VÆRØY ENSILASJE AS

8063 VÆRØY

Finances

Share Ownership

Return on Equity

62,74 %

Current Ratio

1,9

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	217 000	111 000	36 000	36 000
Net Income	165 000	61 000	−13 000	−8 000
Total Assets	555 000	414 000	289 000	334 000
Total Equity	263 000	298 000	237 000	250 000

Income (NOK)	2022	2021	2020	2019
Revenue	217 000	111 000	36 000	36 000
Expenditure	53 000	51 000	50 000	45 000
Operating Profit	164 000	60 000	−14 000	−9 000
Financial Income	2 000	1 000	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	2 000	1 000	1 000	1 000
Earnings Before Tax	165 000	61 000	−13 000	−8 000
Tax	0	0	0	0
Net Income	165 000	61 000	−13 000	−8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	555 000	414 000	289 000	334 000
Total Assets	555 000	414 000	289 000	334 000
Total Retained Equity	163 000	198 000	137 000	150 000
Total Equity	263 000	298 000	237 000	250 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	292 000	117 000	52 000	84 000
Total Equity and Debt	555 000	414 000	289 000	334 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	175 000	75 000	0	0
Other Income	42 000	36 000	36 000	36 000
Revenue	217 000	111 000	36 000	36 000
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	53 000	51 000	50 000	45 000
Operating Profit	164 000	60 000	−14 000	−9 000
Financial Income	2 000	1 000	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	2 000	1 000	1 000	1 000
Dividends	200 000	0	0	0
Net Income	165 000	61 000	−13 000	−8 000

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	303 000	112 000	23 000	107 000
Total Current Assets	555 000	414 000	289 000	334 000
Total Assets	555 000	414 000	289 000	334 000
Total Equity	263 000	298 000	237 000	250 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 000	0	0	0
Unpaid Taxes	13 000	18 000	0	0
Dividends	200 000	0	0	0
Other Current Debt	72 000	99 000	52 000	84 000
Total Current Debt	292 000	117 000	52 000	84 000
Total Equity and Debt	555 000	414 000	289 000	334 000

Financial indicators	2022	2021	2020	2019
Return on Equity	62,74 %	20,47 %	−5,49 %	−3,2 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	75,58 %	54,05 %	−38,89 %	−25 %
Current Ratio	1,9	3,54	5,56	3,98
Quick Ratio	1,9	3,54	5,56	3,98
Equity Ratio	0,47	0,72	0,82	0,75
Gross Profit Margin	100 %	100 %	100 %	100 %