VESTERÅLEN OLJE EIENDOM AS

8430 MYRE

Finances

Share Ownership

Return on Equity

6,22 %

Current Ratio

14,55

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	114 000	114 000	631 000	300 000
Net Income	43 000	14 000	297 000	7 000
Total Assets	771 000	757 000	767 000	2 484 000
Total Equity	691 000	648 000	633 000	336 000

Income (NOK)	2022	2021	2020	2019
Revenue	114 000	114 000	631 000	300 000
Expenditure	59 000	95 000	205 000	196 000
Operating Profit	55 000	19 000	426 000	104 000
Financial Income	0	0	0	0
Financial Costs	0	0	77 000	84 000
Financial Balance	0	0	−77 000	−84 000
Earnings Before Tax	55 000	18 000	350 000	20 000
Tax	12 000	4 000	52 000	12 000
Net Income	43 000	14 000	297 000	7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	1 803 000
Total Current Assets	771 000	757 000	767 000	681 000
Total Assets	771 000	757 000	767 000	2 484 000
Total Retained Equity	526 000	483 000	469 000	172 000
Total Equity	691 000	648 000	633 000	336 000
Total Long-Term Debt	27 000	34 000	42 000	1 604 000
Total Current Debt	53 000	76 000	91 000	543 000
Total Equity and Debt	771 000	757 000	767 000	2 484 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	114 000	114 000	300 000	300 000
Other Income	0	0	331 000	0
Revenue	114 000	114 000	631 000	300 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	104 000	119 000
Impairment	0	0	0	0
Expenditure	59 000	95 000	205 000	196 000
Operating Profit	55 000	19 000	426 000	104 000
Financial Income	0	0	0	0
Financial Costs	0	0	77 000	84 000
Financial Balance	0	0	−77 000	−84 000
Dividends	0	0	0	0
Net Income	43 000	14 000	297 000	7 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	1 803 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	1 803 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	1 803 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	70 000	21 000	123 000	38 000
Total Current Assets	771 000	757 000	767 000	681 000
Total Assets	771 000	757 000	767 000	2 484 000
Total Equity	691 000	648 000	633 000	336 000
Short-Term Group Debt	10 000	0	0	0
Total Long-Term Debt	27 000	34 000	42 000	1 604 000
Creditors	3 000	17 000	2 000	3 000
Unpaid Taxes	22 000	14 000	56 000	62 000
Dividends	0	0	0	0
Other Current Debt	0	33 000	23 000	466 000
Total Current Debt	53 000	76 000	91 000	543 000
Total Equity and Debt	771 000	757 000	767 000	2 484 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,22 %	2,16 %	46,92 %	2,08 %
Debt-to-Equity Ratio	0,04	0,05	0,07	4,77
Operating Profit Margin	48,25 %	16,67 %	67,51 %	34,67 %
Current Ratio	14,55	9,96	8,43	1,25
Quick Ratio	14,55	9,96	8,43	1,25
Equity Ratio	0,9	0,86	0,83	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %