VESTERGAPET AS

4622 KRISTIANSAND S

Finances

Return on Equity

−36,01 %

Current Ratio

12,8

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2021	2020	2019	2018
Revenue	527 000	747 000	116 000	109 000
Net Income	−3 499 000	408 000	115 000	43 000
Total Assets	10 757 000	15 873 000	16 334 000	19 434 000
Total Equity	9 718 000	13 829 000	14 421 000	17 425 000

Income (NOK)	2021	2020	2019	2018
Revenue	527 000	747 000	116 000	109 000
Expenditure	353 000	296 000	68 000	86 000
Operating Profit	174 000	451 000	48 000	23 000
Financial Income	519 000	36 000	144 000	104 000
Financial Costs	4 156 000	78 000	77 000	84 000
Financial Balance	−3 637 000	−42 000	67 000	20 000
Earnings Before Tax	−3 463 000	408 000	115 000	43 000
Tax	37 000	0	0	0
Net Income	−3 499 000	408 000	115 000	43 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	3 513 000	6 175 000	6 922 000	6 922 000
Total Current Assets	7 243 000	9 698 000	9 412 000	12 512 000
Total Assets	10 757 000	15 873 000	16 334 000	19 434 000
Total Retained Equity	9 363 000	13 474 000	14 066 000	17 070 000
Total Equity	9 718 000	13 829 000	14 421 000	17 425 000
Total Long-Term Debt	472 000	1 933 000	1 845 000	1 928 000
Total Current Debt	566 000	112 000	69 000	81 000
Total Equity and Debt	10 757 000	15 873 000	16 334 000	19 434 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	300 000	231 000	0	0
Other Income	227 000	516 000	116 000	109 000
Revenue	527 000	747 000	116 000	109 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	18 000	0	0
Depreciation	0	87 000	0	0
Impairment	0	0	0	0
Expenditure	353 000	296 000	68 000	86 000
Operating Profit	174 000	451 000	48 000	23 000
Financial Income	519 000	36 000	144 000	104 000
Financial Costs	4 156 000	78 000	77 000	84 000
Financial Balance	−3 637 000	−42 000	67 000	20 000
Dividends	0	0	0	0
Net Income	−3 499 000	408 000	115 000	43 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	2 400 000	2 400 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	1 653 000	0	0
Total Tangible Assets	0	1 653 000	2 400 000	2 400 000
Total Fiancial Fixed Assets	3 513 000	4 522 000	4 522 000	4 522 000
Total Fixed Assets	3 513 000	6 175 000	6 922 000	6 922 000
Stock	633 000	633 000	625 000	625 000
Total Investments	0	0	0	0
Cash, Bank	2 213 000	12 000	13 000	0
Total Current Assets	7 243 000	9 698 000	9 412 000	12 512 000
Total Assets	10 757 000	15 873 000	16 334 000	19 434 000
Total Equity	9 718 000	13 829 000	14 421 000	17 425 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	472 000	1 933 000	1 845 000	1 928 000
Creditors	17 000	94 000	26 000	0
Unpaid Taxes	0	18 000	0	0
Dividends	0	0	0	0
Other Current Debt	550 000	0	42 000	81 000
Total Current Debt	566 000	112 000	69 000	81 000
Total Equity and Debt	10 757 000	15 873 000	16 334 000	19 434 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−36,01 %	2,95 %	0,8 %	0,25 %
Debt-to-Equity Ratio	0,05	0,14	0,13	0,11
Operating Profit Margin	33,02 %	60,37 %	41,38 %	21,1 %
Current Ratio	12,8	86,59	136,41	154,47
Quick Ratio	−108,1	−18,61	−16,93	−23
Equity Ratio	0,9	0,87	0,88	0,9
Gross Profit Margin	100 %	100 %	100 %	100 %