VEMA III AS

1366 LYSAKER

Finances

Share Ownership

Return on Equity

−26,64 %

Current Ratio

2,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 250 000	1 375 000	1 280 000	2 847 000
Net Income	−256 000	−1 009 000	246 000	−726 000
Total Assets	1 052 000	1 217 000	2 244 000	2 170 000
Total Equity	961 000	1 217 000	2 226 000	1 980 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 250 000	1 375 000	1 280 000	2 847 000
Expenditure	2 482 000	2 385 000	1 034 000	3 574 000
Operating Profit	−233 000	−1 009 000	246 000	−727 000
Financial Income	4 000	1 000	0	0
Financial Costs	27 000	0	0	−1 000
Financial Balance	−23 000	1 000	0	1 000
Earnings Before Tax	−256 000	−1 009 000	246 000	−726 000
Tax	0	0	0	0
Net Income	−256 000	−1 009 000	246 000	−726 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	840 000	1 169 000	1 523 000	1 877 000
Total Current Assets	212 000	47 000	721 000	293 000
Total Assets	1 052 000	1 217 000	2 244 000	2 170 000
Total Retained Equity	−2 439 000	−2 183 000	−1 174 000	−1 420 000
Total Equity	961 000	1 217 000	2 226 000	1 980 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	92 000	0	19 000	191 000
Total Equity and Debt	1 052 000	1 217 000	2 244 000	2 170 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 250 000	1 375 000	1 280 000	2 847 000
Revenue	2 250 000	1 375 000	1 280 000	2 847 000
Cost of Goods Sold	0	0	0	0
Salary Costs	445 000	240 000	152 000	479 000
Depreciation	329 000	354 000	354 000	354 000
Impairment	0	0	0	0
Expenditure	2 482 000	2 385 000	1 034 000	3 574 000
Operating Profit	−233 000	−1 009 000	246 000	−727 000
Financial Income	4 000	1 000	0	0
Financial Costs	27 000	0	0	−1 000
Financial Balance	−23 000	1 000	0	1 000
Dividends	0	0	0	0
Net Income	−256 000	−1 009 000	246 000	−726 000

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	49 000	123 000	197 000
Total Tangible Assets	840 000	1 169 000	1 523 000	1 877 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	840 000	1 169 000	1 523 000	1 877 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	200 000	37 000	381 000	282 000
Total Current Assets	212 000	47 000	721 000	293 000
Total Assets	1 052 000	1 217 000	2 244 000	2 170 000
Total Equity	961 000	1 217 000	2 226 000	1 980 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	88 000	0	0	0
Unpaid Taxes	0	0	19 000	10 000
Dividends	0	0	0	0
Other Current Debt	3 000	0	0	180 000
Total Current Debt	92 000	0	19 000	191 000
Total Equity and Debt	1 052 000	1 217 000	2 244 000	2 170 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−26,64 %	−82,91 %	11,05 %	−36,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−10,36 %	−73,38 %	19,22 %	−25,54 %
Current Ratio	2,3	-	37,95	1,53
Quick Ratio	2,3	-	37,95	1,53
Equity Ratio	0,91	1	0,99	0,91
Gross Profit Margin	100 %	100 %	100 %	100 %