VESTERELVEN TERRASSE AS

1607 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

17 %

Current Ratio

4,2

Debt-to-Equity Ratio

3,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	781 000	1 132 000	576 000	515 000
Net Income	193 000	554 000	60 000	298 000
Total Assets	4 731 000	5 153 000	8 729 000	1 451 000
Total Equity	1 135 000	942 000	388 000	328 000

Income (NOK)	2022	2021	2020	2019
Revenue	781 000	1 132 000	576 000	515 000
Expenditure	431 000	365 000	385 000	158 000
Operating Profit	350 000	767 000	191 000	358 000
Financial Income	2 000	1 000	0	0
Financial Costs	159 000	215 000	131 000	59 000
Financial Balance	−157 000	−214 000	−131 000	−59 000
Earnings Before Tax	193 000	554 000	60 000	298 000
Tax	0	0	0	0
Net Income	193 000	554 000	60 000	298 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 432 000	4 544 000	8 688 000	1 264 000
Total Current Assets	298 000	610 000	41 000	187 000
Total Assets	4 731 000	5 153 000	8 729 000	1 451 000
Total Retained Equity	145 000	−48 000	−602 000	−662 000
Total Equity	1 135 000	942 000	388 000	328 000
Total Long-Term Debt	3 524 000	4 149 000	7 373 000	1 087 000
Total Current Debt	71 000	63 000	968 000	36 000
Total Equity and Debt	4 731 000	5 153 000	8 729 000	1 451 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	781 000	1 132 000	576 000	515 000
Revenue	781 000	1 132 000	576 000	515 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	3 000	0
Depreciation	112 000	112 000	95 000	42 000
Impairment	0	0	0	0
Expenditure	431 000	365 000	385 000	158 000
Operating Profit	350 000	767 000	191 000	358 000
Financial Income	2 000	1 000	0	0
Financial Costs	159 000	215 000	131 000	59 000
Financial Balance	−157 000	−214 000	−131 000	−59 000
Dividends	0	0	0	0
Net Income	193 000	554 000	60 000	298 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 432 000	4 544 000	8 688 000	1 264 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 432 000	4 544 000	8 688 000	1 264 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 432 000	4 544 000	8 688 000	1 264 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	277 000	604 000	37 000	187 000
Total Current Assets	298 000	610 000	41 000	187 000
Total Assets	4 731 000	5 153 000	8 729 000	1 451 000
Total Equity	1 135 000	942 000	388 000	328 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 524 000	4 149 000	7 373 000	1 087 000
Creditors	3 000	5 000	0	−1 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	69 000	58 000	968 000	37 000
Total Current Debt	71 000	63 000	968 000	36 000
Total Equity and Debt	4 731 000	5 153 000	8 729 000	1 451 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17 %	58,81 %	15,46 %	90,85 %
Debt-to-Equity Ratio	3,1	4,4	19	3,31
Operating Profit Margin	44,81 %	67,76 %	33,16 %	69,51 %
Current Ratio	4,2	9,68	0,04	5,19
Quick Ratio	4,2	9,68	0,04	5,19
Equity Ratio	0,24	0,18	0,04	0,23
Gross Profit Margin	100 %	100 %	100 %	100 %