	960 000	1 108 000	453 000
Total Assets	11 073 000	11 074 000	11 258 000	10 585 000
Total Retained Equity	318 000	60 000	−121 000	−671 000
Total Equity	321 000	63 000	−118 000	−668 000
Total Long-Term Debt	10 719 000	11 009 000	11 363 000	11 048 000
Total Current Debt	33 000	2 000	13 000	204 000
Total Equity and Debt	11 073 000	11 074 000	11 258 000	10 585 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 222 000	1 955 000	2 141 000	1 955 000
Revenue	2 222 000	1 955 000	2 141 000	1 955 000
Cost of Goods Sold	0	0	0	0
Salary Costs	97 000	96 000	55 000	51 000
Depreciation	36 000	36 000	36 000	3 000
Impairment	0	0	0	0
Expenditure	1 724 000	1 611 000	1 390 000	1 672 000
Operating Profit	497 000	343 000	751 000	283 000
Financial Income	1 000	0	0	2 000
Financial Costs	240 000	162 000	202 000	234 000
Financial Balance	−239 000	−162 000	−202 000	−232 000
Dividends	0	0	0	0
Net Income	258 000	181 000	550 000	52 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 827 000	9 827 000	9 827 000	9 827 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	251 000	287 000	323 000	304 000
Total Tangible Assets	10 078 000	10 114 000	10 150 000	10 131 000
Total Fiancial Fixed Assets	42 000	0	0	0
Total Fixed Assets	10 120 000	10 114 000	10 150 000	10 131 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	893 000	904 000	1 055 000	214 000
Total Current Assets	953 000	960 000	1 108 000	453 000
Total Assets	11 073 000	11 074 000	11 258 000	10 585 000
Total Equity	321 000	63 000	−118 000	−668 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 719 000	11 009 000	11 363 000	11 048 000
Creditors	30 000	1 000	12 000	204 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 000	1 000	1 000	0
Total Current Debt	33 000	2 000	13 000	204 000
Total Equity and Debt	11 073 000	11 074 000	11 258 000	10 585 000

Financial indicators	2022	2021	2020	2019
Return on Equity	80,37 %	287,3 %	−466,1 %	−7,78 %
Debt-to-Equity Ratio	33,39	174,75	−96,3	−16,54
Operating Profit Margin	22,37 %	17,54 %	35,08 %	14,48 %
Current Ratio	28,88	480	85,23	2,22
Quick Ratio	28,88	480	85,23	2,22
Equity Ratio	0,03	0,01	−0,01	−0,06
Gross Profit Margin	100 %	100 %	100 %	100 %