VASSBAKK EIENDOM AS

4250 KOPERVIK

Finances

Return on Equity

−51,12 %

Current Ratio

27,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	88 000	0	0	0
Net Income	−2 541 000	12 679 000	−7 000	−7 000
Total Assets	5 122 000	12 622 000	2 217 000	2 215 000
Total Equity	4 971 000	7 512 000	663 000	670 000

Income (NOK)	2022	2021	2020	2019
Revenue	88 000	0	0	0
Expenditure	2 580 000	340 000	9 000	9 000
Operating Profit	−2 492 000	−340 000	−9 000	−9 000
Financial Income	47 000	12 946 000	0	0
Financial Costs	0	0	0	0
Financial Balance	47 000	12 946 000	0	0
Earnings Before Tax	−2 444 000	12 606 000	−9 000	−9 000
Tax	97 000	−73 000	−2 000	−2 000
Net Income	−2 541 000	12 679 000	−7 000	−7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 020 000	4 240 000	858 000	856 000
Total Current Assets	4 102 000	8 381 000	1 359 000	1 359 000
Total Assets	5 122 000	12 622 000	2 217 000	2 215 000
Total Retained Equity	4 842 000	7 384 000	534 000	541 000
Total Equity	4 971 000	7 512 000	663 000	670 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	151 000	5 110 000	1 554 000	1 545 000
Total Equity and Debt	5 122 000	12 622 000	2 217 000	2 215 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	84 000	0	0	0
Other Income	3 000	0	0	0
Revenue	88 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	735 000	295 000	0	0
Depreciation	94 000	17 000	0	0
Impairment	0	0	0	0
Expenditure	2 580 000	340 000	9 000	9 000
Operating Profit	−2 492 000	−340 000	−9 000	−9 000
Financial Income	47 000	12 946 000	0	0
Financial Costs	0	0	0	0
Financial Balance	47 000	12 946 000	0	0
Dividends	0	0	0	0
Net Income	−2 541 000	12 679 000	−7 000	−7 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	97 000	24 000	22 000
Real Eastate	0	3 076 000	0	0
Machinery and Plant Facilities	920 000	1 067 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	920 000	4 143 000	0	0
Total Fiancial Fixed Assets	100 000	0	835 000	835 000
Total Fixed Assets	1 020 000	4 240 000	858 000	856 000
Stock	1 795 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 942 000	7 012 000	0	0
Total Current Assets	4 102 000	8 381 000	1 359 000	1 359 000
Total Assets	5 122 000	12 622 000	2 217 000	2 215 000
Total Equity	4 971 000	7 512 000	663 000	670 000
Short-Term Group Debt	0	0	1 554 000	1 545 000
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	41 000	91 000	0	0
Dividends	0	0	0	0
Other Current Debt	110 000	5 018 000	0	0
Total Current Debt	151 000	5 110 000	1 554 000	1 545 000
Total Equity and Debt	5 122 000	12 622 000	2 217 000	2 215 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−51,12 %	168,78 %	−1,06 %	−1,04 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−2 831,82 %	-	-	-
Current Ratio	27,17	1,64	0,87	0,88
Quick Ratio	−2,5	1,64	0,87	0,88
Equity Ratio	0,97	0,6	0,3	0,3
Gross Profit Margin	100 %	-	-	-