VÆRNES BEGRAVELSE AS

7500 STJØRDAL

Finances

Share Ownership

Return on Equity

20 %

Current Ratio

2,4

Debt-to-Equity Ratio

0,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 907 000	1 065 000	204 000	204 000
Net Income	34 000	26 000	−155 000	−155 000
Total Assets	411 000	677 000	469 000	469 000
Total Equity	170 000	184 000	15 000	15 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 907 000	1 065 000	204 000	204 000
Expenditure	1 825 000	997 000	335 000	335 000
Operating Profit	82 000	68 000	−131 000	−131 000
Financial Income	0	0	0	0
Financial Costs	48 000	42 000	24 000	24 000
Financial Balance	−48 000	−42 000	−24 000	−24 000
Earnings Before Tax	34 000	26 000	−155 000	−155 000
Tax	0	0	0	0
Net Income	34 000	26 000	−155 000	−155 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	376 000	426 000	426 000
Total Current Assets	411 000	301 000	43 000	43 000
Total Assets	411 000	677 000	469 000	469 000
Total Retained Equity	0	14 000	−155 000	−155 000
Total Equity	170 000	184 000	15 000	15 000
Total Long-Term Debt	70 000	340 000	375 000	375 000
Total Current Debt	171 000	143 000	79 000	79 000
Total Equity and Debt	411 000	667 000	469 000	469 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 907 000	1 065 000	0	0
Other Income	0	0	204 000	204 000
Revenue	1 907 000	1 065 000	204 000	204 000
Cost of Goods Sold	755 000	405 000	30 000	30 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 825 000	997 000	335 000	335 000
Operating Profit	82 000	68 000	−131 000	−131 000
Financial Income	0	0	0	0
Financial Costs	48 000	42 000	24 000	24 000
Financial Balance	−48 000	−42 000	−24 000	−24 000
Dividends	0	0	0	0
Net Income	34 000	26 000	−155 000	−155 000

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	376 000	426 000	426 000
Fixtures	0	0	0	0
Total Tangible Assets	0	376 000	426 000	426 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	376 000	426 000	426 000
Stock	40 000	40 000	40 000	40 000
Total Investments	0	0	0	0
Cash, Bank	63 000	55 000	3 000	3 000
Total Current Assets	411 000	301 000	43 000	43 000
Total Assets	411 000	677 000	469 000	469 000
Total Equity	170 000	184 000	15 000	15 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	70 000	340 000	375 000	375 000
Creditors	0	0	114 000	114 000
Unpaid Taxes	171 000	143 000	−35 000	−35 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	171 000	143 000	79 000	79 000
Total Equity and Debt	411 000	667 000	469 000	469 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20 %	14,13 %	−1 033,33 %	−1 033,33 %
Debt-to-Equity Ratio	0,41	1,85	25	25
Operating Profit Margin	4,3 %	6,38 %	−64,22 %	−64,22 %
Current Ratio	2,4	2,1	0,54	0,54
Quick Ratio	3,14	2,92	1,1	1,1
Equity Ratio	0,41	0,27	0,03	0,03
Gross Profit Margin	60,41 %	61,97 %	85,29 %	85,29 %