VALUE MANAGEMENT AS

1168 OSLO

Finances

Return on Equity

12,97 %

Current Ratio

N/A

Debt-to-Equity Ratio

1,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	50 000	0	50 000	197 000
Net Income	145 000	−7 000	0	−47 000
Total Assets	3 203 000	3 081 000	2 240 000	1 995 000
Total Equity	1 118 000	976 000	981 000	1 011 000

Income (NOK)	2022	2021	2020	2019
Revenue	50 000	0	50 000	197 000
Expenditure	25 000	17 000	82 000	243 000
Operating Profit	25 000	−17 000	−32 000	−47 000
Financial Income	120 000	11 000	32 000	1 000
Financial Costs	0	0	0	14 000
Financial Balance	120 000	11 000	32 000	−13 000
Earnings Before Tax	145 000	−7 000	0	−60 000
Tax	0	0	0	−13 000
Net Income	145 000	−7 000	0	−47 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 194 000	3 080 000	2 236 000	1 860 000
Total Current Assets	9 000	1 000	4 000	136 000
Total Assets	3 203 000	3 081 000	2 240 000	1 995 000
Total Retained Equity	146 000	4 000	9 000	39 000
Total Equity	1 118 000	976 000	981 000	1 011 000
Total Long-Term Debt	2 085 000	2 105 000	1 251 000	0
Total Current Debt	0	0	8 000	984 000
Total Equity and Debt	3 203 000	3 081 000	2 240 000	1 995 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	50 000	0	50 000	50 000
Other Income	0	0	0	147 000
Revenue	50 000	0	50 000	197 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	2 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	25 000	17 000	82 000	243 000
Operating Profit	25 000	−17 000	−32 000	−47 000
Financial Income	120 000	11 000	32 000	1 000
Financial Costs	0	0	0	14 000
Financial Balance	120 000	11 000	32 000	−13 000
Dividends	0	0	0	0
Net Income	145 000	−7 000	0	−47 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	54 000	60 000	58 000	58 000
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	3 140 000	3 020 000	2 178 000	1 802 000
Total Fixed Assets	3 194 000	3 080 000	2 236 000	1 860 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	9 000	1 000	4 000	57 000
Total Current Assets	9 000	1 000	4 000	136 000
Total Assets	3 203 000	3 081 000	2 240 000	1 995 000
Total Equity	1 118 000	976 000	981 000	1 011 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 085 000	2 105 000	1 251 000	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	8 000	13 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	971 000
Total Current Debt	0	0	8 000	984 000
Total Equity and Debt	3 203 000	3 081 000	2 240 000	1 995 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,97 %	−0,72 %	0 %	−4,65 %
Debt-to-Equity Ratio	1,86	2,16	1,28	0
Operating Profit Margin	50 %	-	−64 %	−23,86 %
Current Ratio	-	-	0,5	0,14
Quick Ratio	-	-	0,5	0,14
Equity Ratio	0,35	0,32	0,44	0,51
Gross Profit Margin	100 %	-	100 %	100 %