VADSETH HOLDING AS

1624 GRESSVIK

Finances

Return on Equity

−92,43 %

Current Ratio

1,42

Debt-to-Equity Ratio

19,04

Key figures (NOK)	2022	2021	2020
Revenue	0	0	0
Net Income	−171 000	−164 000	1 224 000
Total Assets	4 155 000	729 000	3 324 000
Total Equity	185 000	356 000	521 000

Income (NOK)	2022	2021	2020
Revenue	0	0	0
Expenditure	171 000	164 000	56 000
Operating Profit	−171 000	−164 000	−56 000
Financial Income	0	0	1 625 000
Financial Costs	0	0	0
Financial Balance	0	0	1 625 000
Earnings Before Tax	−171 000	−164 000	1 569 000
Tax	0	0	345 000
Net Income	−171 000	−164 000	1 224 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	3 520 000	520 000	1 698 000
Total Current Assets	635 000	209 000	1 626 000
Total Assets	4 155 000	729 000	3 324 000
Total Retained Equity	125 000	296 000	461 000
Total Equity	185 000	356 000	521 000
Total Long-Term Debt	3 523 000	0	0
Total Current Debt	446 000	373 000	2 803 000
Total Equity and Debt	4 155 000	729 000	3 324 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	0	0	0
Revenue	0	0	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	171 000	164 000	56 000
Operating Profit	−171 000	−164 000	−56 000
Financial Income	0	0	1 625 000
Financial Costs	0	0	0
Financial Balance	0	0	1 625 000
Dividends	0	0	0
Net Income	−171 000	−164 000	1 224 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	3 520 000	520 000	1 698 000
Total Fixed Assets	3 520 000	520 000	1 698 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 000	0	1 000
Total Current Assets	635 000	209 000	1 626 000
Total Assets	4 155 000	729 000	3 324 000
Total Equity	185 000	356 000	521 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	3 523 000	0	0
Creditors	73 000	0	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	373 000	373 000	2 803 000
Total Current Debt	446 000	373 000	2 803 000
Total Equity and Debt	4 155 000	729 000	3 324 000

Financial indicators	2022	2021	2020
Return on Equity	−92,43 %	−46,07 %	234,93 %
Debt-to-Equity Ratio	19,04	0	0
Operating Profit Margin	-	-	-
Current Ratio	1,42	0,56	0,58
Quick Ratio	1,42	0,56	0,58
Equity Ratio	0,04	0,49	0,16
Gross Profit Margin	-	-	-