VESTHEIM EIENDOMSUTVIKLING AS

3540 NESBYEN

Finances

Return on Equity

−1,05 %

Current Ratio

1,5

Debt-to-Equity Ratio

0,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 000	0	123 000	14 000
Net Income	−8 000	118 000	94 000	−17 000
Total Assets	1 184 000	2 012 000	1 502 000	1 739 000
Total Equity	763 000	772 000	654 000	560 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 000	0	123 000	14 000
Expenditure	7 000	7 000	13 000	22 000
Operating Profit	1 000	−7 000	110 000	−8 000
Financial Income	0	125 000	0	0
Financial Costs	10 000	0	1 000	9 000
Financial Balance	−10 000	125 000	−1 000	−9 000
Earnings Before Tax	−8 000	118 000	110 000	−17 000
Tax	0	0	16 000	0
Net Income	−8 000	118 000	94 000	−17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 148 000	1 148 000	1 323 000	1 253 000
Total Current Assets	36 000	864 000	179 000	487 000
Total Assets	1 184 000	2 012 000	1 502 000	1 739 000
Total Retained Equity	263 000	272 000	154 000	60 000
Total Equity	763 000	772 000	654 000	560 000
Total Long-Term Debt	396 000	1 115 000	708 000	1 110 000
Total Current Debt	24 000	125 000	140 000	70 000
Total Equity and Debt	1 184 000	2 012 000	1 502 000	1 739 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	395 000	0
Other Income	8 000	0	−272 000	14 000
Revenue	8 000	0	123 000	14 000
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	7 000	7 000	13 000	22 000
Operating Profit	1 000	−7 000	110 000	−8 000
Financial Income	0	125 000	0	0
Financial Costs	10 000	0	1 000	9 000
Financial Balance	−10 000	125 000	−1 000	−9 000
Dividends	0	0	0	0
Net Income	−8 000	118 000	94 000	−17 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	947 000	947 000	947 000	947 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	80 000
Total Tangible Assets	947 000	947 000	947 000	1 027 000
Total Fiancial Fixed Assets	201 000	201 000	376 000	226 000
Total Fixed Assets	1 148 000	1 148 000	1 323 000	1 253 000
Stock	0	0	0	90 000
Total Investments	0	0	0	0
Cash, Bank	36 000	364 000	179 000	11 000
Total Current Assets	36 000	864 000	179 000	487 000
Total Assets	1 184 000	2 012 000	1 502 000	1 739 000
Total Equity	763 000	772 000	654 000	560 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	396 000	1 115 000	708 000	1 110 000
Creditors	0	66 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	24 000	59 000	125 000	70 000
Total Current Debt	24 000	125 000	140 000	70 000
Total Equity and Debt	1 184 000	2 012 000	1 502 000	1 739 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,05 %	15,28 %	14,37 %	−3,04 %
Debt-to-Equity Ratio	0,52	1,44	1,08	1,98
Operating Profit Margin	12,5 %	-	89,43 %	−57,14 %
Current Ratio	1,5	6,91	1,28	6,96
Quick Ratio	1,5	6,91	1,28	−24,35
Equity Ratio	0,64	0,38	0,44	0,32
Gross Profit Margin	100 %	-	100 %	100 %