VÆRBITT AS

7033 TRONDHEIM

Finances

Share Ownership

Return on Equity

−3,26 %

Current Ratio

4,52

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	80 000	80 000	80 000	80 000
Net Income	−135 000	−106 000	−147 000	−191 000
Total Assets	4 335 000	4 358 000	4 501 000	4 570 000
Total Equity	4 140 000	4 275 000	4 380 000	4 527 000

Income (NOK)	2022	2021	2020	2019
Revenue	80 000	80 000	80 000	80 000
Expenditure	212 000	185 000	226 000	282 000
Operating Profit	−131 000	−106 000	−146 000	−202 000
Financial Income	0	0	0	15 000
Financial Costs	4 000	0	1 000	4 000
Financial Balance	−4 000	0	−1 000	11 000
Earnings Before Tax	−135 000	−106 000	−147 000	−191 000
Tax	0	0	0	0
Net Income	−135 000	−106 000	−147 000	−191 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 240 000	4 240 000	4 340 000	4 340 000
Total Current Assets	95 000	118 000	161 000	230 000
Total Assets	4 335 000	4 358 000	4 501 000	4 570 000
Total Retained Equity	3 435 000	3 570 000	3 676 000	3 823 000
Total Equity	4 140 000	4 275 000	4 380 000	4 527 000
Total Long-Term Debt	174 000	72 000	108 000	26 000
Total Current Debt	21 000	11 000	13 000	17 000
Total Equity and Debt	4 335 000	4 358 000	4 501 000	4 570 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	80 000	80 000	80 000	80 000
Other Income	0	0	0	0
Revenue	80 000	80 000	80 000	80 000
Cost of Goods Sold	0	0	0	0
Salary Costs	16 000	20 000	20 000	24 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	212 000	185 000	226 000	282 000
Operating Profit	−131 000	−106 000	−146 000	−202 000
Financial Income	0	0	0	15 000
Financial Costs	4 000	0	1 000	4 000
Financial Balance	−4 000	0	−1 000	11 000
Dividends	0	0	0	0
Net Income	−135 000	−106 000	−147 000	−191 000

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	4 240 000	4 240 000	4 340 000	4 340 000
Total Fixed Assets	4 240 000	4 240 000	4 340 000	4 340 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	89 000	114 000	153 000	228 000
Total Current Assets	95 000	118 000	161 000	230 000
Total Assets	4 335 000	4 358 000	4 501 000	4 570 000
Total Equity	4 140 000	4 275 000	4 380 000	4 527 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	174 000	72 000	108 000	26 000
Creditors	21 000	11 000	13 000	17 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	21 000	11 000	13 000	17 000
Total Equity and Debt	4 335 000	4 358 000	4 501 000	4 570 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,26 %	−2,48 %	−3,36 %	−4,22 %
Debt-to-Equity Ratio	0,04	0,02	0,02	0,01
Operating Profit Margin	−163,75 %	−132,5 %	−182,5 %	−252,5 %
Current Ratio	4,52	10,73	12,38	13,53
Quick Ratio	4,52	10,73	12,38	13,53
Equity Ratio	0,96	0,98	0,97	0,99
Gross Profit Margin	100 %	100 %	100 %	100 %