VESTLAND HØGRE

5017 BERGEN

Finances

Share Ownership

Return on Equity

−11,82 %

Current Ratio

5,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	4 810 000	4 687 000	2 362 000
Net Income	−640 000	−1 555 000	−600 000
Total Assets	5 808 000	6 544 000	8 030 000
Total Equity	5 414 000	6 054 000	7 609 000

Income (NOK)	2022	2021	2020
Revenue	4 810 000	4 687 000	2 362 000
Expenditure	5 450 000	6 245 000	2 975 000
Operating Profit	−641 000	−1 559 000	−613 000
Financial Income	2 000	5 000	16 000
Financial Costs	1 000	0	2 000
Financial Balance	1 000	5 000	14 000
Earnings Before Tax	−640 000	−1 555 000	−600 000
Tax	0	0	0
Net Income	−640 000	−1 555 000	−600 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	3 834 000	3 923 000	3 647 000
Total Current Assets	1 973 000	2 621 000	4 383 000
Total Assets	5 808 000	6 544 000	8 030 000
Total Retained Equity	5 414 000	6 054 000	7 609 000
Total Equity	5 414 000	6 054 000	7 609 000
Total Long-Term Debt	0	0	0
Total Current Debt	394 000	490 000	422 000
Total Equity and Debt	5 808 000	6 544 000	8 030 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	4 810 000	4 687 000	2 362 000
Revenue	4 810 000	4 687 000	2 362 000
Cost of Goods Sold	71 000	1 968 000	74 000
Salary Costs	2 609 000	2 573 000	2 291 000
Depreciation	118 000	113 000	92 000
Impairment	0	0	0
Expenditure	5 450 000	6 245 000	2 975 000
Operating Profit	−641 000	−1 559 000	−613 000
Financial Income	2 000	5 000	16 000
Financial Costs	1 000	0	2 000
Financial Balance	1 000	5 000	14 000
Dividends	0	0	0
Net Income	−640 000	−1 555 000	−600 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	3 435 000	3 505 000	3 268 000
Machinery and Plant Facilities	0	0	0
Fixtures	100 000	119 000	80 000
Total Tangible Assets	3 535 000	3 624 000	3 348 000
Total Fiancial Fixed Assets	299 000	299 000	299 000
Total Fixed Assets	3 834 000	3 923 000	3 647 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 510 000	2 138 000	3 550 000
Total Current Assets	1 973 000	2 621 000	4 383 000
Total Assets	5 808 000	6 544 000	8 030 000
Total Equity	5 414 000	6 054 000	7 609 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	56 000	2 000	0
Unpaid Taxes	140 000	238 000	169 000
Dividends	0	0	0
Other Current Debt	198 000	251 000	252 000
Total Current Debt	394 000	490 000	422 000
Total Equity and Debt	5 808 000	6 544 000	8 030 000

Financial indicators	2022	2021	2020
Return on Equity	−11,82 %	−25,69 %	−7,89 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	−13,33 %	−33,26 %	−25,95 %
Current Ratio	5,01	5,35	10,39
Quick Ratio	5,01	5,35	10,39
Equity Ratio	0,93	0,93	0,95
Gross Profit Margin	98,52 %	58,01 %	96,87 %