VESTRE SVANHOLMEN 8 AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

−29,24 %

Current Ratio

3,45

Debt-to-Equity Ratio

6,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	510 000	485 000	774 000	914 000
Net Income	−1 325 000	−1 178 000	−876 000	−768 000
Total Assets	34 911 000	35 343 000	35 531 000	37 219 000
Total Equity	4 531 000	4 449 000	4 327 000	8 160 000

Income (NOK)	2022	2021	2020	2019
Revenue	510 000	485 000	774 000	914 000
Expenditure	1 229 000	1 071 000	1 034 000	1 012 000
Operating Profit	−719 000	−586 000	−260 000	−98 000
Financial Income	0	0	0	0
Financial Costs	980 000	924 000	863 000	887 000
Financial Balance	−980 000	−924 000	−863 000	−887 000
Earnings Before Tax	−1 699 000	−1 510 000	−1 123 000	−985 000
Tax	−374 000	−332 000	−247 000	−217 000
Net Income	−1 325 000	−1 178 000	−876 000	−768 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	32 859 000	33 514 000	34 168 000	34 823 000
Total Current Assets	2 052 000	1 829 000	1 363 000	2 396 000
Total Assets	34 911 000	35 343 000	35 531 000	37 219 000
Total Retained Equity	0	0	0	585 000
Total Equity	4 531 000	4 449 000	4 327 000	8 160 000
Total Long-Term Debt	29 785 000	30 470 000	26 423 000	27 725 000
Total Current Debt	595 000	424 000	4 781 000	1 334 000
Total Equity and Debt	34 911 000	35 343 000	35 531 000	37 219 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	510 000	485 000	774 000	914 000
Other Income	0	0	0	0
Revenue	510 000	485 000	774 000	914 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	655 000	655 000	655 000	655 000
Impairment	0	0	0	0
Expenditure	1 229 000	1 071 000	1 034 000	1 012 000
Operating Profit	−719 000	−586 000	−260 000	−98 000
Financial Income	0	0	0	0
Financial Costs	980 000	924 000	863 000	887 000
Financial Balance	−980 000	−924 000	−863 000	−887 000
Dividends	0	0	0	0
Net Income	−1 325 000	−1 178 000	−876 000	−768 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	32 859 000	33 514 000	34 168 000	34 823 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	32 859 000	33 514 000	34 168 000	34 823 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	32 859 000	33 514 000	34 168 000	34 823 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	1 000	0	0
Total Current Assets	2 052 000	1 829 000	1 363 000	2 396 000
Total Assets	34 911 000	35 343 000	35 531 000	37 219 000
Total Equity	4 531 000	4 449 000	4 327 000	8 160 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	29 785 000	30 470 000	26 423 000	27 725 000
Creditors	451 000	288 000	209 000	0
Unpaid Taxes	0	0	0	192 000
Dividends	0	0	0	0
Other Current Debt	143 000	136 000	4 573 000	1 142 000
Total Current Debt	595 000	424 000	4 781 000	1 334 000
Total Equity and Debt	34 911 000	35 343 000	35 531 000	37 219 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−29,24 %	−26,48 %	−20,24 %	−9,41 %
Debt-to-Equity Ratio	6,57	6,85	6,11	3,4
Operating Profit Margin	−140,98 %	−120,82 %	−33,59 %	−10,72 %
Current Ratio	3,45	4,31	0,29	1,8
Quick Ratio	3,45	4,31	0,29	1,8
Equity Ratio	0,13	0,13	0,12	0,22
Gross Profit Margin	100 %	100 %	100 %	100 %