VESTRE KANALKAI 20 AS

7010 TRONDHEIM

Finances

Share Ownership

Return on Equity

16,44 %

Current Ratio

1,02

Debt-to-Equity Ratio

1,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 276 000	2 170 000	1 872 000	2 101 000
Net Income	948 000	754 000	507 000	655 000
Total Assets	16 527 000	18 287 000	18 072 000	21 234 000
Total Equity	5 767 000	4 819 000	4 065 000	3 557 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 276 000	2 170 000	1 872 000	2 101 000
Expenditure	784 000	816 000	775 000	789 000
Operating Profit	1 491 000	1 354 000	1 097 000	1 311 000
Financial Income	0	0	0	1 000
Financial Costs	275 000	387 000	445 000	471 000
Financial Balance	−275 000	−387 000	−445 000	−470 000
Earnings Before Tax	1 216 000	967 000	652 000	841 000
Tax	268 000	213 000	145 000	186 000
Net Income	948 000	754 000	507 000	655 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 942 000	16 612 000	17 323 000	18 035 000
Total Current Assets	586 000	1 675 000	749 000	3 200 000
Total Assets	16 527 000	18 287 000	18 072 000	21 234 000
Total Retained Equity	3 961 000	3 012 000	2 258 000	1 751 000
Total Equity	5 767 000	4 819 000	4 065 000	3 557 000
Total Long-Term Debt	10 187 000	12 957 000	13 595 000	17 164 000
Total Current Debt	573 000	512 000	413 000	513 000
Total Equity and Debt	16 527 000	18 287 000	18 072 000	21 234 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 276 000	2 170 000	1 872 000	2 101 000
Revenue	2 276 000	2 170 000	1 872 000	2 101 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	670 000	711 000	711 000	711 000
Impairment	0	0	0	0
Expenditure	784 000	816 000	775 000	789 000
Operating Profit	1 491 000	1 354 000	1 097 000	1 311 000
Financial Income	0	0	0	1 000
Financial Costs	275 000	387 000	445 000	471 000
Financial Balance	−275 000	−387 000	−445 000	−470 000
Dividends	0	0	0	0
Net Income	948 000	754 000	507 000	655 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	15 942 000	16 612 000	17 323 000	18 035 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	15 942 000	16 612 000	17 323 000	18 035 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 942 000	16 612 000	17 323 000	18 035 000
Stock	0	0	0	0
Total Investments	0	0	0	997 000
Cash, Bank	386 000	1 475 000	549 000	1 890 000
Total Current Assets	586 000	1 675 000	749 000	3 200 000
Total Assets	16 527 000	18 287 000	18 072 000	21 234 000
Total Equity	5 767 000	4 819 000	4 065 000	3 557 000
Short-Term Group Debt	163 000	163 000	163 000	163 000
Total Long-Term Debt	10 187 000	12 957 000	13 595 000	17 164 000
Creditors	12 000	24 000	1 000	0
Unpaid Taxes	106 000	86 000	88 000	159 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	573 000	512 000	413 000	513 000
Total Equity and Debt	16 527 000	18 287 000	18 072 000	21 234 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,44 %	15,65 %	12,47 %	18,41 %
Debt-to-Equity Ratio	1,77	2,69	3,34	4,83
Operating Profit Margin	65,51 %	62,4 %	58,6 %	62,4 %
Current Ratio	1,02	3,27	1,81	6,24
Quick Ratio	1,02	3,27	1,81	6,24
Equity Ratio	0,35	0,26	0,22	0,17
Gross Profit Margin	100 %	100 %	100 %	100 %