VESTSIDEN HAGEBY I BORETTSLAG

3717 SKIEN

Finances

Share Ownership

Return on Equity

−30,61 %

Current Ratio

3,96

Debt-to-Equity Ratio

3,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 144 000	1 623 000	1 789 000	1 729 000
Net Income	−1 756 000	435 000	900 000	843 000
Total Assets	30 129 000	30 677 000	29 476 000	29 446 000
Total Equity	5 736 000	7 492 000	7 056 000	6 156 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 144 000	1 623 000	1 789 000	1 729 000
Expenditure	2 571 000	861 000	589 000	567 000
Operating Profit	−1 428 000	554 000	1 120 000	1 079 000
Financial Income	18 000	2 000	4 000	10 000
Financial Costs	346 000	120 000	224 000	246 000
Financial Balance	−328 000	−118 000	−220 000	−236 000
Earnings Before Tax	−1 756 000	644 000	980 000	926 000
Tax	0	0	0	0
Net Income	−1 756 000	435 000	900 000	843 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 882 000	28 907 000	28 758 000	28 758 000
Total Current Assets	1 246 000	1 771 000	718 000	688 000
Total Assets	30 129 000	30 677 000	29 476 000	29 446 000
Total Retained Equity	5 736 000	7 492 000	7 056 000	6 156 000
Total Equity	5 736 000	7 492 000	7 056 000	6 156 000
Total Long-Term Debt	22 740 000	22 740 000	22 202 000	23 078 000
Total Current Debt	315 000	446 000	218 000	212 000
Total Equity and Debt	30 129 000	30 677 000	29 476 000	29 446 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 144 000	1 623 000	1 789 000	1 729 000
Revenue	1 144 000	1 623 000	1 789 000	1 729 000
Cost of Goods Sold	0	0	0	0
Salary Costs	46 000	38 000	37 000	39 000
Depreciation	24 000	15 000	0	0
Impairment	0	0	0	0
Expenditure	2 571 000	861 000	589 000	567 000
Operating Profit	−1 428 000	554 000	1 120 000	1 079 000
Financial Income	18 000	2 000	4 000	10 000
Financial Costs	346 000	120 000	224 000	246 000
Financial Balance	−328 000	−118 000	−220 000	−236 000
Dividends	0	0	0	0
Net Income	−1 756 000	435 000	900 000	843 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	28 808 000	28 824 000	28 758 000	28 758 000
Machinery and Plant Facilities	74 000	83 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	28 882 000	28 907 000	28 758 000	28 758 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	28 882 000	28 907 000	28 758 000	28 758 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	969 000	1 479 000	516 000	485 000
Total Current Assets	1 246 000	1 771 000	718 000	688 000
Total Assets	30 129 000	30 677 000	29 476 000	29 446 000
Total Equity	5 736 000	7 492 000	7 056 000	6 156 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	22 740 000	22 740 000	22 202 000	23 078 000
Creditors	207 000	368 000	140 000	134 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	108 000	79 000	78 000	78 000
Total Current Debt	315 000	446 000	218 000	212 000
Total Equity and Debt	30 129 000	30 677 000	29 476 000	29 446 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−30,61 %	5,81 %	12,76 %	13,69 %
Debt-to-Equity Ratio	3,96	3,04	3,15	3,75
Operating Profit Margin	−124,83 %	34,13 %	62,6 %	62,41 %
Current Ratio	3,96	3,97	3,29	3,25
Quick Ratio	3,96	3,97	3,29	3,25
Equity Ratio	0,19	0,24	0,24	0,21
Gross Profit Margin	100 %	100 %	100 %	100 %