VESTHAGEN 4 AS

4344 BRYNE

Finances

Share Ownership

Return on Equity

17,12 %

Current Ratio

1,99

Debt-to-Equity Ratio

5,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 257 000	2 949 000	2 505 000	2 563 000
Net Income	564 000	680 000	220 000	318 000
Total Assets	21 815 000	21 718 000	21 921 000	21 641 000
Total Equity	3 295 000	2 731 000	2 551 000	2 831 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 257 000	2 949 000	2 505 000	2 563 000
Expenditure	1 783 000	1 437 000	1 520 000	1 339 000
Operating Profit	1 474 000	1 512 000	984 000	1 222 000
Financial Income	0	0	0	0
Financial Costs	750 000	640 000	702 000	817 000
Financial Balance	−750 000	−640 000	−702 000	−817 000
Earnings Before Tax	724 000	872 000	282 000	405 000
Tax	159 000	192 000	62 000	87 000
Net Income	564 000	680 000	220 000	318 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 843 000	19 528 000	20 222 000	20 975 000
Total Current Assets	1 972 000	2 190 000	1 699 000	666 000
Total Assets	21 815 000	21 718 000	21 921 000	21 641 000
Total Retained Equity	771 000	207 000	27 000	307 000
Total Equity	3 295 000	2 731 000	2 551 000	2 831 000
Total Long-Term Debt	17 528 000	18 204 000	18 615 000	18 658 000
Total Current Debt	992 000	784 000	755 000	152 000
Total Equity and Debt	21 815 000	21 718 000	21 921 000	21 641 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 257 000	2 949 000	2 505 000	2 563 000
Revenue	3 257 000	2 949 000	2 505 000	2 563 000
Cost of Goods Sold	0	0	78 000	4 000
Salary Costs	11 000	11 000	11 000	11 000
Depreciation	755 000	752 000	753 000	754 000
Impairment	0	0	0	0
Expenditure	1 783 000	1 437 000	1 520 000	1 339 000
Operating Profit	1 474 000	1 512 000	984 000	1 222 000
Financial Income	0	0	0	0
Financial Costs	750 000	640 000	702 000	817 000
Financial Balance	−750 000	−640 000	−702 000	−817 000
Dividends	0	500 000	500 000	0
Net Income	564 000	680 000	220 000	318 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	19 843 000	19 528 000	20 222 000	20 971 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	4 000
Total Tangible Assets	19 843 000	19 528 000	20 222 000	20 975 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	19 843 000	19 528 000	20 222 000	20 975 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 674 000	2 190 000	1 685 000	640 000
Total Current Assets	1 972 000	2 190 000	1 699 000	666 000
Total Assets	21 815 000	21 718 000	21 921 000	21 641 000
Total Equity	3 295 000	2 731 000	2 551 000	2 831 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 528 000	18 204 000	18 615 000	18 658 000
Creditors	761 000	92 000	140 000	50 000
Unpaid Taxes	0	64 000	73 000	54 000
Dividends	0	500 000	500 000	0
Other Current Debt	39 000	60 000	42 000	48 000
Total Current Debt	992 000	784 000	755 000	152 000
Total Equity and Debt	21 815 000	21 718 000	21 921 000	21 641 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,12 %	24,9 %	8,62 %	11,23 %
Debt-to-Equity Ratio	5,32	6,67	7,3	6,59
Operating Profit Margin	45,26 %	51,27 %	39,28 %	47,68 %
Current Ratio	1,99	2,79	2,25	4,38
Quick Ratio	1,99	2,79	2,25	4,38
Equity Ratio	0,15	0,13	0,12	0,13
Gross Profit Margin	100 %	100 %	96,89 %	99,84 %