VESTREGATE 2 EIENDOM AS

4836 ARENDAL

Finances

Share Ownership

Return on Equity

66,93 %

Current Ratio

1,11

Debt-to-Equity Ratio

5,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 734 000	1 062 000	575 000	824 000
Net Income	862 000	412 000	−419 000	−77 000
Total Assets	8 778 000	8 870 000	8 949 000	8 761 000
Total Equity	1 288 000	−1 336 000	−1 748 000	−1 328 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 734 000	1 062 000	575 000	824 000
Expenditure	872 000	650 000	739 000	529 000
Operating Profit	862 000	412 000	−165 000	295 000
Financial Income	0	0	6 000	13 000
Financial Costs	0	0	261 000	385 000
Financial Balance	0	0	−255 000	−372 000
Earnings Before Tax	862 000	412 000	−419 000	−77 000
Tax	0	0	0	0
Net Income	862 000	412 000	−419 000	−77 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 211 000	8 463 000	8 557 000	8 265 000
Total Current Assets	566 000	407 000	392 000	496 000
Total Assets	8 778 000	8 870 000	8 949 000	8 761 000
Total Retained Equity	−504 000	−1 366 000	−1 778 000	−1 358 000
Total Equity	1 288 000	−1 336 000	−1 748 000	−1 328 000
Total Long-Term Debt	6 979 000	8 114 000	0	9 787 000
Total Current Debt	511 000	2 092 000	10 697 000	302 000
Total Equity and Debt	8 778 000	8 870 000	8 949 000	8 761 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 734 000	1 062 000	575 000	824 000
Revenue	1 734 000	1 062 000	575 000	824 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	252 000	252 000	221 000	220 000
Impairment	0	0	0	0
Expenditure	872 000	650 000	739 000	529 000
Operating Profit	862 000	412 000	−165 000	295 000
Financial Income	0	0	6 000	13 000
Financial Costs	0	0	261 000	385 000
Financial Balance	0	0	−255 000	−372 000
Dividends	0	0	0	0
Net Income	862 000	412 000	−419 000	−77 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 211 000	8 463 000	8 557 000	8 265 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	8 211 000	8 463 000	8 557 000	8 265 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 211 000	8 463 000	8 557 000	8 265 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	134 000	359 000	87 000	163 000
Total Current Assets	566 000	407 000	392 000	496 000
Total Assets	8 778 000	8 870 000	8 949 000	8 761 000
Total Equity	1 288 000	−1 336 000	−1 748 000	−1 328 000
Short-Term Group Debt	0	1 762 000	9 876 000	0
Total Long-Term Debt	6 979 000	8 114 000	0	9 787 000
Creditors	603 000	329 000	566 000	233 000
Unpaid Taxes	−92 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	254 000	69 000
Total Current Debt	511 000	2 092 000	10 697 000	302 000
Total Equity and Debt	8 778 000	8 870 000	8 949 000	8 761 000

Financial indicators	2022	2021	2020	2019
Return on Equity	66,93 %	−30,84 %	23,97 %	5,8 %
Debt-to-Equity Ratio	5,42	−6,07	−0	−7,37
Operating Profit Margin	49,71 %	38,79 %	−28,7 %	35,8 %
Current Ratio	1,11	0,19	0,04	1,64
Quick Ratio	1,11	0,19	0,04	1,64
Equity Ratio	0,15	−0,15	−0,2	−0,15
Gross Profit Margin	100 %	100 %	100 %	100 %