VERSANOR AS

4014 STAVANGER

Finances

Return on Equity

0,16 %

Current Ratio

6,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 200 000	1 980 000	1 520 000	1 485 000
Net Income	24 000	599 000	452 000	−100 000
Total Assets	15 461 000	18 285 000	24 781 000	21 393 000
Total Equity	14 984 000	17 934 000	19 287 000	20 871 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 200 000	1 980 000	1 520 000	1 485 000
Expenditure	1 094 000	1 296 000	1 062 000	1 386 000
Operating Profit	106 000	685 000	457 000	99 000
Financial Income	110 000	67 000	85 000	87 000
Financial Costs	193 000	152 000	91 000	286 000
Financial Balance	−83 000	−85 000	−6 000	−199 000
Earnings Before Tax	24 000	599 000	452 000	−100 000
Tax	0	0	0	0
Net Income	24 000	599 000	452 000	−100 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 158 000	12 417 000	22 590 000	15 153 000
Total Current Assets	3 303 000	5 868 000	2 190 000	6 240 000
Total Assets	15 461 000	18 285 000	24 781 000	21 393 000
Total Retained Equity	811 000	3 761 000	5 114 000	6 698 000
Total Equity	14 984 000	17 934 000	19 287 000	20 871 000
Total Long-Term Debt	0	0	4 100 000	0
Total Current Debt	476 000	351 000	1 394 000	523 000
Total Equity and Debt	15 461 000	18 285 000	24 781 000	21 393 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	960 000	960 000	960 000	960 000
Other Income	240 000	1 020 000	560 000	525 000
Revenue	1 200 000	1 980 000	1 520 000	1 485 000
Cost of Goods Sold	0	0	0	0
Salary Costs	469 000	461 000	435 000	868 000
Depreciation	383 000	488 000	400 000	20 000
Impairment	0	0	0	0
Expenditure	1 094 000	1 296 000	1 062 000	1 386 000
Operating Profit	106 000	685 000	457 000	99 000
Financial Income	110 000	67 000	85 000	87 000
Financial Costs	193 000	152 000	91 000	286 000
Financial Balance	−83 000	−85 000	−6 000	−199 000
Dividends	0	0	0	0
Net Income	24 000	599 000	452 000	−100 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	853 000	853 000	853 000	853 000
Real Eastate	6 261 000	6 392 000	16 342 000	10 018 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	762 000	890 000	1 113 000	0
Total Tangible Assets	7 023 000	7 282 000	17 455 000	10 018 000
Total Fiancial Fixed Assets	4 282 000	4 282 000	4 282 000	4 282 000
Total Fixed Assets	12 158 000	12 417 000	22 590 000	15 153 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 020 000	3 673 000	50 000	3 972 000
Total Current Assets	3 303 000	5 868 000	2 190 000	6 240 000
Total Assets	15 461 000	18 285 000	24 781 000	21 393 000
Total Equity	14 984 000	17 934 000	19 287 000	20 871 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	4 100 000	0
Creditors	33 000	258 000	274 000	311 000
Unpaid Taxes	53 000	48 000	70 000	104 000
Dividends	0	0	0	0
Other Current Debt	329 000	45 000	84 000	107 000
Total Current Debt	476 000	351 000	1 394 000	523 000
Total Equity and Debt	15 461 000	18 285 000	24 781 000	21 393 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,16 %	3,34 %	2,34 %	−0,48 %
Debt-to-Equity Ratio	0	0	0,21	0
Operating Profit Margin	8,83 %	34,6 %	30,07 %	6,67 %
Current Ratio	6,94	16,72	1,57	11,93
Quick Ratio	6,94	16,72	1,57	11,93
Equity Ratio	0,97	0,98	0,78	0,98
Gross Profit Margin	100 %	100 %	100 %	100 %