VESTSIDEN EIENDOM AS

9841 TANA

Finances

Share Ownership

Return on Equity

0,4 %

Current Ratio

29,37

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 000	0	6 704 000	521 000
Net Income	18 000	−30 000	5 228 000	158 000
Total Assets	5 344 000	6 543 000	7 829 000	1 607 000
Total Equity	4 464 000	4 447 000	6 477 000	1 248 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 000	0	6 704 000	521 000
Expenditure	60 000	68 000	119 000	279 000
Operating Profit	−31 000	−68 000	6 585 000	242 000
Financial Income	54 000	30 000	1 000	0
Financial Costs	0	0	3 000	22 000
Financial Balance	54 000	30 000	−2 000	−22 000
Earnings Before Tax	22 000	−38 000	6 583 000	220 000
Tax	5 000	−8 000	1 355 000	63 000
Net Income	18 000	−30 000	5 228 000	158 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	117 000	157 000	197 000	1 456 000
Total Current Assets	5 227 000	6 386 000	7 632 000	151 000
Total Assets	5 344 000	6 543 000	7 829 000	1 607 000
Total Retained Equity	4 427 000	4 410 000	6 440 000	1 211 000
Total Equity	4 464 000	4 447 000	6 477 000	1 248 000
Total Long-Term Debt	702 000	880 000	1 100 000	287 000
Total Current Debt	178 000	1 216 000	253 000	71 000
Total Equity and Debt	5 344 000	6 543 000	7 829 000	1 607 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 000	0	0	0
Other Income	0	0	6 704 000	521 000
Revenue	29 000	0	6 704 000	521 000
Cost of Goods Sold	0	0	17 000	0
Salary Costs	0	0	0	0
Depreciation	40 000	40 000	18 000	153 000
Impairment	0	0	0	0
Expenditure	60 000	68 000	119 000	279 000
Operating Profit	−31 000	−68 000	6 585 000	242 000
Financial Income	54 000	30 000	1 000	0
Financial Costs	0	0	3 000	22 000
Financial Balance	54 000	30 000	−2 000	−22 000
Dividends	0	2 000 000	0	0
Net Income	18 000	−30 000	5 228 000	158 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	1 410 000
Machinery and Plant Facilities	117 000	157 000	197 000	0
Fixtures	0	0	0	46 000
Total Tangible Assets	117 000	157 000	197 000	1 456 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	117 000	157 000	197 000	1 456 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 189 000	6 347 000	7 595 000	151 000
Total Current Assets	5 227 000	6 386 000	7 632 000	151 000
Total Assets	5 344 000	6 543 000	7 829 000	1 607 000
Total Equity	4 464 000	4 447 000	6 477 000	1 248 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	702 000	880 000	1 100 000	287 000
Creditors	−5 000	5 000	−2 000	0
Unpaid Taxes	0	0	0	9 000
Dividends	0	2 000 000	0	0
Other Current Debt	0	1 000 000	0	0
Total Current Debt	178 000	1 216 000	253 000	71 000
Total Equity and Debt	5 344 000	6 543 000	7 829 000	1 607 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,4 %	−0,67 %	80,72 %	12,66 %
Debt-to-Equity Ratio	0,16	0,2	0,17	0,23
Operating Profit Margin	−106,9 %	-	98,22 %	46,45 %
Current Ratio	29,37	5,25	30,17	2,13
Quick Ratio	29,37	5,25	30,17	2,13
Equity Ratio	0,84	0,68	0,83	0,78
Gross Profit Margin	100 %	-	99,75 %	100 %