VISNESVEIEN 107 AS

4262 AVALDSNES

Finances

Share Ownership

Return on Equity

13,31 %

Current Ratio

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	480 000	480 000	600 000	384 000
Net Income	254 000	−15 000	289 000	149 000
Total Assets	2 520 000	2 528 000	3 082 000	3 628 000
Total Equity	1 909 000	1 655 000	1 670 000	1 381 000

Income (NOK)	2022	2021	2020	2019
Revenue	480 000	480 000	600 000	384 000
Expenditure	136 000	470 000	182 000	160 000
Operating Profit	344 000	10 000	417 000	224 000
Financial Income	0	0	0	0
Financial Costs	19 000	30 000	47 000	33 000
Financial Balance	−19 000	−30 000	−47 000	−33 000
Earnings Before Tax	325 000	−19 000	370 000	191 000
Tax	71 000	−4 000	81 000	42 000
Net Income	254 000	−15 000	289 000	149 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 258 000	2 331 000	2 778 000	3 422 000
Total Current Assets	262 000	197 000	304 000	206 000
Total Assets	2 520 000	2 528 000	3 082 000	3 628 000
Total Retained Equity	857 000	603 000	618 000	330 000
Total Equity	1 909 000	1 655 000	1 670 000	1 381 000
Total Long-Term Debt	349 000	843 000	1 189 000	1 611 000
Total Current Debt	263 000	30 000	222 000	636 000
Total Equity and Debt	2 520 000	2 528 000	3 082 000	3 628 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	480 000	480 000	600 000	384 000
Revenue	480 000	480 000	600 000	384 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	73 000	83 000	84 000	84 000
Impairment	0	0	0	0
Expenditure	136 000	470 000	182 000	160 000
Operating Profit	344 000	10 000	417 000	224 000
Financial Income	0	0	0	0
Financial Costs	19 000	30 000	47 000	33 000
Financial Balance	−19 000	−30 000	−47 000	−33 000
Dividends	0	0	0	500 000
Net Income	254 000	−15 000	289 000	149 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 258 000	2 331 000	2 404 000	2 478 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	10 000	21 000
Total Tangible Assets	2 258 000	2 331 000	2 414 000	2 498 000
Total Fiancial Fixed Assets	0	0	364 000	924 000
Total Fixed Assets	2 258 000	2 331 000	2 778 000	3 422 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	259 000	193 000	301 000	202 000
Total Current Assets	262 000	197 000	304 000	206 000
Total Assets	2 520 000	2 528 000	3 082 000	3 628 000
Total Equity	1 909 000	1 655 000	1 670 000	1 381 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	349 000	843 000	1 189 000	1 611 000
Creditors	0	0	0	0
Unpaid Taxes	115 000	28 000	135 000	88 000
Dividends	0	0	0	500 000
Other Current Debt	77 000	2 000	3 000	5 000
Total Current Debt	263 000	30 000	222 000	636 000
Total Equity and Debt	2 520 000	2 528 000	3 082 000	3 628 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,31 %	−0,91 %	17,31 %	10,79 %
Debt-to-Equity Ratio	0,18	0,51	0,71	1,17
Operating Profit Margin	71,67 %	2,08 %	69,5 %	58,33 %
Current Ratio	1	6,57	1,37	0,32
Quick Ratio	1	6,57	1,37	0,32
Equity Ratio	0,76	0,65	0,54	0,38
Gross Profit Margin	100 %	100 %	100 %	100 %