VERUM AS

0169 OSLO

Finances

Return on Equity

49,37 %

Current Ratio

1,15

Debt-to-Equity Ratio

0,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	989 000	829 000	487 000	494 000
Net Income	39 000	−119 000	−49 000	171 000
Total Assets	590 000	770 000	702 000	738 000
Total Equity	79 000	40 000	213 000	261 000

Income (NOK)	2022	2021	2020	2019
Revenue	989 000	829 000	487 000	494 000
Expenditure	952 000	949 000	539 000	325 000
Operating Profit	37 000	−119 000	−51 000	168 000
Financial Income	3 000	2 000	4 000	3 000
Financial Costs	0	1 000	1 000	0
Financial Balance	3 000	1 000	3 000	3 000
Earnings Before Tax	39 000	−119 000	−49 000	171 000
Tax	0	0	0	0
Net Income	39 000	−119 000	−49 000	171 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 000	0	0	0
Total Current Assets	560 000	770 000	702 000	738 000
Total Assets	590 000	770 000	702 000	738 000
Total Retained Equity	−171 000	−210 000	−37 000	11 000
Total Equity	79 000	40 000	213 000	261 000
Total Long-Term Debt	24 000	286 000	322 000	322 000
Total Current Debt	487 000	444 000	168 000	155 000
Total Equity and Debt	590 000	770 000	702 000	738 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	982 000	829 000	487 000	494 000
Other Income	8 000	0	0	0
Revenue	989 000	829 000	487 000	494 000
Cost of Goods Sold	0	0	0	0
Salary Costs	735 000	782 000	463 000	188 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	952 000	949 000	539 000	325 000
Operating Profit	37 000	−119 000	−51 000	168 000
Financial Income	3 000	2 000	4 000	3 000
Financial Costs	0	1 000	1 000	0
Financial Balance	3 000	1 000	3 000	3 000
Dividends	0	0	0	0
Net Income	39 000	−119 000	−49 000	171 000

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	30 000	0	0	0
Total Fixed Assets	30 000	0	0	0
Stock	0	0	0	0
Total Investments	50 000	50 000	50 000	50 000
Cash, Bank	443 000	669 000	589 000	676 000
Total Current Assets	560 000	770 000	702 000	738 000
Total Assets	590 000	770 000	702 000	738 000
Total Equity	79 000	40 000	213 000	261 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	24 000	286 000	322 000	322 000
Creditors	0	7 000	−7 000	27 000
Unpaid Taxes	148 000	153 000	100 000	85 000
Dividends	0	0	0	0
Other Current Debt	339 000	283 000	144 000	70 000
Total Current Debt	487 000	444 000	168 000	155 000
Total Equity and Debt	590 000	770 000	702 000	738 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,37 %	−297,5 %	−23 %	65,52 %
Debt-to-Equity Ratio	0,3	7,15	1,51	1,23
Operating Profit Margin	3,74 %	−14,35 %	−10,47 %	34,01 %
Current Ratio	1,15	1,73	4,18	4,76
Quick Ratio	1,15	1,73	4,18	4,76
Equity Ratio	0,13	0,05	0,3	0,35
Gross Profit Margin	100 %	100 %	100 %	100 %