VERVEN 24B AS

4312 SANDNES

Finances

Share Ownership

Return on Equity

111,95 %

Current Ratio

0,18

Debt-to-Equity Ratio

−26,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	59 000	179 000	1 239 000	412 000
Net Income	−759 000	−685 000	−208 000	−465 000
Total Assets	20 539 000	11 103 000	10 509 000	10 962 000
Total Equity	−678 000	−2 349 000	−1 664 000	−1 457 000

Income (NOK)	2022	2021	2020	2019
Revenue	59 000	179 000	1 239 000	412 000
Expenditure	311 000	564 000	1 074 000	444 000
Operating Profit	−252 000	−385 000	165 000	−32 000
Financial Income	0	0	0	0
Financial Costs	507 000	300 000	373 000	433 000
Financial Balance	−507 000	−300 000	−373 000	−433 000
Earnings Before Tax	−759 000	−685 000	−208 000	−465 000
Tax	0	0	0	0
Net Income	−759 000	−685 000	−208 000	−465 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 921 000	10 951 000	11 117 000	10 951 000
Total Current Assets	618 000	152 000	−607 000	10 000
Total Assets	20 539 000	11 103 000	10 509 000	10 962 000
Total Retained Equity	−3 127 000	−2 368 000	−1 684 000	−1 476 000
Total Equity	−678 000	−2 349 000	−1 664 000	−1 457 000
Total Long-Term Debt	17 761 000	12 736 000	11 891 000	7 700 000
Total Current Debt	3 456 000	715 000	283 000	4 719 000
Total Equity and Debt	20 539 000	11 103 000	10 509 000	10 962 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 000	0	93 000	0
Other Income	28 000	179 000	1 147 000	412 000
Revenue	59 000	179 000	1 239 000	412 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	166 000	166 000	176 000
Impairment	0	0	0	0
Expenditure	311 000	564 000	1 074 000	444 000
Operating Profit	−252 000	−385 000	165 000	−32 000
Financial Income	0	0	0	0
Financial Costs	507 000	300 000	373 000	433 000
Financial Balance	−507 000	−300 000	−373 000	−433 000
Dividends	0	0	0	0
Net Income	−759 000	−685 000	−208 000	−465 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	19 921 000	10 951 000	11 117 000	10 951 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	19 921 000	10 951 000	11 117 000	10 951 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	19 921 000	10 951 000	11 117 000	10 951 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	14 000	0	−603 000	0
Total Current Assets	618 000	152 000	−607 000	10 000
Total Assets	20 539 000	11 103 000	10 509 000	10 962 000
Total Equity	−678 000	−2 349 000	−1 664 000	−1 457 000
Short-Term Group Debt	0	0	0	3 715 000
Total Long-Term Debt	17 761 000	12 736 000	11 891 000	7 700 000
Creditors	1 909 000	69 000	215 000	26 000
Unpaid Taxes	1 477 000	−1 000	0	0
Dividends	0	0	0	0
Other Current Debt	70 000	70 000	68 000	374 000
Total Current Debt	3 456 000	715 000	283 000	4 719 000
Total Equity and Debt	20 539 000	11 103 000	10 509 000	10 962 000

Financial indicators	2022	2021	2020	2019
Return on Equity	111,95 %	29,16 %	12,5 %	31,91 %
Debt-to-Equity Ratio	−26,2	−5,42	−7,15	−5,28
Operating Profit Margin	−427,12 %	−215,08 %	13,32 %	−7,77 %
Current Ratio	0,18	0,21	−2,14	0
Quick Ratio	0,18	0,21	−2,14	0
Equity Ratio	−0,03	−0,21	−0,16	−0,13
Gross Profit Margin	100 %	100 %	100 %	100 %