VD MARINE AS

6170 VARTDAL

Finances

Share Ownership

Return on Equity

3,32 %

Current Ratio

0,11

Debt-to-Equity Ratio

−2,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	239 000	279 000	80 000	32 000
Net Income	−10 000	−50 000	−119 000	−166 000
Total Assets	1 042 000	1 030 000	1 013 000	1 077 000
Total Equity	−301 000	−291 000	−242 000	−122 000

Income (NOK)	2022	2021	2020	2019
Revenue	239 000	279 000	80 000	32 000
Expenditure	206 000	295 000	161 000	356 000
Operating Profit	34 000	−16 000	−81 000	−143 000
Financial Income	0	0	0	0
Financial Costs	44 000	34 000	39 000	26 000
Financial Balance	−44 000	−34 000	−39 000	−26 000
Earnings Before Tax	−10 000	−50 000	−119 000	−170 000
Tax	0	0	0	−4 000
Net Income	−10 000	−50 000	−119 000	−166 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	977 000	966 000	957 000	992 000
Total Current Assets	65 000	64 000	56 000	85 000
Total Assets	1 042 000	1 030 000	1 013 000	1 077 000
Total Retained Equity	−331 000	−321 000	−272 000	−152 000
Total Equity	−301 000	−291 000	−242 000	−122 000
Total Long-Term Debt	730 000	686 000	748 000	412 000
Total Current Debt	613 000	635 000	507 000	786 000
Total Equity and Debt	1 042 000	1 030 000	1 013 000	1 077 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	239 000	279 000	80 000	32 000
Other Income	0	0	0	0
Revenue	239 000	279 000	80 000	32 000
Cost of Goods Sold	0	0	8 000	7 000
Salary Costs	0	130 000	0	182 000
Depreciation	86 000	85 000	76 000	67 000
Impairment	0	0	0	0
Expenditure	206 000	295 000	161 000	356 000
Operating Profit	34 000	−16 000	−81 000	−143 000
Financial Income	0	0	0	0
Financial Costs	44 000	34 000	39 000	26 000
Financial Balance	−44 000	−34 000	−39 000	−26 000
Dividends	0	0	0	0
Net Income	−10 000	−50 000	−119 000	−166 000

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	97 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	977 000	966 000	957 000	992 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	977 000	966 000	957 000	992 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 000	39 000	2 000	0
Total Current Assets	65 000	64 000	56 000	85 000
Total Assets	1 042 000	1 030 000	1 013 000	1 077 000
Total Equity	−301 000	−291 000	−242 000	−122 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	730 000	686 000	748 000	412 000
Creditors	22 000	20 000	11 000	185 000
Unpaid Taxes	43 000	36 000	25 000	36 000
Dividends	0	0	0	0
Other Current Debt	548 000	579 000	470 000	472 000
Total Current Debt	613 000	635 000	507 000	786 000
Total Equity and Debt	1 042 000	1 030 000	1 013 000	1 077 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,32 %	17,18 %	49,17 %	136,07 %
Debt-to-Equity Ratio	−2,43	−2,36	−3,09	−3,38
Operating Profit Margin	14,23 %	−5,73 %	−101,25 %	−446,88 %
Current Ratio	0,11	0,1	0,11	0,11
Quick Ratio	0,11	0,1	0,11	0,11
Equity Ratio	−0,29	−0,28	−0,24	−0,11
Gross Profit Margin	100 %	100 %	90 %	78,13 %