VANADIUM AS

6516 KRISTIANSUND N

Finances

Return on Equity

0,84 %

Current Ratio

27,43

Debt-to-Equity Ratio

2,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	56 000	0	0	0
Net Income	2 000	41 000	15 000	17 000
Total Assets	745 000	131 000	80 000	47 000
Total Equity	237 000	101 000	60 000	45 000

Income (NOK)	2022	2021	2020	2019
Revenue	56 000	0	0	0
Expenditure	46 000	11 000	30 000	11 000
Operating Profit	10 000	−11 000	−30 000	−11 000
Financial Income	0	0	0	68 000
Financial Costs	9 000	−49 000	−38 000	54 000
Financial Balance	−9 000	49 000	38 000	14 000
Earnings Before Tax	2 000	39 000	8 000	2 000
Tax	0	−2 000	−7 000	−14 000
Net Income	2 000	41 000	15 000	17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	553 000	129 000	78 000	33 000
Total Current Assets	192 000	2 000	2 000	14 000
Total Assets	745 000	131 000	80 000	47 000
Total Retained Equity	−383 000	−519 000	−560 000	−575 000
Total Equity	237 000	101 000	60 000	45 000
Total Long-Term Debt	501 000	31 000	21 000	3 000
Total Current Debt	7 000	0	0	0
Total Equity and Debt	745 000	131 000	80 000	47 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 000	0	0	0
Other Income	55 000	0	0	0
Revenue	56 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	27 000	0	0	0
Impairment	0	0	0	0
Expenditure	46 000	11 000	30 000	11 000
Operating Profit	10 000	−11 000	−30 000	−11 000
Financial Income	0	0	0	68 000
Financial Costs	9 000	−49 000	−38 000	54 000
Financial Balance	−9 000	49 000	38 000	14 000
Dividends	0	0	0	0
Net Income	2 000	41 000	15 000	17 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	42 000	39 000	33 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	462 000	0	0	0
Total Tangible Assets	462 000	0	0	0
Total Fiancial Fixed Assets	88 000	88 000	38 000	0
Total Fixed Assets	553 000	129 000	78 000	33 000
Stock	0	0	0	0
Total Investments	4 000	1 000	2 000	0
Cash, Bank	1 000	1 000	1 000	14 000
Total Current Assets	192 000	2 000	2 000	14 000
Total Assets	745 000	131 000	80 000	47 000
Total Equity	237 000	101 000	60 000	45 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	501 000	31 000	21 000	3 000
Creditors	7 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	7 000	0	0	0
Total Equity and Debt	745 000	131 000	80 000	47 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,84 %	40,59 %	25 %	37,78 %
Debt-to-Equity Ratio	2,11	0,31	0,35	0,07
Operating Profit Margin	17,86 %	-	-	-
Current Ratio	27,43	-	-	-
Quick Ratio	27,43	-	-	-
Equity Ratio	0,32	0,77	0,75	0,96
Gross Profit Margin	100 %	-	-	-