VETERANORGANISASJONEN DRENGR

3921 PORSGRUNN

Finances

Share Ownership

Return on Equity

29,41 %

Current Ratio

1,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	307 000	294 000	145 000	90 000
Net Income	5 000	4 000	4 000	3 000
Total Assets	56 000	61 000	47 000	70 000
Total Equity	17 000	12 000	8 000	3 000

Income (NOK)	2022	2021	2020	2019
Revenue	307 000	294 000	145 000	90 000
Expenditure	−98 000	290 000	141 000	86 000
Operating Profit	6 000	4 000	4 000	3 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	5 000	4 000	4 000	3 000
Tax	0	0	0	0
Net Income	5 000	4 000	4 000	3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	56 000	61 000	47 000	70 000
Total Assets	56 000	61 000	47 000	70 000
Total Retained Equity	17 000	12 000	8 000	3 000
Total Equity	17 000	12 000	8 000	3 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	39 000	49 000	39 000	67 000
Total Equity and Debt	56 000	61 000	47 000	70 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 000	12 000	0	8 000
Other Income	296 000	282 000	145 000	82 000
Revenue	307 000	294 000	145 000	90 000
Cost of Goods Sold	0	0	0	4 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	−98 000	290 000	141 000	86 000
Operating Profit	6 000	4 000	4 000	3 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	5 000	4 000	4 000	3 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	17 000	43 000	14 000	5 000
Total Current Assets	56 000	61 000	47 000	70 000
Total Assets	56 000	61 000	47 000	70 000
Total Equity	17 000	12 000	8 000	3 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	27 000	49 000	39 000	67 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	12 000	0	0	0
Total Current Debt	39 000	49 000	39 000	67 000
Total Equity and Debt	56 000	61 000	47 000	70 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,41 %	33,33 %	50 %	100 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,95 %	1,36 %	2,76 %	3,33 %
Current Ratio	1,44	1,24	1,21	1,04
Quick Ratio	1,44	1,24	1,21	1,04
Equity Ratio	0,3	0,2	0,17	0,04
Gross Profit Margin	100 %	100 %	100 %	95,56 %