VESTRE RINGVEI 5 AS

1831 ASKIM

Finances

Share Ownership

Return on Equity

−8,26 %

Current Ratio

47,76

Debt-to-Equity Ratio

9,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	708 000	642 000	677 000	640 000
Net Income	−103 000	−19 000	4 000	17 000
Total Assets	13 014 000	13 065 000	13 220 000	13 265 000
Total Equity	1 247 000	1 350 000	1 369 000	1 365 000

Income (NOK)	2022	2021	2020	2019
Revenue	708 000	642 000	677 000	640 000
Expenditure	179 000	175 000	168 000	134 000
Operating Profit	529 000	467 000	509 000	506 000
Financial Income	0	0	0	32 000
Financial Costs	632 000	486 000	505 000	521 000
Financial Balance	−632 000	−486 000	−505 000	−489 000
Earnings Before Tax	−103 000	−19 000	4 000	17 000
Tax	0	0	0	0
Net Income	−103 000	−19 000	4 000	17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 050 000	13 052 000	13 151 000	13 251 000
Total Current Assets	3 964 000	13 000	68 000	14 000
Total Assets	13 014 000	13 065 000	13 220 000	13 265 000
Total Retained Equity	−578 000	−475 000	−456 000	−460 000
Total Equity	1 247 000	1 350 000	1 369 000	1 365 000
Total Long-Term Debt	11 685 000	11 707 000	11 830 000	11 855 000
Total Current Debt	83 000	9 000	20 000	45 000
Total Equity and Debt	13 014 000	13 065 000	13 220 000	13 265 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	708 000	642 000	677 000	640 000
Revenue	708 000	642 000	677 000	640 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	92 000	99 000	100 000	100 000
Impairment	0	0	0	0
Expenditure	179 000	175 000	168 000	134 000
Operating Profit	529 000	467 000	509 000	506 000
Financial Income	0	0	0	32 000
Financial Costs	632 000	486 000	505 000	521 000
Financial Balance	−632 000	−486 000	−505 000	−489 000
Dividends	0	0	0	0
Net Income	−103 000	−19 000	4 000	17 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 050 000	9 142 000	9 234 000	9 327 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	7 000	15 000
Total Tangible Assets	9 050 000	9 142 000	9 241 000	9 341 000
Total Fiancial Fixed Assets	0	3 910 000	3 910 000	3 910 000
Total Fixed Assets	9 050 000	13 052 000	13 151 000	13 251 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 000	3 000	3 000	7 000
Total Current Assets	3 964 000	13 000	68 000	14 000
Total Assets	13 014 000	13 065 000	13 220 000	13 265 000
Total Equity	1 247 000	1 350 000	1 369 000	1 365 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 685 000	11 707 000	11 830 000	11 855 000
Creditors	18 000	9 000	20 000	45 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	65 000	0	0	0
Total Current Debt	83 000	9 000	20 000	45 000
Total Equity and Debt	13 014 000	13 065 000	13 220 000	13 265 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,26 %	−1,41 %	0,29 %	1,25 %
Debt-to-Equity Ratio	9,37	8,67	8,64	8,68
Operating Profit Margin	74,72 %	72,74 %	75,18 %	79,06 %
Current Ratio	47,76	1,44	3,4	0,31
Quick Ratio	47,76	1,44	3,4	0,31
Equity Ratio	0,1	0,1	0,1	0,1
Gross Profit Margin	100 %	100 %	100 %	100 %