VESTLIA HOVTUN BORETTSLAG

3015 DRAMMEN

Finances

Share Ownership

Return on Equity

12,21 %

Current Ratio

2,3

Debt-to-Equity Ratio

2,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 640 000	2 781 000	2 923 000	2 900 000
Net Income	1 641 000	1 962 000	1 863 000	1 730 000
Total Assets	49 236 000	49 205 000	48 863 000	48 442 000
Total Equity	13 440 000	11 249 000	9 287 000	7 424 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 640 000	2 781 000	2 923 000	2 900 000
Expenditure	1 313 000	937 000	958 000	1 003 000
Operating Profit	1 824 000	2 131 000	2 205 000	2 115 000
Financial Income	19 000	1 000	3 000	4 000
Financial Costs	202 000	170 000	345 000	389 000
Financial Balance	−183 000	−169 000	−342 000	−385 000
Earnings Before Tax	1 641 000	1 962 000	1 863 000	1 730 000
Tax	0	0	0	0
Net Income	1 641 000	1 962 000	1 863 000	1 730 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	48 033 000	47 880 000	47 879 000	47 878 000
Total Current Assets	1 203 000	1 325 000	984 000	564 000
Total Assets	49 236 000	49 205 000	48 863 000	48 442 000
Total Retained Equity	13 438 000	11 246 000	9 284 000	7 421 000
Total Equity	13 440 000	11 249 000	9 287 000	7 424 000
Total Long-Term Debt	35 273 000	37 497 000	39 207 000	40 828 000
Total Current Debt	522 000	459 000	370 000	190 000
Total Equity and Debt	49 236 000	49 205 000	48 863 000	48 442 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 137 000	3 069 000	3 162 000	3 119 000
Revenue	2 640 000	2 781 000	2 923 000	2 900 000
Cost of Goods Sold	0	0	0	0
Salary Costs	91 000	91 000	134 000	91 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 313 000	937 000	958 000	1 003 000
Operating Profit	1 824 000	2 131 000	2 205 000	2 115 000
Financial Income	19 000	1 000	3 000	4 000
Financial Costs	202 000	170 000	345 000	389 000
Financial Balance	−183 000	−169 000	−342 000	−385 000
Dividends	0	0	0	0
Net Income	1 641 000	1 962 000	1 863 000	1 730 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	47 701 000	47 701 000	47 701 000	47 701 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	47 701 000	47 701 000	47 701 000	47 701 000
Total Fiancial Fixed Assets	331 000	178 000	177 000	176 000
Total Fixed Assets	48 033 000	47 880 000	47 879 000	47 878 000
Stock	0	0	0	0
Total Investments	362 000	390 000	0	0
Cash, Bank	720 000	802 000	829 000	383 000
Total Current Assets	1 203 000	1 325 000	984 000	564 000
Total Assets	49 236 000	49 205 000	48 863 000	48 442 000
Total Equity	13 440 000	11 249 000	9 287 000	7 424 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	35 273 000	37 497 000	39 207 000	40 828 000
Creditors	0	48 000	118 000	43 000
Unpaid Taxes	0	0	20 000	0
Dividends	0	0	0	0
Other Current Debt	522 000	411 000	232 000	147 000
Total Current Debt	522 000	459 000	370 000	190 000
Total Equity and Debt	49 236 000	49 205 000	48 863 000	48 442 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,21 %	17,44 %	20,06 %	23,3 %
Debt-to-Equity Ratio	2,62	3,33	4,22	5,5
Operating Profit Margin	69,09 %	76,63 %	75,44 %	72,93 %
Current Ratio	2,3	2,89	2,66	2,97
Quick Ratio	2,3	2,89	2,66	2,97
Equity Ratio	0,27	0,23	0,19	0,15
Gross Profit Margin	100 %	100 %	100 %	100 %