VESTERHEIM BORETTSLAG

6415 MOLDE

Finances

Share Ownership

Return on Equity

5,56 %

Current Ratio

13,42

Debt-to-Equity Ratio

2,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 228 000	1 953 000	1 906 000	1 906 000
Net Income	267 000	−755 000	519 000	392 000
Total Assets	17 366 000	17 750 000	17 715 000	17 879 000
Total Equity	4 800 000	4 533 000	5 288 000	4 770 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 228 000	1 953 000	1 906 000	1 906 000
Expenditure	1 742 000	2 580 000	1 228 000	1 307 000
Operating Profit	486 000	−627 000	678 000	599 000
Financial Income	22 000	4 000	8 000	25 000
Financial Costs	241 000	132 000	167 000	232 000
Financial Balance	−219 000	−128 000	−159 000	−207 000
Earnings Before Tax	267 000	−755 000	519 000	392 000
Tax	0	0	0	0
Net Income	267 000	−755 000	519 000	392 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 333 000	16 336 000	16 346 000	16 385 000
Total Current Assets	1 033 000	1 414 000	1 369 000	1 494 000
Total Assets	17 366 000	17 750 000	17 715 000	17 879 000
Total Retained Equity	4 795 000	4 529 000	5 283 000	4 765 000
Total Equity	4 800 000	4 533 000	5 288 000	4 770 000
Total Long-Term Debt	12 490 000	13 148 000	12 403 000	13 007 000
Total Current Debt	77 000	68 000	23 000	103 000
Total Equity and Debt	17 366 000	17 750 000	17 715 000	17 879 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 228 000	1 953 000	1 906 000	1 906 000
Revenue	2 228 000	1 953 000	1 906 000	1 906 000
Cost of Goods Sold	0	0	0	0
Salary Costs	184 000	175 000	139 000	122 000
Depreciation	3 000	10 000	39 000	36 000
Impairment	0	0	0	0
Expenditure	1 742 000	2 580 000	1 228 000	1 307 000
Operating Profit	486 000	−627 000	678 000	599 000
Financial Income	22 000	4 000	8 000	25 000
Financial Costs	241 000	132 000	167 000	232 000
Financial Balance	−219 000	−128 000	−159 000	−207 000
Dividends	0	0	0	0
Net Income	267 000	−755 000	519 000	392 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	16 333 000	16 333 000	16 333 000	16 333 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	3 000	13 000	52 000
Total Tangible Assets	16 333 000	16 336 000	16 346 000	16 385 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 333 000	16 336 000	16 346 000	16 385 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 022 000	1 410 000	1 362 000	1 487 000
Total Current Assets	1 033 000	1 414 000	1 369 000	1 494 000
Total Assets	17 366 000	17 750 000	17 715 000	17 879 000
Total Equity	4 800 000	4 533 000	5 288 000	4 770 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 490 000	13 148 000	12 403 000	13 007 000
Creditors	59 000	41 000	18 000	78 000
Unpaid Taxes	1 000	5 000	0	4 000
Dividends	0	0	0	0
Other Current Debt	17 000	23 000	6 000	21 000
Total Current Debt	77 000	68 000	23 000	103 000
Total Equity and Debt	17 366 000	17 750 000	17 715 000	17 879 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,56 %	−16,66 %	9,81 %	8,22 %
Debt-to-Equity Ratio	2,6	2,9	2,35	2,73
Operating Profit Margin	21,81 %	−32,1 %	35,57 %	31,43 %
Current Ratio	13,42	20,79	59,52	14,5
Quick Ratio	13,42	20,79	59,52	14,5
Equity Ratio	0,28	0,26	0,3	0,27
Gross Profit Margin	100 %	100 %	100 %	100 %