VASSTUN EIENDOM AS

5750 ODDA

Finances

Share Ownership

Return on Equity

6,12 %

Current Ratio

4,1

Debt-to-Equity Ratio

4,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 222 000	3 206 000	1 739 000	1 620 000
Net Income	293 000	777 000	0	351 000
Total Assets	27 595 000	28 412 000	24 425 000	16 501 000
Total Equity	4 785 000	4 493 000	3 140 000	3 140 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 222 000	3 206 000	1 739 000	1 620 000
Expenditure	1 641 000	1 284 000	1 140 000	576 000
Operating Profit	1 581 000	1 922 000	599 000	1 044 000
Financial Income	6 000	6 000	0	0
Financial Costs	1 212 000	932 000	599 000	594 000
Financial Balance	−1 206 000	−926 000	−599 000	−594 000
Earnings Before Tax	375 000	996 000	0	450 000
Tax	83 000	219 000	0	99 000
Net Income	293 000	777 000	0	351 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 631 000	26 240 000	22 503 000	15 643 000
Total Current Assets	1 964 000	2 172 000	1 923 000	858 000
Total Assets	27 595 000	28 412 000	24 425 000	16 501 000
Total Retained Equity	1 906 000	1 614 000	836 000	836 000
Total Equity	4 785 000	4 493 000	3 140 000	3 140 000
Total Long-Term Debt	22 331 000	23 780 000	19 486 000	13 096 000
Total Current Debt	479 000	140 000	1 799 000	265 000
Total Equity and Debt	27 595 000	28 412 000	24 425 000	16 501 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 000 000	3 000 000	1 430 000	1 620 000
Other Income	222 000	206 000	309 000	0
Revenue	3 222 000	3 206 000	1 739 000	1 620 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	760 000	723 000	701 000	547 000
Impairment	0	0	0	0
Expenditure	1 641 000	1 284 000	1 140 000	576 000
Operating Profit	1 581 000	1 922 000	599 000	1 044 000
Financial Income	6 000	6 000	0	0
Financial Costs	1 212 000	932 000	599 000	594 000
Financial Balance	−1 206 000	−926 000	−599 000	−594 000
Dividends	0	0	0	0
Net Income	293 000	777 000	0	351 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	25 482 000	26 218 000	22 477 000	15 559 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	149 000	22 000	26 000	84 000
Total Tangible Assets	25 631 000	26 240 000	22 503 000	15 643 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	25 631 000	26 240 000	22 503 000	15 643 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 878 000	2 101 000	1 094 000	849 000
Total Current Assets	1 964 000	2 172 000	1 923 000	858 000
Total Assets	27 595 000	28 412 000	24 425 000	16 501 000
Total Equity	4 785 000	4 493 000	3 140 000	3 140 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	22 331 000	23 780 000	19 486 000	13 096 000
Creditors	25 000	22 000	1 428 000	164 000
Unpaid Taxes	98 000	111 000	0	25 000
Dividends	0	0	0	0
Other Current Debt	353 000	6 000	371 000	76 000
Total Current Debt	479 000	140 000	1 799 000	265 000
Total Equity and Debt	27 595 000	28 412 000	24 425 000	16 501 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,12 %	17,29 %	0 %	11,18 %
Debt-to-Equity Ratio	4,67	5,29	6,21	4,17
Operating Profit Margin	49,07 %	59,95 %	34,45 %	64,44 %
Current Ratio	4,1	15,51	1,07	3,24
Quick Ratio	4,1	15,51	1,07	3,24
Equity Ratio	0,17	0,16	0,13	0,19
Gross Profit Margin	100 %	100 %	100 %	100 %