T. VEFLEN PROSJEKT AS

1410 KOLBOTN

Finances

Share Ownership

Return on Equity

34,67 %

Current Ratio

1,69

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 752 000	1 785 000	1 992 000	1 982 000
Net Income	268 000	344 000	398 000	244 000
Total Assets	1 389 000	1 257 000	1 288 000	1 120 000
Total Equity	773 000	605 000	661 000	513 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 752 000	1 785 000	1 992 000	1 982 000
Expenditure	1 406 000	1 358 000	1 476 000	1 662 000
Operating Profit	345 000	427 000	516 000	320 000
Financial Income	0	0	2 000	2 000
Financial Costs	2 000	1 000	0	0
Financial Balance	−2 000	−1 000	2 000	2 000
Earnings Before Tax	344 000	426 000	517 000	322 000
Tax	76 000	82 000	119 000	78 000
Net Income	268 000	344 000	398 000	244 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	378 000	435 000	111 000	140 000
Total Current Assets	1 011 000	822 000	1 176 000	980 000
Total Assets	1 389 000	1 257 000	1 288 000	1 120 000
Total Retained Equity	673 000	505 000	561 000	413 000
Total Equity	773 000	605 000	661 000	513 000
Total Long-Term Debt	20 000	141 000	0	0
Total Current Debt	597 000	512 000	627 000	607 000
Total Equity and Debt	1 389 000	1 257 000	1 288 000	1 120 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 752 000	1 729 000	1 962 000	1 937 000
Other Income	0	55 000	30 000	44 000
Revenue	1 752 000	1 785 000	1 992 000	1 982 000
Cost of Goods Sold	0	63 000	32 000	1 000
Salary Costs	1 129 000	1 016 000	1 008 000	1 033 000
Depreciation	45 000	27 000	37 000	49 000
Impairment	0	0	0	0
Expenditure	1 406 000	1 358 000	1 476 000	1 662 000
Operating Profit	345 000	427 000	516 000	320 000
Financial Income	0	0	2 000	2 000
Financial Costs	2 000	1 000	0	0
Financial Balance	−2 000	−1 000	2 000	2 000
Dividends	100 000	150 000	250 000	250 000
Net Income	268 000	344 000	398 000	244 000

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	357 000	402 000	16 000	37 000
Total Tangible Assets	357 000	402 000	16 000	37 000
Total Fiancial Fixed Assets	21 000	33 000	96 000	104 000
Total Fixed Assets	378 000	435 000	111 000	140 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	659 000	443 000	796 000	774 000
Total Current Assets	1 011 000	822 000	1 176 000	980 000
Total Assets	1 389 000	1 257 000	1 288 000	1 120 000
Total Equity	773 000	605 000	661 000	513 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 000	141 000	0	0
Creditors	−19 000	28 000	−4 000	16 000
Unpaid Taxes	180 000	162 000	158 000	160 000
Dividends	100 000	150 000	250 000	250 000
Other Current Debt	116 000	104 000	103 000	103 000
Total Current Debt	597 000	512 000	627 000	607 000
Total Equity and Debt	1 389 000	1 257 000	1 288 000	1 120 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,67 %	56,86 %	60,21 %	47,56 %
Debt-to-Equity Ratio	0,03	0,23	0	0
Operating Profit Margin	19,69 %	23,92 %	25,9 %	16,15 %
Current Ratio	1,69	1,61	1,88	1,61
Quick Ratio	1,69	1,61	1,88	1,61
Equity Ratio	0,56	0,48	0,51	0,46
Gross Profit Margin	100 %	96,47 %	98,39 %	99,95 %