VEDAL UTVIKLING AS

0281 OSLO

Finances

Share Ownership

Return on Equity

−22,29 %

Current Ratio

1,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 903 000	16 881 000	24 651 000	44 288 000
Net Income	−3 336 000	−7 834 000	19 419 000	6 110 000
Total Assets	28 777 000	28 795 000	50 092 000	25 353 000
Total Equity	14 966 000	20 556 000	19 335 000	13 309 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 903 000	16 881 000	24 651 000	44 288 000
Expenditure	31 383 000	26 822 000	35 247 000	36 429 000
Operating Profit	−4 479 000	−9 943 000	−10 596 000	7 859 000
Financial Income	327 000	18 000	27 742 000	144 000
Financial Costs	2 000	0	7 000	3 000
Financial Balance	325 000	18 000	27 735 000	141 000
Earnings Before Tax	−4 154 000	−9 925 000	17 139 000	8 000 000
Tax	−818 000	−2 090 000	−2 281 000	1 890 000
Net Income	−3 336 000	−7 834 000	19 419 000	6 110 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 683 000	2 560 000	3 322 000	7 562 000
Total Current Assets	26 094 000	26 234 000	46 770 000	17 791 000
Total Assets	28 777 000	28 795 000	50 092 000	25 353 000
Total Retained Equity	2 164 000	10 500 000	18 335 000	12 309 000
Total Equity	14 966 000	20 556 000	19 335 000	13 309 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	13 811 000	8 238 000	30 758 000	12 044 000
Total Equity and Debt	28 777 000	28 795 000	50 092 000	25 353 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 903 000	16 881 000	24 651 000	44 288 000
Other Income	0	0	0	0
Revenue	26 903 000	16 881 000	24 651 000	44 288 000
Cost of Goods Sold	2 220 000	1 338 000	2 146 000	2 521 000
Salary Costs	20 980 000	18 526 000	24 641 000	24 572 000
Depreciation	165 000	186 000	221 000	193 000
Impairment	0	0	0	0
Expenditure	31 383 000	26 822 000	35 247 000	36 429 000
Operating Profit	−4 479 000	−9 943 000	−10 596 000	7 859 000
Financial Income	327 000	18 000	27 742 000	144 000
Financial Costs	2 000	0	7 000	3 000
Financial Balance	325 000	18 000	27 735 000	141 000
Dividends	5 000 000	0	20 000 000	0
Net Income	−3 336 000	−7 834 000	19 419 000	6 110 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 116 000	813 000	1 252 000	835 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	874 000	1 038 000	1 225 000	1 446 000
Total Tangible Assets	874 000	1 038 000	1 225 000	1 446 000
Total Fiancial Fixed Assets	693 000	709 000	846 000	5 282 000
Total Fixed Assets	2 683 000	2 560 000	3 322 000	7 562 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	19 013 000	12 654 000	35 595 000	13 202 000
Total Current Assets	26 094 000	26 234 000	46 770 000	17 791 000
Total Assets	28 777 000	28 795 000	50 092 000	25 353 000
Total Equity	14 966 000	20 556 000	19 335 000	13 309 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	954 000	957 000	690 000	1 720 000
Unpaid Taxes	1 364 000	1 227 000	1 139 000	2 646 000
Dividends	5 000 000	0	20 000 000	0
Other Current Debt	6 493 000	6 055 000	8 928 000	5 809 000
Total Current Debt	13 811 000	8 238 000	30 758 000	12 044 000
Total Equity and Debt	28 777 000	28 795 000	50 092 000	25 353 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−22,29 %	−38,11 %	100,43 %	45,91 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−16,65 %	−58,9 %	−42,98 %	17,75 %
Current Ratio	1,89	3,18	1,52	1,48
Quick Ratio	1,89	3,18	1,52	1,48
Equity Ratio	0,52	0,71	0,39	0,52
Gross Profit Margin	91,75 %	92,07 %	91,29 %	94,31 %