VEDEVEIEN 11 AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

2,4 %

Current Ratio

105,97

Debt-to-Equity Ratio

3,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	360 000	360 000	360 000	98 000
Net Income	44 000	55 000	70 000	−39 000
Total Assets	7 759 000	7 341 000	7 340 000	7 842 000
Total Equity	1 836 000	1 836 000	1 836 000	1 766 000

Income (NOK)	2022	2021	2020	2019
Revenue	360 000	360 000	360 000	98 000
Expenditure	81 000	75 000	140 000	61 000
Operating Profit	279 000	285 000	220 000	37 000
Financial Income	1 000	0	0	0
Financial Costs	222 000	214 000	142 000	76 000
Financial Balance	−221 000	−214 000	−142 000	−76 000
Earnings Before Tax	57 000	71 000	78 000	−39 000
Tax	13 000	16 000	7 000	0
Net Income	44 000	55 000	70 000	−39 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 000	0	0	0
Total Current Assets	7 736 000	7 341 000	7 340 000	7 842 000
Total Assets	7 759 000	7 341 000	7 340 000	7 842 000
Total Retained Equity	32 000	32 000	32 000	−39 000
Total Equity	1 836 000	1 836 000	1 836 000	1 766 000
Total Long-Term Debt	5 850 000	5 429 000	5 495 000	6 000 000
Total Current Debt	73 000	75 000	8 000	77 000
Total Equity and Debt	7 759 000	7 341 000	7 340 000	7 842 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	360 000	360 000	360 000	98 000
Revenue	360 000	360 000	360 000	98 000
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	81 000	75 000	140 000	61 000
Operating Profit	279 000	285 000	220 000	37 000
Financial Income	1 000	0	0	0
Financial Costs	222 000	214 000	142 000	76 000
Financial Balance	−221 000	−214 000	−142 000	−76 000
Dividends	0	0	0	0
Net Income	44 000	55 000	70 000	−39 000

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	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	24 000	0	0	0
Total Fixed Assets	24 000	0	0	0
Stock	7 727 000	7 227 000	7 227 000	7 227 000
Total Investments	0	0	0	0
Cash, Bank	9 000	111 000	110 000	116 000
Total Current Assets	7 736 000	7 341 000	7 340 000	7 842 000
Total Assets	7 759 000	7 341 000	7 340 000	7 842 000
Total Equity	1 836 000	1 836 000	1 836 000	1 766 000
Short-Term Group Debt	57 000	71 000	0	0
Total Long-Term Debt	5 850 000	5 429 000	5 495 000	6 000 000
Creditors	15 000	3 000	0	76 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 000	1 000	1 000	1 000
Total Current Debt	73 000	75 000	8 000	77 000
Total Equity and Debt	7 759 000	7 341 000	7 340 000	7 842 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,4 %	3 %	3,81 %	−2,21 %
Debt-to-Equity Ratio	3,19	2,96	2,99	3,4
Operating Profit Margin	77,5 %	79,17 %	61,11 %	37,76 %
Current Ratio	105,97	97,88	917,5	101,84
Quick Ratio	−1,01	−1,03	−1,02	−1,1
Equity Ratio	0,24	0,25	0,25	0,23
Gross Profit Margin	100 %	100 %	100 %	100 %