VERDANE CAPITAL ADVISORS AS

0160 OSLO

Finances

Return on Equity

−3,4 %

Current Ratio

22,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	207 000	955 000	2 862 000	13 537 000
Net Income	−457 000	197 000	915 000	5 693 000
Total Assets	14 057 000	19 620 000	14 302 000	17 031 000
Total Equity	13 429 000	13 886 000	13 690 000	12 774 000

Income (NOK)	2022	2021	2020	2019
Revenue	207 000	955 000	2 862 000	13 537 000
Expenditure	681 000	522 000	3 181 000	6 152 000
Operating Profit	−474 000	433 000	−319 000	7 386 000
Financial Income	163 000	176 000	2 008 000	875 000
Financial Costs	10 000	354 000	511 000	969 000
Financial Balance	153 000	−178 000	1 497 000	−94 000
Earnings Before Tax	−321 000	255 000	1 177 000	7 293 000
Tax	136 000	59 000	262 000	1 600 000
Net Income	−457 000	197 000	915 000	5 693 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	208 000	373 000	469 000	653 000
Total Current Assets	13 850 000	19 247 000	13 833 000	16 378 000
Total Assets	14 057 000	19 620 000	14 302 000	17 031 000
Total Retained Equity	13 037 000	13 494 000	13 297 000	12 382 000
Total Equity	13 429 000	13 886 000	13 690 000	12 774 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	628 000	5 734 000	612 000	4 256 000
Total Equity and Debt	14 057 000	19 620 000	14 302 000	17 031 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	207 000	955 000	2 862 000	13 537 000
Other Income	0	0	0	0
Revenue	207 000	955 000	2 862 000	13 537 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	−56 000	−155 000
Depreciation	29 000	71 000	169 000	345 000
Impairment	0	0	0	0
Expenditure	681 000	522 000	3 181 000	6 152 000
Operating Profit	−474 000	433 000	−319 000	7 386 000
Financial Income	163 000	176 000	2 008 000	875 000
Financial Costs	10 000	354 000	511 000	969 000
Financial Balance	153 000	−178 000	1 497 000	−94 000
Dividends	0	0	0	0
Net Income	−457 000	197 000	915 000	5 693 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	136 000	161 000	176 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	203 000	232 000	303 000	472 000
Total Tangible Assets	203 000	232 000	303 000	472 000
Total Fiancial Fixed Assets	5 000	5 000	5 000	5 000
Total Fixed Assets	208 000	373 000	469 000	653 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	9 546 000	11 027 000	10 893 000	11 491 000
Total Current Assets	13 850 000	19 247 000	13 833 000	16 378 000
Total Assets	14 057 000	19 620 000	14 302 000	17 031 000
Total Equity	13 429 000	13 886 000	13 690 000	12 774 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	354 000	4 377 000	361 000	1 870 000
Unpaid Taxes	274 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	1 323 000	4 000	774 000
Total Current Debt	628 000	5 734 000	612 000	4 256 000
Total Equity and Debt	14 057 000	19 620 000	14 302 000	17 031 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,4 %	1,42 %	6,68 %	44,57 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−228,99 %	45,34 %	−11,15 %	54,56 %
Current Ratio	22,05	3,36	22,6	3,85
Quick Ratio	22,05	3,36	22,6	3,85
Equity Ratio	0,96	0,71	0,96	0,75
Gross Profit Margin	100 %	100 %	100 %	100 %