VERTSKAPET UTVIKLING AS

0276 OSLO

Finances

Share Ownership

Return on Equity

−17,81 %

Current Ratio

7,15

Debt-to-Equity Ratio

1,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 325 000	1 275 000	1 352 000	1 096 000
Net Income	−52 000	82 000	85 000	4 000
Total Assets	894 000	773 000	595 000	379 000
Total Equity	292 000	344 000	262 000	176 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 325 000	1 275 000	1 352 000	1 096 000
Expenditure	1 378 000	1 193 000	1 265 000	1 090 000
Operating Profit	−52 000	82 000	87 000	6 000
Financial Income	0	0	0	0
Financial Costs	0	0	3 000	0
Financial Balance	0	0	−3 000	0
Earnings Before Tax	−52 000	82 000	84 000	6 000
Tax	0	0	−1 000	1 000
Net Income	−52 000	82 000	85 000	4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	894 000	773 000	595 000	379 000
Total Assets	894 000	773 000	595 000	379 000
Total Retained Equity	188 000	240 000	158 000	73 000
Total Equity	292 000	344 000	262 000	176 000
Total Long-Term Debt	477 000	253 000	188 000	111 000
Total Current Debt	125 000	177 000	146 000	92 000
Total Equity and Debt	894 000	773 000	595 000	379 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 325 000	1 275 000	1 352 000	1 096 000
Other Income	0	0	0	0
Revenue	1 325 000	1 275 000	1 352 000	1 096 000
Cost of Goods Sold	388 000	390 000	353 000	346 000
Salary Costs	737 000	448 000	494 000	445 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 378 000	1 193 000	1 265 000	1 090 000
Operating Profit	−52 000	82 000	87 000	6 000
Financial Income	0	0	0	0
Financial Costs	0	0	3 000	0
Financial Balance	0	0	−3 000	0
Dividends	0	0	0	0
Net Income	−52 000	82 000	85 000	4 000

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	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	469 000	635 000	589 000	204 000
Total Current Assets	894 000	773 000	595 000	379 000
Total Assets	894 000	773 000	595 000	379 000
Total Equity	292 000	344 000	262 000	176 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	477 000	253 000	188 000	111 000
Creditors	9 000	0	45 000	19 000
Unpaid Taxes	58 000	79 000	63 000	38 000
Dividends	0	0	0	0
Other Current Debt	58 000	98 000	38 000	34 000
Total Current Debt	125 000	177 000	146 000	92 000
Total Equity and Debt	894 000	773 000	595 000	379 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,81 %	23,84 %	32,44 %	2,27 %
Debt-to-Equity Ratio	1,63	0,74	0,72	0,63
Operating Profit Margin	−3,92 %	6,43 %	6,43 %	0,55 %
Current Ratio	7,15	4,37	4,08	4,12
Quick Ratio	7,15	4,37	4,08	4,12
Equity Ratio	0,33	0,45	0,44	0,46
Gross Profit Margin	70,72 %	69,41 %	73,89 %	68,43 %