VEGSUND EIENDOM AS

6010 ÅLESUND

Finances

Share Ownership

Return on Equity

−70,48 %

Current Ratio

70,7

Debt-to-Equity Ratio

5,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	122 000	419 000	388 000	419 000
Net Income	−148 000	206 000	203 000	195 000
Total Assets	1 432 000	1 495 000	1 124 000	837 000
Total Equity	210 000	219 000	159 000	168 000

Income (NOK)	2022	2021	2020	2019
Revenue	122 000	419 000	388 000	419 000
Expenditure	279 000	140 000	117 000	140 000
Operating Profit	−157 000	279 000	271 000	279 000
Financial Income	11 000	4 000	3 000	19 000
Financial Costs	44 000	18 000	13 000	49 000
Financial Balance	−33 000	−14 000	−10 000	−30 000
Earnings Before Tax	−190 000	264 000	260 000	249 000
Tax	−42 000	58 000	57 000	55 000
Net Income	−148 000	206 000	203 000	195 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	725 000	740 000	754 000	769 000
Total Current Assets	707 000	756 000	369 000	68 000
Total Assets	1 432 000	1 495 000	1 124 000	837 000
Total Retained Equity	0	0	0	9 000
Total Equity	210 000	219 000	159 000	168 000
Total Long-Term Debt	1 211 000	961 000	671 000	396 000
Total Current Debt	10 000	315 000	294 000	273 000
Total Equity and Debt	1 432 000	1 495 000	1 124 000	837 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	122 000	419 000	388 000	419 000
Revenue	122 000	419 000	388 000	419 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	17 000	17 000	17 000	19 000
Impairment	0	0	0	0
Expenditure	279 000	140 000	117 000	140 000
Operating Profit	−157 000	279 000	271 000	279 000
Financial Income	11 000	4 000	3 000	19 000
Financial Costs	44 000	18 000	13 000	49 000
Financial Balance	−33 000	−14 000	−10 000	−30 000
Dividends	0	0	0	0
Net Income	−148 000	206 000	203 000	195 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	18 000	16 000	13 000	10 000
Real Eastate	707 000	724 000	741 000	759 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	707 000	724 000	741 000	759 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	725 000	740 000	754 000	769 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	679 000	365 000	68 000
Total Current Assets	707 000	756 000	369 000	68 000
Total Assets	1 432 000	1 495 000	1 124 000	837 000
Total Equity	210 000	219 000	159 000	168 000
Short-Term Group Debt	10 000	0	0	0
Total Long-Term Debt	1 211 000	961 000	671 000	396 000
Creditors	0	0	0	0
Unpaid Taxes	0	13 000	12 000	11 000
Dividends	0	0	0	0
Other Current Debt	0	302 000	282 000	262 000
Total Current Debt	10 000	315 000	294 000	273 000
Total Equity and Debt	1 432 000	1 495 000	1 124 000	837 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−70,48 %	94,06 %	127,67 %	116,07 %
Debt-to-Equity Ratio	5,77	4,39	4,22	2,36
Operating Profit Margin	−128,69 %	66,59 %	69,85 %	66,59 %
Current Ratio	70,7	2,4	1,26	0,25
Quick Ratio	70,7	2,4	1,26	0,25
Equity Ratio	0,15	0,15	0,14	0,2
Gross Profit Margin	100 %	100 %	100 %	100 %