VESTRE GLUGGEN BORETTSLAG

7011 TRONDHEIM

Finances

Share Ownership

Return on Equity

10,62 %

Current Ratio

11,98

Debt-to-Equity Ratio

2,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	623 000	623 000	623 000	618 000
Net Income	379 000	232 000	308 000	312 000
Total Assets	10 933 000	10 809 000	10 849 000	10 873 000
Total Equity	3 568 000	3 189 000	2 957 000	2 649 000

Income (NOK)	2022	2021	2020	2019
Revenue	623 000	623 000	623 000	618 000
Expenditure	−222 000	−365 000	−262 000	−251 000
Operating Profit	402 000	259 000	361 000	367 000
Financial Income	11 000	0	2 000	5 000
Financial Costs	−34 000	−27 000	−55 000	−60 000
Financial Balance	45 000	27 000	57 000	65 000
Earnings Before Tax	379 000	232 000	308 000	312 000
Tax	0	0	0	0
Net Income	379 000	232 000	308 000	312 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 166 000	10 166 000	10 171 000	10 177 000
Total Current Assets	767 000	644 000	678 000	696 000
Total Assets	10 933 000	10 809 000	10 849 000	10 873 000
Total Retained Equity	3 568 000	3 189 000	2 957 000	2 649 000
Total Equity	3 568 000	3 189 000	2 957 000	2 649 000
Total Long-Term Debt	7 173 000	7 419 000	7 702 000	8 014 000
Total Current Debt	64 000	74 000	62 000	81 000
Total Equity and Debt	10 933 000	10 809 000	10 849 000	10 873 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	623 000	623 000	623 000	618 000
Revenue	623 000	623 000	623 000	618 000
Cost of Goods Sold	0	0	0	0
Salary Costs	−17 000	−49 000	−16 000	−40 000
Depreciation	0	−5 000	−7 000	−7 000
Impairment	0	0	0	0
Expenditure	−222 000	−365 000	−262 000	−251 000
Operating Profit	402 000	259 000	361 000	367 000
Financial Income	11 000	0	2 000	5 000
Financial Costs	−34 000	−27 000	−55 000	−60 000
Financial Balance	45 000	27 000	57 000	65 000
Dividends	0	0	0	0
Net Income	379 000	232 000	308 000	312 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 149 000	10 149 000	10 149 000	10 149 000
Machinery and Plant Facilities	0	0	5 000	11 000
Fixtures	17 000	17 000	17 000	17 000
Total Tangible Assets	10 166 000	10 166 000	10 171 000	10 177 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 166 000	10 166 000	10 171 000	10 177 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	767 000	644 000	678 000	696 000
Total Current Assets	767 000	644 000	678 000	696 000
Total Assets	10 933 000	10 809 000	10 849 000	10 873 000
Total Equity	3 568 000	3 189 000	2 957 000	2 649 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 173 000	7 419 000	7 702 000	8 014 000
Creditors	51 000	56 000	51 000	41 000
Unpaid Taxes	0	7 000	0	0
Dividends	0	0	0	0
Other Current Debt	13 000	11 000	10 000	40 000
Total Current Debt	64 000	74 000	62 000	81 000
Total Equity and Debt	10 933 000	10 809 000	10 849 000	10 873 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,62 %	7,28 %	10,42 %	11,78 %
Debt-to-Equity Ratio	2,01	2,33	2,6	3,03
Operating Profit Margin	64,53 %	41,57 %	57,95 %	59,39 %
Current Ratio	11,98	8,7	10,94	8,59
Quick Ratio	11,98	8,7	10,94	8,59
Equity Ratio	0,33	0,3	0,27	0,24
Gross Profit Margin	100 %	100 %	100 %	100 %