VESTERÅSVEIEN BORETTSLAG

3916 PORSGRUNN

Finances

Share Ownership

Return on Equity

7,46 %

Current Ratio

3,94

Debt-to-Equity Ratio

0,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	900 000	886 000	881 000	864 000
Net Income	495 000	454 000	460 000	478 000
Total Assets	12 493 000	12 425 000	12 398 000	12 363 000
Total Equity	6 637 000	6 142 000	5 687 000	5 227 000

Income (NOK)	2022	2021	2020	2019
Revenue	900 000	886 000	881 000	864 000
Expenditure	395 000	418 000	383 000	342 000
Operating Profit	505 000	468 000	498 000	522 000
Financial Income	2 000	1 000	3 000	5 000
Financial Costs	12 000	15 000	41 000	50 000
Financial Balance	−10 000	−14 000	−38 000	−45 000
Earnings Before Tax	495 000	454 000	460 000	478 000
Tax	0	0	0	0
Net Income	495 000	454 000	460 000	478 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 228 000	12 227 000	12 181 000	12 200 000
Total Current Assets	264 000	198 000	217 000	162 000
Total Assets	12 493 000	12 425 000	12 398 000	12 363 000
Total Retained Equity	6 636 000	6 141 000	5 686 000	5 226 000
Total Equity	6 637 000	6 142 000	5 687 000	5 227 000
Total Long-Term Debt	5 789 000	6 227 000	6 662 000	7 081 000
Total Current Debt	67 000	57 000	50 000	55 000
Total Equity and Debt	12 493 000	12 425 000	12 398 000	12 363 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	900 000	886 000	881 000	864 000
Revenue	900 000	886 000	881 000	864 000
Cost of Goods Sold	0	0	0	0
Salary Costs	26 000	28 000	23 000	23 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	395 000	418 000	383 000	342 000
Operating Profit	505 000	468 000	498 000	522 000
Financial Income	2 000	1 000	3 000	5 000
Financial Costs	12 000	15 000	41 000	50 000
Financial Balance	−10 000	−14 000	−38 000	−45 000
Dividends	0	0	0	0
Net Income	495 000	454 000	460 000	478 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 921 000	11 921 000	11 921 000	11 921 000
Machinery and Plant Facilities	0	0	0	21 000
Fixtures	0	0	0	0
Total Tangible Assets	11 921 000	11 921 000	11 921 000	11 942 000
Total Fiancial Fixed Assets	307 000	306 000	260 000	259 000
Total Fixed Assets	12 228 000	12 227 000	12 181 000	12 200 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	208 000	146 000	165 000	124 000
Total Current Assets	264 000	198 000	217 000	162 000
Total Assets	12 493 000	12 425 000	12 398 000	12 363 000
Total Equity	6 637 000	6 142 000	5 687 000	5 227 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 789 000	6 227 000	6 662 000	7 081 000
Creditors	68 000	53 000	50 000	46 000
Unpaid Taxes	0	1 000	0	0
Dividends	0	0	0	0
Other Current Debt	−1 000	3 000	0	9 000
Total Current Debt	67 000	57 000	50 000	55 000
Total Equity and Debt	12 493 000	12 425 000	12 398 000	12 363 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,46 %	7,39 %	8,09 %	9,14 %
Debt-to-Equity Ratio	0,87	1,01	1,17	1,35
Operating Profit Margin	56,11 %	52,82 %	56,53 %	60,42 %
Current Ratio	3,94	3,47	4,34	2,95
Quick Ratio	3,94	3,47	4,34	2,95
Equity Ratio	0,53	0,49	0,46	0,42
Gross Profit Margin	100 %	100 %	100 %	100 %