VASSENDEN INVESTERINGER AS

2821 GJØVIK

Finances

Share Ownership

Return on Equity

8,06 %

Current Ratio

3,36

Debt-to-Equity Ratio

2,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 604 000	6 449 000	6 162 000	5 598 000
Net Income	1 031 000	1 389 000	1 329 000	157 000
Total Assets	47 414 000	48 069 000	48 555 000	52 812 000
Total Equity	12 791 000	11 760 000	10 371 000	9 042 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 604 000	6 449 000	6 162 000	5 598 000
Expenditure	4 124 000	3 976 000	3 393 000	4 246 000
Operating Profit	2 480 000	2 474 000	2 769 000	1 352 000
Financial Income	6 000	7 000	23 000	8 000
Financial Costs	1 164 000	700 000	1 089 000	1 158 000
Financial Balance	−1 158 000	−693 000	−1 066 000	−1 150 000
Earnings Before Tax	1 322 000	1 781 000	1 704 000	201 000
Tax	291 000	392 000	375 000	44 000
Net Income	1 031 000	1 389 000	1 329 000	157 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	43 350 000	44 885 000	46 429 000	47 973 000
Total Current Assets	4 064 000	3 184 000	2 126 000	4 838 000
Total Assets	47 414 000	48 069 000	48 555 000	52 812 000
Total Retained Equity	11 491 000	10 460 000	9 071 000	7 742 000
Total Equity	12 791 000	11 760 000	10 371 000	9 042 000
Total Long-Term Debt	33 414 000	35 388 000	37 338 000	42 910 000
Total Current Debt	1 209 000	921 000	847 000	860 000
Total Equity and Debt	47 414 000	48 069 000	48 555 000	52 812 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	36 000	−20 000	151 000	0
Other Income	6 568 000	6 469 000	6 011 000	5 598 000
Revenue	6 604 000	6 449 000	6 162 000	5 598 000
Cost of Goods Sold	0	0	0	0
Salary Costs	398 000	430 000	397 000	384 000
Depreciation	1 535 000	1 544 000	1 545 000	1 345 000
Impairment	0	0	0	0
Expenditure	4 124 000	3 976 000	3 393 000	4 246 000
Operating Profit	2 480 000	2 474 000	2 769 000	1 352 000
Financial Income	6 000	7 000	23 000	8 000
Financial Costs	1 164 000	700 000	1 089 000	1 158 000
Financial Balance	−1 158 000	−693 000	−1 066 000	−1 150 000
Dividends	0	0	0	0
Net Income	1 031 000	1 389 000	1 329 000	157 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	43 350 000	44 885 000	46 420 000	47 954 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	9 000	19 000
Total Tangible Assets	43 350 000	44 885 000	46 429 000	47 973 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	43 350 000	44 885 000	46 429 000	47 973 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 803 000	2 974 000	1 860 000	4 772 000
Total Current Assets	4 064 000	3 184 000	2 126 000	4 838 000
Total Assets	47 414 000	48 069 000	48 555 000	52 812 000
Total Equity	12 791 000	11 760 000	10 371 000	9 042 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	33 414 000	35 388 000	37 338 000	42 910 000
Creditors	358 000	163 000	196 000	346 000
Unpaid Taxes	64 000	110 000	40 000	77 000
Dividends	0	0	0	0
Other Current Debt	473 000	257 000	308 000	437 000
Total Current Debt	1 209 000	921 000	847 000	860 000
Total Equity and Debt	47 414 000	48 069 000	48 555 000	52 812 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,06 %	11,81 %	12,81 %	1,74 %
Debt-to-Equity Ratio	2,61	3,01	3,6	4,75
Operating Profit Margin	37,55 %	38,36 %	44,94 %	24,15 %
Current Ratio	3,36	3,46	2,51	5,63
Quick Ratio	3,36	3,46	2,51	5,63
Equity Ratio	0,27	0,24	0,21	0,17
Gross Profit Margin	100 %	100 %	100 %	100 %