VESTERJORDET AS

4885 GRIMSTAD

Finances

Share Ownership

Return on Equity

2,61 %

Current Ratio

1,78

Debt-to-Equity Ratio

2,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	175 000	187 000	171 000	189 000
Net Income	16 000	44 000	25 000	58 000
Total Assets	1 904 000	1 944 000	1 435 000	1 478 000
Total Equity	613 000	597 000	553 000	528 000

Income (NOK)	2022	2021	2020	2019
Revenue	175 000	187 000	171 000	189 000
Expenditure	97 000	97 000	107 000	104 000
Operating Profit	78 000	90 000	65 000	86 000
Financial Income	0	0	0	0
Financial Costs	57 000	33 000	32 000	40 000
Financial Balance	−57 000	−33 000	−32 000	−40 000
Earnings Before Tax	21 000	56 000	33 000	45 000
Tax	5 000	12 000	7 000	−13 000
Net Income	16 000	44 000	25 000	58 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 807 000	1 807 000	1 323 000	1 342 000
Total Current Assets	96 000	137 000	111 000	136 000
Total Assets	1 904 000	1 944 000	1 435 000	1 478 000
Total Retained Equity	113 000	97 000	53 000	28 000
Total Equity	613 000	597 000	553 000	528 000
Total Long-Term Debt	1 237 000	1 280 000	818 000	875 000
Total Current Debt	54 000	67 000	63 000	75 000
Total Equity and Debt	1 904 000	1 944 000	1 435 000	1 478 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	54 000	26 000	27 000	33 000
Other Income	121 000	160 000	144 000	156 000
Revenue	175 000	187 000	171 000	189 000
Cost of Goods Sold	4 000	7 000	3 000	13 000
Salary Costs	0	0	2 000	0
Depreciation	43 000	43 000	43 000	43 000
Impairment	0	0	0	0
Expenditure	97 000	97 000	107 000	104 000
Operating Profit	78 000	90 000	65 000	86 000
Financial Income	0	0	0	0
Financial Costs	57 000	33 000	32 000	40 000
Financial Balance	−57 000	−33 000	−32 000	−40 000
Dividends	0	0	0	0
Net Income	16 000	44 000	25 000	58 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	44 000	38 000	33 000	28 000
Real Eastate	1 764 000	1 769 000	1 291 000	1 314 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 764 000	1 769 000	1 291 000	1 314 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 807 000	1 807 000	1 323 000	1 342 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	79 000	94 000	86 000	106 000
Total Current Assets	96 000	137 000	111 000	136 000
Total Assets	1 904 000	1 944 000	1 435 000	1 478 000
Total Equity	613 000	597 000	553 000	528 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 237 000	1 280 000	818 000	875 000
Creditors	14 000	0	11 000	17 000
Unpaid Taxes	5 000	21 000	8 000	16 000
Dividends	0	0	0	0
Other Current Debt	25 000	29 000	32 000	27 000
Total Current Debt	54 000	67 000	63 000	75 000
Total Equity and Debt	1 904 000	1 944 000	1 435 000	1 478 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,61 %	7,37 %	4,52 %	10,98 %
Debt-to-Equity Ratio	2,02	2,14	1,48	1,66
Operating Profit Margin	44,57 %	48,13 %	38,01 %	45,5 %
Current Ratio	1,78	2,04	1,76	1,81
Quick Ratio	1,78	2,04	1,76	1,81
Equity Ratio	0,32	0,31	0,39	0,36
Gross Profit Margin	97,71 %	96,26 %	98,25 %	93,12 %