VØRING HOLDING AS

5306 ERDAL

Finances

Return on Equity

−31,61 %

Current Ratio

2,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−662 000	1 267 000	734 000	15 540 000
Total Assets	3 595 000	7 540 000	11 341 000	14 174 000
Total Equity	2 094 000	6 256 000	10 139 000	12 605 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	142 000	233 000	152 000	220 000
Operating Profit	−142 000	−233 000	−152 000	−219 000
Financial Income	8 000	1 500 000	886 000	15 759 000
Financial Costs	528 000	0	0	0
Financial Balance	−520 000	1 500 000	886 000	15 759 000
Earnings Before Tax	−662 000	1 267 000	734 000	15 540 000
Tax	0	0	0	0
Net Income	−662 000	1 267 000	734 000	15 540 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	90 000	90 000	310 000	2 172 000
Total Current Assets	3 505 000	7 450 000	11 031 000	12 002 000
Total Assets	3 595 000	7 540 000	11 341 000	14 174 000
Total Retained Equity	0	2 734 000	6 617 000	9 083 000
Total Equity	2 094 000	6 256 000	10 139 000	12 605 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 501 000	1 284 000	1 202 000	1 569 000
Total Equity and Debt	3 595 000	7 540 000	11 341 000	14 174 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	21 000	19 000	17 000
Impairment	0	0	0	0
Expenditure	142 000	233 000	152 000	220 000
Operating Profit	−142 000	−233 000	−152 000	−219 000
Financial Income	8 000	1 500 000	886 000	15 759 000
Financial Costs	528 000	0	0	0
Financial Balance	−520 000	1 500 000	886 000	15 759 000
Dividends	2 000 000	4 000 000	2 000 000	1 000 000
Net Income	−662 000	1 267 000	734 000	15 540 000

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	21 000	40 000
Total Tangible Assets	0	0	21 000	40 000
Total Fiancial Fixed Assets	90 000	90 000	289 000	2 132 000
Total Fixed Assets	90 000	90 000	310 000	2 172 000
Stock	0	0	0	0
Total Investments	0	5 893 000	5 175 000	11 325 000
Cash, Bank	2 429 000	351 000	4 600 000	676 000
Total Current Assets	3 505 000	7 450 000	11 031 000	12 002 000
Total Assets	3 595 000	7 540 000	11 341 000	14 174 000
Total Equity	2 094 000	6 256 000	10 139 000	12 605 000
Short-Term Group Debt	1 500 000	1 150 000	1 200 000	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	134 000	2 000	125 000
Unpaid Taxes	0	0	0	0
Dividends	2 000 000	4 000 000	2 000 000	1 000 000
Other Current Debt	0	0	0	444 000
Total Current Debt	1 501 000	1 284 000	1 202 000	1 569 000
Total Equity and Debt	3 595 000	7 540 000	11 341 000	14 174 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−31,61 %	20,25 %	7,24 %	123,28 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	2,34	5,8	9,18	7,65
Quick Ratio	2,34	5,8	9,18	7,65
Equity Ratio	0,58	0,83	0,89	0,89
Gross Profit Margin	-	-	-	-