VEROSOFT AS

3085 HOLMESTRAND

Finances

Share Ownership

Return on Equity

115,38 %

Current Ratio

2,26

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	127 000	143 000	179 000	218 000
Net Income	45 000	3 000	−12 000	−120 000
Total Assets	70 000	18 000	14 000	34 000
Total Equity	39 000	−5 000	−8 000	3 000

Income (NOK)	2021	2020	2019	2018
Revenue	127 000	143 000	179 000	218 000
Expenditure	70 000	140 000	190 000	338 000
Operating Profit	57 000	3 000	−12 000	−120 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	57 000	3 000	−12 000	−120 000
Tax	13 000	0	0	0
Net Income	45 000	3 000	−12 000	−120 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	0	−2 000	0	8 000
Total Current Assets	70 000	20 000	14 000	27 000
Total Assets	70 000	18 000	14 000	34 000
Total Retained Equity	9 000	−35 000	−38 000	−27 000
Total Equity	39 000	−5 000	−8 000	3 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	31 000	24 000	22 000	31 000
Total Equity and Debt	70 000	18 000	14 000	34 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	87 000	137 000	179 000	218 000
Other Income	41 000	5 000	0	0
Revenue	127 000	143 000	179 000	218 000
Cost of Goods Sold	0	0	0	0
Salary Costs	35 000	100 000	125 000	260 000
Depreciation	0	2 000	6 000	6 000
Impairment	0	0	0	0
Expenditure	70 000	140 000	190 000	338 000
Operating Profit	57 000	3 000	−12 000	−120 000
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	45 000	3 000	−12 000	−120 000

Balance details (NOK)	2021	2020	2019	2018
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	−2 000	0	8 000
Total Tangible Assets	0	−2 000	0	8 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	−2 000	0	8 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	33 000	20 000	14 000	17 000
Total Current Assets	70 000	20 000	14 000	27 000
Total Assets	70 000	18 000	14 000	34 000
Total Equity	39 000	−5 000	−8 000	3 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	7 000	18 000	9 000	10 000
Dividends	0	0	0	0
Other Current Debt	12 000	5 000	13 000	22 000
Total Current Debt	31 000	24 000	22 000	31 000
Total Equity and Debt	70 000	18 000	14 000	34 000

Financial indicators	2021	2020	2019	2018
Return on Equity	115,38 %	−60 %	150 %	−4 000 %
Debt-to-Equity Ratio	0	−0	−0	0
Operating Profit Margin	44,88 %	2,1 %	−6,7 %	−55,05 %
Current Ratio	2,26	0,83	0,64	0,87
Quick Ratio	2,26	0,83	0,64	0,87
Equity Ratio	0,56	−0,28	−0,57	0,09
Gross Profit Margin	100 %	100 %	100 %	100 %