VENDELA PRODUCTION AS

0260 OSLO

Finances

Share Ownership

Return on Equity

7,21 %

Current Ratio

1,85

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 592 000	2 193 000	1 409 000	4 157 000
Net Income	23 000	228 000	46 000	1 105 000
Total Assets	725 000	1 370 000	1 311 000	2 918 000
Total Equity	319 000	896 000	1 098 000	1 477 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 592 000	2 193 000	1 409 000	4 157 000
Expenditure	2 560 000	1 901 000	1 350 000	2 661 000
Operating Profit	32 000	293 000	59 000	1 495 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	1 000	2 000
Financial Balance	0	0	−1 000	−1 000
Earnings Before Tax	32 000	293 000	59 000	1 494 000
Tax	9 000	65 000	13 000	390 000
Net Income	23 000	228 000	46 000	1 105 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	13 000
Total Current Assets	725 000	1 370 000	1 311 000	2 905 000
Total Assets	725 000	1 370 000	1 311 000	2 918 000
Total Retained Equity	59 000	637 000	839 000	1 218 000
Total Equity	319 000	896 000	1 098 000	1 477 000
Total Long-Term Debt	14 000	20 000	21 000	25 000
Total Current Debt	392 000	454 000	192 000	1 415 000
Total Equity and Debt	725 000	1 370 000	1 311 000	2 918 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 592 000	2 193 000	1 339 000	4 157 000
Other Income	0	0	70 000	0
Revenue	2 592 000	2 193 000	1 409 000	4 157 000
Cost of Goods Sold	101 000	109 000	49 000	72 000
Salary Costs	1 748 000	1 277 000	773 000	1 498 000
Depreciation	0	0	13 000	0
Impairment	0	0	0	0
Expenditure	2 560 000	1 901 000	1 350 000	2 661 000
Operating Profit	32 000	293 000	59 000	1 495 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	1 000	2 000
Financial Balance	0	0	−1 000	−1 000
Dividends	600 000	860 000	425 000	1 000 000
Net Income	23 000	228 000	46 000	1 105 000

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	0	13 000
Total Tangible Assets	0	0	0	13 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	13 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	275 000	728 000	889 000	1 697 000
Total Current Assets	725 000	1 370 000	1 311 000	2 905 000
Total Assets	725 000	1 370 000	1 311 000	2 918 000
Total Equity	319 000	896 000	1 098 000	1 477 000
Short-Term Group Debt	0	12 000	15 000	58 000
Total Long-Term Debt	14 000	20 000	21 000	25 000
Creditors	13 000	3 000	5 000	1 000
Unpaid Taxes	203 000	266 000	98 000	366 000
Dividends	600 000	860 000	425 000	1 000 000
Other Current Debt	161 000	107 000	57 000	462 000
Total Current Debt	392 000	454 000	192 000	1 415 000
Total Equity and Debt	725 000	1 370 000	1 311 000	2 918 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,21 %	25,45 %	4,19 %	74,81 %
Debt-to-Equity Ratio	0,04	0,02	0,02	0,02
Operating Profit Margin	1,23 %	13,36 %	4,19 %	35,96 %
Current Ratio	1,85	3,02	6,83	2,05
Quick Ratio	1,85	3,02	6,83	2,05
Equity Ratio	0,44	0,65	0,84	0,51
Gross Profit Margin	96,1 %	95,03 %	96,52 %	98,27 %