VINKELVEIEN 12 AS

4580 LYNGDAL

Finances

Share Ownership

Return on Equity

30,73 %

Current Ratio

0,19

Debt-to-Equity Ratio

4,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	217 000	222 000	212 000	240 000
Net Income	63 000	88 000	65 000	56 000
Total Assets	1 179 000	1 258 000	1 255 000	1 253 000
Total Equity	205 000	223 000	150 000	85 000

Income (NOK)	2022	2021	2020	2019
Revenue	217 000	222 000	212 000	240 000
Expenditure	112 000	102 000	107 000	138 000
Operating Profit	106 000	120 000	105 000	102 000
Financial Income	0	0	0	0
Financial Costs	43 000	32 000	40 000	46 000
Financial Balance	−43 000	−32 000	−40 000	−46 000
Earnings Before Tax	63 000	88 000	65 000	56 000
Tax	0	0	0	0
Net Income	63 000	88 000	65 000	56 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 157 000	1 157 000	1 170 000	1 170 000
Total Current Assets	22 000	101 000	85 000	82 000
Total Assets	1 179 000	1 258 000	1 255 000	1 253 000
Total Retained Equity	95 000	112 000	40 000	−25 000
Total Equity	205 000	223 000	150 000	85 000
Total Long-Term Debt	860 000	924 000	991 000	1 054 000
Total Current Debt	114 000	111 000	114 000	114 000
Total Equity and Debt	1 179 000	1 258 000	1 255 000	1 253 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	217 000	222 000	0	240 000
Other Income	0	0	212 000	0
Revenue	217 000	222 000	212 000	240 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	112 000	102 000	107 000	138 000
Operating Profit	106 000	120 000	105 000	102 000
Financial Income	0	0	0	0
Financial Costs	43 000	32 000	40 000	46 000
Financial Balance	−43 000	−32 000	−40 000	−46 000
Dividends	0	0	0	0
Net Income	63 000	88 000	65 000	56 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	42 000	42 000	55 000	55 000
Real Eastate	1 115 000	1 115 000	1 115 000	1 115 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 115 000	1 115 000	1 115 000	1 115 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 157 000	1 157 000	1 170 000	1 170 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	22 000	44 000	27 000	42 000
Total Current Assets	22 000	101 000	85 000	82 000
Total Assets	1 179 000	1 258 000	1 255 000	1 253 000
Total Equity	205 000	223 000	150 000	85 000
Short-Term Group Debt	0	0	110 000	0
Total Long-Term Debt	860 000	924 000	991 000	1 054 000
Creditors	0	0	0	0
Unpaid Taxes	3 000	3 000	3 000	3 000
Dividends	0	0	0	0
Other Current Debt	110 000	110 000	0	110 000
Total Current Debt	114 000	111 000	114 000	114 000
Total Equity and Debt	1 179 000	1 258 000	1 255 000	1 253 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,73 %	39,46 %	43,33 %	65,88 %
Debt-to-Equity Ratio	4,2	4,14	6,61	12,4
Operating Profit Margin	48,85 %	54,05 %	49,53 %	42,5 %
Current Ratio	0,19	0,91	0,75	0,72
Quick Ratio	0,19	0,91	0,75	0,72
Equity Ratio	0,17	0,18	0,12	0,07
Gross Profit Margin	100 %	100 %	100 %	100 %