DEFENDER AS

3172 VEAR

Finances

Share Ownership

Return on Equity

18,08 %

Current Ratio

18,75

Debt-to-Equity Ratio

−1,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	96 000	0	0	0
Net Income	−166 000	−138 000	−142 000	−527 000
Total Assets	150 000	491 000	25 000	52 000
Total Equity	−918 000	−752 000	−1 637 000	−1 472 000

Income (NOK)	2022	2021	2020	2019
Revenue	96 000	0	0	0
Expenditure	262 000	43 000	15 000	66 000
Operating Profit	−166 000	−43 000	−15 000	−66 000
Financial Income	0	0	0	0
Financial Costs	0	95 000	127 000	123 000
Financial Balance	0	−95 000	−127 000	−123 000
Earnings Before Tax	−166 000	−138 000	−142 000	−189 000
Tax	0	0	0	338 000
Net Income	−166 000	−138 000	−142 000	−527 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	150 000	491 000	25 000	52 000
Total Assets	150 000	491 000	25 000	52 000
Total Retained Equity	−2 018 000	−1 852 000	−1 714 000	−1 572 000
Total Equity	−918 000	−752 000	−1 637 000	−1 472 000
Total Long-Term Debt	1 061 000	1 047 000	452 000	314 000
Total Current Debt	8 000	196 000	1 210 000	1 209 000
Total Equity and Debt	150 000	491 000	25 000	52 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	96 000	0	0	0
Other Income	0	0	0	0
Revenue	96 000	0	0	0
Cost of Goods Sold	288 000	24 000	0	12 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	262 000	43 000	15 000	66 000
Operating Profit	−166 000	−43 000	−15 000	−66 000
Financial Income	0	0	0	0
Financial Costs	0	95 000	127 000	123 000
Financial Balance	0	−95 000	−127 000	−123 000
Dividends	0	0	0	0
Net Income	−166 000	−138 000	−142 000	−527 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	18 000	18 000	18 000	18 000
Total Investments	0	0	0	23 000
Cash, Bank	116 000	472 000	0	0
Total Current Assets	150 000	491 000	25 000	52 000
Total Assets	150 000	491 000	25 000	52 000
Total Equity	−918 000	−752 000	−1 637 000	−1 472 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 061 000	1 047 000	452 000	314 000
Creditors	8 000	209 000	209 000	209 000
Unpaid Taxes	0	−13 000	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	8 000	196 000	1 210 000	1 209 000
Total Equity and Debt	150 000	491 000	25 000	52 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,08 %	18,35 %	8,67 %	35,8 %
Debt-to-Equity Ratio	−1,16	−1,39	−0,28	−0,21
Operating Profit Margin	−172,92 %	-	-	-
Current Ratio	18,75	2,51	0,02	0,04
Quick Ratio	−15	2,76	0,02	0,04
Equity Ratio	−6,12	−1,53	−65,48	−28,31
Gross Profit Margin	−200 %	-	-	-