VÅRSTØLEN UTLEIGE AS

5713 VOSSESTRAND

Finances

Share Ownership

Return on Equity

−1,92 %

Current Ratio

2,26

Debt-to-Equity Ratio

1,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 266 000	2 851 000	19 443 000	4 039 000
Net Income	−454 000	−81 000	12 029 000	−114 000
Total Assets	58 968 000	60 747 000	68 979 000	64 864 000
Total Equity	23 703 000	24 157 000	24 238 000	15 262 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 266 000	2 851 000	19 443 000	4 039 000
Expenditure	2 762 000	2 224 000	2 717 000	2 556 000
Operating Profit	504 000	627 000	16 727 000	1 482 000
Financial Income	51 000	39 000	12 000	25 000
Financial Costs	1 136 000	770 000	1 317 000	1 654 000
Financial Balance	−1 085 000	−731 000	−1 305 000	−1 629 000
Earnings Before Tax	−582 000	−104 000	15 421 000	−146 000
Tax	−128 000	−23 000	3 393 000	−32 000
Net Income	−454 000	−81 000	12 029 000	−114 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	56 073 000	56 890 000	51 134 000	63 046 000
Total Current Assets	2 895 000	3 857 000	17 845 000	1 818 000
Total Assets	58 968 000	60 747 000	68 979 000	64 864 000
Total Retained Equity	9 436 000	9 890 000	9 971 000	995 000
Total Equity	23 703 000	24 157 000	24 238 000	15 262 000
Total Long-Term Debt	33 984 000	35 529 000	40 719 000	48 606 000
Total Current Debt	1 280 000	1 062 000	4 023 000	995 000
Total Equity and Debt	58 968 000	60 747 000	68 979 000	64 864 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 266 000	2 851 000	19 443 000	4 039 000
Revenue	3 266 000	2 851 000	19 443 000	4 039 000
Cost of Goods Sold	341 000	234 000	240 000	207 000
Salary Costs	69 000	57 000	53 000	35 000
Depreciation	1 151 000	1 044 000	1 289 000	1 206 000
Impairment	0	0	0	0
Expenditure	2 762 000	2 224 000	2 717 000	2 556 000
Operating Profit	504 000	627 000	16 727 000	1 482 000
Financial Income	51 000	39 000	12 000	25 000
Financial Costs	1 136 000	770 000	1 317 000	1 654 000
Financial Balance	−1 085 000	−731 000	−1 305 000	−1 629 000
Dividends	0	0	3 052 000	0
Net Income	−454 000	−81 000	12 029 000	−114 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	54 776 000	55 818 000	49 937 000	61 460 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 297 000	1 072 000	1 197 000	1 586 000
Total Tangible Assets	56 073 000	56 890 000	51 134 000	63 046 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	56 073 000	56 890 000	51 134 000	63 046 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 300 000	3 329 000	9 862 000	1 287 000
Total Current Assets	2 895 000	3 857 000	17 845 000	1 818 000
Total Assets	58 968 000	60 747 000	68 979 000	64 864 000
Total Equity	23 703 000	24 157 000	24 238 000	15 262 000
Short-Term Group Debt	0	0	3 052 000	0
Total Long-Term Debt	33 984 000	35 529 000	40 719 000	48 606 000
Creditors	73 000	77 000	128 000	28 000
Unpaid Taxes	26 000	0	20 000	11 000
Dividends	0	0	3 052 000	0
Other Current Debt	1 181 000	985 000	823 000	956 000
Total Current Debt	1 280 000	1 062 000	4 023 000	995 000
Total Equity and Debt	58 968 000	60 747 000	68 979 000	64 864 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,92 %	−0,34 %	49,63 %	−0,75 %
Debt-to-Equity Ratio	1,43	1,47	1,68	3,18
Operating Profit Margin	15,43 %	21,99 %	86,03 %	36,69 %
Current Ratio	2,26	3,63	4,44	1,83
Quick Ratio	2,26	3,63	4,44	1,83
Equity Ratio	0,4	0,4	0,35	0,24
Gross Profit Margin	89,56 %	91,79 %	98,77 %	94,87 %