VERVEN C AS

4014 STAVANGER

Finances

Share Ownership

Return on Equity

14,1 %

Current Ratio

0,18

Debt-to-Equity Ratio

7,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	155 000	140 000	148 000	148 000
Net Income	43 000	34 000	41 000	33 000
Total Assets	2 546 000	2 546 000	2 546 000	2 547 000
Total Equity	305 000	261 000	227 000	186 000

Income (NOK)	2022	2021	2020	2019
Revenue	155 000	140 000	148 000	148 000
Expenditure	30 000	37 000	29 000	25 000
Operating Profit	125 000	103 000	118 000	122 000
Financial Income	3 000	4 000	3 000	0
Financial Costs	76 000	63 000	70 000	82 000
Financial Balance	−73 000	−59 000	−67 000	−82 000
Earnings Before Tax	52 000	43 000	52 000	41 000
Tax	8 000	9 000	10 000	8 000
Net Income	43 000	34 000	41 000	33 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 537 000	2 537 000	2 537 000	2 537 000
Total Current Assets	10 000	10 000	10 000	10 000
Total Assets	2 546 000	2 546 000	2 546 000	2 547 000
Total Retained Equity	205 000	161 000	127 000	86 000
Total Equity	305 000	261 000	227 000	186 000
Total Long-Term Debt	2 184 000	2 226 000	2 271 000	2 320 000
Total Current Debt	57 000	59 000	48 000	41 000
Total Equity and Debt	2 546 000	2 546 000	2 546 000	2 547 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	155 000	140 000	148 000	148 000
Revenue	155 000	140 000	148 000	148 000
Cost of Goods Sold	0	0	0	0
Salary Costs	6 000	12 000	6 000	2 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	30 000	37 000	29 000	25 000
Operating Profit	125 000	103 000	118 000	122 000
Financial Income	3 000	4 000	3 000	0
Financial Costs	76 000	63 000	70 000	82 000
Financial Balance	−73 000	−59 000	−67 000	−82 000
Dividends	0	0	0	0
Net Income	43 000	34 000	41 000	33 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 537 000	2 537 000	2 537 000	2 537 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 537 000	2 537 000	2 537 000	2 537 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 537 000	2 537 000	2 537 000	2 537 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 000	10 000	10 000	10 000
Total Current Assets	10 000	10 000	10 000	10 000
Total Assets	2 546 000	2 546 000	2 546 000	2 547 000
Total Equity	305 000	261 000	227 000	186 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 184 000	2 226 000	2 271 000	2 320 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	48 000	50 000	38 000	33 000
Total Current Debt	57 000	59 000	48 000	41 000
Total Equity and Debt	2 546 000	2 546 000	2 546 000	2 547 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,1 %	13,03 %	18,06 %	17,74 %
Debt-to-Equity Ratio	7,16	8,53	10	12,47
Operating Profit Margin	80,65 %	73,57 %	79,73 %	82,43 %
Current Ratio	0,18	0,17	0,21	0,24
Quick Ratio	0,18	0,17	0,21	0,24
Equity Ratio	0,12	0,1	0,09	0,07
Gross Profit Margin	100 %	100 %	100 %	100 %