VADNES AS

1358 JAR

Finances

Share Ownership

Return on Equity

190,48 %

Current Ratio

1,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	235 000	98 000	42 000	15 000
Net Income	160 000	67 000	25 000	−12 000
Total Assets	272 000	158 000	233 000	203 000
Total Equity	84 000	52 000	78 000	203 000

Income (NOK)	2022	2021	2020	2019
Revenue	235 000	98 000	42 000	15 000
Expenditure	31 000	17 000	17 000	28 000
Operating Profit	205 000	80 000	25 000	−13 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	205 000	80 000	25 000	−12 000
Tax	45 000	14 000	0	0
Net Income	160 000	67 000	25 000	−12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	272 000	158 000	233 000	203 000
Total Assets	272 000	158 000	233 000	203 000
Total Retained Equity	54 000	22 000	48 000	173 000
Total Equity	84 000	52 000	78 000	203 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	188 000	107 000	155 000	0
Total Equity and Debt	272 000	158 000	233 000	203 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	235 000	98 000	42 000	15 000
Other Income	0	0	0	0
Revenue	235 000	98 000	42 000	15 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	31 000	17 000	17 000	28 000
Operating Profit	205 000	80 000	25 000	−13 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	127 000	93 000	150 000	0
Net Income	160 000	67 000	25 000	−12 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	156 000	136 000	183 000	172 000
Total Current Assets	272 000	158 000	233 000	203 000
Total Assets	272 000	158 000	233 000	203 000
Total Equity	84 000	52 000	78 000	203 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	23 000	0	5 000	0
Dividends	127 000	93 000	150 000	0
Other Current Debt	−7 000	0	0	0
Total Current Debt	188 000	107 000	155 000	0
Total Equity and Debt	272 000	158 000	233 000	203 000

Financial indicators	2022	2021	2020	2019
Return on Equity	190,48 %	128,85 %	32,05 %	−5,91 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	87,23 %	81,63 %	59,52 %	−86,67 %
Current Ratio	1,45	1,48	1,5	-
Quick Ratio	1,45	1,48	1,5	-
Equity Ratio	0,31	0,33	0,33	1
Gross Profit Margin	100 %	100 %	100 %	100 %