VERDENSMAT AS

3535 KRØDEREN

Finances

Share Ownership

Return on Equity

36,45 %

Current Ratio

4,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 767 000	3 059 000	1 270 000	534 000
Net Income	218 000	132 000	100 000	13 000
Total Assets	787 000	487 000	379 000	258 000
Total Equity	598 000	380 000	248 000	148 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 767 000	3 059 000	1 270 000	534 000
Expenditure	2 487 000	2 890 000	1 141 000	517 000
Operating Profit	280 000	169 000	129 000	17 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	280 000	169 000	129 000	17 000
Tax	62 000	37 000	28 000	4 000
Net Income	218 000	132 000	100 000	13 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 000	13 000	17 000	21 000
Total Current Assets	777 000	473 000	362 000	237 000
Total Assets	787 000	487 000	379 000	258 000
Total Retained Equity	538 000	320 000	188 000	88 000
Total Equity	598 000	380 000	248 000	148 000
Total Long-Term Debt	2 000	0	0	0
Total Current Debt	187 000	107 000	130 000	110 000
Total Equity and Debt	787 000	487 000	379 000	258 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 767 000	3 059 000	1 270 000	534 000
Other Income	0	0	0	0
Revenue	2 767 000	3 059 000	1 270 000	534 000
Cost of Goods Sold	1 397 000	1 522 000	533 000	253 000
Salary Costs	275 000	272 000	0	0
Depreciation	3 000	3 000	4 000	5 000
Impairment	0	0	0	0
Expenditure	2 487 000	2 890 000	1 141 000	517 000
Operating Profit	280 000	169 000	129 000	17 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	218 000	132 000	100 000	13 000

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	11 000	13 000	17 000	21 000
Total Tangible Assets	11 000	13 000	17 000	21 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 000	13 000	17 000	21 000
Stock	603 000	451 000	303 000	217 000
Total Investments	0	0	0	0
Cash, Bank	173 000	22 000	59 000	16 000
Total Current Assets	777 000	473 000	362 000	237 000
Total Assets	787 000	487 000	379 000	258 000
Total Equity	598 000	380 000	248 000	148 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	56 000	39 000	25 000	0
Dividends	0	0	0	0
Other Current Debt	72 000	31 000	78 000	106 000
Total Current Debt	187 000	107 000	130 000	110 000
Total Equity and Debt	787 000	487 000	379 000	258 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,45 %	34,74 %	40,32 %	8,78 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,12 %	5,52 %	10,16 %	3,18 %
Current Ratio	4,16	4,42	2,78	2,15
Quick Ratio	−1,87	−1,38	−2,09	−2,21
Equity Ratio	0,76	0,78	0,65	0,57
Gross Profit Margin	49,51 %	50,25 %	58,03 %	52,62 %