VESTREGATA 28 AS

9008 TROMSØ

Finances

Share Ownership

Return on Equity

−16 %

Current Ratio

3,04

Debt-to-Equity Ratio

−1,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	455 000	438 000	378 000	450 000
Net Income	221 000	174 000	−5 000	96 000
Total Assets	472 000	431 000	370 000	569 000
Total Equity	−1 381 000	−1 603 000	−1 776 000	−1 771 000

Income (NOK)	2022	2021	2020	2019
Revenue	455 000	438 000	378 000	450 000
Expenditure	165 000	215 000	322 000	274 000
Operating Profit	290 000	223 000	57 000	176 000
Financial Income	0	0	0	0
Financial Costs	69 000	49 000	62 000	80 000
Financial Balance	−69 000	−49 000	−62 000	−80 000
Earnings Before Tax	221 000	174 000	−5 000	96 000
Tax	0	0	0	0
Net Income	221 000	174 000	−5 000	96 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	159 000	168 000	215 000	265 000
Total Current Assets	313 000	263 000	155 000	304 000
Total Assets	472 000	431 000	370 000	569 000
Total Retained Equity	−1 481 000	−1 703 000	−1 876 000	−1 871 000
Total Equity	−1 381 000	−1 603 000	−1 776 000	−1 771 000
Total Long-Term Debt	1 750 000	1 917 000	2 083 000	2 250 000
Total Current Debt	103 000	117 000	63 000	90 000
Total Equity and Debt	472 000	431 000	370 000	569 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	455 000	438 000	378 000	450 000
Other Income	0	0	0	0
Revenue	455 000	438 000	378 000	450 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	8 000	48 000	72 000	68 000
Impairment	0	0	0	0
Expenditure	165 000	215 000	322 000	274 000
Operating Profit	290 000	223 000	57 000	176 000
Financial Income	0	0	0	0
Financial Costs	69 000	49 000	62 000	80 000
Financial Balance	−69 000	−49 000	−62 000	−80 000
Dividends	0	0	0	0
Net Income	221 000	174 000	−5 000	96 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	155 000	156 000	197 000	265 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 000	11 000	18 000	0
Total Tangible Assets	159 000	167 000	215 000	265 000
Total Fiancial Fixed Assets	0	1 000	0	0
Total Fixed Assets	159 000	168 000	215 000	265 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	303 000	228 000	148 000	271 000
Total Current Assets	313 000	263 000	155 000	304 000
Total Assets	472 000	431 000	370 000	569 000
Total Equity	−1 381 000	−1 603 000	−1 776 000	−1 771 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 750 000	1 917 000	2 083 000	2 250 000
Creditors	8 000	26 000	0	18 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	95 000	91 000	63 000	72 000
Total Current Debt	103 000	117 000	63 000	90 000
Total Equity and Debt	472 000	431 000	370 000	569 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−16 %	−10,85 %	0,28 %	−5,42 %
Debt-to-Equity Ratio	−1,27	−1,2	−1,17	−1,27
Operating Profit Margin	63,74 %	50,91 %	15,08 %	39,11 %
Current Ratio	3,04	2,25	2,46	3,38
Quick Ratio	3,04	2,25	2,46	3,38
Equity Ratio	−2,93	−3,72	−4,8	−3,11
Gross Profit Margin	100 %	100 %	100 %	100 %