VESTENG BORETTSLAG

1725 SARPSBORG

Finances

Share Ownership

Return on Equity

−8,91 %

Current Ratio

40,86

Debt-to-Equity Ratio

−2,9

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 841 000	4 845 000	4 796 000	4 857 000
Net Income	1 028 000	861 000	1 076 000	1 742 000
Total Assets	21 993 000	21 994 000	22 148 000	22 827 000
Total Equity	−11 534 000	−12 562 000	−13 423 000	−14 500 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 841 000	4 845 000	4 796 000	4 857 000
Expenditure	3 239 000	3 577 000	3 193 000	2 464 000
Operating Profit	1 602 000	1 269 000	1 603 000	2 393 000
Financial Income	56 000	1 000	11 000	38 000
Financial Costs	675 000	455 000	585 000	727 000
Financial Balance	−619 000	−454 000	−574 000	−689 000
Earnings Before Tax	1 647 000	1 314 000	1 650 000	2 430 000
Tax	0	0	0	0
Net Income	1 028 000	861 000	1 076 000	1 742 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 171 000	17 184 000	17 200 000	17 216 000
Total Current Assets	4 822 000	4 810 000	4 948 000	5 611 000
Total Assets	21 993 000	21 994 000	22 148 000	22 827 000
Total Retained Equity	−11 541 000	−12 569 000	−13 429 000	−14 506 000
Total Equity	−11 534 000	−12 562 000	−13 423 000	−14 500 000
Total Long-Term Debt	33 410 000	34 415 000	35 520 000	36 729 000
Total Current Debt	118 000	142 000	52 000	597 000
Total Equity and Debt	21 993 000	21 994 000	22 148 000	22 827 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	4 841 000	4 845 000	4 796 000	4 857 000
Revenue	4 841 000	4 845 000	4 796 000	4 857 000
Cost of Goods Sold	0	0	0	0
Salary Costs	217 000	215 000	217 000	178 000
Depreciation	13 000	16 000	16 000	9 000
Impairment	0	0	0	0
Expenditure	3 239 000	3 577 000	3 193 000	2 464 000
Operating Profit	1 602 000	1 269 000	1 603 000	2 393 000
Financial Income	56 000	1 000	11 000	38 000
Financial Costs	675 000	455 000	585 000	727 000
Financial Balance	−619 000	−454 000	−574 000	−689 000
Dividends	0	0	0	0
Net Income	1 028 000	861 000	1 076 000	1 742 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	17 151 000	17 151 000	17 151 000	17 151 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	20 000	33 000	49 000	65 000
Total Tangible Assets	17 171 000	17 184 000	17 200 000	17 216 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	17 171 000	17 184 000	17 200 000	17 216 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 357 000	4 396 000	4 541 000	4 840 000
Total Current Assets	4 822 000	4 810 000	4 948 000	5 611 000
Total Assets	21 993 000	21 994 000	22 148 000	22 827 000
Total Equity	−11 534 000	−12 562 000	−13 423 000	−14 500 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	33 410 000	34 415 000	35 520 000	36 729 000
Creditors	85 000	127 000	30 000	455 000
Unpaid Taxes	8 000	3 000	6 000	2 000
Dividends	0	0	0	0
Other Current Debt	25 000	13 000	16 000	140 000
Total Current Debt	118 000	142 000	52 000	597 000
Total Equity and Debt	21 993 000	21 994 000	22 148 000	22 827 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,91 %	−6,85 %	−8,02 %	−12,01 %
Debt-to-Equity Ratio	−2,9	−2,74	−2,65	−2,53
Operating Profit Margin	33,09 %	26,19 %	33,42 %	49,27 %
Current Ratio	40,86	33,87	95,15	9,4
Quick Ratio	40,86	33,87	95,15	9,4
Equity Ratio	−0,52	−0,57	−0,61	−0,64
Gross Profit Margin	100 %	100 %	100 %	100 %