VERDANE ELEVATE AS

0160 OSLO

Finances

Share Ownership

Return on Equity

8,07 %

Current Ratio

1,76

Debt-to-Equity Ratio

13,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 811 000	4 746 000	800 000	0
Net Income	26 000	253 000	18 000	0
Total Assets	10 675 000	6 234 000	807 000	30 000
Total Equity	322 000	295 000	42 000	30 000

Income (NOK)	2022	2021	2020
Revenue	12 811 000	4 746 000	800 000
Expenditure	12 679 000	4 348 000	779 000
Operating Profit	132 000	399 000	21 000
Financial Income	22 000	2 000	0
Financial Costs	128 000	76 000	0
Financial Balance	−106 000	−74 000	0
Earnings Before Tax	26 000	325 000	21 000
Tax	0	71 000	3 000
Net Income	26 000	253 000	18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	10 675 000	6 234 000	807 000	30 000
Total Assets	10 675 000	6 234 000	807 000	30 000
Total Retained Equity	292 000	265 000	18 000	0
Total Equity	322 000	295 000	42 000	30 000
Total Long-Term Debt	4 282 000	0	0	0
Total Current Debt	6 071 000	5 938 000	765 000	0
Total Equity and Debt	10 675 000	6 234 000	807 000	30 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	4 746 000	800 000
Other Income	12 811 000	0	0
Revenue	12 811 000	4 746 000	800 000
Cost of Goods Sold	0	0	0
Salary Costs	10 414 000	3 735 000	6 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	12 679 000	4 348 000	779 000
Operating Profit	132 000	399 000	21 000
Financial Income	22 000	2 000	0
Financial Costs	128 000	76 000	0
Financial Balance	−106 000	−74 000	0
Dividends	0	0	0
Net Income	26 000	253 000	18 000

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	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 235 000	2 584 000	789 000	30 000
Total Current Assets	10 675 000	6 234 000	807 000	30 000
Total Assets	10 675 000	6 234 000	807 000	30 000
Total Equity	322 000	295 000	42 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 282 000	0	0	0
Creditors	4 206 000	56 000	115 000	0
Unpaid Taxes	1 081 000	172 000	17 000	0
Dividends	0	0	0	0
Other Current Debt	784 000	5 640 000	630 000	0
Total Current Debt	6 071 000	5 938 000	765 000	0
Total Equity and Debt	10 675 000	6 234 000	807 000	30 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,07 %	85,76 %	42,86 %	0 %
Debt-to-Equity Ratio	13,3	0	0	0
Operating Profit Margin	1,03 %	8,41 %	2,63 %	-
Current Ratio	1,76	1,05	1,05	-
Quick Ratio	1,76	1,05	1,05	-
Equity Ratio	0,03	0,05	0,05	1
Gross Profit Margin	100 %	100 %	100 %	-