VENDEL HOLDING AS

0264 OSLO

Finances

Return on Equity

5,72 %

Current Ratio

1,27

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	183 000	48 000	0	0
Net Income	1 249 000	15 683 000	14 873 000	9 436 000
Total Assets	31 890 000	44 377 000	31 471 000	179 232 000
Total Equity	21 840 000	22 091 000	17 408 000	170 634 000

Income (NOK)	2022	2021	2020	2019
Revenue	183 000	48 000	0	0
Expenditure	147 000	299 000	114 000	13 000
Operating Profit	36 000	−251 000	−114 000	−13 000
Financial Income	1 527 000	16 126 000	15 003 000	9 501 000
Financial Costs	435 000	87 000	16 000	6 000
Financial Balance	1 092 000	16 039 000	14 987 000	9 495 000
Earnings Before Tax	1 128 000	15 788 000	14 872 000	9 482 000
Tax	−122 000	106 000	−1 000	45 000
Net Income	1 249 000	15 683 000	14 873 000	9 436 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 273 000	24 117 000	15 455 000	169 731 000
Total Current Assets	7 617 000	20 260 000	16 015 000	9 501 000
Total Assets	31 890 000	44 377 000	31 471 000	179 232 000
Total Retained Equity	18 384 000	18 635 000	13 952 000	130 031 000
Total Equity	21 840 000	22 091 000	17 408 000	170 634 000
Total Long-Term Debt	4 070 000	5 176 000	44 000	45 000
Total Current Debt	5 981 000	17 110 000	14 018 000	8 553 000
Total Equity and Debt	31 890 000	44 377 000	31 471 000	179 232 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	183 000	48 000	0	0
Revenue	183 000	48 000	0	0
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	147 000	299 000	114 000	13 000
Operating Profit	36 000	−251 000	−114 000	−13 000
Financial Income	1 527 000	16 126 000	15 003 000	9 501 000
Financial Costs	435 000	87 000	16 000	6 000
Financial Balance	1 092 000	16 039 000	14 987 000	9 495 000
Dividends	1 500 000	11 000 000	7 000 000	6 500 000
Net Income	1 249 000	15 683 000	14 873 000	9 436 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	15 000	0	0	0
Real Eastate	8 661 000	8 661 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	8 661 000	8 661 000	0	0
Total Fiancial Fixed Assets	15 597 000	15 455 000	15 455 000	169 731 000
Total Fixed Assets	24 273 000	24 117 000	15 455 000	169 731 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 981 000	3 999 000	5 880 000	2 001 000
Total Current Assets	7 617 000	20 260 000	16 015 000	9 501 000
Total Assets	31 890 000	44 377 000	31 471 000	179 232 000
Total Equity	21 840 000	22 091 000	17 408 000	170 634 000
Short-Term Group Debt	1 051 000	1 038 000	1 038 000	44 000
Total Long-Term Debt	4 070 000	5 176 000	44 000	45 000
Creditors	16 000	17 000	5 000	0
Unpaid Taxes	0	0	0	0
Dividends	1 500 000	11 000 000	7 000 000	6 500 000
Other Current Debt	3 413 000	10 011 000	5 975 000	2 009 000
Total Current Debt	5 981 000	17 110 000	14 018 000	8 553 000
Total Equity and Debt	31 890 000	44 377 000	31 471 000	179 232 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,72 %	70,99 %	85,44 %	5,53 %
Debt-to-Equity Ratio	0,19	0,23	0	0
Operating Profit Margin	19,67 %	−522,92 %	-	-
Current Ratio	1,27	1,18	1,14	1,11
Quick Ratio	1,27	1,18	1,14	1,11
Equity Ratio	0,68	0,5	0,55	0,95
Gross Profit Margin	100 %	100 %	-	-