STIFTELSEN VERDANDI

5264 GARNES

Finances

Share Ownership

Return on Equity

−15,27 %

Current Ratio

2,59

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	237 000	604 000	576 000	596 000
Net Income	−424 000	−114 000	−163 000	−165 000
Total Assets	2 843 000	3 378 000	3 503 000	3 598 000
Total Equity	2 776 000	3 200 000	3 314 000	3 477 000

Income (NOK)	2022	2021	2020	2019
Revenue	237 000	604 000	576 000	596 000
Expenditure	649 000	705 000	728 000	751 000
Operating Profit	−413 000	−101 000	−152 000	−155 000
Financial Income	3 000	2 000	4 000	4 000
Financial Costs	0	0	1 000	0
Financial Balance	3 000	2 000	3 000	4 000
Earnings Before Tax	−409 000	−99 000	−149 000	−151 000
Tax	15 000	14 000	14 000	14 000
Net Income	−424 000	−114 000	−163 000	−165 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 672 000	2 722 000	2 746 000	2 799 000
Total Current Assets	171 000	656 000	757 000	799 000
Total Assets	2 843 000	3 378 000	3 503 000	3 598 000
Total Retained Equity	2 576 000	3 000 000	3 114 000	3 277 000
Total Equity	2 776 000	3 200 000	3 314 000	3 477 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	66 000	178 000	189 000	121 000
Total Equity and Debt	2 843 000	3 378 000	3 503 000	3 598 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	237 000	604 000	576 000	596 000
Other Income	0	0	0	0
Revenue	237 000	604 000	576 000	596 000
Cost of Goods Sold	0	0	0	0
Salary Costs	217 000	120 000	117 000	125 000
Depreciation	51 000	47 000	46 000	46 000
Impairment	0	0	0	0
Expenditure	649 000	705 000	728 000	751 000
Operating Profit	−413 000	−101 000	−152 000	−155 000
Financial Income	3 000	2 000	4 000	4 000
Financial Costs	0	0	1 000	0
Financial Balance	3 000	2 000	3 000	4 000
Dividends	0	0	0	0
Net Income	−424 000	−114 000	−163 000	−165 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 672 000	2 722 000	2 746 000	2 792 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 672 000	2 722 000	2 746 000	2 792 000
Total Fiancial Fixed Assets	0	0	0	7 000
Total Fixed Assets	2 672 000	2 722 000	2 746 000	2 799 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	163 000	560 000	725 000	754 000
Total Current Assets	171 000	656 000	757 000	799 000
Total Assets	2 843 000	3 378 000	3 503 000	3 598 000
Total Equity	2 776 000	3 200 000	3 314 000	3 477 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	12 000	17 000	67 000	8 000
Unpaid Taxes	16 000	22 000	29 000	22 000
Dividends	0	0	0	0
Other Current Debt	22 000	123 000	76 000	75 000
Total Current Debt	66 000	178 000	189 000	121 000
Total Equity and Debt	2 843 000	3 378 000	3 503 000	3 598 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,27 %	−3,56 %	−4,92 %	−4,75 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−174,26 %	−16,72 %	−26,39 %	−26,01 %
Current Ratio	2,59	3,69	4,01	6,6
Quick Ratio	2,59	3,69	4,01	6,6
Equity Ratio	0,98	0,95	0,95	0,97
Gross Profit Margin	100 %	100 %	100 %	100 %