VERVEN 16 A BORETTSLAG

4017 STAVANGER

Finances

Share Ownership

Return on Equity

8,92 %

Current Ratio

7,98

Debt-to-Equity Ratio

2,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 180 000	3 312 000	3 123 000	3 123 000
Net Income	1 433 000	1 858 000	1 477 000	1 538 000
Total Assets	48 450 000	48 430 000	48 046 000	48 029 000
Total Equity	16 074 000	14 641 000	12 783 000	11 305 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 180 000	3 312 000	3 123 000	3 123 000
Expenditure	1 134 000	792 000	947 000	856 000
Operating Profit	2 046 000	2 520 000	2 176 000	2 267 000
Financial Income	12 000	1 000	2 000	8 000
Financial Costs	624 000	663 000	701 000	737 000
Financial Balance	−612 000	−662 000	−699 000	−729 000
Earnings Before Tax	2 046 000	2 520 000	2 176 000	2 267 000
Tax	0	0	0	0
Net Income	1 433 000	1 858 000	1 477 000	1 538 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	47 468 000	47 468 000	47 468 000	47 468 000
Total Current Assets	982 000	962 000	578 000	561 000
Total Assets	48 450 000	48 430 000	48 046 000	48 029 000
Total Retained Equity	16 045 000	14 612 000	12 754 000	11 276 000
Total Equity	16 074 000	14 641 000	12 783 000	11 305 000
Total Long-Term Debt	32 253 000	33 778 000	35 264 000	36 712 000
Total Current Debt	123 000	12 000	0	12 000
Total Equity and Debt	48 450 000	48 430 000	48 046 000	48 029 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 180 000	3 312 000	3 123 000	3 123 000
Revenue	3 180 000	3 312 000	3 123 000	3 123 000
Cost of Goods Sold	0	0	0	0
Salary Costs	40 000	17 000	17 000	17 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 134 000	792 000	947 000	856 000
Operating Profit	2 046 000	2 520 000	2 176 000	2 267 000
Financial Income	12 000	1 000	2 000	8 000
Financial Costs	624 000	663 000	701 000	737 000
Financial Balance	−612 000	−662 000	−699 000	−729 000
Dividends	0	0	0	0
Net Income	1 433 000	1 858 000	1 477 000	1 538 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	47 468 000	47 468 000	47 468 000	47 468 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	47 468 000	47 468 000	47 468 000	47 468 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	47 468 000	47 468 000	47 468 000	47 468 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	945 000	929 000	541 000	423 000
Total Current Assets	982 000	962 000	578 000	561 000
Total Assets	48 450 000	48 430 000	48 046 000	48 029 000
Total Equity	16 074 000	14 641 000	12 783 000	11 305 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	32 253 000	33 778 000	35 264 000	36 712 000
Creditors	0	3 000	0	5 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	123 000	9 000	0	7 000
Total Current Debt	123 000	12 000	0	12 000
Total Equity and Debt	48 450 000	48 430 000	48 046 000	48 029 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,92 %	12,69 %	11,55 %	13,6 %
Debt-to-Equity Ratio	2,01	2,31	2,76	3,25
Operating Profit Margin	64,34 %	76,09 %	69,68 %	72,59 %
Current Ratio	7,98	80,17	-	46,75
Quick Ratio	7,98	80,17	-	46,75
Equity Ratio	0,33	0,3	0,27	0,24
Gross Profit Margin	100 %	100 %	100 %	100 %