VESTFOSSEN EIENDOM AS

1395 HVALSTAD

Finances

Share Ownership

Return on Equity

−18,93 %

Current Ratio

0,06

Debt-to-Equity Ratio

1,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	345 000	315 000	157 000	8 000
Net Income	−138 000	169 000	2 000	−104 000
Total Assets	4 584 000	3 263 000	3 217 000	3 219 000
Total Equity	729 000	866 000	697 000	695 000

Income (NOK)	2022	2021	2020	2019
Revenue	345 000	315 000	157 000	8 000
Expenditure	448 000	50 000	111 000	377 000
Operating Profit	−102 000	266 000	46 000	−369 000
Financial Income	0	0	0	0
Financial Costs	74 000	49 000	43 000	59 000
Financial Balance	−74 000	−49 000	−43 000	−59 000
Earnings Before Tax	−177 000	217 000	3 000	−428 000
Tax	−39 000	48 000	1 000	−325 000
Net Income	−138 000	169 000	2 000	−104 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 418 000	3 200 000	3 200 000	3 200 000
Total Current Assets	166 000	63 000	17 000	19 000
Total Assets	4 584 000	3 263 000	3 217 000	3 219 000
Total Retained Equity	629 000	766 000	597 000	595 000
Total Equity	729 000	866 000	697 000	695 000
Total Long-Term Debt	1 284 000	1 382 000	1 392 000	1 449 000
Total Current Debt	2 571 000	1 015 000	1 127 000	1 075 000
Total Equity and Debt	4 584 000	3 263 000	3 217 000	3 219 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	345 000	315 000	157 000	8 000
Revenue	345 000	315 000	157 000	8 000
Cost of Goods Sold	112 000	2 000	0	52 000
Salary Costs	106 000	0	0	0
Depreciation	34 000	0	0	0
Impairment	0	0	0	0
Expenditure	448 000	50 000	111 000	377 000
Operating Profit	−102 000	266 000	46 000	−369 000
Financial Income	0	0	0	0
Financial Costs	74 000	49 000	43 000	59 000
Financial Balance	−74 000	−49 000	−43 000	−59 000
Dividends	0	0	0	0
Net Income	−138 000	169 000	2 000	−104 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 312 000	3 200 000	3 200 000	3 200 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	106 000	0	0	0
Total Tangible Assets	4 418 000	3 200 000	3 200 000	3 200 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 418 000	3 200 000	3 200 000	3 200 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	144 000	63 000	17 000	19 000
Total Current Assets	166 000	63 000	17 000	19 000
Total Assets	4 584 000	3 263 000	3 217 000	3 219 000
Total Equity	729 000	866 000	697 000	695 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 284 000	1 382 000	1 392 000	1 449 000
Creditors	139 000	−37 000	43 000	126 000
Unpaid Taxes	30 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 403 000	1 053 000	1 158 000	949 000
Total Current Debt	2 571 000	1 015 000	1 127 000	1 075 000
Total Equity and Debt	4 584 000	3 263 000	3 217 000	3 219 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−18,93 %	19,52 %	0,29 %	−14,96 %
Debt-to-Equity Ratio	1,76	1,6	2	2,08
Operating Profit Margin	−29,57 %	84,44 %	29,3 %	−4 612,5 %
Current Ratio	0,06	0,06	0,02	0,02
Quick Ratio	0,06	0,06	0,02	0,02
Equity Ratio	0,16	0,27	0,22	0,22
Gross Profit Margin	67,54 %	99,37 %	100 %	−550 %