VASSTRANDA NÆRINGSPARK DRIFT AS

6160 HOVDEBYGDA

Finances

Share Ownership

Return on Equity

−22,67 %

Current Ratio

6,83

Debt-to-Equity Ratio

0,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	4 000	35 000
Net Income	−168 000	−99 000	−1 302 000	−227 000
Total Assets	1 039 000	1 213 000	1 363 000	3 056 000
Total Equity	741 000	908 000	1 008 000	2 309 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	4 000	35 000
Expenditure	215 000	127 000	1 671 000	327 000
Operating Profit	−215 000	−127 000	−1 667 000	−292 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	2 000	0
Financial Balance	0	−1 000	−2 000	0
Earnings Before Tax	−215 000	−127 000	−1 669 000	−292 000
Tax	−47 000	−28 000	−367 000	−64 000
Net Income	−168 000	−99 000	−1 302 000	−227 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	527 000	527 000	177 000	3 039 000
Total Current Assets	512 000	686 000	1 186 000	17 000
Total Assets	1 039 000	1 213 000	1 363 000	3 056 000
Total Retained Equity	641 000	808 000	908 000	2 209 000
Total Equity	741 000	908 000	1 008 000	2 309 000
Total Long-Term Debt	224 000	271 000	305 000	618 000
Total Current Debt	75 000	34 000	50 000	129 000
Total Equity and Debt	1 039 000	1 213 000	1 363 000	3 056 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	4 000	35 000
Revenue	0	0	4 000	35 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	1 000	141 000
Impairment	0	0	0	0
Expenditure	215 000	127 000	1 671 000	327 000
Operating Profit	−215 000	−127 000	−1 667 000	−292 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	2 000	0
Financial Balance	0	−1 000	−2 000	0
Dividends	0	0	0	0
Net Income	−168 000	−99 000	−1 302 000	−227 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	177 000	177 000	177 000	3 038 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	1 000
Total Tangible Assets	177 000	177 000	177 000	3 039 000
Total Fiancial Fixed Assets	350 000	350 000	0	0
Total Fixed Assets	527 000	527 000	177 000	3 039 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	485 000	680 000	1 181 000	7 000
Total Current Assets	512 000	686 000	1 186 000	17 000
Total Assets	1 039 000	1 213 000	1 363 000	3 056 000
Total Equity	741 000	908 000	1 008 000	2 309 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	224 000	271 000	305 000	618 000
Creditors	75 000	28 000	33 000	20 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	12 000	63 000
Total Current Debt	75 000	34 000	50 000	129 000
Total Equity and Debt	1 039 000	1 213 000	1 363 000	3 056 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−22,67 %	−10,9 %	−129,17 %	−9,83 %
Debt-to-Equity Ratio	0,3	0,3	0,3	0,27
Operating Profit Margin	-	-	−41 675 %	−834,29 %
Current Ratio	6,83	20,18	23,72	0,13
Quick Ratio	6,83	20,18	23,72	0,13
Equity Ratio	0,71	0,75	0,74	0,76
Gross Profit Margin	-	-	100 %	100 %