VERNAR AS

7884 SØRLI

Finances

Share Ownership

Return on Equity

−12,76 %

Current Ratio

26,45

Debt-to-Equity Ratio

1,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	187 000	178 000	4 377 000	645 000
Net Income	−164 000	15 000	−97 000	214 000
Total Assets	3 749 000	2 640 000	2 710 000	6 543 000
Total Equity	1 285 000	152 000	137 000	234 000

Income (NOK)	2022	2021	2020	2019
Revenue	187 000	178 000	4 377 000	645 000
Expenditure	236 000	69 000	4 292 000	110 000
Operating Profit	−49 000	109 000	85 000	535 000
Financial Income	0	0	0	0
Financial Costs	115 000	90 000	209 000	282 000
Financial Balance	−115 000	−90 000	−209 000	−282 000
Earnings Before Tax	−164 000	19 000	−124 000	252 000
Tax	0	4 000	−27 000	39 000
Net Income	−164 000	15 000	−97 000	214 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 400 000	2 400 000	2 400 000	2 400 000
Total Current Assets	1 349 000	240 000	310 000	4 143 000
Total Assets	3 749 000	2 640 000	2 710 000	6 543 000
Total Retained Equity	−53 000	111 000	96 000	193 000
Total Equity	1 285 000	152 000	137 000	234 000
Total Long-Term Debt	2 412 000	2 482 000	2 559 000	6 308 000
Total Current Debt	51 000	5 000	13 000	1 000
Total Equity and Debt	3 749 000	2 640 000	2 710 000	6 543 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	187 000	178 000	4 377 000	645 000
Revenue	187 000	178 000	4 377 000	645 000
Cost of Goods Sold	0	0	4 225 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	236 000	69 000	4 292 000	110 000
Operating Profit	−49 000	109 000	85 000	535 000
Financial Income	0	0	0	0
Financial Costs	115 000	90 000	209 000	282 000
Financial Balance	−115 000	−90 000	−209 000	−282 000
Dividends	0	0	0	0
Net Income	−164 000	15 000	−97 000	214 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 400 000	2 400 000	2 400 000	2 400 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 400 000	2 400 000	2 400 000	2 400 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 400 000	2 400 000	2 400 000	2 400 000
Stock	0	0	0	4 068 000
Total Investments	0	0	0	0
Cash, Bank	1 301 000	38 000	55 000	9 000
Total Current Assets	1 349 000	240 000	310 000	4 143 000
Total Assets	3 749 000	2 640 000	2 710 000	6 543 000
Total Equity	1 285 000	152 000	137 000	234 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 412 000	2 482 000	2 559 000	6 308 000
Creditors	39 000	1 000	2 000	1 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	12 000	0	0	0
Total Current Debt	51 000	5 000	13 000	1 000
Total Equity and Debt	3 749 000	2 640 000	2 710 000	6 543 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,76 %	9,87 %	−70,8 %	91,45 %
Debt-to-Equity Ratio	1,88	16,33	18,68	26,96
Operating Profit Margin	−26,2 %	61,24 %	1,94 %	82,95 %
Current Ratio	26,45	48	23,85	4 143
Quick Ratio	26,45	48	23,85	−1,02
Equity Ratio	0,34	0,06	0,05	0,04
Gross Profit Margin	100 %	100 %	3,47 %	100 %