VERMUNDSJØEN BIOENERGI AS

2283 ÅSNES FINNSKOG

Finances

Share Ownership

Return on Equity

56,68 %

Current Ratio

0,7

Debt-to-Equity Ratio

1,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	37 224 000	27 698 000	25 459 000	24 125 000
Net Income	653 000	882 000	461 000	−1 438 000
Total Assets	7 868 000	8 197 000	7 570 000	4 461 000
Total Equity	1 152 000	499 000	−383 000	−843 000

Income (NOK)	2022	2021	2020	2019
Revenue	37 224 000	27 698 000	25 459 000	24 125 000
Expenditure	36 298 000	26 765 000	24 972 000	25 472 000
Operating Profit	852 000	868 000	536 000	−1 349 000
Financial Income	0	93 000	25 000	1 000
Financial Costs	199 000	80 000	100 000	90 000
Financial Balance	−199 000	13 000	−75 000	−89 000
Earnings Before Tax	653 000	882 000	461 000	−1 438 000
Tax	0	0	0	0
Net Income	653 000	882 000	461 000	−1 438 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 028 000	2 706 000	3 879 000	15 000
Total Current Assets	3 840 000	5 491 000	3 691 000	4 446 000
Total Assets	7 868 000	8 197 000	7 570 000	4 461 000
Total Retained Equity	653 000	0	−2 683 000	−3 143 000
Total Equity	1 152 000	499 000	−383 000	−843 000
Total Long-Term Debt	1 197 000	2 251 000	3 354 000	0
Total Current Debt	5 519 000	5 447 000	4 598 000	5 305 000
Total Equity and Debt	7 868 000	8 197 000	7 570 000	4 461 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 056 000	26 929 000	24 975 000	24 474 000
Other Income	2 168 000	769 000	484 000	−349 000
Revenue	37 224 000	27 698 000	25 459 000	24 125 000
Cost of Goods Sold	6 106 000	3 247 000	2 157 000	2 295 000
Salary Costs	7 814 000	6 979 000	7 429 000	6 846 000
Depreciation	57 000	173 000	26 000	10 000
Impairment	0	0	0	0
Expenditure	36 298 000	26 765 000	24 972 000	25 472 000
Operating Profit	852 000	868 000	536 000	−1 349 000
Financial Income	0	93 000	25 000	1 000
Financial Costs	199 000	80 000	100 000	90 000
Financial Balance	−199 000	13 000	−75 000	−89 000
Dividends	0	0	0	0
Net Income	653 000	882 000	461 000	−1 438 000

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	130 000	688 000	810 000	11 000
Total Tangible Assets	130 000	688 000	810 000	11 000
Total Fiancial Fixed Assets	3 899 000	2 018 000	3 069 000	4 000
Total Fixed Assets	4 028 000	2 706 000	3 879 000	15 000
Stock	76 000	150 000	215 000	166 000
Total Investments	0	0	0	0
Cash, Bank	236 000	226 000	236 000	262 000
Total Current Assets	3 840 000	5 491 000	3 691 000	4 446 000
Total Assets	7 868 000	8 197 000	7 570 000	4 461 000
Total Equity	1 152 000	499 000	−383 000	−843 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 197 000	2 251 000	3 354 000	0
Creditors	2 369 000	2 504 000	1 473 000	2 061 000
Unpaid Taxes	892 000	1 174 000	925 000	437 000
Dividends	0	0	0	0
Other Current Debt	1 271 000	721 000	830 000	993 000
Total Current Debt	5 519 000	5 447 000	4 598 000	5 305 000
Total Equity and Debt	7 868 000	8 197 000	7 570 000	4 461 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,68 %	176,75 %	−120,37 %	170,58 %
Debt-to-Equity Ratio	1,04	4,51	−8,76	−0
Operating Profit Margin	2,29 %	3,13 %	2,11 %	−5,59 %
Current Ratio	0,7	1,01	0,8	0,84
Quick Ratio	0,71	1,04	0,84	0,87
Equity Ratio	0,15	0,06	−0,05	−0,19
Gross Profit Margin	83,6 %	88,28 %	91,53 %	90,49 %