VESTHAGEN BORETTSLAG

4020 STAVANGER

Finances

Share Ownership

Return on Equity

8,83 %

Current Ratio

9,19

Debt-to-Equity Ratio

1,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 236 000	3 798 000	2 408 000	2 361 000
Net Income	1 301 000	2 673 000	1 500 000	1 361 000
Total Assets	29 781 000	29 649 000	30 348 000	30 188 000
Total Equity	14 738 000	13 437 000	10 764 000	9 264 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 236 000	3 798 000	2 408 000	2 361 000
Expenditure	838 000	1 041 000	714 000	656 000
Operating Profit	1 398 000	2 757 000	1 694 000	1 705 000
Financial Income	21 000	17 000	18 000	4 000
Financial Costs	117 000	101 000	212 000	348 000
Financial Balance	−96 000	−84 000	−194 000	−344 000
Earnings Before Tax	1 301 000	2 673 000	1 500 000	1 361 000
Tax	0	0	0	0
Net Income	1 301 000	2 673 000	1 500 000	1 361 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 833 000	28 803 000	28 803 000	28 803 000
Total Current Assets	947 000	846 000	1 545 000	1 385 000
Total Assets	29 781 000	29 649 000	30 348 000	30 188 000
Total Retained Equity	14 735 000	13 434 000	10 761 000	9 261 000
Total Equity	14 738 000	13 437 000	10 764 000	9 264 000
Total Long-Term Debt	14 939 000	16 034 000	18 876 000	20 214 000
Total Current Debt	103 000	178 000	709 000	711 000
Total Equity and Debt	29 781 000	29 649 000	30 348 000	30 188 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 236 000	3 798 000	2 408 000	2 361 000
Revenue	2 236 000	3 798 000	2 408 000	2 361 000
Cost of Goods Sold	0	0	0	0
Salary Costs	40 000	39 000	40 000	40 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	838 000	1 041 000	714 000	656 000
Operating Profit	1 398 000	2 757 000	1 694 000	1 705 000
Financial Income	21 000	17 000	18 000	4 000
Financial Costs	117 000	101 000	212 000	348 000
Financial Balance	−96 000	−84 000	−194 000	−344 000
Dividends	0	0	0	0
Net Income	1 301 000	2 673 000	1 500 000	1 361 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	28 803 000	28 803 000	28 803 000	28 803 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	28 803 000	28 803 000	28 803 000	28 803 000
Total Fiancial Fixed Assets	30 000	0	0	0
Total Fixed Assets	28 833 000	28 803 000	28 803 000	28 803 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	947 000	846 000	1 545 000	1 385 000
Total Current Assets	947 000	846 000	1 545 000	1 385 000
Total Assets	29 781 000	29 649 000	30 348 000	30 188 000
Total Equity	14 738 000	13 437 000	10 764 000	9 264 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 939 000	16 034 000	18 876 000	20 214 000
Creditors	9 000	87 000	10 000	13 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	6 000	0
Total Current Debt	103 000	178 000	709 000	711 000
Total Equity and Debt	29 781 000	29 649 000	30 348 000	30 188 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,83 %	19,89 %	13,94 %	14,69 %
Debt-to-Equity Ratio	1,01	1,19	1,75	2,18
Operating Profit Margin	62,52 %	72,59 %	70,35 %	72,22 %
Current Ratio	9,19	4,75	2,18	1,95
Quick Ratio	9,19	4,75	2,18	1,95
Equity Ratio	0,49	0,45	0,35	0,31
Gross Profit Margin	100 %	100 %	100 %	100 %