VASSNESET EIENDOM AS

7170 ÅFJORD

Finances

Share Ownership

Return on Equity

4,85 %

Current Ratio

2,08

Debt-to-Equity Ratio

0,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 964 000	1 968 000	1 849 000	1 820 000
Net Income	557 000	392 000	439 000	380 000
Total Assets	16 496 000	17 136 000	17 970 000	18 583 000
Total Equity	11 477 000	11 220 000	11 228 000	11 189 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 964 000	1 968 000	1 849 000	1 820 000
Expenditure	1 115 000	1 352 000	1 138 000	1 137 000
Operating Profit	849 000	617 000	711 000	682 000
Financial Income	21 000	4 000	6 000	9 000
Financial Costs	156 000	118 000	153 000	203 000
Financial Balance	−135 000	−114 000	−147 000	−194 000
Earnings Before Tax	714 000	503 000	563 000	488 000
Tax	157 000	111 000	124 000	107 000
Net Income	557 000	392 000	439 000	380 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 060 000	15 950 000	16 840 000	17 730 000
Total Current Assets	1 435 000	1 185 000	1 130 000	854 000
Total Assets	16 496 000	17 136 000	17 970 000	18 583 000
Total Retained Equity	367 000	0	0	0
Total Equity	11 477 000	11 220 000	11 228 000	11 189 000
Total Long-Term Debt	4 330 000	5 180 000	6 005 000	6 797 000
Total Current Debt	689 000	735 000	738 000	597 000
Total Equity and Debt	16 496 000	17 136 000	17 970 000	18 583 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 964 000	1 968 000	1 849 000	1 820 000
Other Income	0	0	0	0
Revenue	1 964 000	1 968 000	1 849 000	1 820 000
Cost of Goods Sold	0	0	0	0
Salary Costs	54 000	112 000	104 000	119 000
Depreciation	890 000	890 000	890 000	869 000
Impairment	0	0	0	0
Expenditure	1 115 000	1 352 000	1 138 000	1 137 000
Operating Profit	849 000	617 000	711 000	682 000
Financial Income	21 000	4 000	6 000	9 000
Financial Costs	156 000	118 000	153 000	203 000
Financial Balance	−135 000	−114 000	−147 000	−194 000
Dividends	300 000	400 000	0	400 000
Net Income	557 000	392 000	439 000	380 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	14 393 000	15 047 000	15 701 000	16 355 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	667 000	903 000	1 139 000	1 374 000
Total Tangible Assets	15 060 000	15 950 000	16 840 000	17 730 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 060 000	15 950 000	16 840 000	17 730 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 122 000	1 079 000	1 124 000	659 000
Total Current Assets	1 435 000	1 185 000	1 130 000	854 000
Total Assets	16 496 000	17 136 000	17 970 000	18 583 000
Total Equity	11 477 000	11 220 000	11 228 000	11 189 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 330 000	5 180 000	6 005 000	6 797 000
Creditors	1 000	24 000	0	9 000
Unpaid Taxes	77 000	54 000	72 000	67 000
Dividends	300 000	400 000	0	400 000
Other Current Debt	66 000	67 000	68 000	69 000
Total Current Debt	689 000	735 000	738 000	597 000
Total Equity and Debt	16 496 000	17 136 000	17 970 000	18 583 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,85 %	3,49 %	3,91 %	3,4 %
Debt-to-Equity Ratio	0,38	0,46	0,53	0,61
Operating Profit Margin	43,23 %	31,35 %	38,45 %	37,47 %
Current Ratio	2,08	1,61	1,53	1,43
Quick Ratio	2,08	1,61	1,53	1,43
Equity Ratio	0,7	0,65	0,62	0,6
Gross Profit Margin	100 %	100 %	100 %	100 %