VEST-TELEMARK NÆRINGSPARK AS

3850 KVITESEID

Finances

Share Ownership

Return on Equity

−4,42 %

Current Ratio

9,86

Debt-to-Equity Ratio

2,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 459 000	2 254 000	2 006 000	1 517 000
Net Income	−512 000	213 000	37 000	−403 000
Total Assets	42 671 000	40 619 000	24 179 000	21 183 000
Total Equity	11 574 000	12 087 000	11 873 000	8 537 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 459 000	2 254 000	2 006 000	1 517 000
Expenditure	2 862 000	1 734 000	1 497 000	1 529 000
Operating Profit	597 000	521 000	508 000	−12 000
Financial Income	11 000	1 000	1 000	2 000
Financial Costs	1 264 000	249 000	462 000	507 000
Financial Balance	−1 253 000	−248 000	−461 000	−505 000
Earnings Before Tax	−657 000	274 000	47 000	−517 000
Tax	−145 000	60 000	10 000	−114 000
Net Income	−512 000	213 000	37 000	−403 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	39 250 000	36 450 000	21 049 000	20 787 000
Total Current Assets	3 421 000	4 169 000	3 130 000	397 000
Total Assets	42 671 000	40 619 000	24 179 000	21 183 000
Total Retained Equity	−2 937 000	−2 425 000	−2 638 000	−2 675 000
Total Equity	11 574 000	12 087 000	11 873 000	8 537 000
Total Long-Term Debt	30 750 000	11 677 000	12 016 000	12 352 000
Total Current Debt	347 000	16 855 000	290 000	295 000
Total Equity and Debt	42 671 000	40 619 000	24 179 000	21 183 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	41 000	0	7 000	0
Other Income	3 418 000	2 254 000	1 999 000	1 517 000
Revenue	3 459 000	2 254 000	2 006 000	1 517 000
Cost of Goods Sold	9 000	0	27 000	0
Salary Costs	112 000	53 000	25 000	37 000
Depreciation	876 000	668 000	474 000	515 000
Impairment	0	0	0	0
Expenditure	2 862 000	1 734 000	1 497 000	1 529 000
Operating Profit	597 000	521 000	508 000	−12 000
Financial Income	11 000	1 000	1 000	2 000
Financial Costs	1 264 000	249 000	462 000	507 000
Financial Balance	−1 253 000	−248 000	−461 000	−505 000
Dividends	0	0	0	0
Net Income	−512 000	213 000	37 000	−403 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	821 000	676 000	737 000	747 000
Real Eastate	38 140 000	35 646 000	20 304 000	20 020 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	289 000	128 000	8 000	20 000
Total Tangible Assets	38 429 000	35 774 000	20 313 000	20 040 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	39 250 000	36 450 000	21 049 000	20 787 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 378 000	3 472 000	3 015 000	289 000
Total Current Assets	3 421 000	4 169 000	3 130 000	397 000
Total Assets	42 671 000	40 619 000	24 179 000	21 183 000
Total Equity	11 574 000	12 087 000	11 873 000	8 537 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	30 750 000	11 677 000	12 016 000	12 352 000
Creditors	147 000	602 000	177 000	165 000
Unpaid Taxes	91 000	0	4 000	0
Dividends	0	0	0	0
Other Current Debt	109 000	108 000	108 000	130 000
Total Current Debt	347 000	16 855 000	290 000	295 000
Total Equity and Debt	42 671 000	40 619 000	24 179 000	21 183 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,42 %	1,76 %	0,31 %	−4,72 %
Debt-to-Equity Ratio	2,66	0,97	1,01	1,45
Operating Profit Margin	17,26 %	23,11 %	25,32 %	−0,79 %
Current Ratio	9,86	0,25	10,79	1,35
Quick Ratio	9,86	0,25	10,79	1,35
Equity Ratio	0,27	0,3	0,49	0,4
Gross Profit Margin	99,74 %	100 %	98,65 %	100 %