VESTERAALENS INVEST AS

8400 SORTLAND

Finances

Return on Equity

−28,57 %

Current Ratio

0,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	84 435 000	90 608 000	80 886 000	68 390 000
Net Income	−40 637 000	−111 646 000	−27 682 000	−15 549 000
Total Assets	386 008 000	395 132 000	432 990 000	429 593 000
Total Equity	142 231 000	142 867 000	189 750 000	174 856 000

Income (NOK)	2022	2021	2020	2019
Revenue	84 435 000	90 608 000	80 886 000	68 390 000
Expenditure	119 654 000	194 112 000	96 185 000	79 757 000
Operating Profit	−33 196 000	−103 502 000	−15 299 000	−11 367 000
Financial Income	3 058 000	1 395 000	2 388 000	569 000
Financial Costs	10 499 000	7 597 000	14 624 000	6 233 000
Financial Balance	−7 441 000	−6 202 000	−12 236 000	−5 664 000
Earnings Before Tax	−40 637 000	−109 704 000	−27 535 000	−17 030 000
Tax	0	1 941 000	147 000	−1 481 000
Net Income	−40 637 000	−111 646 000	−27 682 000	−15 549 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	340 965 000	366 018 000	399 907 000	383 312 000
Total Current Assets	45 043 000	29 114 000	33 083 000	46 280 000
Total Assets	386 008 000	395 132 000	432 990 000	429 593 000
Total Retained Equity	−77 257 000	−128 866 000	−17 220 000	10 461 000
Total Equity	142 231 000	142 867 000	189 750 000	174 856 000
Total Long-Term Debt	141 564 000	156 710 000	173 234 000	181 259 000
Total Current Debt	102 213 000	95 555 000	70 007 000	73 477 000
Total Equity and Debt	386 008 000	395 132 000	432 990 000	429 593 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	82 805 000	85 495 000	77 660 000	68 070 000
Other Income	1 630 000	5 113 000	3 226 000	320 000
Revenue	84 435 000	90 608 000	80 886 000	68 390 000
Cost of Goods Sold	46 352 000	54 382 000	46 740 000	32 759 000
Salary Costs	22 955 000	26 714 000	24 430 000	22 884 000
Depreciation	22 219 000	25 727 000	10 057 000	6 577 000
Impairment	6 593 000	65 715 000	0	0
Expenditure	119 654 000	194 112 000	96 185 000	79 757 000
Operating Profit	−33 196 000	−103 502 000	−15 299 000	−11 367 000
Financial Income	3 058 000	1 395 000	2 388 000	569 000
Financial Costs	10 499 000	7 597 000	14 624 000	6 233 000
Financial Balance	−7 441 000	−6 202 000	−12 236 000	−5 664 000
Dividends	0	0	0	0
Net Income	−40 637 000	−111 646 000	−27 682 000	−15 549 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	18 171 000	25 495 000	31 690 000	31 348 000
Real Eastate	154 584 000	159 908 000	160 198 000	156 045 000
Machinery and Plant Facilities	146 919 000	174 379 000	197 175 000	190 787 000
Fixtures	631 000	869 000	1 037 000	1 606 000
Total Tangible Assets	302 133 000	335 155 000	360 236 000	350 264 000
Total Fiancial Fixed Assets	20 661 000	5 368 000	7 981 000	1 700 000
Total Fixed Assets	340 965 000	366 018 000	399 907 000	383 312 000
Stock	22 613 000	7 547 000	14 769 000	25 060 000
Total Investments	0	0	0	0
Cash, Bank	7 896 000	3 840 000	4 510 000	2 256 000
Total Current Assets	45 043 000	29 114 000	33 083 000	46 280 000
Total Assets	386 008 000	395 132 000	432 990 000	429 593 000
Total Equity	142 231 000	142 867 000	189 750 000	174 856 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	141 564 000	156 710 000	173 234 000	181 259 000
Creditors	7 934 000	14 519 000	9 557 000	27 395 000
Unpaid Taxes	1 702 000	1 333 000	714 000	1 269 000
Dividends	0	0	0	0
Other Current Debt	28 359 000	60 318 000	19 477 000	6 970 000
Total Current Debt	102 213 000	95 555 000	70 007 000	73 477 000
Total Equity and Debt	386 008 000	395 132 000	432 990 000	429 593 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−28,57 %	−78,15 %	−14,59 %	−8,89 %
Debt-to-Equity Ratio	1	1,1	0,91	1,04
Operating Profit Margin	−39,32 %	−114,23 %	−18,91 %	−16,62 %
Current Ratio	0,44	0,3	0,47	0,63
Quick Ratio	0,57	0,33	0,6	0,96
Equity Ratio	0,37	0,36	0,44	0,41
Gross Profit Margin	45,1 %	39,98 %	42,21 %	52,1 %