VERDANE ADVISORS AS

0160 OSLO

Finances

Return on Equity

294,6 %

Current Ratio

1,04

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	109 463 000	78 014 000	66 548 000	57 919 000
Net Income	7 916 000	5 930 000	7 084 000	3 305 000
Total Assets	43 283 000	34 210 000	24 468 000	16 613 000
Total Equity	2 687 000	6 772 000	10 842 000	3 757 000

Income (NOK)	2022	2021	2020	2019
Revenue	109 463 000	78 014 000	66 548 000	57 919 000
Expenditure	98 599 000	69 736 000	57 686 000	53 750 000
Operating Profit	10 864 000	8 278 000	8 862 000	4 170 000
Financial Income	202 000	48 000	1 130 000	787 000
Financial Costs	813 000	650 000	814 000	492 000
Financial Balance	−611 000	−602 000	316 000	295 000
Earnings Before Tax	10 253 000	7 677 000	9 178 000	4 464 000
Tax	2 337 000	1 747 000	2 093 000	1 159 000
Net Income	7 916 000	5 930 000	7 084 000	3 305 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 335 000	1 402 000	2 315 000	544 000
Total Current Assets	41 949 000	32 808 000	22 153 000	16 069 000
Total Assets	43 283 000	34 210 000	24 468 000	16 613 000
Total Retained Equity	2 657 000	6 742 000	10 812 000	3 727 000
Total Equity	2 687 000	6 772 000	10 842 000	3 757 000
Total Long-Term Debt	308 000	0	77 000	15 000
Total Current Debt	40 288 000	27 438 000	13 549 000	12 841 000
Total Equity and Debt	43 283 000	34 210 000	24 468 000	16 613 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	109 463 000	78 014 000	66 548 000	57 919 000
Other Income	0	0	0	0
Revenue	109 463 000	78 014 000	66 548 000	57 919 000
Cost of Goods Sold	0	742 000	57 000	457 000
Salary Costs	66 603 000	50 429 000	42 491 000	39 547 000
Depreciation	22 000	1 046 000	354 000	192 000
Impairment	0	0	0	0
Expenditure	98 599 000	69 736 000	57 686 000	53 750 000
Operating Profit	10 864 000	8 278 000	8 862 000	4 170 000
Financial Income	202 000	48 000	1 130 000	787 000
Financial Costs	813 000	650 000	814 000	492 000
Financial Balance	−611 000	−602 000	316 000	295 000
Dividends	12 000 000	10 000 000	0	0
Net Income	7 916 000	5 930 000	7 084 000	3 305 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	45 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 335 000	1 357 000	2 315 000	544 000
Total Tangible Assets	1 335 000	1 357 000	2 315 000	544 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 335 000	1 402 000	2 315 000	544 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	13 934 000	19 647 000	7 322 000	7 651 000
Total Current Assets	41 949 000	32 808 000	22 153 000	16 069 000
Total Assets	43 283 000	34 210 000	24 468 000	16 613 000
Total Equity	2 687 000	6 772 000	10 842 000	3 757 000
Short-Term Group Debt	989 000	0	0	0
Total Long-Term Debt	308 000	0	77 000	15 000
Creditors	13 719 000	487 000	1 113 000	3 766 000
Unpaid Taxes	5 355 000	2 785 000	3 944 000	1 902 000
Dividends	12 000 000	10 000 000	0	0
Other Current Debt	6 241 000	12 298 000	6 462 000	6 016 000
Total Current Debt	40 288 000	27 438 000	13 549 000	12 841 000
Total Equity and Debt	43 283 000	34 210 000	24 468 000	16 613 000

Financial indicators	2022	2021	2020	2019
Return on Equity	294,6 %	87,57 %	65,34 %	87,97 %
Debt-to-Equity Ratio	0,11	0	0,01	0
Operating Profit Margin	9,92 %	10,61 %	13,32 %	7,2 %
Current Ratio	1,04	1,2	1,64	1,25
Quick Ratio	1,04	1,2	1,64	1,25
Equity Ratio	0,06	0,2	0,44	0,23
Gross Profit Margin	100 %	99,05 %	99,91 %	99,21 %