VESTMAR EIENDOM AS

3750 DRANGEDAL

Finances

Return on Equity

12,68 %

Current Ratio

0,73

Debt-to-Equity Ratio

1,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 346 000	7 175 000	10 876 000	8 019 000
Net Income	1 150 000	123 000	3 968 000	−707 000
Total Assets	25 621 000	24 827 000	28 886 000	26 902 000
Total Equity	9 071 000	9 592 000	11 421 000	9 876 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 346 000	7 175 000	10 876 000	8 019 000
Expenditure	6 102 000	4 364 000	4 263 000	4 798 000
Operating Profit	2 243 000	2 810 000	6 613 000	3 222 000
Financial Income	146 000	80 000	52 000	31 000
Financial Costs	805 000	2 203 000	1 333 000	3 365 000
Financial Balance	−659 000	−2 123 000	−1 281 000	−3 334 000
Earnings Before Tax	1 584 000	687 000	5 332 000	−112 000
Tax	434 000	564 000	1 364 000	595 000
Net Income	1 150 000	123 000	3 968 000	−707 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 419 000	21 313 000	24 224 000	26 608 000
Total Current Assets	5 202 000	3 514 000	4 662 000	295 000
Total Assets	25 621 000	24 827 000	28 886 000	26 902 000
Total Retained Equity	4 836 000	5 357 000	7 186 000	6 399 000
Total Equity	9 071 000	9 592 000	11 421 000	9 876 000
Total Long-Term Debt	9 450 000	11 250 000	13 050 000	13 590 000
Total Current Debt	7 100 000	3 986 000	4 415 000	3 437 000
Total Equity and Debt	25 621 000	24 827 000	28 886 000	26 902 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 328 000	6 341 000	6 648 000	6 928 000
Other Income	17 000	834 000	4 229 000	1 091 000
Revenue	8 346 000	7 175 000	10 876 000	8 019 000
Cost of Goods Sold	0	0	0	0
Salary Costs	46 000	46 000	69 000	23 000
Depreciation	1 144 000	1 166 000	1 205 000	1 458 000
Impairment	0	0	0	0
Expenditure	6 102 000	4 364 000	4 263 000	4 798 000
Operating Profit	2 243 000	2 810 000	6 613 000	3 222 000
Financial Income	146 000	80 000	52 000	31 000
Financial Costs	805 000	2 203 000	1 333 000	3 365 000
Financial Balance	−659 000	−2 123 000	−1 281 000	−3 334 000
Dividends	0	400 000	2 000 000	0
Net Income	1 150 000	123 000	3 968 000	−707 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	406 000	236 000	207 000	958 000
Real Eastate	14 318 000	15 440 000	17 015 000	18 725 000
Machinery and Plant Facilities	65 000	102 000	140 000	177 000
Fixtures	0	0	0	8 000
Total Tangible Assets	14 383 000	15 543 000	17 155 000	18 909 000
Total Fiancial Fixed Assets	5 630 000	5 534 000	6 863 000	6 740 000
Total Fixed Assets	20 419 000	21 313 000	24 224 000	26 608 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 903 000	3 266 000	4 449 000	220 000
Total Current Assets	5 202 000	3 514 000	4 662 000	295 000
Total Assets	25 621 000	24 827 000	28 886 000	26 902 000
Total Equity	9 071 000	9 592 000	11 421 000	9 876 000
Short-Term Group Debt	2 695 000	0	0	0
Total Long-Term Debt	9 450 000	11 250 000	13 050 000	13 590 000
Creditors	460 000	300 000	486 000	319 000
Unpaid Taxes	71 000	62 000	−110 000	14 000
Dividends	0	400 000	2 000 000	0
Other Current Debt	3 873 000	3 224 000	2 039 000	3 104 000
Total Current Debt	7 100 000	3 986 000	4 415 000	3 437 000
Total Equity and Debt	25 621 000	24 827 000	28 886 000	26 902 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,68 %	1,28 %	34,74 %	−7,16 %
Debt-to-Equity Ratio	1,04	1,17	1,14	1,38
Operating Profit Margin	26,88 %	39,16 %	60,8 %	40,18 %
Current Ratio	0,73	0,88	1,06	0,09
Quick Ratio	0,73	0,88	1,06	0,09
Equity Ratio	0,35	0,39	0,4	0,37
Gross Profit Margin	100 %	100 %	100 %	100 %