VAE HOLDING AS

1746 SKJEBERG

Finances

Return on Equity

1,33 %

Current Ratio

1,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	26 000	48 000
Net Income	15 000	−7 000	−24 000	14 000
Total Assets	5 283 000	1 771 000	1 239 000	1 563 000
Total Equity	1 129 000	1 114 000	1 121 000	1 145 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	26 000	48 000
Expenditure	23 000	9 000	51 000	143 000
Operating Profit	−23 000	−9 000	−25 000	−95 000
Financial Income	45 000	0	2 000	128 000
Financial Costs	10 000	0	8 000	14 000
Financial Balance	35 000	0	−6 000	114 000
Earnings Before Tax	12 000	−9 000	−31 000	18 000
Tax	−3 000	−2 000	−7 000	4 000
Net Income	15 000	−7 000	−24 000	14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 000	37 000	37 000	364 000
Total Current Assets	5 253 000	1 733 000	1 201 000	1 199 000
Total Assets	5 283 000	1 771 000	1 239 000	1 563 000
Total Retained Equity	1 099 000	1 084 000	1 091 000	1 115 000
Total Equity	1 129 000	1 114 000	1 121 000	1 145 000
Total Long-Term Debt	5 000	8 000	10 000	276 000
Total Current Debt	4 149 000	649 000	107 000	142 000
Total Equity and Debt	5 283 000	1 771 000	1 239 000	1 563 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	26 000	48 000
Revenue	0	0	26 000	48 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	−8 000
Depreciation	0	0	0	61 000
Impairment	0	0	0	0
Expenditure	23 000	9 000	51 000	143 000
Operating Profit	−23 000	−9 000	−25 000	−95 000
Financial Income	45 000	0	2 000	128 000
Financial Costs	10 000	0	8 000	14 000
Financial Balance	35 000	0	−6 000	114 000
Dividends	0	0	0	0
Net Income	15 000	−7 000	−24 000	14 000

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	327 000
Total Tangible Assets	0	0	0	327 000
Total Fiancial Fixed Assets	30 000	37 000	37 000	37 000
Total Fixed Assets	30 000	37 000	37 000	364 000
Stock	0	0	0	0
Total Investments	970 000	0	0	0
Cash, Bank	4 237 000	1 731 000	1 693 000	821 000
Total Current Assets	5 253 000	1 733 000	1 201 000	1 199 000
Total Assets	5 283 000	1 771 000	1 239 000	1 563 000
Total Equity	1 129 000	1 114 000	1 121 000	1 145 000
Short-Term Group Debt	4 041 000	541 000	0	0
Total Long-Term Debt	5 000	8 000	10 000	276 000
Creditors	11 000	10 000	10 000	41 000
Unpaid Taxes	0	0	0	3 000
Dividends	0	0	0	0
Other Current Debt	97 000	97 000	97 000	97 000
Total Current Debt	4 149 000	649 000	107 000	142 000
Total Equity and Debt	5 283 000	1 771 000	1 239 000	1 563 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,33 %	−0,63 %	−2,14 %	1,22 %
Debt-to-Equity Ratio	0	0,01	0,01	0,24
Operating Profit Margin	-	-	−96,15 %	−197,92 %
Current Ratio	1,27	2,67	11,22	8,44
Quick Ratio	1,27	2,67	11,22	8,44
Equity Ratio	0,21	0,63	0,9	0,73
Gross Profit Margin	-	-	100 %	100 %