VERDISIKRING SØR AS

4636 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

−0,49 %

Current Ratio

2,81

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	910 000	892 000	303 000	0
Net Income	−5 000	111 000	−121 000	−12 000
Total Assets	1 725 000	1 722 000	1 754 000	1 528 000
Total Equity	1 016 000	1 022 000	910 000	1 032 000

Income (NOK)	2022	2021	2020	2019
Revenue	910 000	892 000	303 000	0
Expenditure	916 000	750 000	452 000	16 000
Operating Profit	−7 000	143 000	−149 000	−16 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	6 000	0
Financial Balance	0	−1 000	−6 000	0
Earnings Before Tax	−7 000	142 000	−156 000	−16 000
Tax	−2 000	31 000	−34 000	−4 000
Net Income	−5 000	111 000	−121 000	−12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	103 000	0
Total Current Assets	1 725 000	1 722 000	1 652 000	1 528 000
Total Assets	1 725 000	1 722 000	1 754 000	1 528 000
Total Retained Equity	716 000	721 000	610 000	731 000
Total Equity	1 016 000	1 022 000	910 000	1 032 000
Total Long-Term Debt	94 000	118 000	244 000	170 000
Total Current Debt	614 000	583 000	600 000	327 000
Total Equity and Debt	1 725 000	1 722 000	1 754 000	1 528 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	910 000	853 000	303 000	0
Other Income	0	39 000	0	0
Revenue	910 000	892 000	303 000	0
Cost of Goods Sold	50 000	72 000	1 000	0
Salary Costs	787 000	562 000	340 000	0
Depreciation	0	4 000	7 000	0
Impairment	0	0	0	0
Expenditure	916 000	750 000	452 000	16 000
Operating Profit	−7 000	143 000	−149 000	−16 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	6 000	0
Financial Balance	0	−1 000	−6 000	0
Dividends	0	0	0	0
Net Income	−5 000	111 000	−121 000	−12 000

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	103 000	0
Total Tangible Assets	0	0	103 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	103 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	179 000	129 000	90 000	25 000
Total Current Assets	1 725 000	1 722 000	1 652 000	1 528 000
Total Assets	1 725 000	1 722 000	1 754 000	1 528 000
Total Equity	1 016 000	1 022 000	910 000	1 032 000
Short-Term Group Debt	375 000	375 000	428 000	288 000
Total Long-Term Debt	94 000	118 000	244 000	170 000
Creditors	0	8 000	1 000	0
Unpaid Taxes	128 000	85 000	87 000	0
Dividends	0	0	0	0
Other Current Debt	89 000	60 000	84 000	0
Total Current Debt	614 000	583 000	600 000	327 000
Total Equity and Debt	1 725 000	1 722 000	1 754 000	1 528 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,49 %	10,86 %	−13,3 %	−1,16 %
Debt-to-Equity Ratio	0,09	0,12	0,27	0,16
Operating Profit Margin	−0,77 %	16,03 %	−49,17 %	-
Current Ratio	2,81	2,95	2,75	4,67
Quick Ratio	2,81	2,95	2,75	4,67
Equity Ratio	0,59	0,59	0,52	0,68
Gross Profit Margin	94,51 %	91,93 %	99,67 %	-