VERVET AS

9008 TROMSØ

Finances

Return on Equity

118,54 %

Current Ratio

0,63

Debt-to-Equity Ratio

0,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	313 841 000	314 368 000	195 683 000	1 351 000
Net Income	129 337 000	60 973 000	19 080 000	−1 810 000
Total Assets	1 121 737 000	1 220 877 000	777 636 000	462 896 000
Total Equity	109 111 000	120 057 000	59 083 000	37 866 000

Income (NOK)	2022	2021	2020	2019
Revenue	313 841 000	314 368 000	195 683 000	1 351 000
Expenditure	142 361 000	233 261 000	169 016 000	3 385 000
Operating Profit	171 481 000	81 107 000	26 667 000	−2 035 000
Financial Income	604 000	88 000	938 000	74 000
Financial Costs	6 355 000	3 006 000	3 082 000	360 000
Financial Balance	−5 751 000	−2 918 000	−2 144 000	−286 000
Earnings Before Tax	165 730 000	78 190 000	24 523 000	−2 321 000
Tax	36 394 000	17 216 000	5 443 000	−511 000
Net Income	129 337 000	60 973 000	19 080 000	−1 810 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	518 391 000	223 553 000	245 532 000	126 676 000
Total Current Assets	603 346 000	997 323 000	532 104 000	336 220 000
Total Assets	1 121 737 000	1 220 877 000	777 636 000	462 896 000
Total Retained Equity	69 107 000	80 053 000	19 080 000	0
Total Equity	109 111 000	120 057 000	59 083 000	37 866 000
Total Long-Term Debt	59 580 000	187 395 000	236 928 000	275 624 000
Total Current Debt	953 047 000	913 425 000	481 625 000	149 405 000
Total Equity and Debt	1 121 737 000	1 220 877 000	777 636 000	462 896 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	313 841 000	314 325 000	190 341 000	1 268 000
Other Income	0	43 000	5 341 000	83 000
Revenue	313 841 000	314 368 000	195 683 000	1 351 000
Cost of Goods Sold	126 871 000	222 438 000	162 984 000	1 944 000
Salary Costs	0	0	0	0
Depreciation	5 515 000	5 291 000	2 677 000	470 000
Impairment	0	0	0	0
Expenditure	142 361 000	233 261 000	169 016 000	3 385 000
Operating Profit	171 481 000	81 107 000	26 667 000	−2 035 000
Financial Income	604 000	88 000	938 000	74 000
Financial Costs	6 355 000	3 006 000	3 082 000	360 000
Financial Balance	−5 751 000	−2 918 000	−2 144 000	−286 000
Dividends	0	0	0	0
Net Income	129 337 000	60 973 000	19 080 000	−1 810 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	143 290 000	215 673 000	207 316 000	120 790 000
Machinery and Plant Facilities	350 261 000	0	0	0
Fixtures	5 269 000	6 083 000	6 397 000	2 678 000
Total Tangible Assets	498 819 000	221 756 000	213 713 000	123 468 000
Total Fiancial Fixed Assets	19 572 000	1 797 000	31 819 000	3 208 000
Total Fixed Assets	518 391 000	223 553 000	245 532 000	126 676 000
Stock	530 805 000	482 846 000	333 748 000	330 056 000
Total Investments	0	0	0	0
Cash, Bank	1 254 000	12 071 000	1 368 000	81 000
Total Current Assets	603 346 000	997 323 000	532 104 000	336 220 000
Total Assets	1 121 737 000	1 220 877 000	777 636 000	462 896 000
Total Equity	109 111 000	120 057 000	59 083 000	37 866 000
Short-Term Group Debt	188 904 000	0	0	0
Total Long-Term Debt	59 580 000	187 395 000	236 928 000	275 624 000
Creditors	32 772 000	58 811 000	26 320 000	22 092 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 268 000	13 781 000	63 041 000	38 111 000
Total Current Debt	953 047 000	913 425 000	481 625 000	149 405 000
Total Equity and Debt	1 121 737 000	1 220 877 000	777 636 000	462 896 000

Financial indicators	2022	2021	2020	2019
Return on Equity	118,54 %	50,79 %	32,29 %	−4,78 %
Debt-to-Equity Ratio	0,55	1,56	4,01	7,28
Operating Profit Margin	54,64 %	25,8 %	13,63 %	−150,63 %
Current Ratio	0,63	1,09	1,1	2,25
Quick Ratio	1,43	2,32	3,6	−1,86
Equity Ratio	0,1	0,1	0,08	0,08
Gross Profit Margin	59,57 %	29,24 %	16,71 %	−43,89 %