VANNFRONTEN EIENDOM AS

3674 NOTODDEN

Finances

Return on Equity

−9,04 %

Current Ratio

0,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	212 000	328 000	8 684 000	245 000
Net Income	−635 000	−9 501 000	7 418 000	−616 000
Total Assets	11 862 000	14 218 000	21 320 000	14 119 000
Total Equity	7 021 000	1 156 000	10 657 000	3 239 000

Income (NOK)	2022	2021	2020	2019
Revenue	212 000	328 000	8 684 000	245 000
Expenditure	135 000	9 199 000	597 000	245 000
Operating Profit	77 000	−8 871 000	8 088 000	0
Financial Income	2 000	5 000	3 000	0
Financial Costs	714 000	635 000	673 000	616 000
Financial Balance	−712 000	−630 000	−670 000	−616 000
Earnings Before Tax	−635 000	−9 501 000	7 418 000	−616 000
Tax	0	0	0	0
Net Income	−635 000	−9 501 000	7 418 000	−616 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 753 000	11 337 000	11 337 000	14 119 000
Total Current Assets	109 000	2 881 000	9 983 000	0
Total Assets	11 862 000	14 218 000	21 320 000	14 119 000
Total Retained Equity	−24 479 000	−23 844 000	−14 343 000	−21 761 000
Total Equity	7 021 000	1 156 000	10 657 000	3 239 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 841 000	13 062 000	10 663 000	10 880 000
Total Equity and Debt	11 862 000	14 218 000	21 320 000	14 119 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	122 000	387 000	245 000
Other Income	212 000	206 000	8 297 000	0
Revenue	212 000	328 000	8 684 000	245 000
Cost of Goods Sold	0	8 921 000	0	0
Salary Costs	23 000	0	40 000	40 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	135 000	9 199 000	597 000	245 000
Operating Profit	77 000	−8 871 000	8 088 000	0
Financial Income	2 000	5 000	3 000	0
Financial Costs	714 000	635 000	673 000	616 000
Financial Balance	−712 000	−630 000	−670 000	−616 000
Dividends	0	0	0	0
Net Income	−635 000	−9 501 000	7 418 000	−616 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 753 000	11 337 000	11 337 000	14 119 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	11 753 000	11 337 000	11 337 000	14 119 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 753 000	11 337 000	11 337 000	14 119 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	109 000	2 881 000	9 983 000	0
Total Assets	11 862 000	14 218 000	21 320 000	14 119 000
Total Equity	7 021 000	1 156 000	10 657 000	3 239 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	72 000	22 000	58 000	35 000
Unpaid Taxes	−107 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	423 000	3 087 000	810 000	789 000
Total Current Debt	4 841 000	13 062 000	10 663 000	10 880 000
Total Equity and Debt	11 862 000	14 218 000	21 320 000	14 119 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,04 %	−821,89 %	69,61 %	−19,02 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	36,32 %	−2 704,57 %	93,14 %	0 %
Current Ratio	0,02	0,22	0,94	0
Quick Ratio	0,02	0,22	0,94	0
Equity Ratio	0,59	0,08	0,5	0,23
Gross Profit Margin	100 %	−2 619,82 %	100 %	100 %