VESTSIDEN HAGEBY V BORETTSLAG

3717 SKIEN

Finances

Share Ownership

Return on Equity

14,05 %

Current Ratio

4,03

Debt-to-Equity Ratio

5,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 740 000	3 702 000	3 636 000	3 543 000
Net Income	1 469 000	1 614 000	1 541 000	949 000
Total Assets	65 710 000	65 771 000	65 685 000	65 588 000
Total Equity	10 454 000	8 985 000	7 371 000	5 830 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 740 000	3 702 000	3 636 000	3 543 000
Expenditure	1 454 000	1 136 000	1 048 000	1 167 000
Operating Profit	2 286 000	2 484 000	2 447 000	1 881 000
Financial Income	15 000	2 000	6 000	17 000
Financial Costs	832 000	872 000	911 000	949 000
Financial Balance	−817 000	−870 000	−905 000	−932 000
Earnings Before Tax	1 469 000	1 696 000	1 683 000	1 444 000
Tax	0	0	0	0
Net Income	1 469 000	1 614 000	1 541 000	949 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	65 275 000	65 296 000	65 200 000	65 200 000
Total Current Assets	435 000	476 000	485 000	388 000
Total Assets	65 710 000	65 771 000	65 685 000	65 588 000
Total Retained Equity	10 454 000	8 985 000	7 371 000	5 830 000
Total Equity	10 454 000	8 985 000	7 371 000	5 830 000
Total Long-Term Debt	55 148 000	56 682 000	58 175 000	59 627 000
Total Current Debt	108 000	104 000	139 000	130 000
Total Equity and Debt	65 710 000	65 771 000	65 685 000	65 588 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 740 000	3 702 000	3 636 000	3 543 000
Revenue	3 740 000	3 702 000	3 636 000	3 543 000
Cost of Goods Sold	0	0	0	0
Salary Costs	59 000	58 000	54 000	55 000
Depreciation	20 000	5 000	0	0
Impairment	0	0	0	0
Expenditure	1 454 000	1 136 000	1 048 000	1 167 000
Operating Profit	2 286 000	2 484 000	2 447 000	1 881 000
Financial Income	15 000	2 000	6 000	17 000
Financial Costs	832 000	872 000	911 000	949 000
Financial Balance	−817 000	−870 000	−905 000	−932 000
Dividends	0	0	0	0
Net Income	1 469 000	1 614 000	1 541 000	949 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	65 275 000	65 296 000	65 200 000	65 200 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	65 275 000	65 296 000	65 200 000	65 200 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	65 275 000	65 296 000	65 200 000	65 200 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	272 000	289 000	292 000	172 000
Total Current Assets	435 000	476 000	485 000	388 000
Total Assets	65 710 000	65 771 000	65 685 000	65 588 000
Total Equity	10 454 000	8 985 000	7 371 000	5 830 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	55 148 000	56 682 000	58 175 000	59 627 000
Creditors	108 000	102 000	93 000	86 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	2 000	46 000	44 000
Total Current Debt	108 000	104 000	139 000	130 000
Total Equity and Debt	65 710 000	65 771 000	65 685 000	65 588 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,05 %	17,96 %	20,91 %	16,28 %
Debt-to-Equity Ratio	5,28	6,31	7,89	10,23
Operating Profit Margin	61,12 %	67,1 %	67,3 %	53,09 %
Current Ratio	4,03	4,58	3,49	2,98
Quick Ratio	4,03	4,58	3,49	2,98
Equity Ratio	0,16	0,14	0,11	0,09
Gross Profit Margin	100 %	100 %	100 %	100 %