VASSENDEN BORETTSLAG

2750 GRAN

Finances

Share Ownership

Return on Equity

6,22 %

Current Ratio

2,7

Debt-to-Equity Ratio

0,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 243 000	1 243 000	1 243 000	1 243 000
Net Income	490 000	553 000	548 000	597 000
Total Assets	13 716 000	13 727 000	13 699 000	13 614 000
Total Equity	7 880 000	7 390 000	6 837 000	6 289 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 243 000	1 243 000	1 243 000	1 243 000
Expenditure	682 000	604 000	598 000	535 000
Operating Profit	562 000	639 000	645 000	707 000
Financial Income	3 000	1 000	2 000	2 000
Financial Costs	74 000	87 000	99 000	113 000
Financial Balance	−71 000	−86 000	−97 000	−111 000
Earnings Before Tax	490 000	553 000	548 000	597 000
Tax	0	0	0	0
Net Income	490 000	553 000	548 000	597 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 255 000	13 255 000	13 255 000	13 255 000
Total Current Assets	461 000	472 000	444 000	359 000
Total Assets	13 716 000	13 727 000	13 699 000	13 614 000
Total Retained Equity	7 879 000	7 388 000	6 835 000	6 287 000
Total Equity	7 880 000	7 390 000	6 837 000	6 289 000
Total Long-Term Debt	5 665 000	6 174 000	6 671 000	7 156 000
Total Current Debt	171 000	163 000	191 000	169 000
Total Equity and Debt	13 716 000	13 727 000	13 699 000	13 614 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 243 000	1 243 000	1 243 000	1 243 000
Revenue	1 243 000	1 243 000	1 243 000	1 243 000
Cost of Goods Sold	0	0	0	0
Salary Costs	23 000	23 000	11 000	11 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	682 000	604 000	598 000	535 000
Operating Profit	562 000	639 000	645 000	707 000
Financial Income	3 000	1 000	2 000	2 000
Financial Costs	74 000	87 000	99 000	113 000
Financial Balance	−71 000	−86 000	−97 000	−111 000
Dividends	0	0	0	0
Net Income	490 000	553 000	548 000	597 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	13 255 000	13 255 000	13 255 000	13 255 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	13 255 000	13 255 000	13 255 000	13 255 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 255 000	13 255 000	13 255 000	13 255 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	461 000	469 000	429 000	359 000
Total Current Assets	461 000	472 000	444 000	359 000
Total Assets	13 716 000	13 727 000	13 699 000	13 614 000
Total Equity	7 880 000	7 390 000	6 837 000	6 289 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 665 000	6 174 000	6 671 000	7 156 000
Creditors	24 000	14 000	42 000	22 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	2 000	2 000	0
Total Current Debt	171 000	163 000	191 000	169 000
Total Equity and Debt	13 716 000	13 727 000	13 699 000	13 614 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,22 %	7,48 %	8,02 %	9,49 %
Debt-to-Equity Ratio	0,72	0,84	0,98	1,14
Operating Profit Margin	45,21 %	51,41 %	51,89 %	56,88 %
Current Ratio	2,7	2,9	2,32	2,12
Quick Ratio	2,7	2,9	2,32	2,12
Equity Ratio	0,57	0,54	0,5	0,46
Gross Profit Margin	100 %	100 %	100 %	100 %