VANDRE AS

0554 OSLO

Finances

Share Ownership

Return on Equity

−265,65 %

Current Ratio

1,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	213 000	64 000	153 000
Net Income	−3 836 000	−1 137 000	−265 000
Total Assets	3 140 000	2 049 000	70 000
Total Equity	1 444 000	1 602 000	−240 000

Income (NOK)	2022	2021	2020
Revenue	213 000	64 000	153 000
Expenditure	4 042 000	1 201 000	418 000
Operating Profit	−3 830 000	−1 137 000	−265 000
Financial Income	0	1 000	0
Financial Costs	6 000	1 000	0
Financial Balance	−6 000	0	0
Earnings Before Tax	−3 836 000	−1 137 000	−265 000
Tax	0	0	0
Net Income	−3 836 000	−1 137 000	−265 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 349 000	223 000	0
Total Current Assets	1 791 000	1 826 000	70 000
Total Assets	3 140 000	2 049 000	70 000
Total Retained Equity	−5 238 000	−1 402 000	−265 000
Total Equity	1 444 000	1 602 000	−240 000
Total Long-Term Debt	0	0	202 000
Total Current Debt	1 696 000	446 000	108 000
Total Equity and Debt	3 140 000	2 049 000	70 000

Cash flow (NOK)	2022	2021	2020
Sales Income	182 000	64 000	53 000
Other Income	31 000	0	100 000
Revenue	213 000	64 000	153 000
Cost of Goods Sold	2 073 000	747 000	4 000
Salary Costs	1 269 000	249 000	82 000
Depreciation	14 000	4 000	0
Impairment	198 000	0	0
Expenditure	4 042 000	1 201 000	418 000
Operating Profit	−3 830 000	−1 137 000	−265 000
Financial Income	0	1 000	0
Financial Costs	6 000	1 000	0
Financial Balance	−6 000	0	0
Dividends	0	0	0
Net Income	−3 836 000	−1 137 000	−265 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	1 327 000	198 000	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	22 000	24 000	0
Total Tangible Assets	22 000	24 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	1 349 000	223 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 650 000	1 691 000	3 000
Total Current Assets	1 791 000	1 826 000	70 000
Total Assets	3 140 000	2 049 000	70 000
Total Equity	1 444 000	1 602 000	−240 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	202 000
Creditors	265 000	343 000	63 000
Unpaid Taxes	108 000	30 000	0
Dividends	0	0	0
Other Current Debt	1 323 000	73 000	45 000
Total Current Debt	1 696 000	446 000	108 000
Total Equity and Debt	3 140 000	2 049 000	70 000

Financial indicators	2022	2021	2020
Return on Equity	−265,65 %	−70,97 %	110,42 %
Debt-to-Equity Ratio	0	0	−0,84
Operating Profit Margin	−1 798,12 %	−1 776,56 %	−173,2 %
Current Ratio	1,06	4,09	0,65
Quick Ratio	1,06	4,09	0,65
Equity Ratio	0,46	0,78	−3,43
Gross Profit Margin	−873,24 %	−1 067,19 %	97,39 %