VESTNES EIENDOM AS

6900 FLORØ

Finances

Return on Equity

48,14 %

Current Ratio

9,37

Debt-to-Equity Ratio

4,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 250 000	1 188 000	1 101 000	1 194 000
Net Income	426 000	309 000	148 000	−728 000
Total Assets	4 821 000	4 673 000	4 724 000	4 899 000
Total Equity	885 000	229 000	−416 000	−564 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 250 000	1 188 000	1 101 000	1 194 000
Expenditure	505 000	478 000	501 000	926 000
Operating Profit	746 000	710 000	600 000	269 000
Financial Income	4 000	19 000	53 000	0
Financial Costs	135 000	260 000	392 000	916 000
Financial Balance	−131 000	−241 000	−339 000	−916 000
Earnings Before Tax	614 000	468 000	261 000	−647 000
Tax	189 000	159 000	114 000	81 000
Net Income	426 000	309 000	148 000	−728 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 808 000	4 074 000	4 342 000	4 612 000
Total Current Assets	1 012 000	599 000	382 000	287 000
Total Assets	4 821 000	4 673 000	4 724 000	4 899 000
Total Retained Equity	−1 036 000	−1 692 000	−1 437 000	−1 584 000
Total Equity	885 000	229 000	−416 000	−564 000
Total Long-Term Debt	3 827 000	4 359 000	4 922 000	4 891 000
Total Current Debt	108 000	86 000	218 000	572 000
Total Equity and Debt	4 821 000	4 673 000	4 724 000	4 899 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	267 000
Other Income	1 250 000	1 188 000	1 101 000	926 000
Revenue	1 250 000	1 188 000	1 101 000	1 194 000
Cost of Goods Sold	0	0	0	27 000
Salary Costs	0	0	0	0
Depreciation	266 000	268 000	270 000	273 000
Impairment	0	0	0	0
Expenditure	505 000	478 000	501 000	926 000
Operating Profit	746 000	710 000	600 000	269 000
Financial Income	4 000	19 000	53 000	0
Financial Costs	135 000	260 000	392 000	916 000
Financial Balance	−131 000	−241 000	−339 000	−916 000
Dividends	0	0	0	0
Net Income	426 000	309 000	148 000	−728 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 796 000	3 062 000	3 330 000	3 600 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 796 000	3 062 000	3 330 000	3 600 000
Total Fiancial Fixed Assets	1 012 000	1 012 000	1 012 000	1 012 000
Total Fixed Assets	3 808 000	4 074 000	4 342 000	4 612 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	595 000	113 000	13 000	0
Total Current Assets	1 012 000	599 000	382 000	287 000
Total Assets	4 821 000	4 673 000	4 724 000	4 899 000
Total Equity	885 000	229 000	−416 000	−564 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 827 000	4 359 000	4 922 000	4 891 000
Creditors	44 000	25 000	47 000	112 000
Unpaid Taxes	48 000	47 000	41 000	62 000
Dividends	0	0	0	0
Other Current Debt	17 000	14 000	15 000	26 000
Total Current Debt	108 000	86 000	218 000	572 000
Total Equity and Debt	4 821 000	4 673 000	4 724 000	4 899 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,14 %	134,93 %	−35,58 %	129,08 %
Debt-to-Equity Ratio	4,32	19,03	−11,83	−8,67
Operating Profit Margin	59,68 %	59,76 %	54,5 %	22,53 %
Current Ratio	9,37	6,97	1,75	0,5
Quick Ratio	9,37	6,97	1,75	0,5
Equity Ratio	0,18	0,05	−0,09	−0,12
Gross Profit Margin	100 %	100 %	100 %	97,74 %