VASSBOTNEN 11 AS

4008 STAVANGER

Finances

Share Ownership

Return on Equity

−56,77 %

Current Ratio

3,16

Debt-to-Equity Ratio

56,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 148 000	3 912 000	6 424 000	9 991 000
Net Income	−503 000	−184 000	763 000	3 962 000
Total Assets	52 765 000	53 522 000	54 474 000	54 586 000
Total Equity	886 000	500 000	1 344 000	1 964 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 148 000	3 912 000	6 424 000	9 991 000
Expenditure	2 822 000	2 743 000	4 010 000	3 471 000
Operating Profit	1 325 000	1 169 000	2 414 000	3 048 000
Financial Income	54 000	10 000	23 000	43 000
Financial Costs	1 743 000	1 184 000	1 459 000	1 474 000
Financial Balance	−1 689 000	−1 174 000	−1 436 000	−1 431 000
Earnings Before Tax	−364 000	−5 000	978 000	5 088 000
Tax	139 000	179 000	215 000	1 126 000
Net Income	−503 000	−184 000	763 000	3 962 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	46 301 000	48 827 000	51 352 000	53 877 000
Total Current Assets	6 463 000	4 696 000	3 122 000	708 000
Total Assets	52 765 000	53 522 000	54 474 000	54 586 000
Total Retained Equity	386 000	0	844 000	1 464 000
Total Equity	886 000	500 000	1 344 000	1 964 000
Total Long-Term Debt	49 831 000	50 607 000	51 327 000	46 775 000
Total Current Debt	2 048 000	2 416 000	1 803 000	5 847 000
Total Equity and Debt	52 765 000	53 522 000	54 474 000	54 586 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	4 148 000	3 912 000	6 424 000	9 991 000
Revenue	4 148 000	3 912 000	6 424 000	9 991 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	2 525 000	2 525 000	2 525 000	2 525 000
Impairment	0	0	0	0
Expenditure	2 822 000	2 743 000	4 010 000	3 471 000
Operating Profit	1 325 000	1 169 000	2 414 000	3 048 000
Financial Income	54 000	10 000	23 000	43 000
Financial Costs	1 743 000	1 184 000	1 459 000	1 474 000
Financial Balance	−1 689 000	−1 174 000	−1 436 000	−1 431 000
Dividends	0	0	0	0
Net Income	−503 000	−184 000	763 000	3 962 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	46 271 000	48 797 000	51 322 000	53 847 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	30 000	30 000	30 000	30 000
Total Tangible Assets	46 301 000	48 827 000	51 352 000	53 877 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	46 301 000	48 827 000	51 352 000	53 877 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 419 000	4 628 000	3 059 000	562 000
Total Current Assets	6 463 000	4 696 000	3 122 000	708 000
Total Assets	52 765 000	53 522 000	54 474 000	54 586 000
Total Equity	886 000	500 000	1 344 000	1 964 000
Short-Term Group Debt	0	845 000	1 773 000	5 767 000
Total Long-Term Debt	49 831 000	50 607 000	51 327 000	46 775 000
Creditors	63 000	61 000	30 000	80 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 764 000	1 498 000	0	0
Total Current Debt	2 048 000	2 416 000	1 803 000	5 847 000
Total Equity and Debt	52 765 000	53 522 000	54 474 000	54 586 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−56,77 %	−36,8 %	56,77 %	201,73 %
Debt-to-Equity Ratio	56,24	101,21	38,19	23,82
Operating Profit Margin	31,94 %	29,88 %	37,58 %	30,51 %
Current Ratio	3,16	1,94	1,73	0,12
Quick Ratio	3,16	1,94	1,73	0,12
Equity Ratio	0,02	0,01	0,02	0,04
Gross Profit Margin	100 %	100 %	100 %	100 %