NEDENES VEKST AS

4836 ARENDAL

Finances

Return on Equity

−218,86 %

Current Ratio

52,93

Debt-to-Equity Ratio

63,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	9 600 000	12 350 000	0
Net Income	−1 381 000	−333 000	3 618 000	−298 000
Total Assets	41 365 000	46 826 000	39 653 000	33 150 000
Total Equity	631 000	2 012 000	2 345 000	−1 274 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	9 600 000	12 350 000	0
Expenditure	94 000	10 028 000	7 712 000	382 000
Operating Profit	−94 000	−428 000	4 638 000	−382 000
Financial Income	347 000	0	1 000	0
Financial Costs	2 023 000	0	0	0
Financial Balance	−1 676 000	0	1 000	0
Earnings Before Tax	−1 771 000	−428 000	4 639 000	−382 000
Tax	−390 000	−95 000	1 021 000	−84 000
Net Income	−1 381 000	−333 000	3 618 000	−298 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 000	30 000	30 000	392 000
Total Current Assets	41 335 000	46 796 000	39 623 000	32 759 000
Total Assets	41 365 000	46 826 000	39 653 000	33 150 000
Total Retained Equity	517 000	1 898 000	2 230 000	−1 388 000
Total Equity	631 000	2 012 000	2 345 000	−1 274 000
Total Long-Term Debt	39 952 000	44 512 000	36 478 000	20 000 000
Total Current Debt	781 000	302 000	830 000	14 424 000
Total Equity and Debt	41 365 000	46 826 000	39 653 000	33 150 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	9 600 000	12 350 000	0
Other Income	0	0	0	0
Revenue	0	9 600 000	12 350 000	0
Cost of Goods Sold	0	9 970 000	7 535 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	94 000	10 028 000	7 712 000	382 000
Operating Profit	−94 000	−428 000	4 638 000	−382 000
Financial Income	347 000	0	1 000	0
Financial Costs	2 023 000	0	0	0
Financial Balance	−1 676 000	0	1 000	0
Dividends	0	0	0	0
Net Income	−1 381 000	−333 000	3 618 000	−298 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	392 000
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	30 000	30 000	30 000	0
Total Fixed Assets	30 000	30 000	30 000	392 000
Stock	35 336 000	33 658 000	39 361 000	32 640 000
Total Investments	0	0	0	0
Cash, Bank	863 000	498 000	262 000	119 000
Total Current Assets	41 335 000	46 796 000	39 623 000	32 759 000
Total Assets	41 365 000	46 826 000	39 653 000	33 150 000
Total Equity	631 000	2 012 000	2 345 000	−1 274 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	39 952 000	44 512 000	36 478 000	20 000 000
Creditors	0	241 000	798 000	3 744 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	781 000	61 000	0	4 578 000
Total Current Debt	781 000	302 000	830 000	14 424 000
Total Equity and Debt	41 365 000	46 826 000	39 653 000	33 150 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−218,86 %	−16,55 %	154,29 %	23,39 %
Debt-to-Equity Ratio	63,32	22,12	15,56	−15,7
Operating Profit Margin	-	−4,46 %	37,55 %	-
Current Ratio	52,93	154,95	47,74	2,27
Quick Ratio	−1,2	−1,4	−1,03	−1,8
Equity Ratio	0,02	0,04	0,06	−0,04
Gross Profit Margin	-	−3,85 %	38,99 %	-