VEDAVÅGEN FRYSERI EIENDOM AS

4275 SÆVELANDSVIK

Finances

Share Ownership

Return on Equity

3,4 %

Current Ratio

6,42

Debt-to-Equity Ratio

4,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	360 000	320 000	311 000	211 000
Net Income	7 000	−130 000	−46 000	−331 000
Total Assets	1 143 000	1 218 000	1 390 000	1 726 000
Total Equity	206 000	199 000	329 000	375 000

Income (NOK)	2022	2021	2020	2019
Revenue	360 000	320 000	311 000	211 000
Expenditure	308 000	447 000	327 000	606 000
Operating Profit	53 000	−127 000	−16 000	−395 000
Financial Income	2 000	0	0	1 000
Financial Costs	45 000	39 000	43 000	30 000
Financial Balance	−43 000	−39 000	−43 000	−29 000
Earnings Before Tax	9 000	−166 000	−59 000	−424 000
Tax	2 000	−37 000	−13 000	−93 000
Net Income	7 000	−130 000	−46 000	−331 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	931 000	945 000	936 000	974 000
Total Current Assets	212 000	273 000	455 000	753 000
Total Assets	1 143 000	1 218 000	1 390 000	1 726 000
Total Retained Equity	6 000	−1 000	129 000	175 000
Total Equity	206 000	199 000	329 000	375 000
Total Long-Term Debt	904 000	938 000	994 000	1 046 000
Total Current Debt	33 000	81 000	68 000	306 000
Total Equity and Debt	1 143 000	1 218 000	1 390 000	1 726 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	248 000	50 000	179 000	137 000
Other Income	113 000	270 000	132 000	74 000
Revenue	360 000	320 000	311 000	211 000
Cost of Goods Sold	3 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	12 000	27 000	51 000	63 000
Impairment	0	0	0	0
Expenditure	308 000	447 000	327 000	606 000
Operating Profit	53 000	−127 000	−16 000	−395 000
Financial Income	2 000	0	0	1 000
Financial Costs	45 000	39 000	43 000	30 000
Financial Balance	−43 000	−39 000	−43 000	−29 000
Dividends	0	0	0	0
Net Income	7 000	−130 000	−46 000	−331 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	244 000	246 000	210 000	197 000
Real Eastate	437 000	699 000	711 000	747 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	250 000	0	15 000	30 000
Total Tangible Assets	687 000	699 000	726 000	777 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	931 000	945 000	936 000	974 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	207 000	241 000	414 000	606 000
Total Current Assets	212 000	273 000	455 000	753 000
Total Assets	1 143 000	1 218 000	1 390 000	1 726 000
Total Equity	206 000	199 000	329 000	375 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	904 000	938 000	994 000	1 046 000
Creditors	13 000	31 000	38 000	281 000
Unpaid Taxes	0	0	5 000	0
Dividends	0	0	0	0
Other Current Debt	20 000	50 000	25 000	25 000
Total Current Debt	33 000	81 000	68 000	306 000
Total Equity and Debt	1 143 000	1 218 000	1 390 000	1 726 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,4 %	−65,33 %	−13,98 %	−88,27 %
Debt-to-Equity Ratio	4,39	4,71	3,02	2,79
Operating Profit Margin	14,72 %	−39,69 %	−5,14 %	−187,2 %
Current Ratio	6,42	3,37	6,69	2,46
Quick Ratio	6,42	3,37	6,69	2,46
Equity Ratio	0,18	0,16	0,24	0,22
Gross Profit Margin	99,17 %	100 %	100 %	100 %