VASSFARET EIENDOM AS

3748 SILJAN

Finances

Share Ownership

Return on Equity

42,01 %

Current Ratio

4,55

Debt-to-Equity Ratio

3,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	720 000	480 000	480 000	311 000
Net Income	313 000	269 000	89 000	−175 000
Total Assets	3 665 000	3 750 000	3 702 000	3 651 000
Total Equity	745 000	432 000	220 000	130 000

Income (NOK)	2022	2021	2020	2019
Revenue	720 000	480 000	480 000	311 000
Expenditure	203 000	41 000	236 000	328 000
Operating Profit	517 000	439 000	244 000	−17 000
Financial Income	0	0	−9 000	0
Financial Costs	115 000	95 000	117 000	159 000
Financial Balance	−115 000	−95 000	−126 000	−159 000
Earnings Before Tax	401 000	344 000	117 000	−175 000
Tax	88 000	76 000	28 000	0
Net Income	313 000	269 000	89 000	−175 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 082 000	3 395 000	3 508 000	3 553 000
Total Current Assets	583 000	355 000	194 000	98 000
Total Assets	3 665 000	3 750 000	3 702 000	3 651 000
Total Retained Equity	645 000	332 000	120 000	30 000
Total Equity	745 000	432 000	220 000	130 000
Total Long-Term Debt	2 792 000	2 961 000	3 229 000	3 213 000
Total Current Debt	128 000	358 000	253 000	308 000
Total Equity and Debt	3 665 000	3 750 000	3 702 000	3 651 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	11 000
Other Income	720 000	480 000	480 000	300 000
Revenue	720 000	480 000	480 000	311 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	113 000	113 000	113 000	0
Impairment	0	0	0	0
Expenditure	203 000	41 000	236 000	328 000
Operating Profit	517 000	439 000	244 000	−17 000
Financial Income	0	0	−9 000	0
Financial Costs	115 000	95 000	117 000	159 000
Financial Balance	−115 000	−95 000	−126 000	−159 000
Dividends	0	0	0	0
Net Income	313 000	269 000	89 000	−175 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 412 000	1 525 000	1 638 000	1 683 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 412 000	1 525 000	1 638 000	1 683 000
Total Fiancial Fixed Assets	1 670 000	1 870 000	1 870 000	1 870 000
Total Fixed Assets	3 082 000	3 395 000	3 508 000	3 553 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	293 000	353 000	90 000	92 000
Total Current Assets	583 000	355 000	194 000	98 000
Total Assets	3 665 000	3 750 000	3 702 000	3 651 000
Total Equity	745 000	432 000	220 000	130 000
Short-Term Group Debt	0	200 000	0	0
Total Long-Term Debt	2 792 000	2 961 000	3 229 000	3 213 000
Creditors	3 000	108 000	6 000	6 000
Unpaid Taxes	18 000	0	3 000	18 000
Dividends	0	0	0	0
Other Current Debt	0	0	239 000	240 000
Total Current Debt	128 000	358 000	253 000	308 000
Total Equity and Debt	3 665 000	3 750 000	3 702 000	3 651 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,01 %	62,27 %	40,45 %	−134,62 %
Debt-to-Equity Ratio	3,75	6,85	14,68	24,72
Operating Profit Margin	71,81 %	91,46 %	50,83 %	−5,47 %
Current Ratio	4,55	0,99	0,77	0,32
Quick Ratio	4,55	0,99	0,77	0,32
Equity Ratio	0,2	0,12	0,06	0,04
Gross Profit Margin	100 %	100 %	100 %	100 %