VESTREGATE 33 AS

9008 TROMSØ

Finances

Share Ownership

Return on Equity

2,65 %

Current Ratio

0,15

Debt-to-Equity Ratio

7,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 851 000	2 110 000	3 779 000	3 813 000
Net Income	81 000	15 000	−40 000	1 121 000
Total Assets	29 785 000	28 435 000	29 317 000	30 791 000
Total Equity	3 055 000	6 974 000	6 959 000	6 828 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 851 000	2 110 000	3 779 000	3 813 000
Expenditure	1 942 000	1 581 000	3 294 000	1 497 000
Operating Profit	908 000	529 000	485 000	2 314 000
Financial Income	0	0	0	2 000
Financial Costs	804 000	509 000	537 000	880 000
Financial Balance	−804 000	−509 000	−537 000	−878 000
Earnings Before Tax	104 000	19 000	−52 000	1 437 000
Tax	23 000	4 000	−11 000	316 000
Net Income	81 000	15 000	−40 000	1 121 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 096 000	27 958 000	28 219 000	27 433 000
Total Current Assets	689 000	477 000	1 098 000	3 358 000
Total Assets	29 785 000	28 435 000	29 317 000	30 791 000
Total Retained Equity	1 740 000	5 659 000	5 644 000	5 684 000
Total Equity	3 055 000	6 974 000	6 959 000	6 828 000
Total Long-Term Debt	22 163 000	21 404 000	21 826 000	22 894 000
Total Current Debt	4 567 000	57 000	532 000	1 070 000
Total Equity and Debt	29 785 000	28 435 000	29 317 000	30 791 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 162 000	0	3 048 000	3 035 000
Other Income	689 000	2 110 000	731 000	777 000
Revenue	2 851 000	2 110 000	3 779 000	3 813 000
Cost of Goods Sold	1 064 000	795 000	643 000	889 000
Salary Costs	0	0	0	0
Depreciation	453 000	440 000	440 000	440 000
Impairment	0	0	0	0
Expenditure	1 942 000	1 581 000	3 294 000	1 497 000
Operating Profit	908 000	529 000	485 000	2 314 000
Financial Income	0	0	0	2 000
Financial Costs	804 000	509 000	537 000	880 000
Financial Balance	−804 000	−509 000	−537 000	−878 000
Dividends	0	0	0	0
Net Income	81 000	15 000	−40 000	1 121 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	29 066 000	27 958 000	28 219 000	27 433 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	29 000	0	0	0
Total Tangible Assets	29 096 000	27 958 000	28 219 000	27 433 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	29 096 000	27 958 000	28 219 000	27 433 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	67 000	55 000	9 000	1 953 000
Total Current Assets	689 000	477 000	1 098 000	3 358 000
Total Assets	29 785 000	28 435 000	29 317 000	30 791 000
Total Equity	3 055 000	6 974 000	6 959 000	6 828 000
Short-Term Group Debt	4 258 000	0	0	0
Total Long-Term Debt	22 163 000	21 404 000	21 826 000	22 894 000
Creditors	309 000	57 000	12 000	58 000
Unpaid Taxes	0	0	57 000	85 000
Dividends	0	0	0	0
Other Current Debt	0	0	463 000	927 000
Total Current Debt	4 567 000	57 000	532 000	1 070 000
Total Equity and Debt	29 785 000	28 435 000	29 317 000	30 791 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,65 %	0,22 %	−0,57 %	16,42 %
Debt-to-Equity Ratio	7,25	3,07	3,14	3,35
Operating Profit Margin	31,85 %	25,07 %	12,83 %	60,69 %
Current Ratio	0,15	8,37	2,06	3,14
Quick Ratio	0,15	8,37	2,06	3,14
Equity Ratio	0,1	0,25	0,24	0,22
Gross Profit Margin	62,68 %	62,32 %	82,98 %	76,69 %