VREID AS

0690 OSLO

Finances

Share Ownership

Return on Equity

6,78 %

Current Ratio

3,41

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 297 000	1 241 000	704 000	370 000
Net Income	8 000	−79 000	137 000	5 000
Total Assets	167 000	186 000	328 000	64 000
Total Equity	118 000	110 000	189 000	52 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 297 000	1 241 000	704 000	370 000
Expenditure	1 289 000	1 321 000	529 000	363 000
Operating Profit	8 000	−80 000	175 000	7 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	0
Earnings Before Tax	8 000	−79 000	175 000	6 000
Tax	0	0	39 000	1 000
Net Income	8 000	−79 000	137 000	5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	167 000	186 000	328 000	64 000
Total Assets	167 000	186 000	328 000	64 000
Total Retained Equity	88 000	80 000	159 000	22 000
Total Equity	118 000	110 000	189 000	52 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	49 000	77 000	139 000	11 000
Total Equity and Debt	167 000	186 000	328 000	64 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 145 000	1 241 000	601 000	206 000
Other Income	152 000	0	103 000	163 000
Revenue	1 297 000	1 241 000	704 000	370 000
Cost of Goods Sold	568 000	748 000	369 000	271 000
Salary Costs	234 000	105 000	0	60 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 289 000	1 321 000	529 000	363 000
Operating Profit	8 000	−80 000	175 000	7 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	0
Dividends	0	0	0	0
Net Income	8 000	−79 000	137 000	5 000

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	158 000	144 000	232 000	64 000
Total Current Assets	167 000	186 000	328 000	64 000
Total Assets	167 000	186 000	328 000	64 000
Total Equity	118 000	110 000	189 000	52 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	5 000	0	0
Unpaid Taxes	35 000	72 000	0	0
Dividends	0	0	0	0
Other Current Debt	14 000	0	100 000	10 000
Total Current Debt	49 000	77 000	139 000	11 000
Total Equity and Debt	167 000	186 000	328 000	64 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,78 %	−71,82 %	72,49 %	9,62 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,62 %	−6,45 %	24,86 %	1,89 %
Current Ratio	3,41	2,42	2,36	5,82
Quick Ratio	3,41	2,42	2,36	5,82
Equity Ratio	0,71	0,59	0,58	0,81
Gross Profit Margin	56,21 %	39,73 %	47,59 %	26,76 %