VATNE PROJECTS AS

0270 OSLO

Finances

Return on Equity

3,15 %

Current Ratio

1,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	159 000	0	0
Net Income	390 000	10 475 000	−337 000	−51 000
Total Assets	30 506 000	29 541 000	36 215 000	5 296 000
Total Equity	12 390 000	12 000 000	1 525 000	−9 452 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	159 000	0	0
Expenditure	133 000	70 000	14 000	74 000
Operating Profit	−133 000	88 000	−14 000	−74 000
Financial Income	1 138 000	14 497 000	174 000	195 000
Financial Costs	614 000	4 111 000	497 000	172 000
Financial Balance	524 000	10 386 000	−323 000	23 000
Earnings Before Tax	390 000	10 475 000	−337 000	−51 000
Tax	0	0	0	0
Net Income	390 000	10 475 000	−337 000	−51 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 045 000	7 846 000	30 850 000	0
Total Current Assets	22 461 000	21 695 000	5 365 000	5 296 000
Total Assets	30 506 000	29 541 000	36 215 000	5 296 000
Total Retained Equity	1 192 000	801 000	−9 673 000	−9 552 000
Total Equity	12 390 000	12 000 000	1 525 000	−9 452 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	18 115 000	17 541 000	34 690 000	14 748 000
Total Equity and Debt	30 506 000	29 541 000	36 215 000	5 296 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	159 000	0	0
Revenue	0	159 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	133 000	70 000	14 000	74 000
Operating Profit	−133 000	88 000	−14 000	−74 000
Financial Income	1 138 000	14 497 000	174 000	195 000
Financial Costs	614 000	4 111 000	497 000	172 000
Financial Balance	524 000	10 386 000	−323 000	23 000
Dividends	0	0	0	0
Net Income	390 000	10 475 000	−337 000	−51 000

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	8 045 000	7 846 000	30 850 000	0
Total Fixed Assets	8 045 000	7 846 000	30 850 000	0
Stock	0	0	562 000	562 000
Total Investments	0	0	0	0
Cash, Bank	369 000	350 000	904 000	689 000
Total Current Assets	22 461 000	21 695 000	5 365 000	5 296 000
Total Assets	30 506 000	29 541 000	36 215 000	5 296 000
Total Equity	12 390 000	12 000 000	1 525 000	−9 452 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 000	45 000	9 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	18 108 000	17 496 000	34 682 000	14 748 000
Total Current Debt	18 115 000	17 541 000	34 690 000	14 748 000
Total Equity and Debt	30 506 000	29 541 000	36 215 000	5 296 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,15 %	87,29 %	−22,1 %	0,54 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	-	55,35 %	-	-
Current Ratio	1,24	1,24	0,15	0,36
Quick Ratio	1,24	1,24	0,16	0,37
Equity Ratio	0,41	0,41	0,04	−1,78
Gross Profit Margin	-	100 %	-	-