VESTRE TORVGATE AS

5017 BERGEN

Finances

Share Ownership

Return on Equity

25,75 %

Current Ratio

0,02

Debt-to-Equity Ratio

0,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 972 000	3 189 000	9 456 000	12 298 000
Net Income	748 000	261 000	4 219 000	6 398 000
Total Assets	14 792 000	15 026 000	61 551 000	58 534 000
Total Equity	2 905 000	2 157 000	19 623 000	18 054 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 972 000	3 189 000	9 456 000	12 298 000
Expenditure	1 738 000	2 640 000	3 443 000	3 262 000
Operating Profit	1 234 000	548 000	6 013 000	9 037 000
Financial Income	274 000	56 000	0	0
Financial Costs	549 000	270 000	603 000	834 000
Financial Balance	−275 000	−214 000	−603 000	−834 000
Earnings Before Tax	959 000	335 000	5 410 000	8 203 000
Tax	211 000	74 000	1 190 000	1 805 000
Net Income	748 000	261 000	4 219 000	6 398 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 592 000	14 892 000	61 264 000	58 411 000
Total Current Assets	200 000	134 000	287 000	123 000
Total Assets	14 792 000	15 026 000	61 551 000	58 534 000
Total Retained Equity	2 315 000	1 567 000	15 676 000	14 107 000
Total Equity	2 905 000	2 157 000	19 623 000	18 054 000
Total Long-Term Debt	1 349 000	1 301 000	4 456 000	4 014 000
Total Current Debt	10 537 000	11 569 000	37 471 000	36 466 000
Total Equity and Debt	14 792 000	15 026 000	61 551 000	58 534 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 972 000	3 189 000	9 456 000	12 298 000
Revenue	2 972 000	3 189 000	9 456 000	12 298 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	301 000	512 000	1 303 000	1 913 000
Impairment	0	0	0	0
Expenditure	1 738 000	2 640 000	3 443 000	3 262 000
Operating Profit	1 234 000	548 000	6 013 000	9 037 000
Financial Income	274 000	56 000	0	0
Financial Costs	549 000	270 000	603 000	834 000
Financial Balance	−275 000	−214 000	−603 000	−834 000
Dividends	0	0	0	0
Net Income	748 000	261 000	4 219 000	6 398 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	14 592 000	14 892 000	61 264 000	58 304 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	107 000
Total Tangible Assets	14 592 000	14 892 000	61 264 000	58 411 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 592 000	14 892 000	61 264 000	58 411 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	200 000	134 000	287 000	123 000
Total Assets	14 792 000	15 026 000	61 551 000	58 534 000
Total Equity	2 905 000	2 157 000	19 623 000	18 054 000
Short-Term Group Debt	0	0	35 020 000	35 702 000
Total Long-Term Debt	1 349 000	1 301 000	4 456 000	4 014 000
Creditors	952 000	133 000	767 000	300 000
Unpaid Taxes	−2 000	8 000	184 000	464 000
Dividends	0	0	0	0
Other Current Debt	9 425 000	11 428 000	1 500 000	0
Total Current Debt	10 537 000	11 569 000	37 471 000	36 466 000
Total Equity and Debt	14 792 000	15 026 000	61 551 000	58 534 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,75 %	12,1 %	21,5 %	35,44 %
Debt-to-Equity Ratio	0,46	0,6	0,23	0,22
Operating Profit Margin	41,52 %	17,18 %	63,59 %	73,48 %
Current Ratio	0,02	0,01	0,01	0
Quick Ratio	0,02	0,01	0,01	0
Equity Ratio	0,2	0,14	0,32	0,31
Gross Profit Margin	100 %	100 %	100 %	100 %