VESTHEIENE EIENDOM AS

4623 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

19,97 %

Current Ratio

0,21

Debt-to-Equity Ratio

0,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 143 000	2 085 000	2 031 000	1 974 000
Net Income	729 000	754 000	836 000	395 000
Total Assets	19 389 000	19 081 000	18 757 000	18 349 000
Total Equity	3 650 000	2 921 000	2 167 000	1 331 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 143 000	2 085 000	2 031 000	1 974 000
Expenditure	615 000	757 000	560 000	918 000
Operating Profit	1 529 000	1 328 000	1 470 000	1 056 000
Financial Income	20 000	0	1 000	2 000
Financial Costs	614 000	362 000	400 000	551 000
Financial Balance	−594 000	−362 000	−399 000	−549 000
Earnings Before Tax	935 000	966 000	1 072 000	506 000
Tax	206 000	213 000	236 000	111 000
Net Income	729 000	754 000	836 000	395 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 824 000	17 210 000	17 597 000	17 983 000
Total Current Assets	2 565 000	1 871 000	1 161 000	367 000
Total Assets	19 389 000	19 081 000	18 757 000	18 349 000
Total Retained Equity	3 546 000	2 817 000	2 063 000	1 227 000
Total Equity	3 650 000	2 921 000	2 167 000	1 331 000
Total Long-Term Debt	3 368 000	3 774 000	4 177 000	4 576 000
Total Current Debt	12 371 000	12 387 000	12 413 000	12 442 000
Total Equity and Debt	19 389 000	19 081 000	18 757 000	18 349 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 143 000	2 085 000	2 031 000	1 974 000
Revenue	2 143 000	2 085 000	2 031 000	1 974 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	386 000	386 000	386 000	386 000
Impairment	0	0	0	0
Expenditure	615 000	757 000	560 000	918 000
Operating Profit	1 529 000	1 328 000	1 470 000	1 056 000
Financial Income	20 000	0	1 000	2 000
Financial Costs	614 000	362 000	400 000	551 000
Financial Balance	−594 000	−362 000	−399 000	−549 000
Dividends	0	0	0	0
Net Income	729 000	754 000	836 000	395 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	16 824 000	17 210 000	17 597 000	17 983 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	16 824 000	17 210 000	17 597 000	17 983 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 824 000	17 210 000	17 597 000	17 983 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 547 000	1 819 000	1 136 000	324 000
Total Current Assets	2 565 000	1 871 000	1 161 000	367 000
Total Assets	19 389 000	19 081 000	18 757 000	18 349 000
Total Equity	3 650 000	2 921 000	2 167 000	1 331 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 368 000	3 774 000	4 177 000	4 576 000
Creditors	8 000	0	4 000	146 000
Unpaid Taxes	87 000	86 000	81 000	52 000
Dividends	0	0	0	0
Other Current Debt	12 063 000	12 086 000	12 093 000	12 138 000
Total Current Debt	12 371 000	12 387 000	12 413 000	12 442 000
Total Equity and Debt	19 389 000	19 081 000	18 757 000	18 349 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,97 %	25,81 %	38,58 %	29,68 %
Debt-to-Equity Ratio	0,92	1,29	1,93	3,44
Operating Profit Margin	71,35 %	63,69 %	72,38 %	53,5 %
Current Ratio	0,21	0,15	0,09	0,03
Quick Ratio	0,21	0,15	0,09	0,03
Equity Ratio	0,19	0,15	0,12	0,07
Gross Profit Margin	100 %	100 %	100 %	100 %