VESTFJORDGATA 69 AS

8300 SVOLVÆR

Finances

Share Ownership

Return on Equity

1,09 %

Current Ratio

0,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	298 000	3 478 000	902 000	686 000
Net Income	34 000	2 085 000	128 000	−166 000
Total Assets	3 956 000	7 549 000	7 395 000	7 409 000
Total Equity	3 106 000	3 071 000	986 000	858 000

Income (NOK)	2022	2021	2020	2019
Revenue	298 000	3 478 000	902 000	686 000
Expenditure	167 000	614 000	507 000	728 000
Operating Profit	131 000	2 865 000	394 000	−42 000
Financial Income	0	0	4 000	0
Financial Costs	87 000	191 000	234 000	171 000
Financial Balance	−87 000	−191 000	−230 000	−171 000
Earnings Before Tax	44 000	2 673 000	164 000	−213 000
Tax	10 000	588 000	36 000	−47 000
Net Income	34 000	2 085 000	128 000	−166 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 941 000	4 101 000	7 104 000	7 140 000
Total Current Assets	15 000	3 448 000	292 000	270 000
Total Assets	3 956 000	7 549 000	7 395 000	7 409 000
Total Retained Equity	3 006 000	2 971 000	886 000	758 000
Total Equity	3 106 000	3 071 000	986 000	858 000
Total Long-Term Debt	0	3 216 000	6 346 000	6 376 000
Total Current Debt	850 000	1 261 000	63 000	176 000
Total Equity and Debt	3 956 000	7 549 000	7 395 000	7 409 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	298 000	3 478 000	902 000	686 000
Revenue	298 000	3 478 000	902 000	686 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	167 000	614 000	507 000	728 000
Operating Profit	131 000	2 865 000	394 000	−42 000
Financial Income	0	0	4 000	0
Financial Costs	87 000	191 000	234 000	171 000
Financial Balance	−87 000	−191 000	−230 000	−171 000
Dividends	0	0	0	0
Net Income	34 000	2 085 000	128 000	−166 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	11 000	47 000
Real Eastate	3 941 000	3 941 000	7 093 000	7 093 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 941 000	3 941 000	7 093 000	7 093 000
Total Fiancial Fixed Assets	0	160 000	0	0
Total Fixed Assets	3 941 000	4 101 000	7 104 000	7 140 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	15 000	3 448 000	292 000	270 000
Total Current Assets	15 000	3 448 000	292 000	270 000
Total Assets	3 956 000	7 549 000	7 395 000	7 409 000
Total Equity	3 106 000	3 071 000	986 000	858 000
Short-Term Group Debt	830 000	0	0	0
Total Long-Term Debt	0	3 216 000	6 346 000	6 376 000
Creditors	0	1 000	6 000	118 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	11 000	683 000	58 000	58 000
Total Current Debt	850 000	1 261 000	63 000	176 000
Total Equity and Debt	3 956 000	7 549 000	7 395 000	7 409 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,09 %	67,89 %	12,98 %	−19,35 %
Debt-to-Equity Ratio	0	1,05	6,44	7,43
Operating Profit Margin	43,96 %	82,37 %	43,68 %	−6,12 %
Current Ratio	0,02	2,73	4,63	1,53
Quick Ratio	0,02	2,73	4,63	1,53
Equity Ratio	0,79	0,41	0,13	0,12
Gross Profit Margin	100 %	100 %	100 %	100 %