VASSMYRA AS

6037 EIDSNES

Finances

Share Ownership

Return on Equity

−367,49 %

Current Ratio

1,39

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 000	2 519 000	2 791 000	2 412 000
Net Income	−1 345 000	964 000	1 155 000	1 249 000
Total Assets	1 144 000	8 456 000	11 326 000	10 505 000
Total Equity	366 000	7 304 000	6 822 000	9 405 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 000	2 519 000	2 791 000	2 412 000
Expenditure	1 378 000	1 278 000	1 304 000	800 000
Operating Profit	−1 377 000	1 241 000	1 486 000	1 612 000
Financial Income	1 000	0	0	0
Financial Costs	1 000	4 000	4 000	10 000
Financial Balance	0	−4 000	−4 000	−10 000
Earnings Before Tax	−1 377 000	1 237 000	1 483 000	1 602 000
Tax	−32 000	273 000	328 000	353 000
Net Income	−1 345 000	964 000	1 155 000	1 249 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	60 000	8 280 000	11 105 000	10 375 000
Total Current Assets	1 084 000	176 000	221 000	130 000
Total Assets	1 144 000	8 456 000	11 326 000	10 505 000
Total Retained Equity	−863 000	482 000	0	1 279 000
Total Equity	366 000	7 304 000	6 822 000	9 405 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	778 000	1 152 000	4 504 000	1 100 000
Total Equity and Debt	1 144 000	8 456 000	11 326 000	10 505 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 000	2 519 000	383 000	335 000
Other Income	0	0	2 408 000	2 077 000
Revenue	2 000	2 519 000	2 791 000	2 412 000
Cost of Goods Sold	0	0	0	0
Salary Costs	496 000	775 000	492 000	378 000
Depreciation	10 000	71 000	38 000	39 000
Impairment	0	0	0	0
Expenditure	1 378 000	1 278 000	1 304 000	800 000
Operating Profit	−1 377 000	1 241 000	1 486 000	1 612 000
Financial Income	1 000	0	0	0
Financial Costs	1 000	4 000	4 000	10 000
Financial Balance	0	−4 000	−4 000	−10 000
Dividends	0	0	0	0
Net Income	−1 345 000	964 000	1 155 000	1 249 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	530 000	582 000	601 000
Real Eastate	0	6 257 000	6 286 000	6 315 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	60 000	149 000	191 000	12 000
Total Tangible Assets	60 000	6 406 000	6 477 000	6 327 000
Total Fiancial Fixed Assets	0	1 344 000	4 046 000	3 446 000
Total Fixed Assets	60 000	8 280 000	11 105 000	10 375 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 076 000	53 000	151 000	63 000
Total Current Assets	1 084 000	176 000	221 000	130 000
Total Assets	1 144 000	8 456 000	11 326 000	10 505 000
Total Equity	366 000	7 304 000	6 822 000	9 405 000
Short-Term Group Debt	0	617 000	4 046 000	722 000
Total Long-Term Debt	0	0	0	0
Creditors	115 000	131 000	260 000	100 000
Unpaid Taxes	47 000	129 000	71 000	84 000
Dividends	0	0	0	0
Other Current Debt	616 000	190 000	126 000	46 000
Total Current Debt	778 000	1 152 000	4 504 000	1 100 000
Total Equity and Debt	1 144 000	8 456 000	11 326 000	10 505 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−367,49 %	13,2 %	16,93 %	13,28 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−68 850 %	49,27 %	53,24 %	66,83 %
Current Ratio	1,39	0,15	0,05	0,12
Quick Ratio	1,39	0,15	0,05	0,12
Equity Ratio	0,32	0,86	0,6	0,9
Gross Profit Margin	100 %	100 %	100 %	100 %