VESTRE RINGVEI 16 AS

1831 ASKIM

Finances

Share Ownership

Return on Equity

6,87 %

Current Ratio

0,49

Debt-to-Equity Ratio

1,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 297 000	2 019 000	2 119 000	1 983 000
Net Income	504 000	351 000	278 000	196 000
Total Assets	21 883 000	21 684 000	22 170 000	22 104 000
Total Equity	7 331 000	6 826 000	7 400 000	7 122 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 297 000	2 019 000	2 119 000	1 983 000
Expenditure	1 028 000	1 082 000	1 236 000	1 175 000
Operating Profit	1 269 000	937 000	883 000	808 000
Financial Income	1 000	3 000	1 000	0
Financial Costs	624 000	490 000	527 000	556 000
Financial Balance	−623 000	−487 000	−526 000	−556 000
Earnings Before Tax	646 000	451 000	357 000	252 000
Tax	142 000	99 000	78 000	55 000
Net Income	504 000	351 000	278 000	196 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 530 000	20 580 000	21 035 000	21 462 000
Total Current Assets	353 000	1 104 000	1 135 000	642 000
Total Assets	21 883 000	21 684 000	22 170 000	22 104 000
Total Retained Equity	2 410 000	1 906 000	2 479 000	2 201 000
Total Equity	7 331 000	6 826 000	7 400 000	7 122 000
Total Long-Term Debt	13 828 000	14 347 000	14 309 000	14 284 000
Total Current Debt	724 000	511 000	461 000	698 000
Total Equity and Debt	21 883 000	21 684 000	22 170 000	22 104 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 000	45 000	12 000	51 000
Other Income	2 272 000	1 974 000	2 107 000	1 932 000
Revenue	2 297 000	2 019 000	2 119 000	1 983 000
Cost of Goods Sold	0	4 000	83 000	10 000
Salary Costs	0	0	0	0
Depreciation	501 000	508 000	519 000	519 000
Impairment	0	0	0	0
Expenditure	1 028 000	1 082 000	1 236 000	1 175 000
Operating Profit	1 269 000	937 000	883 000	808 000
Financial Income	1 000	3 000	1 000	0
Financial Costs	624 000	490 000	527 000	556 000
Financial Balance	−623 000	−487 000	−526 000	−556 000
Dividends	0	925 000	0	0
Net Income	504 000	351 000	278 000	196 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	21 530 000	20 580 000	21 035 000	21 448 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	14 000
Total Tangible Assets	21 530 000	20 580 000	21 035 000	21 462 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	21 530 000	20 580 000	21 035 000	21 462 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	195 000	1 036 000	607 000	161 000
Total Current Assets	353 000	1 104 000	1 135 000	642 000
Total Assets	21 883 000	21 684 000	22 170 000	22 104 000
Total Equity	7 331 000	6 826 000	7 400 000	7 122 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 828 000	14 347 000	14 309 000	14 284 000
Creditors	90 000	0	0	339 000
Unpaid Taxes	0	4 000	0	2 000
Dividends	0	925 000	0	0
Other Current Debt	524 000	445 000	407 000	356 000
Total Current Debt	724 000	511 000	461 000	698 000
Total Equity and Debt	21 883 000	21 684 000	22 170 000	22 104 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,87 %	5,14 %	3,76 %	2,75 %
Debt-to-Equity Ratio	1,89	2,1	1,93	2,01
Operating Profit Margin	55,25 %	46,41 %	41,67 %	40,75 %
Current Ratio	0,49	2,16	2,46	0,92
Quick Ratio	0,49	2,16	2,46	0,92
Equity Ratio	0,34	0,31	0,33	0,32
Gross Profit Margin	100 %	99,8 %	96,08 %	99,5 %