VASETSTØLEN AS

2960 RØN

Finances

Return on Equity

−1,03 %

Current Ratio

0,83

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 773 000	3 760 000	3 230 000	3 092 000
Net Income	−39 000	114 000	−32 000	−284 000
Total Assets	5 210 000	5 328 000	5 277 000	5 457 000
Total Equity	3 769 000	3 808 000	3 693 000	3 725 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 773 000	3 760 000	3 230 000	3 092 000
Expenditure	3 826 000	3 605 000	3 245 000	3 426 000
Operating Profit	−53 000	156 000	−15 000	−333 000
Financial Income	11 000	5 000	0	7 000
Financial Costs	8 000	14 000	27 000	39 000
Financial Balance	3 000	−9 000	−27 000	−32 000
Earnings Before Tax	−50 000	147 000	−43 000	−366 000
Tax	−11 000	32 000	−11 000	−82 000
Net Income	−39 000	114 000	−32 000	−284 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 064 000	4 244 000	4 373 000	4 548 000
Total Current Assets	1 146 000	1 084 000	904 000	908 000
Total Assets	5 210 000	5 328 000	5 277 000	5 457 000
Total Retained Equity	3 469 000	3 508 000	3 393 000	3 425 000
Total Equity	3 769 000	3 808 000	3 693 000	3 725 000
Total Long-Term Debt	68 000	312 000	506 000	740 000
Total Current Debt	1 373 000	1 208 000	1 077 000	992 000
Total Equity and Debt	5 210 000	5 328 000	5 277 000	5 457 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 640 000	3 491 000	3 162 000	3 029 000
Other Income	133 000	269 000	67 000	64 000
Revenue	3 773 000	3 760 000	3 230 000	3 092 000
Cost of Goods Sold	649 000	674 000	564 000	670 000
Salary Costs	1 750 000	1 591 000	1 404 000	1 538 000
Depreciation	181 000	180 000	176 000	194 000
Impairment	0	0	0	0
Expenditure	3 826 000	3 605 000	3 245 000	3 426 000
Operating Profit	−53 000	156 000	−15 000	−333 000
Financial Income	11 000	5 000	0	7 000
Financial Costs	8 000	14 000	27 000	39 000
Financial Balance	3 000	−9 000	−27 000	−32 000
Dividends	0	0	0	0
Net Income	−39 000	114 000	−32 000	−284 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 928 000	4 095 000	4 261 000	4 428 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	46 000	60 000	22 000	31 000
Total Tangible Assets	3 994 000	4 174 000	4 303 000	4 478 000
Total Fiancial Fixed Assets	70 000	70 000	70 000	70 000
Total Fixed Assets	4 064 000	4 244 000	4 373 000	4 548 000
Stock	210 000	207 000	226 000	131 000
Total Investments	0	0	0	0
Cash, Bank	867 000	813 000	641 000	734 000
Total Current Assets	1 146 000	1 084 000	904 000	908 000
Total Assets	5 210 000	5 328 000	5 277 000	5 457 000
Total Equity	3 769 000	3 808 000	3 693 000	3 725 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	68 000	312 000	506 000	740 000
Creditors	77 000	61 000	55 000	53 000
Unpaid Taxes	66 000	83 000	74 000	105 000
Dividends	0	0	0	0
Other Current Debt	1 230 000	1 064 000	948 000	834 000
Total Current Debt	1 373 000	1 208 000	1 077 000	992 000
Total Equity and Debt	5 210 000	5 328 000	5 277 000	5 457 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,03 %	2,99 %	−0,87 %	−7,62 %
Debt-to-Equity Ratio	0,02	0,08	0,14	0,2
Operating Profit Margin	−1,4 %	4,15 %	−0,46 %	−10,77 %
Current Ratio	0,83	0,9	0,84	0,92
Quick Ratio	0,99	1,08	1,06	1,05
Equity Ratio	0,72	0,71	0,7	0,68
Gross Profit Margin	82,8 %	82,07 %	82,54 %	78,33 %