VERD BEGRAVELSE AS

0579 OSLO

Finances

Share Ownership

Return on Equity

−60,11 %

Current Ratio

2,89

Debt-to-Equity Ratio

1,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 864 000	11 689 000	7 160 000	2 952 000
Net Income	−2 492 000	−3 468 000	−2 345 000	−1 054 000
Total Assets	11 599 000	41 140 000	14 971 000	15 960 000
Total Equity	4 146 000	34 969 000	−3 224 000	−879 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 864 000	11 689 000	7 160 000	2 952 000
Expenditure	18 273 000	14 884 000	8 721 000	3 717 000
Operating Profit	−3 283 000	−3 196 000	−1 561 000	−766 000
Financial Income	46 000	72 000	34 000	7 000
Financial Costs	158 000	344 000	818 000	294 000
Financial Balance	−112 000	−272 000	−784 000	−287 000
Earnings Before Tax	−3 395 000	−3 468 000	−2 345 000	−1 054 000
Tax	−904 000	0	0	0
Net Income	−2 492 000	−3 468 000	−2 345 000	−1 054 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 774 000	12 420 000	1 501 000	1 081 000
Total Current Assets	7 825 000	28 720 000	13 470 000	14 879 000
Total Assets	11 599 000	41 140 000	14 971 000	15 960 000
Total Retained Equity	0	−8 433 000	−4 949 000	−2 604 000
Total Equity	4 146 000	34 969 000	−3 224 000	−879 000
Total Long-Term Debt	4 745 000	892 000	650 000	16 399 000
Total Current Debt	2 709 000	5 279 000	17 545 000	440 000
Total Equity and Debt	11 599 000	41 140 000	14 971 000	15 960 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 774 000	11 396 000	7 160 000	2 952 000
Other Income	90 000	293 000	0	0
Revenue	14 864 000	11 689 000	7 160 000	2 952 000
Cost of Goods Sold	5 700 000	4 452 000	2 905 000	0
Salary Costs	5 878 000	5 721 000	3 136 000	1 209 000
Depreciation	493 000	379 000	151 000	106 000
Impairment	0	0	0	0
Expenditure	18 273 000	14 884 000	8 721 000	3 717 000
Operating Profit	−3 283 000	−3 196 000	−1 561 000	−766 000
Financial Income	46 000	72 000	34 000	7 000
Financial Costs	158 000	344 000	818 000	294 000
Financial Balance	−112 000	−272 000	−784 000	−287 000
Dividends	0	0	0	0
Net Income	−2 492 000	−3 468 000	−2 345 000	−1 054 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	491 000	0	0	0
Machinery and Plant Facilities	1 532 000	1 839 000	1 340 000	633 000
Fixtures	1 570 000	334 000	74 000	19 000
Total Tangible Assets	3 593 000	2 173 000	1 414 000	652 000
Total Fiancial Fixed Assets	181 000	10 247 000	87 000	429 000
Total Fixed Assets	3 774 000	12 420 000	1 501 000	1 081 000
Stock	147 000	147 000	61 000	7 000
Total Investments	0	0	0	0
Cash, Bank	679 000	24 120 000	12 349 000	14 672 000
Total Current Assets	7 825 000	28 720 000	13 470 000	14 879 000
Total Assets	11 599 000	41 140 000	14 971 000	15 960 000
Total Equity	4 146 000	34 969 000	−3 224 000	−879 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 745 000	892 000	650 000	16 399 000
Creditors	1 685 000	1 004 000	366 000	135 000
Unpaid Taxes	383 000	379 000	270 000	156 000
Dividends	0	0	0	0
Other Current Debt	640 000	3 896 000	452 000	149 000
Total Current Debt	2 709 000	5 279 000	17 545 000	440 000
Total Equity and Debt	11 599 000	41 140 000	14 971 000	15 960 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−60,11 %	−9,92 %	72,74 %	119,91 %
Debt-to-Equity Ratio	1,14	0,03	−0,2	−18,66
Operating Profit Margin	−22,09 %	−27,34 %	−21,8 %	−25,95 %
Current Ratio	2,89	5,44	0,77	33,82
Quick Ratio	3,05	5,6	0,77	34,36
Equity Ratio	0,36	0,85	−0,22	−0,06
Gross Profit Margin	61,65 %	61,91 %	59,43 %	100 %