VESTERNTANGEN AS

3513 HØNEFOSS

Finances

Share Ownership

Return on Equity

−0,88 %

Current Ratio

0,82

Debt-to-Equity Ratio

0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	511 000	505 000	522 000	482 000
Net Income	−15 000	−45 000	130 000	−3 000
Total Assets	2 426 000	2 512 000	2 779 000	2 814 000
Total Equity	1 705 000	1 720 000	1 765 000	1 635 000

Income (NOK)	2022	2021	2020	2019
Revenue	511 000	505 000	522 000	482 000
Expenditure	476 000	476 000	318 000	439 000
Operating Profit	35 000	28 000	204 000	43 000
Financial Income	1 000	0	0	0
Financial Costs	25 000	29 000	38 000	47 000
Financial Balance	−24 000	−29 000	−38 000	−47 000
Earnings Before Tax	10 000	−1 000	167 000	−3 000
Tax	26 000	18 000	37 000	0
Net Income	−15 000	−45 000	130 000	−3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 214 000	2 401 000	2 556 000	2 732 000
Total Current Assets	211 000	111 000	223 000	82 000
Total Assets	2 426 000	2 512 000	2 779 000	2 814 000
Total Retained Equity	205 000	220 000	265 000	135 000
Total Equity	1 705 000	1 720 000	1 765 000	1 635 000
Total Long-Term Debt	462 000	680 000	892 000	1 093 000
Total Current Debt	258 000	111 000	122 000	86 000
Total Equity and Debt	2 426 000	2 512 000	2 779 000	2 814 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	522 000	482 000
Other Income	511 000	505 000	0	0
Revenue	511 000	505 000	522 000	482 000
Cost of Goods Sold	0	0	0	0
Salary Costs	204 000	172 000	103 000	92 000
Depreciation	178 000	178 000	176 000	174 000
Impairment	0	0	0	0
Expenditure	476 000	476 000	318 000	439 000
Operating Profit	35 000	28 000	204 000	43 000
Financial Income	1 000	0	0	0
Financial Costs	25 000	29 000	38 000	47 000
Financial Balance	−24 000	−29 000	−38 000	−47 000
Dividends	0	0	0	0
Net Income	−15 000	−45 000	130 000	−3 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 222 000	2 401 000	2 021 000	2 104 000
Machinery and Plant Facilities	0	0	535 000	628 000
Fixtures	0	0	0	0
Total Tangible Assets	2 222 000	2 401 000	2 556 000	2 732 000
Total Fiancial Fixed Assets	−8 000	0	0	0
Total Fixed Assets	2 214 000	2 401 000	2 556 000	2 732 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	33 000	36 000	239 000	76 000
Total Current Assets	211 000	111 000	223 000	82 000
Total Assets	2 426 000	2 512 000	2 779 000	2 814 000
Total Equity	1 705 000	1 720 000	1 765 000	1 635 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	462 000	680 000	892 000	1 093 000
Creditors	−1 000	1 000	0	2 000
Unpaid Taxes	109 000	62 000	84 000	70 000
Dividends	0	0	0	0
Other Current Debt	124 000	30 000	7 000	14 000
Total Current Debt	258 000	111 000	122 000	86 000
Total Equity and Debt	2 426 000	2 512 000	2 779 000	2 814 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,88 %	−2,62 %	7,37 %	−0,18 %
Debt-to-Equity Ratio	0,27	0,4	0,51	0,67
Operating Profit Margin	6,85 %	5,54 %	39,08 %	8,92 %
Current Ratio	0,82	1	1,83	0,95
Quick Ratio	0,82	1	1,83	0,95
Equity Ratio	0,7	0,68	0,64	0,58
Gross Profit Margin	100 %	100 %	100 %	100 %