VENDIUM AS

3264 LARVIK

Finances

Return on Equity

52,08 %

Current Ratio

7,79

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	800 000	983 000	577 000	614 000
Net Income	1 492 000	257 000	94 000	2 000
Total Assets	3 208 000	1 792 000	1 888 000	1 420 000
Total Equity	2 865 000	1 373 000	1 117 000	1 023 000

Income (NOK)	2022	2021	2020	2019
Revenue	800 000	983 000	577 000	614 000
Expenditure	660 000	657 000	462 000	621 000
Operating Profit	141 000	326 000	115 000	−7 000
Financial Income	1 393 000	3 000	5 000	9 000
Financial Costs	0	0	0	0
Financial Balance	1 393 000	3 000	5 000	9 000
Earnings Before Tax	1 534 000	329 000	120 000	2 000
Tax	42 000	72 000	26 000	0
Net Income	1 492 000	257 000	94 000	2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	538 000	538 000	538 000	13 000
Total Current Assets	2 671 000	1 254 000	1 350 000	1 407 000
Total Assets	3 208 000	1 792 000	1 888 000	1 420 000
Total Retained Equity	2 835 000	1 343 000	1 087 000	993 000
Total Equity	2 865 000	1 373 000	1 117 000	1 023 000
Total Long-Term Debt	0	0	500 000	0
Total Current Debt	343 000	419 000	271 000	397 000
Total Equity and Debt	3 208 000	1 792 000	1 888 000	1 420 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	800 000	983 000	577 000	614 000
Other Income	0	0	0	0
Revenue	800 000	983 000	577 000	614 000
Cost of Goods Sold	3 000	3 000	3 000	3 000
Salary Costs	641 000	630 000	437 000	597 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	660 000	657 000	462 000	621 000
Operating Profit	141 000	326 000	115 000	−7 000
Financial Income	1 393 000	3 000	5 000	9 000
Financial Costs	0	0	0	0
Financial Balance	1 393 000	3 000	5 000	9 000
Dividends	0	0	0	150 000
Net Income	1 492 000	257 000	94 000	2 000

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	538 000	538 000	538 000	13 000
Total Fixed Assets	538 000	538 000	538 000	13 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 214 000	1 254 000	1 350 000	1 407 000
Total Current Assets	2 671 000	1 254 000	1 350 000	1 407 000
Total Assets	3 208 000	1 792 000	1 888 000	1 420 000
Total Equity	2 865 000	1 373 000	1 117 000	1 023 000
Short-Term Group Debt	0	0	0	150 000
Total Long-Term Debt	0	0	500 000	0
Creditors	0	0	0	0
Unpaid Taxes	242 000	278 000	172 000	183 000
Dividends	0	0	0	150 000
Other Current Debt	60 000	68 000	73 000	63 000
Total Current Debt	343 000	419 000	271 000	397 000
Total Equity and Debt	3 208 000	1 792 000	1 888 000	1 420 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,08 %	18,72 %	8,42 %	0,2 %
Debt-to-Equity Ratio	0	0	0,45	0
Operating Profit Margin	17,63 %	33,16 %	19,93 %	−1,14 %
Current Ratio	7,79	2,99	4,98	3,54
Quick Ratio	7,79	2,99	4,98	3,54
Equity Ratio	0,89	0,77	0,59	0,72
Gross Profit Margin	99,63 %	99,69 %	99,48 %	99,51 %