VESTFJORDGATA 94 AS

8300 SVOLVÆR

Finances

Share Ownership

Return on Equity

−229,68 %

Current Ratio

0,72

Debt-to-Equity Ratio

3,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	124 000	97 000	8 871 000	78 000
Net Income	−650 000	−255 000	6 221 000	−8 000
Total Assets	1 393 000	2 382 000	8 147 000	465 000
Total Equity	283 000	933 000	6 188 000	396 000

Income (NOK)	2022	2021	2020	2019
Revenue	124 000	97 000	8 871 000	78 000
Expenditure	958 000	426 000	895 000	88 000
Operating Profit	−834 000	−329 000	7 976 000	−10 000
Financial Income	1 000	2 000	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	2 000	0	0
Earnings Before Tax	−833 000	−327 000	7 976 000	−10 000
Tax	−183 000	−72 000	1 755 000	−2 000
Net Income	−650 000	−255 000	6 221 000	−8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 278 000	1 214 000	195 000	364 000
Total Current Assets	115 000	1 169 000	7 952 000	100 000
Total Assets	1 393 000	2 382 000	8 147 000	465 000
Total Retained Equity	0	649 000	5 904 000	−14 000
Total Equity	283 000	933 000	6 188 000	396 000
Total Long-Term Debt	950 000	1 192 000	1 484 000	24 000
Total Current Debt	160 000	258 000	475 000	45 000
Total Equity and Debt	1 393 000	2 382 000	8 147 000	465 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	124 000	90 000	0	0
Other Income	0	8 000	8 871 000	78 000
Revenue	124 000	97 000	8 871 000	78 000
Cost of Goods Sold	3 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 000	0	0	4 000
Impairment	0	0	0	0
Expenditure	958 000	426 000	895 000	88 000
Operating Profit	−834 000	−329 000	7 976 000	−10 000
Financial Income	1 000	2 000	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	2 000	0	0
Dividends	0	0	0	0
Net Income	−650 000	−255 000	6 221 000	−8 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	278 000	214 000	195 000	288 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	76 000
Total Tangible Assets	278 000	214 000	195 000	364 000
Total Fiancial Fixed Assets	1 000 000	1 000 000	0	0
Total Fixed Assets	1 278 000	1 214 000	195 000	364 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	92 000	1 162 000	7 932 000	44 000
Total Current Assets	115 000	1 169 000	7 952 000	100 000
Total Assets	1 393 000	2 382 000	8 147 000	465 000
Total Equity	283 000	933 000	6 188 000	396 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	950 000	1 192 000	1 484 000	24 000
Creditors	45 000	32 000	71 000	43 000
Unpaid Taxes	7 000	5 000	25 000	0
Dividends	0	0	0	0
Other Current Debt	50 000	0	116 000	2 000
Total Current Debt	160 000	258 000	475 000	45 000
Total Equity and Debt	1 393 000	2 382 000	8 147 000	465 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−229,68 %	−27,33 %	100,53 %	−2,02 %
Debt-to-Equity Ratio	3,36	1,28	0,24	0,06
Operating Profit Margin	−672,58 %	−339,18 %	89,91 %	−12,82 %
Current Ratio	0,72	4,53	16,74	2,22
Quick Ratio	0,72	4,53	16,74	2,22
Equity Ratio	0,2	0,39	0,76	0,85
Gross Profit Margin	97,58 %	100 %	100 %	100 %