VERVEN EIENDOM AS

4405 FLEKKEFJORD

Finances

Return on Equity

−1,46 %

Current Ratio

6,83

Debt-to-Equity Ratio

1,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	213 000	928 000	931 000	164 000
Net Income	−37 000	500 000	294 000	−260 000
Total Assets	5 975 000	5 936 000	6 509 000	7 476 000
Total Equity	2 527 000	2 439 000	1 938 000	1 645 000

Income (NOK)	2022	2021	2020	2019
Revenue	213 000	928 000	931 000	164 000
Expenditure	163 000	203 000	444 000	296 000
Operating Profit	50 000	725 000	487 000	−132 000
Financial Income	0	0	3 000	8 000
Financial Costs	97 000	84 000	113 000	196 000
Financial Balance	−97 000	−84 000	−110 000	−188 000
Earnings Before Tax	−47 000	641 000	377 000	−320 000
Tax	−10 000	141 000	83 000	−60 000
Net Income	−37 000	500 000	294 000	−260 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 957 000	5 120 000	5 699 000	6 449 000
Total Current Assets	1 018 000	817 000	810 000	1 027 000
Total Assets	5 975 000	5 936 000	6 509 000	7 476 000
Total Retained Equity	1 086 000	1 123 000	623 000	329 000
Total Equity	2 527 000	2 439 000	1 938 000	1 645 000
Total Long-Term Debt	3 300 000	3 300 000	4 500 000	5 800 000
Total Current Debt	149 000	197 000	70 000	32 000
Total Equity and Debt	5 975 000	5 936 000	6 509 000	7 476 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	213 000	928 000	931 000	164 000
Revenue	213 000	928 000	931 000	164 000
Cost of Goods Sold	0	0	0	0
Salary Costs	5 000	0	0	−114 000
Depreciation	0	0	143 000	150 000
Impairment	0	0	0	0
Expenditure	163 000	203 000	444 000	296 000
Operating Profit	50 000	725 000	487 000	−132 000
Financial Income	0	0	3 000	8 000
Financial Costs	97 000	84 000	113 000	196 000
Financial Balance	−97 000	−84 000	−110 000	−188 000
Dividends	0	0	0	0
Net Income	−37 000	500 000	294 000	−260 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	24 000	186 000	198 000	237 000
Real Eastate	4 890 000	4 890 000	5 457 000	6 168 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 890 000	4 890 000	5 457 000	6 168 000
Total Fiancial Fixed Assets	44 000	44 000	44 000	44 000
Total Fixed Assets	4 957 000	5 120 000	5 699 000	6 449 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	394 000	221 000	214 000	432 000
Total Current Assets	1 018 000	817 000	810 000	1 027 000
Total Assets	5 975 000	5 936 000	6 509 000	7 476 000
Total Equity	2 527 000	2 439 000	1 938 000	1 645 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 300 000	3 300 000	4 500 000	5 800 000
Creditors	0	26 000	0	0
Unpaid Taxes	29 000	29 000	27 000	32 000
Dividends	0	0	0	0
Other Current Debt	119 000	13 000	0	0
Total Current Debt	149 000	197 000	70 000	32 000
Total Equity and Debt	5 975 000	5 936 000	6 509 000	7 476 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,46 %	20,5 %	15,17 %	−15,81 %
Debt-to-Equity Ratio	1,31	1,35	2,32	3,53
Operating Profit Margin	23,47 %	78,13 %	52,31 %	−80,49 %
Current Ratio	6,83	4,15	11,57	32,09
Quick Ratio	6,83	4,15	11,57	32,09
Equity Ratio	0,42	0,41	0,3	0,22
Gross Profit Margin	100 %	100 %	100 %	100 %