VULPES AS

7030 TRONDHEIM

Finances

Share Ownership

Return on Equity

42,64 %

Current Ratio

3,18

Debt-to-Equity Ratio

18,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	286 000	230 000	136 000	51 000
Net Income	113 000	88 000	31 000	9 000
Total Assets	5 278 000	5 265 000	5 256 000	2 400 000
Total Equity	265 000	152 000	64 000	33 000

Income (NOK)	2022	2021	2020	2019
Revenue	286 000	230 000	136 000	51 000
Expenditure	86 000	54 000	67 000	12 000
Operating Profit	200 000	176 000	69 000	39 000
Financial Income	0	0	0	0
Financial Costs	55 000	63 000	29 000	30 000
Financial Balance	−55 000	−63 000	−29 000	−30 000
Earnings Before Tax	145 000	113 000	40 000	10 000
Tax	32 000	25 000	9 000	1 000
Net Income	113 000	88 000	31 000	9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 170 000	5 170 000	5 170 000	2 361 000
Total Current Assets	108 000	95 000	86 000	40 000
Total Assets	5 278 000	5 265 000	5 256 000	2 400 000
Total Retained Equity	241 000	128 000	40 000	9 000
Total Equity	265 000	152 000	64 000	33 000
Total Long-Term Debt	4 978 000	5 086 000	5 184 000	2 366 000
Total Current Debt	34 000	27 000	9 000	1 000
Total Equity and Debt	5 278 000	5 265 000	5 256 000	2 400 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	286 000	230 000	136 000	51 000
Revenue	286 000	230 000	136 000	51 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	86 000	54 000	67 000	12 000
Operating Profit	200 000	176 000	69 000	39 000
Financial Income	0	0	0	0
Financial Costs	55 000	63 000	29 000	30 000
Financial Balance	−55 000	−63 000	−29 000	−30 000
Dividends	0	0	0	0
Net Income	113 000	88 000	31 000	9 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 170 000	5 170 000	5 170 000	2 361 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 170 000	5 170 000	5 170 000	2 361 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 170 000	5 170 000	5 170 000	2 361 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	108 000	95 000	86 000	40 000
Total Current Assets	108 000	95 000	86 000	40 000
Total Assets	5 278 000	5 265 000	5 256 000	2 400 000
Total Equity	265 000	152 000	64 000	33 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 978 000	5 086 000	5 184 000	2 366 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 000	2 000	0	0
Total Current Debt	34 000	27 000	9 000	1 000
Total Equity and Debt	5 278 000	5 265 000	5 256 000	2 400 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,64 %	57,89 %	48,44 %	27,27 %
Debt-to-Equity Ratio	18,78	33,46	81	71,7
Operating Profit Margin	69,93 %	76,52 %	50,74 %	76,47 %
Current Ratio	3,18	3,52	9,56	40
Quick Ratio	3,18	3,52	9,56	40
Equity Ratio	0,05	0,03	0,01	0,01
Gross Profit Margin	100 %	100 %	100 %	100 %