VESTENGVEIEN EIENDOMSUTVIKLING AS

1711 SARPSBORG

Finances

Share Ownership

Return on Equity

6,27 %

Current Ratio

2,07

Debt-to-Equity Ratio

1,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	59 643 000	89 390 000	77 270 000	40 423 000
Net Income	10 498 000	16 209 000	13 683 000	6 132 000
Total Assets	407 172 000	387 485 000	457 849 000	560 269 000
Total Equity	167 326 000	156 829 000	141 891 000	126 855 000

Income (NOK)	2022	2021	2020	2019
Revenue	59 643 000	89 390 000	77 270 000	40 423 000
Expenditure	24 961 000	25 369 000	19 697 000	20 636 000
Operating Profit	20 121 000	21 250 000	27 918 000	19 787 000
Financial Income	1 127 000	413 000	187 000	196 000
Financial Costs	7 790 000	883 000	10 560 000	12 084 000
Financial Balance	−6 663 000	−470 000	−10 373 000	−11 888 000
Earnings Before Tax	13 458 000	20 781 000	17 545 000	7 898 000
Tax	2 960 000	4 572 000	3 862 000	1 766 000
Net Income	10 498 000	16 209 000	13 683 000	6 132 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	388 555 000	368 937 000	384 781 000	280 276 000
Total Current Assets	18 617 000	18 547 000	73 068 000	279 993 000
Total Assets	407 172 000	387 485 000	457 849 000	560 269 000
Total Retained Equity	42 730 000	32 232 000	17 295 000	6 353 000
Total Equity	167 326 000	156 829 000	141 891 000	126 855 000
Total Long-Term Debt	230 854 000	222 397 000	302 025 000	422 135 000
Total Current Debt	8 992 000	8 259 000	13 934 000	11 280 000
Total Equity and Debt	407 172 000	387 485 000	457 849 000	560 269 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	50 382 000	83 070 000	66 507 000	35 145 000
Other Income	9 261 000	6 320 000	10 763 000	5 278 000
Revenue	59 643 000	89 390 000	77 270 000	40 423 000
Cost of Goods Sold	0	0	43 000	28 000
Salary Costs	6 620 000	5 065 000	3 606 000	3 500 000
Depreciation	3 592 000	3 730 000	2 957 000	2 772 000
Impairment	0	0	0	0
Expenditure	24 961 000	25 369 000	19 697 000	20 636 000
Operating Profit	20 121 000	21 250 000	27 918 000	19 787 000
Financial Income	1 127 000	413 000	187 000	196 000
Financial Costs	7 790 000	883 000	10 560 000	12 084 000
Financial Balance	−6 663 000	−470 000	−10 373 000	−11 888 000
Dividends	0	0	0	7 500 000
Net Income	10 498 000	16 209 000	13 683 000	6 132 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	350 731 000	367 511 000	381 833 000	280 126 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	178 000	155 000	207 000	150 000
Total Tangible Assets	350 909 000	367 666 000	382 040 000	280 276 000
Total Fiancial Fixed Assets	37 647 000	1 271 000	2 741 000	0
Total Fixed Assets	388 555 000	368 937 000	384 781 000	280 276 000
Stock	12 962 000	16 938 000	52 706 000	152 471 000
Total Investments	0	0	0	0
Cash, Bank	4 543 000	586 000	9 520 000	3 551 000
Total Current Assets	18 617 000	18 547 000	73 068 000	279 993 000
Total Assets	407 172 000	387 485 000	457 849 000	560 269 000
Total Equity	167 326 000	156 829 000	141 891 000	126 855 000
Short-Term Group Debt	0	1 272 000	2 741 000	0
Total Long-Term Debt	230 854 000	222 397 000	302 025 000	422 135 000
Creditors	3 152 000	874 000	4 739 000	7 763 000
Unpaid Taxes	443 000	380 000	221 000	232 000
Dividends	0	0	0	7 500 000
Other Current Debt	3 022 000	2 220 000	1 683 000	1 438 000
Total Current Debt	8 992 000	8 259 000	13 934 000	11 280 000
Total Equity and Debt	407 172 000	387 485 000	457 849 000	560 269 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,27 %	10,34 %	9,64 %	4,83 %
Debt-to-Equity Ratio	1,38	1,42	2,13	3,33
Operating Profit Margin	33,74 %	23,77 %	36,13 %	48,95 %
Current Ratio	2,07	2,25	5,24	24,82
Quick Ratio	−4,69	−2,14	−1,88	−1,98
Equity Ratio	0,41	0,4	0,31	0,23
Gross Profit Margin	100 %	100 %	99,94 %	99,93 %