VERMELAND AS

2952 BEITO

Finances

Return on Equity

3,21 %

Current Ratio

414,49

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	10 700 000	1 950 000	4 457 000
Net Income	855 000	5 221 000	1 464 000	3 347 000
Total Assets	26 707 000	27 304 000	22 695 000	21 776 000
Total Equity	26 670 000	25 815 000	20 594 000	19 130 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	10 700 000	1 950 000	4 457 000
Expenditure	484 000	3 950 000	577 000	1 057 000
Operating Profit	−484 000	6 750 000	1 374 000	3 399 000
Financial Income	1 541 000	213 000	900 000	218 000
Financial Costs	202 000	274 000	478 000	−508 000
Financial Balance	1 339 000	−61 000	422 000	726 000
Earnings Before Tax	855 000	6 690 000	1 796 000	4 125 000
Tax	0	1 469 000	333 000	778 000
Net Income	855 000	5 221 000	1 464 000	3 347 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 372 000	11 563 000	9 966 000	9 750 000
Total Current Assets	15 336 000	15 741 000	12 730 000	12 026 000
Total Assets	26 707 000	27 304 000	22 695 000	21 776 000
Total Retained Equity	26 070 000	25 215 000	19 994 000	18 530 000
Total Equity	26 670 000	25 815 000	20 594 000	19 130 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	37 000	1 489 000	2 101 000	2 646 000
Total Equity and Debt	26 707 000	27 304 000	22 695 000	21 776 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	10 700 000	1 950 000	4 350 000
Other Income	0	0	0	107 000
Revenue	0	10 700 000	1 950 000	4 457 000
Cost of Goods Sold	12 000	3 645 000	288 000	783 000
Salary Costs	266 000	160 000	154 000	202 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	484 000	3 950 000	577 000	1 057 000
Operating Profit	−484 000	6 750 000	1 374 000	3 399 000
Financial Income	1 541 000	213 000	900 000	218 000
Financial Costs	202 000	274 000	478 000	−508 000
Financial Balance	1 339 000	−61 000	422 000	726 000
Dividends	0	0	0	0
Net Income	855 000	5 221 000	1 464 000	3 347 000

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	11 372 000	11 563 000	9 966 000	9 750 000
Total Fixed Assets	11 372 000	11 563 000	9 966 000	9 750 000
Stock	0	0	3 580 000	3 736 000
Total Investments	11 299 000	4 995 000	5 071 000	0
Cash, Bank	4 036 000	10 745 000	4 079 000	7 741 000
Total Current Assets	15 336 000	15 741 000	12 730 000	12 026 000
Total Assets	26 707 000	27 304 000	22 695 000	21 776 000
Total Equity	26 670 000	25 815 000	20 594 000	19 130 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	9 000	0	0	17 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	28 000	20 000	1 769 000	1 850 000
Total Current Debt	37 000	1 489 000	2 101 000	2 646 000
Total Equity and Debt	26 707 000	27 304 000	22 695 000	21 776 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,21 %	20,22 %	7,11 %	17,5 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	63,08 %	70,46 %	76,26 %
Current Ratio	414,49	10,57	6,06	4,54
Quick Ratio	414,49	10,57	−8,61	−11,03
Equity Ratio	1	0,95	0,91	0,88
Gross Profit Margin	-	65,93 %	85,23 %	82,43 %