VANADIS AS

0278 OSLO

Finances

Return on Equity

1,31 %

Current Ratio

5,73

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 731 000	2 471 000	7 712 000	4 383 000
Net Income	20 264 000	1 671 171 000	−10 452 000	145 505 000
Total Assets	1 781 459 000	2 762 930 000	463 213 000	411 311 000
Total Equity	1 541 060 000	1 833 867 000	267 695 000	278 147 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 731 000	2 471 000	7 712 000	4 383 000
Expenditure	5 693 000	3 376 000	7 174 000	8 529 000
Operating Profit	−962 000	−906 000	538 000	−4 146 000
Financial Income	40 454 000	1 686 979 000	6 905 000	167 094 000
Financial Costs	15 746 000	4 435 000	18 417 000	16 920 000
Financial Balance	24 708 000	1 682 544 000	−11 512 000	150 174 000
Earnings Before Tax	23 746 000	1 681 639 000	−10 974 000	146 027 000
Tax	3 482 000	10 467 000	−522 000	522 000
Net Income	20 264 000	1 671 171 000	−10 452 000	145 505 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	403 847 000	249 852 000	211 566 000	132 360 000
Total Current Assets	1 377 612 000	2 513 078 000	251 647 000	278 950 000
Total Assets	1 781 459 000	2 762 930 000	463 213 000	411 311 000
Total Retained Equity	1 498 523 000	1 791 330 000	225 158 000	235 610 000
Total Equity	1 541 060 000	1 833 867 000	267 695 000	278 147 000
Total Long-Term Debt	0	0	105 711 000	38 891 000
Total Current Debt	240 399 000	929 063 000	89 806 000	94 272 000
Total Equity and Debt	1 781 459 000	2 762 930 000	463 213 000	411 311 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 729 000	2 404 000	6 894 000	3 127 000
Other Income	2 000	67 000	818 000	1 256 000
Revenue	4 731 000	2 471 000	7 712 000	4 383 000
Cost of Goods Sold	0	3 000	0	0
Salary Costs	3 208 000	2 478 000	4 047 000	5 148 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 693 000	3 376 000	7 174 000	8 529 000
Operating Profit	−962 000	−906 000	538 000	−4 146 000
Financial Income	40 454 000	1 686 979 000	6 905 000	167 094 000
Financial Costs	15 746 000	4 435 000	18 417 000	16 920 000
Financial Balance	24 708 000	1 682 544 000	−11 512 000	150 174 000
Dividends	40 300 000	105 000 000	0	0
Net Income	20 264 000	1 671 171 000	−10 452 000	145 505 000

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	403 847 000	249 852 000	211 566 000	132 360 000
Total Fixed Assets	403 847 000	249 852 000	211 566 000	132 360 000
Stock	0	946 000	261 000	0
Total Investments	781 964 000	0	0	0
Cash, Bank	53 704 000	878 860 000	85 914 000	71 972 000
Total Current Assets	1 377 612 000	2 513 078 000	251 647 000	278 950 000
Total Assets	1 781 459 000	2 762 930 000	463 213 000	411 311 000
Total Equity	1 541 060 000	1 833 867 000	267 695 000	278 147 000
Short-Term Group Debt	131 697 000	845 856 000	85 545 000	78 777 000
Total Long-Term Debt	0	0	105 711 000	38 891 000
Creditors	155 000	0	76 000	135 000
Unpaid Taxes	485 000	518 000	2 034 000	1 060 000
Dividends	40 300 000	105 000 000	0	0
Other Current Debt	67 762 000	82 689 000	2 151 000	14 300 000
Total Current Debt	240 399 000	929 063 000	89 806 000	94 272 000
Total Equity and Debt	1 781 459 000	2 762 930 000	463 213 000	411 311 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,31 %	91,13 %	−3,9 %	52,31 %
Debt-to-Equity Ratio	0	0	0,39	0,14
Operating Profit Margin	−20,33 %	−36,67 %	6,98 %	−94,59 %
Current Ratio	5,73	2,7	2,8	2,96
Quick Ratio	5,73	2,71	2,81	2,96
Equity Ratio	0,87	0,66	0,58	0,68
Gross Profit Margin	100 %	99,88 %	100 %	100 %